US Stock News
US Market Roundup, PreMarket Movers, & Earnings Today
US markets were split yesterday, as the return came for the tech sector to prop up markets after Monday's pullback in notable mega cap tech names. The S&P 500 Index saw a modest gain, marking an upward trajectory by +0.19
MicroStrategy Stock Given Buy Rating As Maxim Initiates Coverage – Likes Bitcoin and AI Strategy
MicroStrategy stock (NASDAQ: MSTR) was a big gainer yesterday, as the mini sell off on Bitcoin subsided. Up 9% on the day was well received by holders, and an initiation of coverage from Maxim is also bullish.
Nike (NYSE: NKE) Earnings Preview – Tough Quarter Amid Rising Competition. TD Cohen Lowers Price Target
Nike stock (NYSE: NKE) took a dip in yesterday's session, losing 2.5% in anticipation of what is potentially a tough upcoming earnings announcement tomorrow (27th). Markets are bracing for a challenging quarterly report as th
Volkswagen Shares Dip On Deal – Rivian Stock (NASDAQ: RIVN) Leading PreMarket Gainer
Shares of Volkswagen AG (ETR: VOW3), Europe's largest carmaker, are down 2.5% in early trading following the announcement of a sizable investment in electric vehicle (EV) company Rivian. The decline in share price reflects in
Down 17% in 1 Month, Snowflake Stock (NYSE: SNOW) is Under Pressure. Price Targets Still Leave Plenty Of Upside Potential
Snowflake stock (NYSE: SNOW) has been coming under increasing pressure in recent months, with the most recent accounting for a 17% drop in share price. The leading cloud-based data warehousing company has experienced a signif
FedEx Stock (NYSE: FDX) Posts A Big Out Of Hours Gain As Strong Earnings Beat Boosts Sentiment
FedEx stock price (NYSE: FDX) witnessed a surge of 15% in extended hours trading, buoyed by the company's report of robust earnings for the fourth quarter. On top of the earnings beat, FedEx provided a positive outlook for fi
Doordash, Deliveroo Takeover Talks End on Valuation Disagreement, According to Report
Doordash (NASDAQ: DASH) reportedly showed interest in acquiring Deliveroo (LON: ROO) last month, according to Reuters (citing sources), but discussions ended due to disagreements on valuation.
AST SpaceMobile Welcomes AT&T’s Chris Sambar
AST SpaceMobile (NASDAQ: ASTS), a pioneer in space-based cellular broadband technologies, has announced a strategic addition to its Board of Directors—Chris Sambar, AT&T's Head of Network. As of June 20, Sambar will fill
Holders Of Boeing Stock (NYSE: BA) To Face Further Turbulence
With 2024 having given Boeing stock holders (NYSE:BA) plenty to consider, the company is standing at a crossroads with several key catalysts poised to potentially reshape the aerospace giant's future. With a 28.86% loss in sh
Birkenstock Stock (NYSE: BIRK) A Pre-Market Mover On Shareholder Sale News
Iconic footwear company Birkenstock stock price (NYSE: BIRK) look set to open almost 5% down, as a sell off in the pre-marke
Nvidia Stock (NVDA) Back Above $120 In Pre-Market Trading
After briefly taking the reigns as the number 1 company in the world by market cap, Nvidia stock price (NASDAQ: NVDA) has taken a dip to retest it's pre-split
Netflix Stock Up 42% YTD – Will Free Subscription Tier Be The Next Catalyst?
Netflix stock price (NASDAQ: NFLX), has been on quite the rally in 2024. Gaining 42% on a YTD basis, and more than 250% in 2 years highlights the shift in sentiment behind the streaming giant. The advent of an ad tier, and gr
Trump Media Stock (NASDAQ: DJT) A Big Premarket Gainer As Volume Spikes
DJT stock (NASDAQ: DJT) was one of the big gainers during yesterday's session, with the price increasing 21.19% by the close of regular trading. At one point through the day, Trump Media's share price had added more than 30%,
Up 35% In 1 Month, Applied Digital Stocks (NASDAQ: APLD) Gets Big Upgrade
The stock price of Applied Digital has bounced notably today, as a price target upgrade comes in on the back of a recent inclusion in a hot AI infrastructure list. Applied Digital stocks (NASDAQ: APLD) saw its price target no
Goldman Sachs Neutral on PayPal; Cautious on Competition
Goldman Sachs (NYSE: GS) has resumed its coverage of PayPal stock (NASDAQ: PYPL), setting a neutral rating with a price target of $69, which suggests
Is Google’s Stock (NASDAQ: GOOG) Undervaluing Their AI Position?
Alphabet stock (NASDAQ: GOOG) holds weight in the portfolios of many savvy investors, and for good reason. With a market cap of $2.2 trillion, there is almost 50% in gains for GOOG to catch up to
Tesla Readies for Robotaxi Revolution – Shares Up Premarket
Tesla stock price (NASDAQ: TSLA) is up 0.45% in the premarket session today, as markets get ready for a new week.
Adobe Stock (NASDAQ: ADBE) Touted as AI Outperformer
Mizuho Securities has cast Adobe stock (NASDAQ: ADBE) in a favourable light, pointing to the company's Artificial Intelligence (AI) capabilities as a major factor for future growth.
ResMed Stock Falls on Competitor’s Trial Results
Shares of ResMed Inc. (AU:RMD) (NYSE:RMD), a leading manufacturer of medical devices for sleep apnea and other chronic diseases, have dropped nearly 13% following a key development from its competitor. Eli Lilly & Co. (NY
BYD Stock An EV Gainer Through 2024 – Who Is Trimming Here?
BYD stock has had an upwards 2024, as so many of it's EV industry fall by the wayside. With the bankruptcy filings of Fisker barely inked, and
Kroger Outperforms in Q1, Stock (NYSE: KR) Rising In Premarket
The Kroger Co. (NYSE:KR), one of the largest grocery retailers, shared its first-quarter results, surpassing analysts’ earnings expectations. As the company was busy delivering strong financial numbers, KR share price has add
UK Regulators Scrutinise HPE-Juniper Deal
The UK's Competition and Markets Authority (CMA) has initiated an in-depth investigation into the proposed acquisition of Juniper Networks (NYSE: JNPR) by Hewlett Packard Enterprise (NYSE:HPE).
PayPal Appoints Srini Venkatesan as New CTO
In a strategic move to reinforce its technology leadership, PayPal Holdings, Inc. has announced the appointment of Srini Venkatesan as its new Chief Technology Officer (CTO), effective from June 24. Srini Venkatesan joins Pay