RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210.The Wall Street…
Stock
166 posts
USA Rare Earth secures up to $1.6B CHIPS funding for US expansion
USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development…
DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
Software stocks are staging a strong comeback after a bruising selloff earlier this year, as investors increasingly bet that artificial intelligence will become a growth catalyst for the industry rather…
As Anthropic, SpaceX, OpenAI IPO hype builds, markets face liquidity questions
The season of the mega IPOs is gathering momentum.Just days before SpaceX is expected to begin trading publicly, Anthropic, the artificial intelligence company behind Claude, confidentially filed for an initial…
Dow slips 45 points as Alphabet tumbles, AI stocks keep rally alive
US stocks opened lower on Tuesday as investors assessed fresh record highs on Wall Street, monitored developments in US-Iran negotiations, and reacted to major announcements from technology companies tied to…
Planet Labs stock price surge put to the test as earnings loom
Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last…
Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus
Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector.Market sentiment was boosted by Alphabet’s plans to…
Alphabet stock drops as $80B AI fundraising plan shakes Wall Street
Alphabet shares (GOOGL) fell in trading after the Google parent unveiled plans to raise $80 billion through a massive equity offering, underscoring the growing financial demands of the artificial intelligence…
CoreWeave stock jumps after major Nvidia Rubin news: what next?
CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared…
MGM stock jumps 14% as Barry Diller tables $18B offer
MGM Resorts International shares jumped on Monday after Barry Diller’s People Inc. submitted a proposal to acquire the casino operator in a deal that values the company at approximately $18…