Skip to content
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

Intel
Asktraders News Team
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

Eli Lilly Aktie kaufen oder nicht?
Asktraders News Team
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.

Asktraders News Team
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

apple logo
Asktraders News Team
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

mastercard
Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Lululemon Athletica Logo
Asktraders News Team
Nvidia Expands AI Operations with New Headquarters in Taipei

Nvidia Corporation (NASDAQ: NVDA) is bolstering its presence in the artif

nvidia top earnings report
Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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)

Reinvent Technology Partners (NYSE: RTP)
Asktraders News Team
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

Tesla Logo
Asktraders News Team
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

Instacart logo
Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

S&P 500
Asktraders News Team
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

Asktraders News Team
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

stock to buy malaysia disney
Asktraders News Team
Analysis Stocks Markets Strategies