US Stock News
Intel to Spin-off Venture Capital Arm in Strategic Overhaul
Intel Corporation (NASDAQ: INTC) has announced its decision to spin-off its venture capital unit, Intel Capital, as the company seeks to streamline operations and reduce costs. This move comes amidst efforts to re-establish I

Leerink Reaffirms Confidence in Eli Lilly Despite Slow Mounjaro and Zepbound Sales
Eli Lilly has adjusted its revenue projections for the fourth quarter of 2024, revising the expected revenue to $13.5 billion. This figure is $400 million less than the company initially projected, a change largely attributed

PSP Investments Reduces Stake in D-Wave Stock (QBTS) as Analyst Doubles Price Target
The Public Sector Pension Investment Board (PSP Investments) has recently sold a substantial portion of its D-Wave Systems stock (NYSE: QBTS), signalling a strategic approach to the volatility being seen in the stock market.

Apple’s Stock in Correction Territory as iPhone Shipments Fall in Q4 2024
In the fourth quarter of 2024, Apple Inc. (NASDAQ: AAPL) experienced a decline in its global iPhone shipments. This decline is primarily attributed to weak demand and sales in China, according to data from the International D

Citi Boosts MasterCard Price Target (NYSE: MA) to $584 Amid FinTech Upswing
In a recent analyst adjustment, Citi has raised the price target on MasterCard Incorporated (NYSE: MA) to $584, up from the previous target of $572, while maintaining a "Buy" rating for the stock. This revision accompanies a

KB Home Stock (NYSE: KBH) Gains Boosted $95 Price Target as Earnings Beat
Evercore ISI has upgraded their price target for KB Home's stock (NYSE: KBH), a notable player in the residential construction sector, from $88 to $95, while retaining an Outperform rating on the shares. This updated target c

Tradeweb Markets’ Stock Raised By Analysts
Tradeweb Markets' stock (NASDAQ: TW) is trading up 1.61% today, moving back into the green on the year at $131.94. In recent days, the stock has seen a small raise from Barclays analyst Benjamin Budish, increasing the firm's

Southwest Gas Stock (NYSE: SWX) Initiated With $73 Price Target at Jefferies
Southwest Gas Holdings, Inc. (NYSE: SWX), a key player in the utilities sector, has been started with a Hold rating by the investment firm Jefferies, who also set a price target of $73 on the company's stock. This target sugg

Robinhood to Pay $45M Fine Following SEC Allegations
Robinhood Markets' (NASDAQ: HOOD) two key broker-dealer units, Robinhood Securities LLC and Robinhood Financial LLC, have consented to pay $45 million in penalties. This payment comes as a settlement to address allegations po

Lululemon’s Price Target (NASDAQ: LULU) Increased at BofA
Bank of America has lifted its price target for the athletic apparel retailer Lululemon Athletica's stock to $480, up from the previous $420, while keeping a Buy rating on the shares. Following a successful holiday performanc

Nvidia Expands AI Operations with New Headquarters in Taipei
Nvidia Corporation (NASDAQ: NVDA) is bolstering its presence in the artif

US Indices Red on Year, Barclays Foresees Single Fed Rate Cut
In December, labour market data showed a strong performance with nonfarm payrolls increasing by 256,000, significantly surpassing the consensus estimate of 165,000. The unemployment rate also saw a decline to 4.1%, supported

Apple Increases CEO Tim Cook’s Salary by 18% for 2024
Apple Inc. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74.6 million, up from $63.2 million the previous year. This decision highlights the company's

Snowflake’s (NYSE: SNOW) Price Target Raised to $200
Oppenheimer has raised its price target on Snowflake 's stock (NYSE: SNOW) to $200 from $180, underscoring the firm's confidence in the software company's prospects. Snowflake retains an Outperform rating from the analyst fir

Microvast Stock Starts Week Red After New 52-Week High
Microvast Holdings stock (NASDAQ:MVST) has begun this week red in the pre-market, down 5.53% at $2.22, having hit a new 52-week high at $2.87 on Friday. This surge reflects growing investor confidence, driven by various facto

Joby Aviation Stock Red Pre-Market as Analysts’ Sentiment Shifts
Joby Aviation stock (NYSE: JOBY) is trading down 3.2% in this morning's pre-market, having ended the last week with a 7.9% drop, and a downgrade to boot. The firm, pioneering the electric vertical takeoff and landing (eVTOL)

Europe’s Largest Pension Fund Sells Tesla Holdings
Europe's largest pension fund, Stichting Pensioenfonds ABP, has divested its entire stake in Tesla Inc., which was valued at €571 million ($585 million). This significant move occurred during the third quarter, following disa

Instacart (NASDAQ: CART) Upgraded to “Buy”, $56 Price Target
Instacart's stock (NASDAQ: CART) offered a considerable outperformance on the market through 2024, with a gain of more than 80%. A 5% gain through the start of this year could be setting the tone for further upside if analyst

PG&E Stock (NYSE: PCG) Gains Bullish Analyst Coverage
PG&E Corporation's stock price (NYSE: PCG) came under fire as markets dropped Friday, experiencing a 10.81% loss on the day, bringing year-to-date returns to an underwhelming 15.17% in the red. This brings the stock back

BWX Technologies (NYSE: BWXT) Price Target Raised to $140
In the wake of a strategic acquisition and growing industry opportunities, Maxim analyst Tate Sullivan has updated the price target on BWX Technologies (NYSE: BWXT), raising it modestly from $138 to $140 while sustaining a Bu

ON Semiconductor Stock (NASDAQ: ON) Continues Decline as Analyst Cuts Price Target
Bank of America (BofA) has reduced its price target for ON Semiconductor Corporation (NASDAQ: ON), from $90 to $75, maintaining a 'Buy' rating on the stock. The adjustment comes after analysts attended the CES trade show, eng

Interpublic Group’s Stock (IPG) Double Upgraded to Outperform
In a decisive move by Exane BNP Paribas, Interpublic Group's stock (NYSE: IPG) has flipped from negative to positive as it was double-upgraded to Outperform from Underperform. The adjustment accompanies a bold price target of

Why is FuboTV Stock Price (NYSE: FUBO) Up 300% This Year?
After a 2024 that shareholders would want to forget, FuboTV's stock price (NYSE: FUBO) has rewarded bulls by more than tripling in value through 2025 so far. The turnaround could be more stark, with the more than 50% decline
