US Stock News
SNAP Stock Edges Higher on Reaching 5 Million Snapchat+ Users
The Snap Inc (NYSE: SNAP) stock price edged 1.16% after announcing that its paid subscription service had added 5 million new users, each paying $3.99 monthly. The subscription service known as Snapchat+ offers subscribers ad
Broadcom (AVGO) Stock Price Fell 6.3% on Reports About Google
The Broadcom Inc (NASDAQ: AVGO) stock price fell 6.33% after news emerged that Google had discussed dropping the firm as its supplier for the tensor processing units (TPUs). The microchips, critical in powering Google’s AI ap
Near Intelligence (NIR) Stock Price Surged 56.7% on Latest Report
The Near Intelligence Inc (NASDAQ: NIR) stock price surged 56.65% after the company released a report indicating that it is a trusted partner of leading global commercial real estate (CRE) companies seeking high-quality real
Rivian (RIVN) Stock Is Up 68.4% in Six Months. Is the Firm a Buy?
The Rivian Automotive Inc (NASDAQ: RIVN) stock price has risen 68.4% in the past six months, driven by positive investor sentiment towards the electric vehicle manufacturer. Some positive factors that have driven RIVN stock h
Nikola Stock Fell for the Second Day After Appointing a New COO
The Nikola Corp (NASDAQ: NKLA) stock price edged lower for the second day despite the recent higher rally triggered by Mary Chan's appointment as Chief Operating Officer (COO). Mary will officially take over her new role on O
Stitch Fix (SFIX) Stock Price Fell 6.56% on Q4 and FY 2023 Results
The Stitch Fix Inc (NASDAQ: SFIX) stock price fell 6.56% after the company released its Q4 2023 and full-year results for the financial year ended on July 31, 2023. The company generated revenues worth $375.8 million in Q4 20
Rocket Lab (RKLB) Stock Price Crashed 26% After Rocket Crashed
The Rocket Lab (NASDAQ: RKLB) stock price crashed 26.2% after announcing that it suffered an anomaly during the launch of an Earth-observation satellite earlier today. The company noted that an Electron rocket carrying a synt
Klaviyo IPO: Marketing Firm Ups IPO Price Seeking $9Bn Valuation
Klaviyo announced plans to increase its IPO valuation to $9 billion after upping its IPO share price target to between $27 and $29 from between $25 and $27 earlier following the upbeat performance of Aarm’s IPO. The move come
Planet Fitness (PLNT) Shares Are Down 17% Since CEO’s Ouster
The Planet Fitness Inc (NYSE: PLNT) share price has fallen 17% since the ouster of its CEO on Friday, September 18, triggered a massive decline. The dismissal of the CEO came as a surprise to the markets and even to people cl
Instacart Raises Its IPO Pricing After Arm’s Recent Successful IPO
Instacart has raised the target range of its IPO shares from $26 to $28 per share to $28 to $30 per share while seeking to raise about $660 million. The company’s higher pricing brings its market valuation to a high of $10 bi
Why Arm Stock Was Trading Down Slightly After Its Massive IPO
The Arm Holdings plc ADS (NASDAQ: ARM) stock price was trading down 2.67% during premarket trading as sellers kept pushing prices lower. The company’s shares were trading way above the IPO price of $51 as the stock entered it
HP Inc (HPQ) Stock Price Fell 6.61% in a Week on Buffet Stock Sell
The HP Inc (NYSE: HPQ) stock price fell 6.61% after the Oracle of Omaha, Warren Buffett’s Berkshire Hathaway, confirmed that it sold 5.5 million shares valued at $158 million in HP Inc. The regulatory filing did not disclose
Birkenstock IPO: 250-Year-Old Shoe Firm Files IPO Documents
Birkenstock finally filed its IPO registration statement on Tuesday, September 12, 2023, confirming the rumours circulating among the media and the public that the company was considering filing for a US IPO shortly.
AMC Stock Price Rallied 8% After a $325.5M Discounted Fundraise
The AMC Entertainment Holdings Inc (NYSE: AMC) stock price rallied 8% after announcing that it had raised $325.5 million after issuing 40 million new shares priced at $8.14 each. The at-the-market (ATM) equity offering launch
Arm IPO: Arm Prices Its IPO Shares at $51, Valuing It at $54.5Bn
Arm is scheduled to start trading on the Nasdaq later today after pricing its IPO shares at $51 each, translating to a market capitalisation of $54.5 billion. The company plans to list at least 95.5 million American depositor
Apple (AAPL) Stock Fell for the Second Day After iPhone 15 Launch
The Apple Inc (NASDAQ: AAPL) stock price fell slightly for the second day after the much-awaited launch of its iPhone 15 smartphones on September 12, 2023. The firm was expected to increase prices but kept them the same, exce
Rocket Pharma (RCKT) Stock Soared 37% on FDA Trial Alignment
The Rocket Pharmaceuticals Inc (NASDAQ: RCKT) stock price soared 37.4% after announcing that it had reached alignment with the US Food and Drug Administration (FDA) on a pivotal Phase 2 trial design for its RP-A501 drug treat
Spirit Airlines (SAVE) Stock Price Fell 4.5% on Lower Q3 Guidance
The Spirit Airlines Inc (NYSE: SAVE) stock price fell 4.51% during premarket trading after lowering its third-quarter guidance to reflect increased promotional activity for travel in the second half and a recent spike in fuel
Apple (AAPL) Stock Edged Higher Ahead of Today’s Keynote Event
The Apple Inc (NASDAQ: AAPL) stock price edged 0.34% higher ahead of the planned September keynote event scheduled for 10:00 a.m. Pacific time. The company is expected to reveal its lineup of iPhone 15s, its latest Apple Watc
Oracle Stock Price Plunged 10% on Q1 FY2024 Results, Guidance
The Oracle Corp (NYSE: ORCL) stock price plunged 10.3% after announcing the financial results for the first quarter of its 2024 financial year. The company generated total revenues of $12.5 billion, up 9% in US dollars and 8%
Qualcomm (QCOM) Stock Rose 5.6% on the Apple 5G Chips Deal
The Qualcomm Inc (NASDAQ: QCOM) stock price rose 5.62% after announcing that it had signed a three-year agreement with Apple Inc. to supply Snapdragon® 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026.
Instacart IPO: The Grocery Delivery Firm Seeks a $9.3Bn Valuation
Grocery delivery firm Instacart is eyeing a $9.3 billion valuation at its upcoming IPO. The valuation was first leaked by a Sunday exclusive report by the Wall Street Journal, citing people familiar with the matter. The WSJ’s
Alibaba Stock Price Fell Premarket on the CEO’s Abrupt Departure
The Alibaba Group Holding Ltd - ADR (NYSE: BABA) stock price was trading slightly during premarket trading after announcing that its outgoing CEO, Daniel Zhang, would also be stepping down from his role as CEO and Chairman of