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Indian Indices Pull Back Slightly After Posting Strong First Half of FY25
The Indian stock market has begun the second half of the fiscal year in negative territory, with the Nifty 50 index down 2.15%, and the Sensex 2.17% in the red throug
Joby Aviation Stock (JOBY) Soars on Capital Infusion, Analysts Views Mixed
Joby Aviation, a pioneer in the air mobility sector, saw its stock price (NYSE: JOBY) rise an impressive 27.92% to $6.14, reflecting a bullish response from markets to new financial developments. Such was the rise of JOBY's s
Nvidia’s Blackwell Sales Get Vote Of Confidence From JP Morgan
As the pre-market session progresses, shares of Nvidia Corporation (NASDAQ: NVDA) are trading with a bullish sentiment, evidenced by a 0.85% increase in stock price
Alibaba Stock Buyback Gathers Pace, $22BN Still On Deck
Alibaba stock (NYSE:BABA) has been on a rally, with gains of 54.16% on a YTD being driven in part by an acceleration that has gripped Chinese stocks since the news of stimulus incoming from the world's second largest economy.
Tesco Shares Rise After Full-Year Profit Guidance Increase
Tesco (LON: TSCO) shares gained almost 2% in early Thursday trading after the supermarket giant raised its full-year profit f
Super Micro’s Stock Price (NASDAQ: SMCI) Eyes Post-Split Recovery
Super Micro Computer Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server technology and innovation, recently underwent a significant change in its stock structure. The company announced a 10-for-1
M&T Bank Receives Outperform Rating From Evercore ISI
In a notable shift in investment outlook, Evercore ISI has upgraded M&T Bank's (NYSE: MTB) status from In Line to Outperform, setting a new price target of $210. This reflects a positive adjustment in the bank's projected
Stifel Raises Parker-Hannifin (PH) Price Target to $691
In a recent note, Stifel has upgraded its price target for Parker-Hannifin stock (NYSE: PH) from $633 to $691, while maintaining a 'Buy' rating on the company's shares. This update reflects S
KOSPI Falls Amid Middle East Tensions
South Korea's main stock index, the KOSPI, faced a decline of 1.22% in trading today amid escalating tensions in the Middle East following Iran's launch of ballistic missiles toward Israel, inciting fears of a possible full-s
Citi Analysts Revises Apple iPhone Sales Forecasts
In a recent financial assessment, Citi analyst Atif Malik has amended the firm’s previous estimates for Apple's (NASDAQ:AAPL) iPhone sales. The updated forecast now anticipates a reduction in the sales numbers for the iPhone
ServiceNow (NYSE:NOW) Price Target Upgraded, But Firm Remains Bearish
In a recent assessment by Guggenheim, the financial firm revised its price target on ServiceNow (NYSE: NOW) from $640 to $716. With the current price action on the stock taking place around $867, this upgraded price target re
Nike’s Earnings Come In Short, Guidance Withdrawn
Nike’s quarterly earnings failed to set markets alight, as revenue took a hit, dropping to $11.59 billion—a drop that was even steeper than the 10% decline analysts had been bracing for, with the consensus of $11.65 billion h
China’s E-Commerce Stocks Set for Valuation Surge?
The e-commerce landscape in China is on the precipice of a significant change. A combination of policy support and rising market enthusiasm is setting the stage for a re-evaluation of the industry's worth.
Melrose Industries (LON: MRO) Buyback Aims To Deliver Value As Share Price Falters
Melrose Industries shares (LON: MRO) have given holders a rather rough ride in 2024, with a dip of 18.35% YTD significantly underperforming the broader market. In an attempt to deliver shareholder value, the prominent UK base
BAE Systems Unveils RAD510â„¢ SDU for Space Missions
BAE Systems (LON: BA) has announced the availability of its RAD510â„¢ software development unit (SDU) for the space community, marking a significant step in the transition to its next-generation RAD510 single-board computer (SB
US Markets Drop On Big News Day – Dock Strike Weighs on Trade
The US stock market ended Tuesday on a bearish note as major indexes including the Dow Jones, S&P 500, and Nasdaq plummeted as various news stories made their mark on sentiment. Tensions raised significantly in the Middle
JD Sports Share Price Drops Despite Earnings Beat
JD Sports Fashion (LON: JD.) shares dropped by 5% on Wednesday despite the company reporting strong interim results. [stock_market_widget type="chart" template="line" color="#
MusicMagpie Shares Surge as AO World Agrees to Acquire Business
Shares in MusicMagpie (LON: MMAG) surged by more than 55% Wednesday after the company announced it had agreed to be acquired by AO World (LON: AO.), a leading online retailer of electrical goods.
Nio and Monolith Join Forces for AI-Powered EV Battery Testing
Nio (NYSE: NIO), a promising player in the electric vehicle (EV) arena, is undertaking a sig
Japanese Stocks Surge Amid Economic Optimism
Asian markets presented a mixed landscape on Tuesday. While some indices wavered, Japan's Nikkei 225 index displayed a strong rebound, climbing 1.93% to close at 38,651.97 points, rallying from the substantial losses incurred