US Stock News
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
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
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
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
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
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.
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
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
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.
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
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
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
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.
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
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
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.
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
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
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
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
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
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.
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