PepsiCo stock slips after second downgrade as North America business struggles
PepsiCo shares PEP fell on Tuesday after JPMorgan became the second major bank this week to downgrade the food and beverage giant, citing a stalled turnaround in its North American…
AMD stock rises as analysts back $8.2B World Labs AI deal
Advanced Micro Devices (AMD) stock gained on Tuesday after the chipmaker announced an $8.2 billion all-stock deal to acquire World Labs, an artificial intelligence startup focused on spatial intelligence and…
Why are Micron, SK Hynix, and SanDisk stocks gaining on Tuesday?
Shares of memory-chip makers Micron Technology, SK Hynix and SanDisk rose on Tuesday as optimism around artificial intelligence spending outweighed pressure from elevated oil prices and government bond yields.The gains…
Strategy (MSTR) stock falls even as company adds 1,665 BTC
Strategy stock (formerly known as MicroStrategy) MSTR fell 0.75% on Monday after the Bitcoin treasury company disclosed another purchase of 1,665 BTC for approximately $142.7 million.According to a Form 8-K…
Meta just triggered a crash in MongoDB stock
MongoDB (MDB) stock has come under immense pressure on September 28 after Meta Platforms (META) poached the company’s chief executive, Chirantan “CJ” Desai.Desai stepped down from his role at MongoDB…
Why are Intel and AMD stocks falling on Monday?
Intel and AMD stocks fell sharply on Monday as rising oil prices and Treasury yields put pressure on broader markets, with chip and AI-related shares bearing the brunt of the…
Why is Microsoft stock rallying 4% today?
Microsoft (MSFT) stock rallied about 4% on Friday after the software giant unveiled a major expansion of its Copilot AI assistant, adding coding capabilities, autonomous AI agents, and direct access…
Nike stock still hasn’t bottomed, analyst warns
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform.In her research note, Hutchinson lowered her…
Why the biggest earnings beats are becoming the worst trades on Wall Street
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…
Why the biggest earnings beats are becoming the worst trades on Wall Street
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…