Stock market

Palantir’s Karp declares "We’re on fire," touts AI momentum and defense wins
May 06, 2025 09:05 AM AEST| By InvestingInvesting.com -- Palantir Technologies Inc (NASDAQ:PLTR) CEO Alex Karp struck a confident and combative tone on the company’s first-quarter earnings call Monday, celebrating a surge in U.S. growth a

Simpson Oil slams Parkland Board for “clinging to control” after $9.1B Sunoco deal
May 06, 2025 09:01 AM AEST| By InvestingInvesting.com -- Simpson Oil launched a scathing rebuke of Parkland Fuel Corporation’s (TSX:PKI) board on Friday, accusing directors of delaying a shareholder vote in a bid to push through a $9.1 bi

Bloom Energy upgraded, Mizuho sees upside ahead
May 06, 2025 04:35 AM AEST| By InvestingInvesting.com -- Mizuho upgraded Bloom Energy (NYSE:BE) to Outperform on Monday, citing strong risk/reward dynamics and growing demand for alternatives to conventional power sources.

Block downgraded as analyst sees potential for further consumer softness
May 06, 2025 01:47 AM AEST| By InvestingInvesting.com -- Macquarie downgraded Block Inc. to Neutral from Outperform on Monday, warning that continued weakness in consumer spending could weigh on growth in the near term.

eToro IPO to raise up to $500 million for company, holders
May 06, 2025 01:33 AM AEST| By InvestingInvesting.com -- Online broker eToro said Monday it plans to offer 10 million shares between $46-$50 per share in its upcoming IPO, raising as much as $500 million. The company will be selling half th

Sunoco to acquire Parkland for $9.1 billion in cross-border energy tie-up
May 06, 2025 01:29 AM AEST| By InvestingInvesting.com -- Sunoco LP (NYSE:SUN) announced it will acquire Parkland Fuel Corporation (TSX:PKI) in a cash-and-equity deal valued at approximately $9.1 billion, including debt, marking one of the l

JPMorgan upgrades Wendy’s to Overweight amid a ’fresh look at the equity story’
May 06, 2025 12:09 AM AEST| By InvestingInvesting.com -- JPMorgan (NYSE:JPM) lifted its rating on The Wendy’s (NASDAQ:WEN) Company to Overweight from Neutral, driven by a more constructive long-term view on the fast-food chain’s cash fl

3G Capital to acquire Skechers USA, stock surges
May 06, 2025 12:07 AM AEST| By InvestingInvesting.com -- Skechers USA shares jumped more than 26% on Monday after the footwear giant announced it will be acquired by 3G Capital for $63 per share.

BlackRock stays overweight U.S. stocks as the AI theme rolls on
May 05, 2025 11:57 PM AEST| By InvestingInvesting.com -- BlackRock is maintaining its overweight position on U.S. equities, citing continued momentum in artificial intelligence despite mounting trade tensions and expectations for a supply-d

Berkshire shares fall 2% after Warren Buffett’s decision to step down
May 05, 2025 11:15 PM AEST| By InvestingInvesting.com -- Berkshire Hathaway B (NYSE:BRKb) shares opened Monday premarket trading 2% lower as investors reacted to Warren Buffett’s Saturday announcement to step down as CEO at the end of 202

Tyson Foods stock falls as revenue misses estimates
May 05, 2025 10:29 PM AEST| By InvestingInvesting.com -- Tyson Foods, Inc. reported mixed second-quarter results on Monday, with earnings beating expectations but revenue falling short of analyst estimates. The stock dropped 3.9% following

It’s time to revisit the AI trade, says Wells Fargo’s Harvey
May 05, 2025 09:57 PM AEST| By InvestingInvesting.com -- After a pullback in artificial intelligence stocks this year, Wells Fargo’s Christopher Harvey said Monday that it may be time for investors to reenter the trade.

Netflix, media stocks fall as Trump targets foreign films with 100% tariff
May 05, 2025 09:23 PM AEST| By InvestingInvesting.com -- Media and entertainment stocks slid premarket on Monday after President Donald Trump announced plans to impose a 100% tariff on movies produced outside the United States, escalating h

European airline stocks climb as oil price dip helps ease fuel cost worries
May 05, 2025 07:35 PM AEST| By InvestingInvesting.com - Shares in European airlines rose on Monday following a drop in oil prices sparked by the OPEC+ producer group signaling over the weekend that it will further increase output in the com

Albanese-Trump Call Sparks Trade Hopes Amid ASX200 Optimism
May 05, 2025 01:36 PM AEST| By Team Kalkine MediaHighlights,Albanese speaks with Trump after election win,Trade talks and AUKUS partnership discussed,Positive momentum observed in ASX200 backdrop,In a significant post-election development, Australian Prime Minister Anthony Albanese held a “very war...

5 big analyst AI moves: Apple downgraded, Nvidia gets a Sell rating, TSMC top pick
May 04, 2025 08:30 AM AEST| By InvestingInvesting.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

End of an Era: Buffett to step down as Berkshire CEO
May 04, 2025 05:19 AM AEST| By InvestingInvesting.com -- Legendary investor Warren Buffett announced Saturday that he will step down as the CEO of Berkshire Hathaway (NYSE:BRKa) after six decades at the helm. He will be leaving the long-hel

Buffett’s Berkshire sells more stocks, cash pile swells to record $347.7 billion
May 03, 2025 11:17 PM AEST| By InvestingThis article first appeared in Investing.com

TSX closes positive on calming trade tensions, strong U.S. jobs report
May 03, 2025 07:41 AM AEST| By InvestingThis article first appeared in Investing.com

Novo Nordisk shares jump as FDA accepts oral Wegovy application
May 03, 2025 06:11 AM AEST| By InvestingInvesting.com -- Novo Nordisk (NYSE:NVO) shares climbed 5.4% Friday after the U.S. Food and Drug Administration accepted the company’s New Drug Application for an oral version of Wegovy. If approved

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