Stock market

PDD’s Q1 results next week may be next catalyst: Morgan Stanley
May 23, 2025 11:05 PM AEST| By InvestingInvesting.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
May 23, 2025 11:03 PM AEST| By InvestingInvesting.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
May 23, 2025 10:09 PM AEST| By InvestingInvesting.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
May 23, 2025 09:45 PM AEST| By InvestingInvesting.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
May 23, 2025 04:11 PM AEST| By InvestingInvesting.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
May 23, 2025 03:07 PM AEST| By InvestingInvesting.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
May 23, 2025 08:47 AM AEST| By InvestingInvesting.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
May 23, 2025 07:33 AM AEST| By InvestingInvesting.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
May 23, 2025 06:33 AM AEST| By InvestingInvesting.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
May 23, 2025 04:43 AM AEST| By InvestingInvesting.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
May 23, 2025 04:37 AM AEST| By InvestingInvesting.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
May 23, 2025 04:15 AM AEST| By InvestingInvesting.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
May 23, 2025 04:03 AM AEST| By InvestingInvesting.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
May 23, 2025 03:41 AM AEST| By InvestingInvesting.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’
May 23, 2025 02:25 AM AEST| By InvestingInvesting.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
May 23, 2025 01:43 AM AEST| By InvestingInvesting.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
May 23, 2025 01:21 AM AEST| By InvestingInvesting.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
May 23, 2025 01:19 AM AEST| By InvestingInvesting.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’
May 23, 2025 01:19 AM AEST| By InvestingInvesting.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
May 23, 2025 12:55 AM AEST| By InvestingInvesting.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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