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FDA Approves Phase 3 Trial for Durect’s Larsucosterol

In a significant development for Durect Corporation (NASDAQ: DRRX), the U.S. Food and Drug Administration (FDA) has approved the company’s plan for a pivotal Phase 3 trial to test larsucosterol, a promising treatment for seve

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Sodexo Planning Aramak Acquisition?

Sodexo's shares (EPA: SW) have taken a pullback today, as the French food services and facilities management giant is contemplating the acquisition of its US-based counterpart, Aramark (NYSE: ARMK). According to sources, disc

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Meta’s Stock Price (NASDAQ: META) Hits Record High As Bullish Sentiment Continues

Meta Platforms' stock (META) has gained 90% over the past 12 months, as the social media giant hit an all-time peak of $576.88. This remarkable rise captures investor confidence following a series of positive reports and stra

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Alibaba Moving Big In Pre-Market, 52 Week Highs On Open?

Alibaba's stock (NYSE: BABA) is a notable pre-market mover, pushing the price above $101, and indicating a 52 week high by the time the New York Stock Exchange opens. Mark

Alibaba
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Nu Holdings Stock Price (NYSE: NU) Testing $15 After Impressive Run

Brazil-based Nu Holdings' stock (NYSE: NU) is moving up in the pre-market, gaining 1.35% and threatening the $15 level. The firm which is commonly recognised through its parent company Nubank stands out as a fast-growing fina

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Xcel Energy Stock Raised By Morgan Stanley

Morgan Stanley has adjusted its financial projections for Xcel Energy's stock price (NASDAQ: XEL), elevating its target from $68 to $73 while maintaining an Equal Weight rating on the company.

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SAP Shares Bounce Back From DOJ Price-Fixing Probe

SAP's share price (SAP) has had a whipsaw couple of days after the prominent German software company intially faced a downturn after a Bloomberg report revealed that the U.S. Department of Justice (DOJ) is investigating alleg

SAP Office
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Flutter Entertainment Stock Pops On $5bn Buyback News

Flutter Entertainment PLC (LON: FLTR), a leading global sports betting and gaming operator, saw its stock price jump by over 8% on Wednesday following a significant announcement. During its investor day, the company revealed

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Cellebrite’s Stock Target Pushed to Street High $23

In a significant revision, Craig-Hallum analyst Jeff Van Rhee has raised the price target of Cellebrite's stock (NASDAQ: CLBT) from $20 to $23 while maintaining a "Buy" rating.

Nasdaq
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Riot Platforms Stock Initiated With Bullish Price Target

Riot Platforms' stock (NASDAQ: RIOT) gained new analyst coverage in the guise of Macquarie, who put RIOT straight in with a $15 price target, and an Outperform rating. With shares currently changing hands for $7.45 in the pre

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Tesla’s Stock Target Uplifted at Piper Sandler

Piper Sandler analysts have recently updated their view on Tesla's stock (NASDAQ:TSLA), signalling greater confidence in the electric vehicle (EV) manufacturer's gr

Tesla car
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CleanSpark Stock (CLSK) Gains Bullish Analyst Initiation

In a notable development within the financial markets, Macquarie has issued a new coverage on CleanSpark (NASDAQ: CLSK), assigning it an Outperform rating with a promising price target of $20. This represents a significant ge

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Antero Midstream Stock (NYSE:AM) Hits 52 Wk Highs Before Taking a Pause

Antero Midstream's stock (NYSE: AM) has achieved a significant milestone as its price hit a new 52-week high during early trading on Tuesday before settling the day mildly down. The shares of the energy company soared to $15.

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Snowflake In $2B Convertible Notes Move

Snowflake Inc. (NYSE: SNOW), the cloud-based data-warehousing company, has announced plans to offer $2 billion in convertible notes. This strategic financial move has been classified as a move from a position of financial str

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Orange Set To Delist from NYSE in Cost Cutting Exercise

French telecommunications giant Orange has announced its intention to delist its American Depositary Shares from the New York Stock Exchange (NYSE). This strategic move is

Asktraders News Team
MicroStrategy Continues To Add Bitcoin – Stock Price Pushes $150

MicroStrategy is making headlines yet again for its continuous investment in Bitcoin. The firm has recently confirmed the acquisition of an additional 7,420 bitcoins at an approximate cost of $458.2 million.

Microstrategy office
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Alibaba Stock Price Hits New High – Moving Again In PreMarket

Monday marked a significant milestone for Alibaba Group (NYSE:BABA), as the company's share price soared to a new 52-week high, reaching $91.15. This impressive peak comes with a strong trading volume of 17.53million shares a

alibaba offices
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Microsoft Secures Nuclear Energy for AI

In a move to secure clean energy for its vast computing operations, Microsoft Corporation (NASDAQ: MSFT) has entered into a 20-year power purchase agreement with Co

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American Express Stock Target Uplifted to $280 by BofA

Bank of America (BofA) has revised its price target for American Express (NYSE: AXP) upward from $264 to $280, maintaining a Neutral rating on the company's shares. The ad

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What To Expect From Micron’s Earnings (NASDAQ: MU)

Investors seeking opportunities in the technology sector might want to pay closer attention to Micron Technology (NASDAQ: MU). This company, known for manufacturing and marketing memory and storage solutions, has been showing

Micron Technology
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Palantir Shifted to Market Perform As Stock Dips Pre-Market

Fresh off recent highs for Palantir's stock (NYSE:PLTR), Raymond James has downgraded PLTR to "Market Perform" from its previous "Outperform" rating. Analyst Brian Gesuale highlighted that although the firm still holds an opt

Handel mit der Palantir Technologies Aktie
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General Motors Stock Outpaces S&P 500 and Looks Set To Challenge 52 Wk Highs

General Motors Company (GM), a stalwart of the automotive industry headquartered in Detroit, Michigan, has been drawing attention for its impressive performance in the stock market.

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Meta’s Stock Price Threatening ATH’s in Early Trading

Meta's stock price (NASDAQ:META) has continued to set new highs, with the latest milestone during Friday's trading session hitting a peak level of $564.50. With gai

Meta Platforms Office
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