Apple Inc (NASDAQ:AAPL) is nearing the launch of a budget smartphone by 2025 to regain market share lost to Huawei Technologies Co and Xiaomi Corp (OTC:XIACF) (OTC:XIACY). Apple iPhone’s market share in China slipped to 14%, down from third to sixth place in the second quarter. Huawei bagged the fourth position, and Xiaomi came fifth. Vivo emerged as the […]
This HP Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Avi Kapoor | September 27, 2024
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Wolfe Research analyst Andy Chen downgraded the rating for Celldex Therapeutics, Inc. (NASDAQ:CLDX) from Outperform to Peer Perform. Celldex Therapeutics shares fell 8.7% to close […]
Chewy Stock Is Sliding After Hours: What’s Going On?
Adam Eckert | September 19, 2024
Chewy Inc (NYSE:CHWY) shares are trading lower in Thursday’s after-hours session after the company announced a public offering by a selling stockholder and a concurrent share repurchase. What Happened: After the market close, Chewy announced an underwritten offering of $500 million of its common stock by Buddy Chester Sub LLC, which is an entity affiliated with funds […]
Boeing’s Stock Falls As 33,000 Aircraft Assembly Workers Strike
Erica Kollmann | September 13, 2024
Boeing Company (NYSE:BA) shares are trading lower Friday after 33,000 Boeing factory workers went on strike just after midnight. The Details: Aircraft assembly workers walked off the job early Friday morning after rejecting a contract offer presented by Boeing and the International Association of Machinists and Aerospace Workers (IAM) that would have increased wages by […]
Domino’s Pizza To $510? Here Are 10 Top Analyst Forecasts For Wednesday
Avi Kapoor | September 11, 2024
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Ascendiant Capital raised the price target for Atossa Therapeutics, Inc. (NASDAQ:ATOS) from $6.25 to $6.5. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Atossa […]
Here Are 5 Stock Picks for August from Wall Street’s Most Accurate Analysts
Avi Kapoor | September 9, 2024
U.S. stocks settled lower on Friday, with the S&P 500 logging its worst week since March 2023. The S&P 500 fell 1.73% to 5,408.42 during the session. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when […]
Blackstone Makes Largest Asia Pacific Investment: Details
Lekha Gupta | September 4, 2024
Blackstone Inc. (NYSE:BX) shares are trading slightly lower premarket Wednesday. Blackstone and CPP Investments are set to acquire AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board for over A$24 billion. AirTrunk is one of the largest data center platforms in Asia Pacific and has over 800MW of committed capacity and land for […]
Nasdaq Dips Over 2%; US Construction Spending Falls In July
Avi Kapoor | September 3, 2024
U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 1% on Tuesday. The Dow traded down 0.94% to 41,173.76 while the NASDAQ fell 2.22% to 17,320.89. The S&P 500 also fell, dropping, 1.28% to 5,575.91. Check This Out: Dow Hits Record High, S&P 500 Gains For 4th Consecutive Month: Fear […]
Top 3 Tech Stocks You’ll Regret Missing This Month
Avi Kapoor | August 29, 2024
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared t o a stock’s price action, it can give traders […]
Power-Hungry AI Revives Interest In Nuclear Energy
Natan Ponieman | August 27, 2024
A decommissioned nuclear power plant in Michigan is being brought back to life. Pushed by a growing need for carbon-free energy, the Palisades nuclear power plant will be the first in the U.S. to be recommissioned after shutting down. The Palisades plant was built in the late 1960s and began running in 1973. It was […]