US Stock News
Rivian Stock Price Extends Losses on Plans for a $1.5Bn Green Bond
The Rivian Automotive Inc (NASDAQ: RIVN) stock price extended its losses today. It was trading down over 2.50% as investors continued reacting to news that the company was planning to issue a $1.5 billion green convertible bo
Tesla Stock Fell Amid Further Price Cuts To Boost Its Q4 Deliveries
The Tesla Inc (NASDQ: TSLA) stock price fell 1.45% after announcing a new series of price cuts on the Model 3 and Y to meet its ambitious goal of delivering 476,000 vehicles in Q4 2023 to meet its annual target of delivering
Birkenstock IPO: Will the IPO Perform Better Than Recent Ones?
The much-awaited Birkenstock IPO is finally here with us as the sandal-maker prepares to list on the New York Stock Exchange (NYSE) next week. The company is expected to sell 32 million shares priced between $44 and $49 apiec
Newmont (NEM) Shares Edged Higher on Newcrest Regulatory Approvals
The Newmont Corporation (NYSE: NEM) share price edged 0.80% higher after Newcrest Mining announced that it had received all the regulatory approvals required for its acquisition to proceed. Newmont wants to acquire Newcrest M
Meta Stock Price Fell 0.3% Amid Layoffs at Its Metaverse Division
The Meta Platforms Inc (NASDAQ: META) stock price fell 0.30% during premarket trading after news emerged that the tech company would be laying off workers later today, according to an exclusive report by Reuters.
Intel Stock Price Rose 2.47% on Plans To Spin Off Another Unit
The Intel Corporation (NASDAQ: INTC) stock price edged 2.47% higher after announcing plans to operate its programmable chips unit as a standalone entity. The company expects to spin off the unit starting in January 2024 and h
ALX Oncology (ALXO) Stock Soared 108.7% on Phase 2 Trial Data
The ALX Oncology Holdings Inc (NASDAQ: ALXO) stock price soared 108.7% after releasing positive interim Phase 2 ASPEN-06 clinical trial results of Evorpacept for treating advanced HER2-Positive Gastric Cancer.
SDC: SmileDirectClub Stock Price Fell Heavily on Bankruptcy Filing
The SmileDirectClub Inc (NASDAQ: SDC) stock price fell 61.18% yesterday after filing for Chapter 11 bankruptcy protection and securing $20 million in debtor-in-financing funding from its founders to remain afloat as it engage
3 Stocks to Watch in Q4
Q4 is here, and investors are searching for potential outperformers. With the market facing a number of challenges, it's important to select companies that are well-positioned to weather the storm and deliver strong results.
Femasys (FEMY) Stock Extends Gains As Investors Pile Into the Stock
The Femasys Inc (NASDAQ: FEMY) stock price continued rallying higher on Monday following Friday’s 96% rally as investor sentiment towards the company remained decidedly bullish. The persistent demand for FEMY shares can be se
Nike Stock Price Surged 10.3% on Upbeat Q1 Fiscal 2024 Earnings
The Nike Inc (NYSE: NKE) stock price surged 10.3% premarket after releasing the financial results for the first quarter of its 2024 financial year. The company generated revenues worth $12.94 billion, missing analysts’ estima
Axcella Health (AXLA) Stock Price Fell 10.6% After Massive Rally
The Axcella Health Inc (NASDAQ: AXLA) stock price fell 10.60% after yesterday’s massive 52.97% rally triggered several trading halts by the Nasdaq Global Market. The rally was triggered by massive investor interest in the com
Travel Demand Remains Robust, and These 2 Stocks Could Benefit
The global travel industry continues to rebound, with demand for flights, hotels, and other travel experiences remaining strong. This is good news for investors in the sector.
Micron Technology (MU) Stock Fell 6.3% on Q4 and FY ’23 Results
The Micron Technology Inc (NASDAQ: MU) stock price fell 6.26% after announcing its Q4 and FY2023 results that ended on August 31, 2023. The company reported a wider first-quarter loss forecast, but its earnings report had som
GameStop (GME) Stock Surged 7.52% As Cohen Is Its New CEO
The GameStop Corp (NYSE: GME) stock price surged 7.52% on news that it had appointed activist investor Ryan Cohen as its new CEO, Chairman and President. Ryan will assume his new roles immediately and will not receive a salar
Rivian (RIVN) Stock Price Rose 1.62% on an Optimistic Analyst Note
The Rivian Automotive Inc (NASDAQ: RIVN) stock price rose 1.62% on reports that the EV startup was outdoing some of its peers as it accounts for 2.8% of the EV market in the US. The data provided by Experian indicated that Ri
Immunovant (IMVT) Stock Edges Higher After 97% Rally on Trial Results
The Immunovant Inc (NASDAQ: IMVT) stock price was edging higher premarket after yesterday’s massive rally triggered by the release of upbeat clinical trial results from the Phase 1 clinical trial of IMVT-1402, which has been
Roivant Sciences (ROIV) Stock Price Rallied 20.2% on Trial Data
The Roivant Sciences (NASDAQ: ROIV) stock price rallied 20.18% after its subsidiary Immunovant reported upbeat Phase I clinical trial data. The data was related to IMVT-1402, a drug candidate targeted at patients with autoimm
Amazon.com (AMZN) Stock Edged Lower Despite $4bn AI Investment
The Amazon.com, Inc. (NASDAQ: AMZN) stock price edged lower despite the company announcing yesterday that it has committed to investing up to $4 billion in Anthropic, an AI startup, as part of the mad rush by leading tech com
Amazon.com (AMZN) Stock Edged 1.65% on Ads in Prime Videos
The Amazon.com, Inc. (NASDAQ: AMZN) stock price rose 1.65% after announcing that it would introduce limited ads to its Prime Video shows and movies. Investors reacted positively to the news as Amazon.com joined its streaming
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