Stock market

SpringWorks Therapeutics springs higher as Merck KGaA takeover said close
April 25, 2025 06:15 AM AEST| By InvestingInvesting.com -- Shares of SpringWorks Therapeutics Inc (NASDAQ:SWTX) surged higher Thursday afternoon on reports that a potential takeover of the company by Germany’s Merck KGaA (ETR:MRCG) is getti

Uber gains on deal with VW for autonomous vehicles
April 25, 2025 04:29 AM AEST| By InvestingInvesting.com -- Uber shares rose more than 4% on Wednesday after the company announced a long-term partnership with Volkswagen (ETR:VOWG_p) to deploy fully autonomous vehicles on its platform in the

Monness Crespi Hardt downgrades Western Union
April 25, 2025 04:21 AM AEST| By InvestingInvesting.com -- Monness Crespi Hardt downgraded Western Union (NYSE:WU) to "Sell" from "Neutral" and set a price target of $7.50, citing weakening trends in North America and structural concerns arou

Apple to boost iPhone production in India by 10% this year
April 25, 2025 03:53 AM AEST| By InvestingInvesting.com -- Apple Inc (NASDAQ:AAPL) plans to increase iPhone production in India by around 10% in 2025, The Information reported citing a person involved in the company’s supply chain.

Andlauer Healthcare stock soars on UPS acquisition deal
April 25, 2025 02:59 AM AEST| By InvestingInvesting.com -- Shares of Andlauer Healthcare Gr (TSX:AND) surged 27.4% following the announcement that United Parcel Service Inc (NYSE:UPS) has entered into a definitive agreement to acquire the Can

JP Morgan downgrades Orion amid economic uncertainty
April 25, 2025 02:41 AM AEST| By InvestingInvesting.com -- JP Morgan downgraded Orion to “Neutral” from “Overweight” and cut its price target to $12 from $18 given the reduced prospects for valuation multiple expansion amid economic u

B. Riley downgrades ON Semi to Neutral, slashes target by $32 on macro risk
April 25, 2025 01:57 AM AEST| By InvestingInvesting.com -- B. Riley downgraded ON Semiconductor (NASDAQ:ON) to “Neutral” from “Buy” and cut its price target to $41 from $73 saying there is a reduced visibility into a sustained revenue

Autodesk shares gain following deal with activist Starboard
April 25, 2025 01:09 AM AEST| By InvestingInvesting.com -- Shares of Autodesk gained 2.5% on Thursday after the company and activist investor Starboard Value reached a deal to place two new independent directors on the board. Starboard had in

JPM upgrades Cadence, sees over 20% upside amid strong chip design trends
April 25, 2025 12:19 AM AEST| By InvestingInvesting.com -- JP Morgan upgraded Cadence Design (NASDAQ:CDNS) Systems to "Overweight" from "Neutral" amid the recent stock underperformance. It notes a rising demand for chip design tools that posi

DA Davidson lifts Utz Brands to Buy, cuts Mondelez International to Neutral
April 25, 2025 12:13 AM AEST| By InvestingInvesting.com -- DA Davidson upgraded Utz Brands to Buy from Neutral while downgrading Mondelez (NASDAQ:MDLZ) International to Neutral from Buy in separate notes Thursday.

Livium (ASX:LVM) Secures Landmark $5M+ Recycling Deal to Accelerate Growth
April 24, 2025 10:58 AM AEST| By Team Kalkine MediaHighlights,Livium,inks record-breaking $5M+ recycling agreement,Revenue from new deal to,comprise,45% of FY24 earnings,Partnership marks milestone for,Envirostream’s,national growth,Livium Ltd (ASX:LVM) has taken a significant leap forward in its gro...
ASX200 Outlook: Can the Resource Sector and Global Shifts Trigger a Market Upswing?
April 24, 2025 09:30 AM AEST| By Team Kalkine MediaHighlights,ASX200 reacts to global trade dynamics and resource sector movements,Key mining companies report exploration updates and strategic gains,Commodity prices and currency exchange rates influence market sentiment,As global market conditions fl...

Jack In The Box sinks on plan to close stores, eliminate dividend
April 24, 2025 08:15 AM AEST| By InvestingInvesting.com -- Shares of Jack In The Box (NASDAQ:JACK) fell sharply in after-hours trading Wednesday after the company announced plans to close underperforming stores, discontinue its dividend, and

General Motors and Ford shares rise following FT report on tariff exemptions
April 24, 2025 07:21 AM AEST| By InvestingInvesting.com -- Shares of General Motors (NYSE: NYSE:GM) and Ford Motor (NYSE: NYSE:F) climbed 4% and 3% respectively, following a report from the Financial Times that President Donald Trump plans to

Bernstein upgrades Cava as it sees market overlooking its long-term growth
April 24, 2025 04:03 AM AEST| By InvestingInvesting.com -- Bernstein upgraded shares of Cava Group to “Outperform,” saying the recent selloff has improved the stock’s risk-reward profile while the company remains well-positioned for gro

Citi cuts Texas Roadhouse stock rating on traffic slowdown, beef cost pressure
April 24, 2025 02:59 AM AEST| By InvestingInvesting.com -- Citi downgraded Texas Roadhouse (NASDAQ:TXRH) Inc to “Neutral” from “Buy,” warning of a traffic slowdown, rising beef costs, and increasing reliance on less-proven concepts th

Fubo shares dip on reported DOJ probe into Disney deal
April 24, 2025 02:51 AM AEST| By InvestingInvesting.com -- Shares of Fubotv Inc (NYSE:FUBO) fell 3.8% after Bloomberg reported that the U.S. Department of Justice (DOJ) is investigating Walt Disney Company's (NYSE:DIS) acquisition of a contro

Barclays and Redburn downgrade oil stocks: Chevron, Equinor, Murphy Oil
April 24, 2025 02:29 AM AEST| By InvestingInvesting.com -- Barclays and Redburn Atlantic have issued cautious outlooks for the oil and gas sector, downgrading some stocks as falling oil prices and uncertain macroeconomic conditions weigh on t

Morgan Stanley starts Duolingo at ‘overweight,’ on strong growth
April 24, 2025 02:15 AM AEST| By InvestingInvesting.com -- Morgan Stanley initiated coverage of Duolingo (NASDAQ:DUOL) with an “Overweight” rating and a Street-high price target of $435 driven by a rapid user growth, strong margin expansi

PMI expects ZYN supply to normalize by Q3, sees little tariff impact
April 24, 2025 01:59 AM AEST| By InvestingInvesting.com -- Philip Morris International Inc (NYSE:PM) said U.S. supply constraints on ZYN nicotine pouches will normalize by the third quarter, while downplaying the potential impact of recently

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