Stock market

Citi: U.S. stocks now least preferred among global asset managers
May 29, 2025 09:55 PM AEST| By InvestingInvesting.com -- U.S. equities have fallen out of favor with global asset managers, according to Citi’s latest Quantitative Global Macro (BCBA:BMAm) Strategy note.

Chip stocks rise as Nvidia eases China demand concerns
May 29, 2025 09:35 PM AEST| By InvestingInvesting.com -- Shares of semiconductor companies are rising premarket on Thursday after Nvidia (NASDAQ:NVDA) offered an earnings outlook that, while impacted by U.S. export restrictions, was not as

Trump’s ‘liberation day’ tariffs blocked by US trade court
May 29, 2025 10:35 AM AEST| By InvestingUpdates with details on Trump response, reports of White House appeal.

Tesla stock rises on robotaxi service launch plans
May 29, 2025 07:01 AM AEST| By InvestingInvesting.com -- Tesla (NASDAQ:TSLA) shares edged up 1% after-hours following reports that the electric vehicle giant is targeting a launch date of June 12 for its highly anticipated robotaxi service

Musk opposed Abu Dhabi AI data center deal that he thought favors Altman, says WSJ
May 29, 2025 06:39 AM AEST| By InvestingInvesting.com -- OpenAI, along with a consortium of American technology companies, secured a deal last week to construct one of the world’s largest artificial intelligence data centers in Abu Dhabi.

Trump orders U.S. firms to halt chip software sales to China, says FT
May 29, 2025 06:21 AM AEST| By InvestingInvesting.com -- In a new move to hinder China’s development of advanced semiconductor chips, the Trump administration has reportedly instructed U.S. companies that provide software used in semicond

BCE unveils Canada’s largest AI compute project with six-data center network
May 29, 2025 06:01 AM AEST| By InvestingInvesting.com -- Bell Canada, or BCE Inc (TSX:BCE), has unveiled a multibillion-dollar initiative to create the nation’s largest artificial intelligence computing network, establishing a strategic f

Victoria’s Secret stock falls amid security incident
May 29, 2025 05:05 AM AEST| By InvestingInvesting.com -- Shares of Victoria’s Secret&Co. (NYSE: VSCO) tumbled as much as 10% following the company’s announcement of a security incident that has led to the temporary shutdown of its websi

Tesla and xAI merger possible, predicts Musk biographer Isaacson
May 29, 2025 03:47 AM AEST| By InvestingInvesting.com – Walter Isaacson, biographer of Elon Musk, suggested in an interview on CNBC that a merger between Tesla Inc (NASDAQ:TSLA) and xAI, Musk’s privately held combination of his artifici

Skechers downgraded as window for another bidder to emerge has closed
May 29, 2025 01:55 AM AEST| By InvestingInvesting.com -- TD Cowen downgraded Skechers to Hold in a note Wednesday, highlighting a closed window for competing acquisition offers following 3G’s announced deal.

TSX up slightly ahead of NVIDIA earnings
May 29, 2025 01:11 AM AEST| By Investing
This is what matters most for today’s Nvidia earnings print: Mizuho
May 29, 2025 12:57 AM AEST| By InvestingInvesting.com -- As Nvidia (NASDAQ:NVDA) gears up to report earnings, Mizuho said investors are focusing less on this quarter’s guidance and more on long-term momentum tied to Blackwell and China up

Deutsche Bank cuts PDD Holdings rating following 45% earnings decline
May 29, 2025 12:21 AM AEST| By InvestingInvesting.com -- Temu owner PDD Holdings (NASDAQ:PDD) received a rating cut to Hold from Buy at Deutsche Bank (ETR:DBKGn) after the Chinese e-commerce firm reported a steep 45% year-on-year drop in no

GameStop pulls the trigger, discloses $513 million Bitcoin investment
May 29, 2025 12:03 AM AEST| By InvestingInvesting.com -- GameStop Corp (NYSE:GME) shares climbed over 2%, but pared back some gains premarket Wednesday, after the video game retailer disclosed a $513 million investment in bitcoin, a signifi

Cleveland-Cliffs shares slide after GLJ Research double-downgrades stock to Sell
May 28, 2025 11:59 PM AEST| By InvestingInvesting.com -- Shares in Cleveland-Cliffs (NYSE:CLF) slid roughly 1.5% in premarket trading Wednesday after GLJ Research double-downgraded the stock to Sell from Buy and cut the price target to $3.9

William Blair starts nuclear energy stocks BWXT, LEU, OKLO at Outperform
May 28, 2025 11:39 PM AEST| By InvestingInvesting.com -- William Blair initiated coverage on three nuclear energy stocks—BWX Technologies Inc (NYSE:BWXT), Centrus Energy (NYSE:LEU), and Oklo Inc (NYSE:OKLO) —with Outperform ratings, cit

Mobileye Global stock gains on contract win
May 28, 2025 11:35 PM AEST| By InvestingInvesting.com -- Shares of Mobileye Global (NASDAQ:MBLY) rose more than 5% premarket on Wednesday after the company announced a contract win with a global automaker to supply its next-generation imagi

Wells Fargo: Time to trim U.S. small caps after recent rally
May 28, 2025 09:47 PM AEST| By InvestingInvesting.com -- Wells Fargo analysts believe it is time for investors to reduce their exposure to U.S. small-cap equities following a strong rebound since early April.

Redburn Atlantic launches coverage on chip stocks: AVGO, ANET new Buys
May 28, 2025 09:37 PM AEST| By InvestingInvesting.com -- Redburn Atlantic has begun coverage on three semiconductor stocks—Broadcom Inc (NASDAQ:AVGO), Arista Networks (NYSE:ANET), and Marvell Technology Inc (NASDAQ:MRVL).

Barclays sees upside in stocks as re-risking stays subdued
May 28, 2025 09:25 PM AEST| By InvestingInvesting.com -- Barclays believes the path of least resistance for equities is still higher, supported by muted re-risking, resilient earnings, and favorable liquidity conditions.

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