Why Eli Lilly (LLY) Stock Is Declining Today
Eli Lilly blamed the shortfall on lower-than-anticipated demand for its weight-loss drugs.
Author Archive - Larry Ramer
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...
Quantum Computing Stocks, Including IonQ (IONQ) and D-Wave (QBTS), Are Volatile and Mixed
Quantum computing stocks are moving between gains and losses today after they tumbled on Wednesday due to negative comments about the sector by Nvidia's (NVDA) CEO, Jensen Huang...
Why Constellation Energy (CEG) and Walgreens (WBA) Are Rallying Today
Constellation, which generates electricity from multiple sources, including nuclear reactors, disclosed that it had agreed to acquire Calpine in a $26.6 billion deal.
Why One Analyst Believes that Tesla (TSLA) Stock Is “Really Expensive”
Calling the recent decline by Tesla (TSLA) stock "overdue," Nixon Peabody analyst Daniel Kern said on Schwab TV today that the shares have an "'I want to believe' kind of valuation...
Palo Alto (PANW) Gets Downgraded, Flutter (FLUT) Cuts Its Guidance
Deutsche Bank lowered its rating today on Palo Alto Networks (PANW), one of investors' favorite names in the IT security sector, while FanDuel owner Flutter (FLUT) cut its guidance...
Analyst: Apple’s (AAPL) Valuation Is “Ridiculously Stretched”
After downgrading Apple (AAPL) stock to Sell from Neutral yesterday, MoffettNathanson Co-Founder and Senior Analyst Craig Moffett told CNBC that he had made the move due to concerns...
Goldman Sachs Is Bullish on China’s Stimulus Efforts
The strategist is optimistic about the Chinese government's ability to effectively stimulate the country's economy.
Analyst: Expectations for Nvidia (NVDA) CEO’s Speech Were “Very High”
There were "very high expectations" for a speech yesterday by Nvidia (NVDA) CEO, Jensen Huang at the CES tech conference, Morgan Stanley's semiconductor analyst, Joseph Moore...
Two Analysts Battle Over Palantir (PLTR) Stock
The analyst is upbeat about the outlook of the company's growth in the coming years and its ability to increase its margins during that period.
AMD (AMD), Edison International (EIX) Are Among Today’s Big Losers
HSBC, a UK-based bank, downgraded AMD to Reduce from Buy. AMD's share of the AI chip market will be lower than HSBC estimated previously, the bank explained.
Sana Biotechnology (SANA), eBay (EBAY) Are Among Today’s Big Winners
Sana Biotechnology (SANA) and eBay (EBAY) are two of the stocks rallying this morning despite the market's losses.
Quantum Computing Stocks Plunge on Nvidia (NVDA) CEO’s Comments
Speaking at Nvidia's Analyst Day, Huang suggested that quantum computers may not make meaningful contributions for 15 years.
Tesla (TSLA) Stock Slides on New Probe, Downgrade
Tesla (TSLA) stock is retreating 4% today after the federal government announced a new probe of the firm.
Palantir (PLTR) Stock Falls for Second Day on Negative News
Palantir Technologies (PLTR) stock is retreating for a second straight day today, with the shares sinking 6% this afternoon.
Why Innoviz (INVZ), Xpeng (XPEV) Are Rallying Today
Innoviz Technologies (INVZ) and Xpeng (XPEV) are advancing 25% and 6.5%, respectively, today.
Why Vaccine Stocks, Lucid (LCID) Are Rallying
The Louisiana Department of Health noted yesterday that a 65-year-old hospital patient had died due to bird flu.
Micron (MU) Stock Jumps for Second Day After Nvidia (NVDA) Mention
Micron Technologies (MU) is climbing for a second straight day after Nvidia (NVDA) noted that it was using MU's chips in its new products.
Lucid (LCID), Plug Power (PLUG) Are Among Today’s Winners
Lucid is advancing after reporting much higher-than-expected fourth-quarter deliveries this morning.
Palantir (PLTR) Stock Dips on Bearish Analyst Note
Singh noted that the company had become "a top partner" when it comes to fast AI projects, and he also credited Palntir with "strong execution and momentum." But the analyst believes...
Fubo (FUBO), BlackBerry (BB) Climb on Deal News
Fubo (FUBO) is soaring nearly 200% today, while BlackBerry (BB) is climbing 8%.
QuantumScape (QS), GM (GM) Climb on Strong EV Data
EV battery maker QuantumScape (QS) and General Motors (GM) are advancing 11% and 4%, respectively, after a research firm estimated on Friday that U.S.
Chipmakers Taiwan Semi (TSM), Micron (MU) Gain After Foxconn Reports Strong Results
Chipmakers Taiwan Semi (TSM) and Micron (MU) are advancing 4% and 9%, respectively, today after electronics maker Foxconn reported slightly stronger-than-expected fourth-quarter...
Hydrogen Stocks, Including Plug Power (PLUG), FuelCell (FCEL), Advance After Tax Credit Criteria Eased
Bloom Energy (BE), Plug Power (PLUG), FuelCell Energy (FCEL), and Nikola (NKLA) are among the hydrogen stocks rallying today.
Carvana (CVNA) Sinks for Second Day on Negative Report
According to Hindenburg, which has established a short position in CVNA stock, the retailer utilizes overly lenient underwriting standards for the loans with which it provides...
Cerence (CRNC), Oklo (OKLO) Are Among Today’s Big Winners
The company disclosed that it had agreed to widen its existing deal with Nvidia (NVDA).
Block (SQ) Stock Climbs on Bank’s Upgrade
Block (NYSE:SQ) stock is advancing 5% after investment bank Raymond James upgraded its rating on the shares to Outperform from Market Perform in a note to investors earlier today...
Rivian (RIVN) Surges on Deliveries Beat, Positive News on Production Outlook
Rivian (RIVN) stock is rallying 19% this morning after the electric-vehicle maker reported that its fourth-quarter deliveries had exceeded the Street's average estimate.
Nio (NIO), Constellation (CEG) Advance Despite the Market’s Retreat
Chinese electric vehicle maker Nio (NYSE:NIO) and electricity generator Constellation Energy (NASDAQ:CEG) are defying the sudden, downward trend of stocks this afternoon.
SoFi (SOFI), H.B. Fuller (FUL) Retreat on Negative Developments
SoFi (NASDAQ:SOFI) and H.B. Fuller (NYSE:FUL) are among today's prominent losers in the stock market. SoFi is a fintech firm that also provides loans while H.B.
Synaptics (SYNA), BlackBerry (BB) Are Among Today’s Winners
Synaptics (SYNA) and BlackBerry (BB) are both rising significantly today.
Tesla (TSLA) Stock Sinks on Q4 Deliveries Miss
Tesla's (NASDAQ:TSLA) shares are sliding 6% this morning after the electric-vehicle maker reported lower-than-expected fourth-quarter deliveries. But defending the name on weakness...
Why Unity Software (U) and Rigetti (RGTI) Are Surging Today
Unity is climbing 13% after Roaring Kitty, who has inspired multiple meme-stock rallies through his social media contributions, included a depiction of musician Rick James in ...
Is Billion Dollar Hedge Fund Voss Capital Crazy About Alta Equipment Group (ALTG)?
We recently published a list of 7 Stocks Billion Dollar Hedge Fund Voss Capital Is Crazy About.
