Apple stock rises as new macbook launch draws analyst support
Apple stock AAPL gained 1.66% on Thursday, outperforming broader US markets as investors assessed the company’s latest hardware announcements and analysts’ views on its growth prospects.The Nasdaq Composite fell 1.24%,…
Caterpillar stock sinks after earnings: here’s the case for buying
Caterpillar (CAT) shares opened notably lower on Thursday even though the industrial equipment giant reported better-than-expected earnings for its fiscal Q3.Investors wanted more confidence that Caterpillar Inc could sustain its…
DoorDash to acquire Instacart in $17B deal as it expands grocery delivery business
DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, marking its biggest acquisition as the food delivery company looks to expand its presence in the…
SK Hynix stock jumps as its revenue and profits soar: will these gains hold?
SK Hynix stock popped to its highest point since October after the company published strong financial results and boosted its payouts to investors. It jumped to 1.48 million won in…
Lloyds share price forms double-bottom ahead of UK budget, Q3 earnings
Lloyds Bank shares have stabilized this week as investors wait for its closely watched earnings report, which will shed light on its performance. It was trading at 102.60p on Wednesday,…
Here’s why Enphase Energy stock is plummeting after earnings and what next
Enphase Energy stock continued its sharp sell-off, hitting a record low of $25.80 after the company reported its financial results. It has now slumped by 60% from its peak last…
Here’s why Chinese EV stocks like Li Auto, XPeng, Polestar, and Nio are falling
Chinese EV stocks are in a strong freefall this year as demand among customers wanes and as the government stops prioritizing the industry. Nio stock has slumped to $3.29, down…
Why is AMD stock gaining 4% today?
AMD stock rose on Tuesday after the chipmaker announced a $1 billion investment in Meta’s equity offering alongside an expansion of their partnership to develop computing infrastructure for artificial intelligence…
SoFi’s earnings beat lifts stock, but should you buy the rally?
SoFi Technologies (SOFI) gave investors fresh reasons to reconsider the fintech stock on Tuesday, reporting better-than-expected Q3 earnings and raising its annual revenue guidance.The company posted per-share earnings of 18…
Why is Tesla stock gaining 5% today?
Tesla stock TSLA rose more than 5% on Monday after Barclays upgraded the electric vehicle maker, citing a potential merger with SpaceX and improving prospects for its automotive, energy storage,…