Stock market

Jefferies upgrades First Solar, cuts Sunrun as residential solar faces headwinds
June 12, 2025 02:23 AM AEST| By InvestingInvesting.com -- Jefferies upgraded First Solar Inc (NASDAQ:FSLR) to Buy on stronger pricing power and clearer policy support for U.S.-based solar manufacturers, while downgrading Sunrun Inc (NASDAQ:R

U.S. private equity firm Advent in exclusive talks for Reckitt’s home unit
June 12, 2025 02:01 AM AEST| By InvestingInvesting.com -- Britain’s Reckitt is in exclusive discussions with private equity firm Advent International regarding the sale of its Essential Home business, according to a Reuters report on Wedne

Stifel sees ‘super app’ potential for Uber, cautious on DoorDash valuation
June 12, 2025 01:15 AM AEST| By InvestingInvesting.com -- Stifel initiated coverage on Uber (NYSE:UBER) with a Buy rating and a $110 price target saying that company is evolving into a super app that combines ride-hailing, food delivery, gro

Oppenheimer starts QXO at Outperform
June 12, 2025 12:47 AM AEST| By InvestingInvesting.com -- Oppenheimer analysts initiated coverage on QXO with an Outperform rating and a $27 price target in a note on Wednesday.

Jefferies upgrades Smucker’s as it sees stock pullback overdone
June 12, 2025 12:39 AM AEST| By InvestingInvesting.com -- Jefferies upgraded JM Smucker Company (NYSE:SJM) to Buy from Hold, saying that the recent pullback in the stock overstates near-term challenges tied to Hostess and coffee elasticity,

Google Cloud-OpenAI deal signals confidence in long-term search position: MS
June 12, 2025 12:29 AM AEST| By InvestingInvesting.com -- Morgan Stanley analysts view the reported agreement between Google Cloud and OpenAI as significant for two key reasons, signaling confidence in Alphabet (NASDAQ:GOOGL)’s long-term s

Raymond James bullish on biotech firms on favorable valuation
June 12, 2025 12:03 AM AEST| By InvestingInvesting.com -- Raymond James started coverage on biotechnology companies, rating Avidity Biosciences and Disc Medicine at Strong Buy and assigning Outperform ratings to Dyne Therapeutics, Tectonic T

HSBC’s Kettner upgrades U.S. stocks, sees Q2 dips as buying opportunities
June 11, 2025 11:47 PM AEST| By InvestingInvesting.com -- HSBC strategists led by Max Kettner upgraded their view for U.S. equities to Overweight from Neutral on Wednesday, citing renewed optimism around artificial intelligence and an expect

Tenet Healthcare stock falls after Fuzzy Panda short report alleges Medicare fraud
June 11, 2025 11:43 PM AEST| By InvestingInvesting.com -- Tenet Healthcare Corporation (NYSE:THC) shares dropped 3.8% following a scathing report by Fuzzy Panda Research alleging the hospital operator engaged in Medicare and Medicaid fraud.

Coinbase initiated at Outperform by William Blair
June 11, 2025 11:27 PM AEST| By InvestingInvesting.com -- William Blair initiated coverage of Coinbase Global (NASDAQ:COIN) with an Outperform rating, calling the crypto exchange the best-positioned company to capitalize on what it sees as a

Musk apology to Trump could reopen path for renewed alliance says Dan Ives
June 11, 2025 11:13 PM AEST| By InvestingInvesting.com -- Wedbush analyst Dan Ives said in a note Wednesday that Elon Musk’s recent apology to President Donald Trump could reopen the path for a renewed alliance, which he views as a "smart

Ouster shares surge on Pentagon approval for lidar sensor
June 11, 2025 10:29 PM AEST| By InvestingInvesting.com -- Ouster Inc (NASDAQ:OUST) shares rose 16% in premarket trading after the company announced that the U.S. Department of Defense approved its OS1 digital lidar sensor for use in unmanned

Quantum Stocks rise as Nvidia CEO Huang says inflection is near
June 11, 2025 09:39 PM AEST| By InvestingInvesting.com -- Shares of several quantum computing companies have risen premarket on Wednesday after Nvidia (NASDAQ:NVDA) CEO Jensen Huang reiterated that quantum technology is at an "inflection poi

FT: Starbucks has seen "a lot of interest" in China business stake, CEO says
June 11, 2025 07:29 PM AEST| By InvestingInvesting.com - Starbucks has received "a lot of interest" in the possible sale of a stake in its Chinese operations, the coffee chain’s CEO Brian Niccol told the Financial Times in an interview pub

China auto stocks rise as they pledge faster supplier payments
June 11, 2025 07:15 PM AEST| By InvestingInvesting.com -- China auto stocks rose Wednesday after major car companies committed to shortening payment terms for suppliers amid an intensifying price war in China’s auto market.

Tesla gains as Musk says he regrets some Trump-related posts
June 11, 2025 06:57 PM AEST| By InvestingInvesting.com -- Tech billionaire Elon Musk said Wednesday that he regretted some social media posts he made last week during a public dispute with U.S. President Donald Trump.

Qantas to shut down Jetstar Asia on rising costs; redeploys fleet to core markets
June 11, 2025 10:35 AM AEST| By InvestingInvesting.com-- Qantas Airways (ASX:QAN) announced on Wednesday it will close its Singapore-based low-cost subsidiary Jetstar Asia, citing soaring operating costs and intense competition in the intra-

Alphabet stock pares gains on buyout offers to search and ads employees
June 11, 2025 06:17 AM AEST| By InvestingInvesting.com -- Shares of Google parent Alphabet (NASDAQ:GOOGL) pared earlier gains on Tuesday after reports emerged that the tech giant is offering voluntary buyouts to employees in its search and a

Groupon Bull Pushes Back on Short-Seller Report, Calls Claims “Sensational”
June 11, 2025 06:11 AM AEST| By InvestingInvesting.com -- Marc Chalfin, Chief Investment Officer of Windward Management and a vocal Groupon (NASDAQ:GRPN) bull, has dismissed a recently published short-seller report directed at the company, c

Hims & Hers stock falls after Lilly rules out partnership
June 11, 2025 06:07 AM AEST| By InvestingInvesting.com -- Hims&Hers Health Inc (NYSE:HIMS) stock fell 3.8% Tuesday after Eli Lilly and Company (NYSE:LLY) indicated it would not partner with telehealth firms selling copycat versions of weight

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