Stock market

Honeywell rises as BofA upgrades stock to Buy on a return to positive revisions
May 07, 2025 11:21 PM AEST| By InvestingInvesting.com -- Bank of America (NYSE:BAC) (BofA) has upgraded Honeywell (NASDAQ:HON) to Buy from Neutral and raised its price objective on the stock to $250 from $210, citing a return to stable or p

Payoneer stock tumbles: Guidance withdrawn as macroeconomic uncertainty weighs
May 07, 2025 11:01 PM AEST| By InvestingInvesting.com -- Payoneer Global Inc. shares tumbled 9.5% after the financial technology company reported first-quarter earnings that missed analyst expectations and suspended its full-year 2025 guida

Disney earnings, outlook beat estimates despite worries over economic uncertainty
May 07, 2025 10:05 PM 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

AMD raised to Buy: BofA says company has ’multiple growth cylinders’
May 07, 2025 09:49 PM AEST| By InvestingInvesting.com -- Bank of America upgraded Advanced Micro Devices (NASDAQ:AMD) to Buy from Neutral, citing a “compelling” risk-reward profile and potential for 20%+ top-line growth in the next two

EU targets Boeing with potential tariffs amid stalled U.S. talks- FT
May 07, 2025 09:09 PM AEST| By InvestingInvesting.com -- Brussels is preparing to propose tariffs on Boeing (NYSE:BA) aircraft as part of a broader response plan if ongoing trade talks with Washington fail to yield progress, the Financial T

Marvell stock falls on postponed Investor Day
May 07, 2025 07:21 AM AEST| By InvestingInvesting.com -- Shares of Marvell Technology (NASDAQ:MRVL) fell 6.5% following the company’s announcement that it would postpone its Investor Day, initially scheduled for June 10, 2025, to a date i

NVIDIA’s Huang said not competing in China AI market would be ’tremendous loss’
May 07, 2025 06:53 AM AEST| By InvestingInvesting.com -- NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang said Tuesday the Chinese AI market is going to be worth $50 billion in a couple of years, and not being able to compete is a "tremend

IBM CEO sees AI reshaping workforce and enterprise strategy
May 07, 2025 06:31 AM AEST| By InvestingInvesting.com -- International Business Machines (NYSE:IBM) CEO Arvind (NSE:ARVN) Krishna said this week that artificial intelligence has already replaced several hundred jobs in human resources at th

US Treasury sells $42B 10-year notes at lower-than-expected yield
May 07, 2025 04:01 AM AEST| By InvestingInvesting.com -- The U.S. government sold $42 billion of 10-year Treasuries on Tuesday at a lower-than-expected yield as solid international appetite for the U.S. benchmark note offset a slip in deman

Trump hints at major positive announcement ahead of Middle East trip
May 07, 2025 03:23 AM AEST| By InvestingInvesting.com -- Ahead of his visit to the Middle East, President Trump has hinted at an upcoming significant announcement. He made this statement during a bilateral meeting with Canada’s Prime Mini

CFRA: Cigna Group ’faces industry-wide cost pressures’
May 07, 2025 01:21 AM AEST| By InvestingInvesting.com -- Cigna Group is contending with elevated industry-wide medical costs that are expected to weigh on its Healthcare segment in 2025, according to CFRA, which downgraded the stock to Hold

Paul Tudor Jones predicts new stock market lows despite potential tariff reduction
May 07, 2025 12:53 AM AEST| By InvestingInvesting.com -- Billionaire investor Paul Tudor Jones anticipates that even if President Donald Trump reduces China tariffs by 50%, the stock market could still reach new lows. Jones, the founder of

Coinbase downgraded as Q1 ’likely to be light’ says Monness, Crespi, Hardt
May 07, 2025 12:49 AM AEST| By InvestingInvesting.com -- Coinbase shares may face near-term pressure according to Monness, Crespi, Hardt analysts.

Analyst shares key points from call with creator of Tesla’s FSD tracker
May 07, 2025 12:30 AM AEST| By InvestingInvesting.com -- Tesla’s full self-driving (FSD) capabilities remain a core driver of Piper Sandler’s price target of $400, and interest in the technology has intensified as the company prepares f

HF Foods Group unveils e-commerce platform, rebrands with new logo
May 07, 2025 12:19 AM AEST| By InvestingInvesting.com -- HF Foods Group Inc (NASDAQ:HFFG), a leading provider of international foodservice solutions to Asian restaurants and other businesses in the United States, has launched a new e-commer

Analysts weigh in on ServiceNow investor day
May 06, 2025 11:33 PM AEST| By InvestingInvesting.com -- ServiceNow’s (NYSE:NOW) 2025 Investor Day reinforced confidence in its long-term growth trajectory, with Wall Street analysts highlighting strong execution, expanding addressable ma

Datadog raises full-year guidance, lifting shares
May 06, 2025 10:07 PM AEST| By InvestingInvesting.com - Datadog (NASDAQ:DDOG) has lifted its annual forecast for earnings and revenue, although the cloud monitoring platform’s guidance was still below Wall Street expectations.

Tesla’s Germany sales drop by half in April as electric vehicle market grows
May 06, 2025 09:17 PM AEST| By InvestingInvesting.com -- Tesla Inc (NASDAQ:TSLA) saw a significant drop in its sales volume in Germany in April, according to data released by the German road traffic agency, KBA.

Tesla U.K. car sales plunge amid rising EV competition
May 06, 2025 07:55 PM AEST| By InvestingInvesting.com -- In April, Tesla (NASDAQ:TSLA)’s new car sales in the United Kingdom (TADAWUL:4280) dropped by 62% year-on-year, hitting their lowest point in over two years, according to data relea
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Southern Cross Media Sells TV Assets to Seven West Media: Strategic Shift in Focus
May 06, 2025 09:31 AM AEST| By Team Kalkine MediaHighlights:,Southern Cross Media (ASX:SXL) is finalizing a deal to sell its television assets to Seven West Media (ASX:SWM).,The transaction includes assets in multiple Australian regions and will be completed by June 30, 2025.,The proceeds will be u...

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