US Stock News
Super Micro Stock Bounces (SMCI) as Firm Moves to Fend Off Delisting
Super Micro Computer (SMCI) has revealed a proactive step it is taking in the face of potentially severe consequences on the stock market. The company is preparing to file a plan with the
What To Expect From Nvidia Earnings (NVDA)
Nvidia (NASDAQ: NVDA), a titan in the world of AI chips and data center solutions, is poised to deliver its Q3 earnings report tomorrow. The company is expected to announce an 84.4% earnings growth of $0.75 per share, signifi
Hims & Hers Stock Tumbles Amid Amazon Telehealth Push
Hims & Hers Health stock (NYSE: HIMS), a company known for its direct-to-consumer telehealth and wellness offerings, plummeted 26.68% last week. This significant drop occurred in the wake of tech and e-commerce behemoth A
EU Hits Meta with $840 Million Antitrust Fine
The European Union has issued a significant financial penalty to Meta, the parent company of Facebook, amounting to $840 million. The fine was imposed for Meta's non-compliance with the EU's strict antitrust laws pertaining t
Cisco Targets $70 Price with Strategic Growth and Acquisitions
Argus Research has issued a buy recommendation on Cisco Systems, Inc. (NASDAQ: CSCO) with a 12-month price target of $70. This forecast suggests a significant potential upside from its recent close at $57.92. This optimism st
Markets Looking To Bounce Back From Downward Week
U.S. indices are indicating an upwards start to the week, after experiencing a significant pullback to end the past week. The S&P 500 Index (INDEXSP: .INX) closed Friday with a 1.32% decline, down 2.30% on the week, as th
Taiwan Semi To Receive $1 Billion CHIPS Act Funding By Year-End (NYSE: TSM)
In a landmark move for the semiconductor industry and U.S. technological advancement, the White House has confirmed the finalization of a significant $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. (TSM
Applied Materials Stock (AMAT) Drops in Pre-Market as Outlook Disappoints
Applied Materials stock (NASDAQ: AMAT) is a big downside mover in the pre-market session, losing 8.39% on the back of recent earnings. The leading supplier of equipment, se
FTC Set to Probe Microsoft’s Cloud Practices
Microsoft's stock (NASDAQ: MSFT) was a rare gainer on the Nasdaq yesterday, adding 0.40% as the index fell by 0.66%, but the news on the day was not all positive.
Apple in £3 Billion U.K. iCloud Lawsuit
Apple Inc. is embroiled in a legal battle in the United Kingdom as it faces a lawsuit amounting to £3 billion ($3.78 billion) over claims of anti-competitive practices linked to its iCloud services. A U.K. consumer rights gro
Tapestry and Capri Holdings Scrap $8.5 Billion Merger – TPR Stock Bounces on News
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, have mutually decided to terminate their pr
Tech Industry Braces for Policy Shifts as Trump Returns
With President-elect Donald Trump poised to re-enter the White House, the United States' technology sector is on the edge of significant change. Industry leaders across the board, including influential figures like Elon Musk
AO Smith Stock Price (NYSE: AOS) Hits New 52 Wk Low
In a recent turn of events that has market watchers and investors talking, A.O. Smith Corporation (NYSE: AOS), a major player in the water heating and treatment industry, saw its shares plummet to a 52-week low, registering a
AMD Up In PreMarket, as Firm Cuts Workforce Amid AI Shift
AMD's stock price (NASDAQ:AMD) has fallen 15.71% in the last month of trading, as markets have broadly taken off in a bullish direction, leaving questions to be answered.
Meta Gears Up For In-App Ads and Defends in Antitrust Case
Meta Platforms (NASDAQ: META), formerly known as Facebook, is taking significant strides in both expanding its revenue streams and defending its business practices on the legal stage. Two major developments are at the forefro
Cisco Stock Falls on Earnings Despite Mild Beat (CSCO)
Cisco's stock (NASDAQ: CSCO) is trading down in the pre-market, dropping 4.21% after coming off multi year highs, as earnings failed to get the bulls moving. In Cisco's fi
Buffett’s Berkshire Continues Selling Spree
Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has been a dominant force in the investment world for decades, but recent trends show a striking pattern of stock sell-offs by the conglomerate.
Why is Rivian Up Today?
Rivian's stock price (NASDAQ: RIVN) has gained 20% in trading today, having retested the $13 level. But what is behind the sudden shift in momentum? In a strategic move und
Spotify Posts Record Growth in Q3 2024 – New High Looms After PreMarket Gains
Spotify's stock (NYSE: SPOT) is a notable gainer in the pre-market session, adding 8.73% after the firm reported massive strides in user growth and financial strength for the third quarter of 2024. With an indicative opening
Cava Group Stock Set To Open At New Highs As Outlook Improves
Cava Group's stock (NYSE: CAVA) is a notable pre-market mover, up 16% at new highs of $168.50 as earnings came in strong. The Mediterranean-inspired restaurant chain significantly uplifted its sales outlook, sending positive
Crypto Miners Miss On Revenue as BTC Bull Run Pauses For Breath (WULF, MARA, HIVE)
Despite an increase in revenue, three major publicly listed Bitcoin mining companies on Wall Street reported net losses in their third-quarter outcomes, highlighting the challenging environment even for top players in the cry
Flutter Shares Continue Setting Highs After Stellar Q3 Results
Flutter Entertainment shares (LON: FLTR) have continued to attract the bulls, as the premier gaming and betting company, witnessed its stock price hit another all-time high after outperforming in the third quarter. Flutter sh
MAGS ETF Hits New 52 Week High as Market Cap Grows
The world of exchange-traded funds (ETFs) continues to gain traction with traders and investors alike, and innovators such as Roundhill,