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 PDD’s Q1 results next week may be next catalyst: Morgan Stanley

PDD’s Q1 results next week may be next catalyst: Morgan Stanley

May 23, 2025 11:05 PM AEST| By Investing

Investing.com -- PDD Holdings’ upcoming first-quarter earnings report could serve as the next significant driver for its share price, according to Morgan Stanley (NYSE:MS) analysts.

 Analysts cut Deckers Outdoor rating following earnings release

Analysts cut Deckers Outdoor rating following earnings release

May 23, 2025 11:03 PM AEST| By Investing

Investing.com -- Deckers Outdoor Corporation was hit with various analyst downgrades on Friday in reaction to its fiscal fourth-quarter earnings release, as concerns mounted over slowing growth at its

 Booz Allen Hamilton shares tumble, revenue misses consensus estimate

Booz Allen Hamilton shares tumble, revenue misses consensus estimate

May 23, 2025 10:09 PM AEST| By Investing

Investing.com -- Booz Allen Hamilton Holding Corporation reported fourth-quarter fiscal 2025 results that fell short of analyst expectations on the top line, sending shares down 14% in premarket tradi

 Nuclear stocks jump on report of Trump orders to boost sector

Nuclear stocks jump on report of Trump orders to boost sector

May 23, 2025 09:45 PM AEST| By Investing

Investing.com -- Shares of nuclear energy companies have rallied premarket Friday after a Reuters report said U.S. President Donald Trump is preparing to sign executive orders aimed at revitalising th

 JPMorgan CEO Dimon seeks to ‘deepen engagement’ with China- Xinhua

JPMorgan CEO Dimon seeks to ‘deepen engagement’ with China- Xinhua

May 23, 2025 04:11 PM AEST| By Investing

Investing.com-- JPMorgan Chase&Co (NYSE:JPM) CEO Jamie Dimon met China’s top trade negotiator, He Lifeng, in Beijing on Thursday, and touted deepening ties with China, a report from the Xinhua News

 BYD shares hit record high on report it outsold Tesla in Europe

BYD shares hit record high on report it outsold Tesla in Europe

May 23, 2025 03:07 PM AEST| By Investing

Investing.com-- BYD’s Hong Kong shares soared to a record high on Friday, extending a recent winning spree after a report said the Chinese electric vehicle giant outsold rival Tesla (NASDAQ:TSLA) In

 TSX finishes slightly higher after index inches back from record high

TSX finishes slightly higher after index inches back from record high

May 23, 2025 08:47 AM AEST| By Investing

Investing.com - Canada’s main stock exchange closed slightly higher on Thursday, after the index edged away from a recent record high in the prior session.

 Xerox shares plunges after slashing dividend ahead of Lexmark deal

Xerox shares plunges after slashing dividend ahead of Lexmark deal

May 23, 2025 07:33 AM AEST| By Investing

Investing.com -- Shares of Xerox Corp (NASDAQ:XRX) fell sharply after-hours Thursday, down 15%, following the company’s announcement of an 80% reduction in its quarterly dividend. The move comes as

 Apple eyes 2026 smart glasses launch amid AI hardware race, Bloomberg reports

Apple eyes 2026 smart glasses launch amid AI hardware race, Bloomberg reports

May 23, 2025 06:33 AM AEST| By Investing

Investing.com -- Apple Inc (NASDAQ:AAPL) is accelerating development on smart glasses targeted for release in late 2026, marking a deeper push into AI-integrated consumer hardware, Bloomberg reported

 Tinder CEO Iosotaluno to resign in latest Match management move

Tinder CEO Iosotaluno to resign in latest Match management move

May 23, 2025 04:43 AM AEST| By Investing

Investing.com -- New Match Group (NASDAQ:MTCH) CEO Spencer Rascoff continues to put his mark on the company after another high-profile management change was announced Thursday.

 Cigna takes different approach with GLP-1s, more favorable for Eli Lilly

Cigna takes different approach with GLP-1s, more favorable for Eli Lilly

May 23, 2025 04:37 AM AEST| By Investing

Investing.com -- Cigna’s Evernorth has introduced a new pharmacy benefit that caps out-of-pocket costs for GLP-1 weight loss medications at $200 per month, in a move analysts say is more favorable f

 Hinge Health IPO surges 23% on debut

Hinge Health IPO surges 23% on debut

May 23, 2025 04:15 AM AEST| By Investing

Investing.com -- Today’s IPO for healthcare service company Hinge Health Inc (NYSE:HNGE) opened for trading at $39.25 per share after pricing 13,666,000 shares of common stock at $32 per share, the

 TSX slightly higher after index inches back from record high

TSX slightly higher after index inches back from record high

May 23, 2025 04:03 AM AEST| By Investing

Investing.com - Futures tied to Canada’s main stock exchange ticked slightly higher on Thursday, after the index edged away from a recent record high in the prior session.

 MNTN surges in market debut as investors bet on Connected TV Growth

MNTN surges in market debut as investors bet on Connected TV Growth

May 23, 2025 03:41 AM AEST| By Investing

Investing.com -- In a highly anticipated public debut, Mntn Inc (NASDAQ:MNTN) launched its IPO on May 22, 2025, with shares opening at $21—31% higher than its offering price of $16. The stock surged

 Planet Fitness rating raised as it is ‘nowhere near maxed out’

Planet Fitness rating raised as it is ‘nowhere near maxed out’

May 23, 2025 02:25 AM AEST| By Investing

Investing.com -- Stifel raised its rating for Planet Fitness (NYSE:PLNT) shares to Buy from Hold in a note to clients this week, raising its price target for the stock to $120 from $82.

 Canadian National Railway’s surge in car velocity signals margin upside - CIBC

Canadian National Railway’s surge in car velocity signals margin upside - CIBC

May 23, 2025 01:43 AM AEST| By Investing

Investing.com -- Canadian National Railway Co (TSX:CNR) is showing signs of a margin recovery heading into the second quarter of 2025, with recent operating data highlighting a sustained improvement i

 Target stock rating cut due to challenging macro environment

Target stock rating cut due to challenging macro environment

May 23, 2025 01:21 AM AEST| By Investing

Investing.com -- In a note this week, Telsey Advisory Group downgraded Target (NYSE:TGT) to Market Perform from Outperform, lowering its price target for the stock to $110 from $130 a share.

 OpenAI, G42, Oracle, NVIDIA, Softbank, and Cisco partner on Stargate UAE

OpenAI, G42, Oracle, NVIDIA, Softbank, and Cisco partner on Stargate UAE

May 23, 2025 01:19 AM AEST| By Investing

Investing.com -- In a historic collaboration, OpenAI, G42, Oracle Corporation (NYSE:ORCL), NVIDIA Corporation (NASDAQ:NVDA), SoftBank Group Corp. (TYO:9984), and Cisco Systems Inc (NASDAQ:CSCO) announ

 Barclays: Q1 results good ’but could be the last carryover of 2024 momentum’

Barclays: Q1 results good ’but could be the last carryover of 2024 momentum’

May 23, 2025 01:19 AM AEST| By Investing

Investing.com -- In its U.S. equity insights note Thursday, Barclays (LON:BARC) said first-quarter 2025 earnings were “good (in some aspects very good)” across the S&P 500, but warned the performa

 Kuo: OpenAI’s device prototype designed by Jony Ive is neck-worn, screenless

Kuo: OpenAI’s device prototype designed by Jony Ive is neck-worn, screenless

May 23, 2025 12:55 AM AEST| By Investing

Investing.com -- Shares of Apple Inc (NASDAQ:AAPL) continued to dip Thursday following OpenAI’s $6.5 billion acquisition of io Products, a design startup led by former Apple designer Jony Ive. The m

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