Why BP Is Rallying Today
Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake in the firm.
Author Archive - Larry Ramer
Why United States Steel (X) Is Advancing Today
United States Steel (X) is climbing 4% today after President Donald Trump stated that Nippon Steel would invest in the company but not acquire it.
Why NXP Semiconductors (NXPI) Is Climbing Today
However, Mizuho did lower its price target on NXPI, which reported its Q4 results on Monday, to $240 from $260.
Why Kyndryl (KD) Is Climbing Today
The shares of Kyndryl (KD) are advancing 6% after Scotiabank increased its price target on the tech name to $45 from $35.
Why Tempus AI (TEM) Is Jumping Today
Noting that Ambry is a profitable testing laboratory that generates more than $300 million of revenue annually, the investment bank thinks that the deal will enable TEM to start...
Why GSK Stock Is Surging Today
The revenue of the company's oncology treatments soared 98% last year, while the sales of its specialty medicines, including its respiratory and immunology treatments, jumped ...
Why SNAP Stock Is Sinking
Snap (SNAP) is retreating nearly 7% after the company provided first-quarter adjusted profit guidance that was well below analysts' average estimate.
Why Novo Nordisk (NVO) Is Climbing Today
Danish weight-loss drug maker Novo Nordisk (NVO) is jumping 5% after the company reported higher-than-expected net income for the fourth quarter.
Why Johnson Controls (JCI) Stock Is Surging
The company develops building products and systems, including heating, ventilating, and air conditioning.
Why Alphabet (GOOG) Stock Is Slumping Today
Alphabet (GOOG,GOOGL) stock is tumbling 7% this morning.
Why Treace Medical Concepts (TMCI) Is Rallying Today
Treace provides technology that facilitates Lapiplasty bunion surgery and related midfoot deformities.
Why AMZN Is Advancing Today
The bank predicts that Amazon generated Q4 operating profit of $19.7 billion, well above analysts' average estimate of $18.9 billion.
Why Uber (UBER) Stock Is Climbing Today
The investment bank expects Uber to benefit significantly from its alliance with Alphabet's (GOOG,GOOGL) Waymo.
Why Merck (MRK) Is Plunging Today
MRK provided 2025 adjusted EPS guidance of $8.88 to $9.03, while the giant drugmaker expects sales of $64.1 billion to $65.6 billion.
Why Plug Power (PLUG) Stock Is Advancing Today
Plug Power (PLUG) stock is climbing 8% after a federal judge extended the scope of a temporary restraining order against the Trump administration's plan to freeze grants and loans...
Why BlackBerry (BB) Stock Is Jumping Today
BB agreed in December to sell Cylance to IT security start-up Arctic Wolf.
Why PayPal (PYPL) Stock Is Sinking Today
PayPal (PYPL) is slumping 10% after the fintech firm reported stronger-than-expected fourth-quarter revenue and profit but a few of its other key Q4 metrics disappointed the Street...
Why Spotify (SPOT) Stock Is Rallying Today
Spotify (SPOT) stock is advancing 10% after the company reported higher-than-expected revenue for the fourth quarter and predicted that its premium user base would come in above...
Why PTC Therapeutics (PTCT) Stock Is Rallying Today
PTC Therapeutics (PTCT) is advancing 8% after investment bank Cantor Fitzgerald' hiked its price target on the drug maker's shares to $113 from $76.
Why Talen Energy (TLN) Is Advancing Today
After Talen agreed to provide power to Amazon's (AMZN) AWS unit via its Susquehanna nuclear plant, the bank estimates that the deal will lift TLN's annual EBITDA by $110 million...
Why Park Hotels & Resorts (PK) Is Sinking Today
UBS noted that Hawaii accounts for 32% of PK's EBITDA, and the bank does not expect the state's tourism sector to recover in 2025.
Why AAPL Is Sliding Today
Reporting that "most iPhone models can now be manufactured in India," Bank of America believes that 80% of all iPhones sold in the U.S. can be made outside of China.
Why Xpeng (XPEV) Stock Is Advancing Today
Chinese electric vehicle maker Xpeng (XPEV) is climbing 5.5% today and reached a 52-week high of $16.06 despite the stock market's decline. On Jan.
Why IDXX Is Soaring Today
Pet healthcare firm Idexx (IDXX) is jumping 10% after delivering better-than-expected fourth-quarter financial results.
Why Stratasys (SSYS) Is Rallying Today
3D-printing products maker Stratasys (SSYS) is jumping 15% today after Fortissimo Capital bought a large amount of SSYS stock and the tech company issued a positive preannouncement...
Why PLBY Is Rallying Today
PLBY Group (PLBY) is jumping 20% today after the company announced that it was converting 25% of its preferred shares to common stock.
Why OXY and MGY Are Retreating Today
Goldman cut its rating on OXY to Sell from Neutral. The bank noted that oil prices have been stable recently.
Why Pharvaris (PHVS) Is Advancing Today
Pharvaris (PHVS) is climbing 3% after investment bank JMP Securities raised its price target on the shares to $55, based on its optimism about the company's prophylactic treatment...
Why Carvana (CVNA) Is Climbing Today
Asserting that the company's balance sheet is strong, Gupta believes that its unique emphasis on online sales has enabled it to stand out among its peers, while boosting its top...
Why AST SpaceMobile (ASTS) Is Rallying Today
AST SpaceMobile (ASTS) is jumping 15% after the company disclosed that the Federal Communications Commission had given the company permission to test the ability of its satellites...
Why Deckers Outdoor (DECK) Is Sinking Today
Deckers Outdoor (DECK) is tumbling 16% after the company provided weaker-than-expected full-year revenue guidance and noted that it was facing multiple, upcoming challenges.
Why ABBV Is Rallying Today
AbbVie (ABBV), a large drug maker, is jumping 8% after the company provided significantly higher-than-expected 2025 earnings per share guidance this morning.
Why WBA Is Plunging Today
WBA disclosed yesterday after the market closed that it would stop paying its quarterly cash dividend. The company has provided a dividend for over 90 years.
Why Alumis (ALMS) Stock Is Advancing Today
Due to concerns about Alumis' cash reserves and competition, ALMS is changing hands for slightly above the value of its cash reserves, Oppenheimer analyst Jeff Jones reported.
Why KIND Is Climbing Today
Nextdoor (KIND) is jumping 7.5% after investment bank Craig-Hallum started coverage of the shares with a Buy rating today.
Why DOW Is Slumping Today
Chemical maker Dow (DOW) is retreating 6% after the company reported weaker-than-expected fourth-quarter financial results and disclosed that it would lay off about 1,500 of its...
Why NXT Is Jumping for a Second Straight Day
Nextracker (NXT) is climbing for a second straight day after reporting much better-than-expected fiscal third-quarter results on Tuesday after the market closed.
Why Comcast (CMCSA) Stock Is Tumbling Today
In broadband internet, the company's customer base declined by 139,000 to 31.8M, while its video business' net drop of 311,000 caused its subscriber total to sink to 12.1 million...
Why HOOD Is Climbing Today
The survey results suggested that the number of those looking for more information on the company's Gold subscriber offering has increased, while there is significant demand for...
Why TSLA Is Rising Today
Tesla (TSLA) is advancing 3% in early trading after the automaker reported weaker-than-expected fourth-quarter results but disclosed that it would launch an "unsupervised Full...
Why IBM Is Rallying Today
IBM (IBM) is jumping 10% after the company reported higher-than-expected fourth-quarter earnings per share and provided 2025 free cash flow guidance that also surpassed analysts...
Why RIVN Is Losing Ground Today
Bernstein believes that the automaker can achieve its goal of handing over 500,000 EVs by 2030, but the wealth manager does not believe that RIVN's attainment of this milestone...
Why DDOG Is Slumping Today
Stifel expects DDOG's challenges to hinder its revenue growth and profit margins this year.
Why MRNA Stock Is Retreating
The latest guidance reduction was the second time in the last six months that the firm has revised its forecast in a negative direction, according to Goldman analyst Salveen Richter...
Why NVDA Is Sinking Today
Nvidia (NVDA) is falling 4% after Alibaba (BABA) reported today that its new AI model performs better than DeepSeek's offering.
Why DJT Is Rising Today
Trump Media & Technology (DJT) is rallying 8% after the company announced that it had adopted a "financial services and (fintech) strategy." As part of the latter undertaking, ...
Why ASML Is Advancing Today
Netherlands-based ASML (ASML), which markets equipment used to make computer chips, is climbing 5% today.
Why SBUX Is Climbing Today
Starbucks (SBUX) is advancing 5% after the company reported stronger-than-expected fiscal first-quarter financial results yesterday after the market closed.
Why RDDT Is Rising for a Second Straight Day
Reddit (RDDT) is climbing 2% this morning after rallying nearly 8% yesterday.
