Why APLD Stock Is Rallying This Week
The shares of Applied Digital (APLD) advanced more than 7% this week after the firm disclosed that Australian bank Macquarie had agreed to invest as much as $5 billion in its ...
Author Archive - Larry Ramer
Why Life360 (LIF) Stock Is Advancing Today
Life360 (LIF) is jumping 7% after it was upgraded to Buy from Neutral by Swiss bank UBS today.
Why JD.com (JD) Stock Is Surging Today
Jefferies analyst Thomas Chong, who kept a Buy rating on JD.com, believes that the company was well-managed last quarter.
Why HOOD Is Rising Today
Robinhood (HOOD) stock is advancing 6% after Morgan Stanley identified it as a top pick.
Why NVO and LLY Are Dropping Today
Novo's Ozempic and Wegovy drugs have been selected for potential Medicare price negotiations, the Center for Medicare and Medicaid Services disclosed today.
Why SMTC Is Gaining Ground Today
Swiss bank UBS began coverage of SMTC with an $85 price target, versus the stock's current price of about $75, and a Buy rating today.
Why SMR and CCJ Are Advancing Today
NuScale Power (SMR) and Cameco (CCJ) are climbing 12% and 4%, respectively, today.
Why SLB Is Rising Today
SLB's revenue rose 3% versus the same period a year earlier to $9.28 billion. That was $100 million above analysts' average estimate.
Why RIVN Is Advancing Today
The shares of electric vehicle maker Rivian (RIVN) are climbing 5% today after the Biden administration finalized a huge loan to the automaker.
Why Intel (INTC) Stock Is Rallying Today
News website SemiAccurate today reported that "about two months ago" it "was read an email about a company trying to acquire (all of) Intel." The website indicated that this unnamed...
Why STNE Stock Is Falling Today
After Brazil's central bank increased its benchmark lending rate by one percentage point to 12.25% in December and indicated that the rate could jump to 14.25% this year, Schroden...
Why RIVN Stock Is Rising Today
The shares of EV maker Rivian (RIVN) are climbing 4% today.
Why TSM Stock Is Climbing Today
The company's Q4 sales jumped 37% versus the same period a year earlier to $26.88 billion. That was $890 million above analysts' average estimate.
Why TSLA and SNAP Are Retreating Today
Tesla (TSLA) and Snap (SNAP) are among today's losers, with TSLA sinking nearly 4% and Snap giving back almost 5%.
Why RCAT Stock Is Tumbling Today
According to Kerrisdale, RCAT tremendously exaggerated the value of its deal with the U.S. Army related to the military's short-range reconnaissance (SRR) drone.
Why BigBear.ai BBAI Stock Is Surging Today
Specifically, the firm disclosed that it had tapped Kevin McAleenan as its new CEO, effective yesterday.
Why Datadog (DDOG) Stock Is Losing Ground Today
Datadog Inc (DDOG) is sinking 4% this morning after Morgan Stanley downgraded the shares to Equal Weight from Overweight.
Why UnitedHealth (UNH) Stock Is Retreating This Morning
Health insurer UnitedHealth (UNH) is sinking 4% today after the company reported lower-than-expected fourth-quarter revenue this morning.
Why GS Is Rallying Today
Goldman Sachs (GS) is advancing today after the investment bank reported higher-than-expected fourth-quarter revenue and earnings per share, driven by the strength of its stock...
Why TSLA Is Climbing Today
In just roughly 24 hours, Tesla received 50,000 orders in China for its updated Model Y EV, according to Chinese bloggers who said that they had obtained the information from ...
Why SEMR Is Rallying Today
On Monday, Morgan Stanley raised its rating on the shares to Overweight.
Here’s Why HOOD Is Rallying for a Second Straight Day
Wealth management firm Bernstein yesterday picked Robinhood as its "best idea" in the digital assets category.
The News That’s Pushing Palladyne (PDYN) Stock Higher
Palladyne AI (PDYN) stock is jumping for a second straight day, advancing 8.5% this morning.
Why Plug Power (PLUG) Stock Is Rallying Today
Plug reported this morning that Allied Green had agreed to buy a huge three gigawatts of electrolyzers, which are used to make green hydrogen, from Plug.
Here’s Why SOFI Is Climbing for a Second Straight Day
Moreover, partly due to the favorable condition of the U.S.
Here’s Why Quantum Stocks, Including RGTI and IONQ, Are Surging Today
Microsoft is launching a "Quantum Ready program" that will help companies prepare to create, implement and utilize the technology.
Why GitLab (GTLB) and Axos (AX) Are Advancing Today
Needham noted that GitLab's fiscal Q3 revenue had come in 4.6% above the midpoint of the IT company's guidance range.
Why TGTX Stock Is Rallying Today
The company estimated today that its 2024 revenue from the MS treatment had come in at $310 million.
Why GME And BCE Are Slumping Today
According to multiple, recent reports, the video game retailer intends to close down over 100 stores in January. In 2024, GME reportedly shuttered over 200 locations.
Why BROS Stock Is Climbing Today
After meeting with Dutch Bros' management recently, Andrew Charles, an analyst at financial services firm TD Cowen, identified the name as one of his top picks.
Why SHAK Stock Is Dropping for a Second Straight Day
The shares of fast-casual restaurant owner Shake Shack (SHAK) are sinking for a second straight day, falling nearly 4%.
Why META and SNAP Are Losing Ground Today
The shares of social media companies Meta (META) and Snap (SNAP) are declining 2.5% and 6%, respectively today.
Why Eli Lilly (LLY) Stock Is Declining Today
Eli Lilly blamed the shortfall on lower-than-anticipated demand for its weight-loss drugs.
Why Xpeng (XPEV) Stock Is Rallying Today
Chinese electric vehicle maker Xpeng (XPEV) is climbing 9% in early trading after the automaker made a deal that will allow its customers to utilize the EV charging network of...
Why INSM Stock Is Advancing Today
Drug maker Insmed (INSM) is rising 6% today after it released on Friday afternoon its estimate of the revenue generated by its Arikayce drug in 2024.
Why Fertilizer Makers, Including NTR and CF, Are Climbing Today
Multiple fertilizer makers are climbing today after investment bank Piper Sandler upgraded several names in the space today.
Why EIX Stock Is Plunging Today
Edison International (EIX) stock is sinking 11% today following reports that wind speeds in the Los Angeles area are expected to accelerate in the coming days.
Why U.S. Steel (X) Stock Is Climbing Today
Cleveland Cliffs (CLF), another American steelmaker, is collaborating with its peer, Nucor (NUE), on a potential bid for U.S. Steel, CNBC reported today.
Why Quantum Computing Stocks, Including RGTI And QBTS, Are Plunging Again Today
Rigetti (RGTI) is dropping 23%, while IonQ (IONQ) is giving back 10% and D-Wave Quantum (QBTS), which disclosed today that it may sell more shares of its stock, is plunging nearly...
Why Nvidia (NVDA) Is Retreating Today
Nvidia (NVDA) stock is falling 3% today after the U.S. government unveiled new restrictions on the export of advanced chips known as graphics processing units (GPUs).
After Plunging Last Week, Mobileye (MBLY) Is Sinking Again Today
Last month, investment bank Needham kept a Buy rating on MBLY stock. Moreover, the bank maintained a $20 price target on the name.
Why UNH, CVS and HUM Are Advancing Today
The shares of UnitedHealth (UNH), CVS (CVS) and Humana (HUM) are climbing about 3.2%, 4% and 6%, respectively, today after the Biden administration on Friday proposed significantly...
Why DAR Stock Jumped on Friday
On Friday, the shares of Darling Ingredients (DAR) rallied 7.8% after the Biden administration unveiled guidance on a tax credit for Sustainable Aviation Fuel (SAF).
Why Pony AI (PONY) and FTAI Aviation (FTAI) Are Surging Even as NVDA Slumps 3%
Pony AI (PONY) and FTAI Aviation (FTAI) are among today's biggest winners, with Pony AI climbing 8% and FTAI rising 7%.
Why MBLY Is Down 30% Since Tuesday
After Mobileye at last year's CES announced multiple design wins, the company failed to announce any new deals at this year's conference.
Why EIX Stock Is Down 5% Today
California-based electric utility owner Edison International (EIX) is sinking 5% today after insurers asked its subsidiary, Southern California Edison, to retain evidence involving...
Why MCY Stock Is Crashing 20% Today
California-based property and casualty insurer Mercury General (MCY) is tumbling 20% today after the insurer warned that its losses from California's wildfires would "exceed its...
Palantir (PLTR) Retreats After Another Bearish Assessment Issued
Palantir (PLTR) stock is sliding for a fourth consecutive trading session, with the shares giving back about 4%, after yet another research firm poured cold water on the company...
Why Nvidia (NVDA), AMD (AMD) Are Pulling Back Today
Qualcomm CEO Cristiano Amon told Yahoo Finance that his company was seeking to begin marketing top-notch PC graphics chips.
Joby (JOBY), Archer (ACHR) Retreat After JPMorgan Downgrades Shares
The shares of electric vertical take-off and landing (eVTOL) aircraft firms Joby (JOBY) and Archer Aviation (ACHR) are sinking 5% and 10%, respectively, today after JPMorgan downgraded...
