Stock market

Wolfspeed cut by JPMorgan and Citi. ’faces significant financial challenges
May 09, 2025 10:57 PM AEST| By InvestingInvesting.com -- Wolfspeed was downgraded by both JPMorgan (NYSE:JPM) and Citi to Underweight/Sell in notes Friday, citing worsening demand, macro uncertainty, and financial stress that now includes c

BP shares climb after FT reports of several rivals exploring a takeover
May 09, 2025 06:57 PM AEST| By InvestingInvesting.com -- BP (NYSE:BP) shares moved slightly higher on Friday following a Financial Times (FT) report that several major energy companies have evaluated a potential takeover of the U.K.-listed

U.S. weighs slashing China tariffs to 50% - NYP
May 09, 2025 06:51 AM AEST| By InvestingInvesting.com -- The Trump administration is considering lowering the tariffs on China to 50% from 145% as soon as next week, as the two sides are set to meet for the first time for formal talks, the

Groupon bull who saw his shares triple says he’s not selling
May 09, 2025 06:23 AM AEST| By InvestingShares of Groupon Inc (NASDAQ:GRPN) are trading sharply higher on Thursday, up as much as 37%, after the company reported upbeat first quarter results.

Trump says ’buy stocks now’ after signing trade deal
May 09, 2025 05:35 AM AEST| By InvestingInvesting.com -- During today’s press briefing announcing the signing of the first trade deal with the United Kingdom (TADAWUL:4280), U.S. President Donald Trump told listeners they should buy stock

Analysts turn more cautious on Coty Inc.
May 09, 2025 02:19 AM AEST| By InvestingInvesting.com -- Coty Inc. has been downgraded by analysts at Deutsche Bank (ETR:DBKGn) and Canaccord Genuity this week, with the firm’s flagging weakening fundamentals and mounting uncertainties fo

Root shares surge as Q1 earnings and revenue top estimates
May 08, 2025 11:39 PM AEST| By InvestingInvesting.com - Root Inc (NASDAQ:ROOT) reported first-quarter 2025 results that exceeded analyst expectations, driving shares up 7% in pre-open trading Thursday. The auto insurance technology company

Peloton shares fall as earnings miss outweighs revenue beat
May 08, 2025 10:09 PM AEST| By InvestingPeloton Interactive Inc (NASDAQ:PTON). shares dropped 5.4% premarket on Thursday after the connected fitness company reported mixed fiscal third-quarter results.

Kenvue’s Q2 earnings, revenue beat expectations
May 08, 2025 10:01 PM AEST| By InvestingInvesting.com -- Kenvue Inc. reported second-quarter earnings that surpassed analyst estimates, while updating its full-year 2025 guidance to account for tariffs and currency headwinds.

Crocs pulls guidance amid tariff uncertainty, Q1 earnings beat
May 08, 2025 09:55 PM AEST| By InvestingInvesting.com -- Crocs Inc (NASDAQ:CROX) reported better-than-expected first quarter earnings and revenue on Wednesday, but withdrew its full-year 2025 guidance due to macroeconomic uncertainties rela

Restaurant Brands shares fall as Q1 results miss estimates
May 08, 2025 09:41 PM AEST| By InvestingInvesting.com -- Restaurant Brands International Inc. reported first-quarter results that fell short of analyst expectations, sending shares down 2% in early trading on Wednesday.

BofA sees muted market response to Fed, slight shift toward dovish tone
May 08, 2025 09:39 PM AEST| By InvestingInvesting.com -- A day after the Federal Reserve’s May meeting of the Federal Open Market Committee (FOMC), BofA analysts observed a muted market reaction, though it leaned slightly dovish.

Wedbush lowers Uber rating to Neutral on lack of clear near-term catalysts
May 08, 2025 09:19 PM AEST| By InvestingInvesting.com -- Wedbush analysts downgraded Uber Technologies (NYSE:UBER) stock to Neutral from Outperform following the ride-hailing giant’s first-quarter report.

Charles River to initiate a review amid Elliott stake - Is a sale next?
May 08, 2025 06:39 AM AEST| By Investing
Discover Financial Services lowered to Hold at Jefferies
May 08, 2025 02:21 AM AEST| By InvestingInvesting.com -- Jefferies downgraded Discover Financial Services (NYSE:DFS) to Hold from Buy, citing the imminent close of its acquisition by Capital One (NYSE:COF) on May 18.

Albertsons upgraded: Analyst sees investors seeking cheap, defensive stocks in H2
May 08, 2025 01:29 AM AEST| By InvestingInvesting.com -- BMO Capital upgraded Albertsons (NYSE:ACI) to Outperform and raised its price target to $25 a share, citing the potential for investors to rotate into “cheap, defensive stocks” in

Electronic Arts raised by HSBC after strong quarter, MoffettNathanson cuts rating
May 08, 2025 12:51 AM AEST| By InvestingInvesting.com -- Electronic Arts received mixed reactions from Wall Street following its fiscal fourth-quarter earnings, with HSBC upgrading the stock to Buy while MoffettNathanson downgraded it to Ne

How large could the compute demand for GenAI inference become? UBS discusses
May 08, 2025 12:25 AM AEST| By InvestingInvesting.com -- Despite investor concerns about tariffs and AI infrastructure overspending, UBS sees generative AI (genAI) inference compute demand poised to expand dramatically across sectors.

Walt Disney shares gain 8% as earnings, outlook beat estimates
May 08, 2025 12:25 AM AEST| By InvestingInvesting.com - Walt Disney (NYSE:DIS) has reported profit and revenue in its fiscal second quarter that topped estimates, while the entertainment giant annual forecast also beat projections despite l

Cantor downgrades Marvell Technology: Potential catalysts ’few and far between’
May 07, 2025 11:27 PM AEST| By InvestingInvesting.com -- Cantor Fitzgerald downgraded Marvell (NASDAQ:MRVL) Technology to Neutral from Overweight in a note Wednesday, citing growing concerns over the company’s future custom silicon busine

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