Why GE Stock Is Rallying Today
Plane engine maker GE Aerospace (GE) is advancing 10% in early trading after the company reported stronger-than-expected fourth-quarter results today.
Author Archive - Larry Ramer
Why EIX Sank Yesterday
British bank Barclays cut its price target on California-based electric utility owner Edison International (EIX) today.
Why Seagate (STX) Stock Is Rallying Today
The company generated earnings per share, excluding certain items, of $2.03, way above analysts' average estimate of $1.88.
Why IBKR Is Advancing Today
The shares of trading platform Interactive Brokers (IBKR) are jumping 8.5% after the company reported very strong fourth-quarter results that were well above analysts' average...
Why MSFT Stock Is Climbing Today
Microsoft (MSFT) stock is advancing 4% after the tech conglomerate was named as a "tech partner" in the new Stargate AI venture.
Why Ford (F) Is Sinking Today
Among the factors expected to weigh on Ford's earnings going forward are the use of inventories by its customers and price declines, according to Barclays.
Why Comerica (CMA) Is Retreating Today
The bank stated that its revenue had climbed 5% versus the same period a year earlier to $825 million.
Why Drug Developers That Utilize AI, Including SDGR and RXRX, Are Jumping
Pharmaceutical firms that specialize in utilizing AI to speed up the drug discovery process are soaring today.
Why Ally Financial (ALLY) Is Rallying Today
Ally Financial Inc. (NYSE:ALLY) stock is jumping 7% today after the company reported significantly higher-than-expected fourth-quarter earnings per share.
Why Electrical Equipment Makers, Including POWL and GEV, Are Climbing
Multiple electrical equipment makers are advancing significantly today after it was reported that three major companies will invest up to $500 billion in AI infrastructure in ...
Why RDDT Stock Is Climbing Today
Other factors that may be boosting RDDT today are President Donald Trump's decision to eliminate regulations on AI and rumors about the potential acquisition of TikTok's U.S.
Why OKLO Stock Is Surging Again Today
Oklo (OKLO) stock is rallying for a second straight trading day, climbing 18% in afternoon trading today.
Why ROKU Stock Is Rallying Today
Roku (ROKU) is climbing 7% in early trading after investment bank Benchmark identified it as a top pick and another investment bank, JMP Securities, initiated coverage of it with...
Why AAPL Stock Is Retreating Today
Apple (AAPL) stock is sinking 4% after a research firm reported yesterday that sales of the company's iPhones in China had plunged last quarter.
Why Sweetgreen (SG) Stock is Falling Today
Sweetgreen (SG) is sinking 6.6% today after Morgan Stanley analyst Brian Harbour significantly reduced his price target on SG stock.
Why TSLA Is Losing Ground Today
Trump stated yesterday that he would eliminate a rule issued by the Biden administration that sought to mandate that two-thirds of new vehicles sold in the U.S.
Why Moderna (MRNA) Stock Is Advancing Today
mRNA vaccine developer Moderna (MRNA) is climbing nearly 5% in early trading today after it was awarded about $590 million by the U.S.
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 ...
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.
