Stock market

Retail trading frenzy drives NASDAQ to move to 24-hour trading
March 08, 2025 04:25 AM AEDT| By InvestingThe Nasdaq is the latest U.S. stock exchange to announce plans for 24-hour trading. The technology-focused exchange said Friday that it plans to introduce 24-hour trading five days a week, targeting a

Hawaiian Electric upgraded by Evercore as settlement prospects strengthen
March 08, 2025 03:23 AM AEDT| By InvestingInvesting.com -- Evercore ISI upgraded Hawaiian Electric Industries (NYSE:HE) to Outperform and raised its price target to $14, citing increasing confidence in the company's legal and financial positi

Deutsche Bank initiates UPS at Hold, FedEx at Buy
March 08, 2025 03:17 AM AEDT| By InvestingInvesting.com -- Deutsche Bank initiated coverage of the U.S. transportation sector with a selective approach, highlighting heightened risks from trade policies and tariffs.

Steel Dynamics upgraded on tariff-driven price surge
March 08, 2025 03:03 AM AEDT| By InvestingInvesting.com -- Morgan Stanley upgraded Steel Dynamics (NASDAQ:STLD) Inc to "Overweight" amid tariff driven price surges, and the completion of its capital expenditure cycle and expectations of highe

Mizuho TMT analysts say Broadcom is a must-own AI stock
March 08, 2025 02:15 AM AEDT| By InvestingInvesting.com -- Mizuho analysts called Broadcom (NASDAQ:AVGO) a "must-own" AI stock in a note Friday, citing its strong earnings beat, growing AI revenue, and leadership in key semiconductor areas.

Zscaler 'growth drivers show signs of improvement': BofA
March 08, 2025 02:13 AM AEDT| By InvestingInvesting.com -- Bank of America has upgraded Zscaler (NASDAQ:ZS) to a Buy rating from Neural, citing strong growth in upsell capabilities and a solid financial performance.

Sandisk plans 10% price hike for NAND products from April 1
March 08, 2025 01:55 AM AEDT| By InvestingInvesting.com -- SanDisk (SNDK) (NASDAQ:SNDKV) has announced plans to increase the prices of all its NAND products by over 10% starting from April 1, according to a letter sent to its customers on Mar

Intuitive Machines selloff extends on moon landing issues
March 08, 2025 01:53 AM AEDT| By InvestingInvesting.com -- Intuitive Machines shares plunged more than 35% premarket on Friday, extending Thursday’s 20% decline, after its Athena Nova-C lander experienced an "off-nominal" landing at the Lun

BofA raises CAE stock rating to neutral, price target to $32
March 08, 2025 01:51 AM AEDT| By InvestingOn Friday, BofA Securities analyst Donald Epstein upgraded CAE Inc. (TSX:CAE) to a neutral rating and bumped the price target up from $19 to $32. Epstein's reassessment of the company's stock follows

BofA downgrades Air Lease, raises AerCap target amid industry supply constraints
March 08, 2025 01:43 AM AEDT| By InvestingInvesting.com -- Bank of America downgraded Air Lease Corporation (NYSE:AL) to "Underperform" from "Buy" while reiterating its "Buy" rating on AerCap Holdings NV (NYSE:AER) given the differences in po

Jefferies upgrades Wayfair on market share gains, retail expansion
March 08, 2025 01:43 AM AEDT| By InvestingInvesting.com -- Jefferies upgraded Wayfair Inc (NYSE:W) to "Buy" given the strong market share gains, impact of a new paid loyalty program, and growing B2B and physical retail traction. Brokerage see

Rosenblatt starts Coinbase at Buy, 'administration will be huge positive catalyst'
March 08, 2025 12:47 AM AEDT| By InvestingInvesting.com -- Rosenblatt initiated coverage of Coinbase (NASDAQ:COIN) with a Buy rating and $305 price target on Friday, citing the potential for significant regulatory shifts under the new U.S. ad

Goldman Sachs expects the AI trade to continue sooner rather than later
March 08, 2025 12:33 AM AEDT| By InvestingInvesting.com -- Goldman Sachs (NYSE:GS) expects the AI trade to regain momentum sooner rather than later, despite recent market volatility that has weighed on AI-exposed equities.

S&P 500 to trade in 5,200-6,000 range in the near term, JPMorgan says
March 08, 2025 12:23 AM AEDT| By InvestingInvesting.com -- JPMorgan analysts expect the S&P 500 to remain range-bound between 5,200 and 6,000 in the near term, citing ongoing market volatility, policy uncertainty, and investor positioning ris

Drone maker Leonardo sees its rating raised at Bank of America, shares jump
March 07, 2025 11:57 PM AEDT| By InvestingInvesting.com -- Leonardo DRS Inc (NASDAQ:DRS) shares rose 3% in premarket trading Friday after Bank of America (NYSE:BAC) lifted its rating on the stock to Buy from Neutral, while keeping its price t

TD Cowen initiates coverage of automakers: Tesla, GM at Buy
March 07, 2025 11:57 PM AEDT| By InvestingInvesting.com -- TD Cowen initiated coverage of the U.S. autos and mobility sector on Friday, issuing Buy ratings for General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA).

Bank of America lowers stance on Europe versus global stocks after outperformance
March 07, 2025 11:29 PM AEDT| By InvestingInvesting.com -- Bank of America downgraded its recommendation on European equities versus global stocks in a note Friday, citing recent outperformance and concerns over slowing global growth.

Costco shares edge lower after second-quarter profit misses expectations
March 07, 2025 09:51 PM AEDT| By InvestingInvesting.com - Costco reported lower-than-anticipated fiscal second-quarter profit, although revenues topped expectations, as consumers wary of the potential inflationary impact of U.S. tariffs turne

Hewlett Packard Enterprise stock sinks 20% on disappointing guidance, job cuts
March 07, 2025 09:23 PM AEDT| By InvestingInvesting.com -- Hewlett Packard Enterprise Co (NYSE:HPE) shares tanked nearly 20% in premarket trading Friday after the company reported mixed first-quarter results and provided disappointing guidanc

Gap shares soars 18% as Q4 earnings exceed expectations, dividend hiked
March 07, 2025 09:09 PM AEDT| By InvestingInvesting.com -- Gap Inc (NYSE:GAP) reported better-than-expected fourth quarter earnings and revenue, sending shares soaring more than 18% in premarket trading Friday. The apparel retailer also annou

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