Stock market

Barclays: Q1 results good ’but could be the last carryover of 2024 momentum’
May 23, 2025 01:19 AM AEST| By InvestingInvesting.com -- In its U.S. equity insights note Thursday, Barclays (LON:BARC) said first-quarter 2025 earnings were “good (in some aspects very good)” across the S&P 500, but warned the performa

Kuo: OpenAI’s device prototype designed by Jony Ive is neck-worn, screenless
May 23, 2025 12:55 AM AEST| By InvestingInvesting.com -- Shares of Apple Inc (NASDAQ:AAPL) continued to dip Thursday following OpenAI’s $6.5 billion acquisition of io Products, a design startup led by former Apple designer Jony Ive. The m

Hims & Hers Health: Analysts remain bearish
May 23, 2025 12:53 AM AEST| By InvestingInvesting.com -- Analysts at Citi and Bank of America (NYSE:BAC) are maintaining a cautious stance on Hims&Hers Health as competition in the GLP-1 space intensifies and growth begins to moderate.

Citi shuffles MedTech stocks: BDX downgraded, ITGR raised; reiterates top pick
May 22, 2025 11:39 PM AEST| By InvestingInvesting.com -- Citi analysts revised their MedTech coverage following a volatile first quarter, with several rating changes and adjustments to target prices.

Nike to resume selling directly on Amazon, analysts react
May 22, 2025 11:39 PM AEST| By InvestingInvesting.com -- Nike will once again sell its products directly on Amazon (NASDAQ:AMZN), marking a return to the e-commerce platform after ending a previous partnership in 2019.

Geopolitical stakes rise as U.S. faces renewed risks with Iran, Russia - Citi
May 22, 2025 11:19 PM AEST| By InvestingInvesting.com -- Rising tensions between the United States and its geopolitical rivals are casting a long shadow over oil markets, Citi said in its latest Oil Monitor report, citing binary risks tied

Capital Economics lifts S&P 500 target, sees index rising to 7,000 by end of 2026
May 22, 2025 10:51 PM AEST| By InvestingInvesting.com -- In a note on Thursday, Capital Economics raised its forecast for the S&P 500, now projecting the index to reach 7,000 by the end of 2026, citing easing trade tensions and improved mar

TSX futures subdued after index inches back from record high
May 22, 2025 10:27 PM AEST| By InvestingInvesting.com - Futures tied to Canada’s main stock exchange ticked slightly higher on Thursday, after the index edged away from a recent record high in the prior session.

Solar stocks sink as House approves GOP tax bill ending incentives earlier
May 22, 2025 10:15 PM AEST| By InvestingInvesting.com - Shares in solar names fell in premarket U.S. trading on Thursday after U.S. House Republicans voted on a revamped version of a tax and spending bill that would cut into incentives for

Urban Outfitters shares rally sharply after Q1 results, JPMorgan upgrade
May 22, 2025 09:27 PM AEST| By InvestingInvesting.com -- Shares in Urban Outfitters (NASDAQ:URBN) surged more than 18% in U.S. premarket trading Thursday after the fashion conglomerate delivered strong first-quarter results, posting double-

Nvidia: KeyBanc sees modest upside given China AI chip ban
May 22, 2025 09:25 PM AEST| By InvestingInvesting.com -- Nvidia’s near-term upside may be more limited than in previous quarters due to the ongoing China AI chip ban and manufacturing constraints tied to its high-end GB200 systems, accord

Macquarie upgrades Xpeng stock to Outperform after positive Q1 print
May 22, 2025 09:05 PM AEST| By InvestingInvesting.com -- Macquarie has lifted its rating on Xpeng (HK:9868) (NYSE:XPEV) stock to Outperform, following a stronger-than-expected first-quarter print and a positive outlook for the rest of the y

Rio Tinto CEO Stausholm to depart this year, successor search underway
May 22, 2025 05:43 PM AEST| By InvestingInvesting.com -- Rio Tinto (NYSE:RIO) announced on Thursday that CEO Jakob Stausholm will step down later this year, with a formal process to find his successor already in progress.

Lenovo Q4 profit hit by higher costs, but revenue rises on AI-fueled demand
May 22, 2025 03:13 PM AEST| By InvestingInvesting.com-- Lenovo Group (HK:0992) clocked a weaker fourth-quarter profit on Thursday as it spent more on its artificial intelligence offerings and on fortifying its supply chains against global t

OpenAI aims to begin shipping AI devices by late-2026, Altman says- WSJ
May 22, 2025 02:19 PM AEST| By InvestingInvesting.com-- OpenAI CEO Sam Altman told employees that he plans to lead the company in shipping a planned AI device by at least end-2026, the Wall Street Journal reported on Wednesday.

Republican Congress committees call for FTC investigation of Google- Axios
May 22, 2025 12:17 PM AEST| By InvestingInvesting.com-- The Republican campaign committees for the House of Representatives and the Senate are calling on the Federal Trade Commission to investigate Alphabet Inc’s (NASDAQ:GOOGL) Google, Ax

US stock futures flat after rising yields spook Wall Street
May 22, 2025 11:53 AM AEST| By InvestingInvesting.com-- U.S. stock index futures moved little on Wednesday evening amid persistent concerns over high U.S. debt levels, with focus squarely on President Donald Trump’s tax cut bill, which in

Sanofi to acquire Vigil Neuroscience in Alzheimer’s drug play
May 22, 2025 10:41 AM AEST| By InvestingInvesting.com-- French pharmaceutical giant Sanofi SA (EPA:SASY) said on Wednesday it had entered an agreement to buy U.S.-listed biotech firm Vigil Neuroscience Inc (NASDAQ:VIGL), with focus chiefly

Lumen shares surge as AT&T inks $5.75B fiber network deal
May 22, 2025 07:33 AM AEST| By InvestingInvesting.com -- Shares of Lumen Technologies Inc (NYSE:LUMN) rose 15.5% on Wednesday after AT&T Inc (NYSE:T) announced a $5.75 billion acquisition of a significant portion of Lumen’s Mass Markets f

UnitedHealth, Humana, CVS drop on expanded Medicare Advantage audits
May 22, 2025 07:31 AM AEST| By InvestingInvesting.com -- Shares of major health insurers UnitedHealth (NYSE:UNH), Humana (NYSE:HUM), and CVS (NYSE:CVS) fell sharply today, with UnitedHealth down 4%, Humana declining 5%, and CVS dropping 4%

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