Stocks

NYSE Trading Hours Extended to 22 to Compete with Robinhood and Tesla
October 28, 2024 11:07 PM AEDT| By Team Kalkine MediaHighlights,The New York Stock Exchange (NYSE) plans to extend trading hours to 22 hours a day, reflecting increasing demand for all-day trading options.,NYSE Arca, part of the Intercontinental Exchange Group, will facilitate trading for U.S.-listed s...

E. coli Outbreak at McDonald's Could Affect Short-Term Sales Performance
October 28, 2024 11:03 PM AEDT| By Team Kalkine MediaHighlights,McDonald's is facing scrutiny following a recent E. coli outbreak linked to its Quarter Pounder hamburgers, with at least one reported death and 75 infections.,Analysts have downgraded the stock to "neutral," indicating potential challenge...

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) at US$301 Being Examined for Value
October 28, 2024 10:53 PM AEDT| By Team Kalkine MediaHighlights,CrowdStrike Holdings, Inc. is currently trading below its estimated intrinsic value, suggesting a potential opportunity for market participants.,Analysts project substantial earnings growth over the next few years, indicating a favorable o...

Microsoft (NASDAQ: MSFT) AI Leadership Being Strengthened with Increasing Stock Interest
October 28, 2024 10:48 PM AEDT| By Team Kalkine MediaHighlights,Microsoft Corporation continues to lead in the artificial intelligence sector amid intense competition from major tech companies like Google and Amazon.,Recent stock performance shows a modest increase, reflecting positive market sentiment...

Elbit Systems Secures Major $200 Million Contract for Laser Defense, Stock Rises
October 28, 2024 10:38 PM AEDT| By Team Kalkine MediaHighlights,Elbit Systems Ltd. has secured a $200 million contract from the Israeli Ministry of Defense for high-power laser systems.,The contract focuses on providing advanced laser technology for the “Iron Beam” air defense system, along with ongoin...

XPO, Inc. Shares Purchased by Signaturefd LLC
October 28, 2024 10:34 PM AEDT| By Team Kalkine MediaHighlights,Signaturefd LLC increased its stake in XPO, Inc. by 120% during the third quarter, reflecting growing confidence in the transportation sector.,Institutional ownership of XPO remains high, with 97.73% of shares held by hedge funds and other...

Signaturefd LLC Associated with Growth in Exelixis, Inc. Stake
October 28, 2024 10:31 PM AEDT| By Team Kalkine MediaHighlights,Signaturefd LLC increased its holdings in Exelixis, Inc. by 12.2% in the third quarter, reflecting growing confidence in the biotechnology sector.,Institutional ownership of Exelixis remains robust, with 85.27% of shares held by large inve...

Clear Harbor Asset Management LLC Connected to 3,951 Shares Sold in Intuit Inc
October 28, 2024 10:26 PM AEDT| By Team Kalkine MediaHighlights,Clear Harbor Asset Management LLC significantly reduced its stake in Intuit Inc. by over 90% in the third quarter, reflecting a strategic shift.,Institutional ownership of Intuit remains strong, with notable increases from other hedge fund...

Pfizer Management's Turnaround Strategy Being Enhanced Amid Starboard's Watch
October 28, 2024 10:21 PM AEDT| By Team Kalkine MediaHighlights,Pfizer's upcoming quarterly financial report is under scrutiny as activist hedge fund Starboard Value intensifies calls for accountability and results.,Analysts seek evidence of improved profitability and revenue growth, particularly from...

Apple's Trajectory Toward $4 Trillion Market Cap Identified by Wedbush
October 28, 2024 10:16 PM AEDT| By Team Kalkine MediaHighlights,Analysts from Wedbush project that Apple Inc. will become the first company to reach a $4 trillion market capitalization by 2025.,Apple's stock has risen over 24% this year, fueled by anticipated advancements in AI capabilities for its pro...

Clear Harbor Asset Management LLC Reduces Stock Position in Liberty Broadband Co
October 28, 2024 10:11 PM AEDT| By Team Kalkine MediaHighlights,Clear Harbor Asset Management LLC significantly reduced its stake in Liberty Broadband Co. during the third quarter.,Several institutional investors have made notable adjustments to their holdings in Liberty Broadband.,Recent insider trans...

Tesla, Inc. Stock Position Reduced by Valley National Advisers Inc
October 28, 2024 10:07 PM AEDT| By Team Kalkine MediaHighlights,Valley National Advisers Inc. significantly reduced its stake in Tesla, Inc. during the third quarter.,Several institutional investors have made substantial adjustments to their holdings in Tesla, with some increasing their positions drama...

Position of $51.93 Million in Pool Co. Acknowledged for International Assets Investment Management LLC
October 28, 2024 10:04 PM AEDT| By Team Kalkine MediaHighlights,International Assets Investment Management LLC significantly increased its position in Hasbro, Inc. during the third quarter.,Recent research reports show an optimistic outlook for Hasbro, with multiple analysts raising their price forecas...

Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT) Announces Encouraging Data for VOQUEZNA® at ACG 2024
October 28, 2024 09:49 PM AEDT| By Team Kalkine MediaHighlights:,VOQUEZNA® shows rapid relief for heartburn in Non-Erosive GERD.,ACG Outstanding Research Award recognizes significant findings from the PHALCON-NERD-201 trial.,On-demand dosing could revolutionize treatment options for patients with episo...

IDEAYA Biosciences, Inc. (Nasdaq:IDYA) Advances with IND Clearance for IDE275, a Promising Werner Helicase Inhibitor
October 28, 2024 09:22 PM AEDT| By Team Kalkine MediaHighlights:,IDEAYA's IDE275 could become a first-in-class treatment for tumors with microsatellite instability.,The Phase 1 trial aims to target a significant patient population across several cancer types.,Potential for substantial financial milesto...

Elbit Systems (NASDAQ: ESLT) Secures $200 Million Contract for Iron Beam Air Defense System
October 28, 2024 08:48 PM AEDT| By Team Kalkine MediaHighlights:,Elbit Systems clinches a $200 million deal with the Israeli Ministry of Defense for high-power laser systems.,The contract includes ongoing support services, enhancing revenue stability.,This development positions Elbit as a leader in adv...

Exact Sciences (NASDAQ: EXAS) Showcases Cologuard Plus™ Effectiveness at ACG Annual Meeting
October 28, 2024 08:45 PM AEDT| By Team Kalkine MediaHighlights:,Cologuard Plus™ outperforms other noninvasive screening tests in life-years gained and reduces the need for colonoscopies.,High adherence rates, particularly among Spanish-speaking populations, highlight the importance of targeted outreac...

Faraday Future (Nasdaq: FFIE) Gears Up for New Era with Faraday X (FX)
October 28, 2024 08:41 PM AEDT| By Team Kalkine MediaHighlights:,Faraday X (FX) aims to redefine affordability in electric vehicles with prices starting as low as $20,000.,The launch of two innovative models, FX 5 and FX 6, promises advanced AIEV technology.,Hiring spree for key positions signals serio...

Block Inc. Sees Institutional Interest Surge
October 28, 2024 07:47 PM AEDT| By Team Kalkine MediaHighlights,Institutional interest in Block Inc. grows.,Leading firms increase stakes in Block.,Canada Pension Plan backs Block’s innovation.,Block Inc., a prominent player in the,technology sector,known for its financial services and digital payments...

Gold prices decline as dollar strengthens, but downside is limited; Palladium shows greater upside potential
October 28, 2024 05:37 PM AEDT| By InvezzGold prices were under pressure on Monday as the dollar and US Treasury yields rose, denting demand for the precious metal. Easing concerns over a bigger conflict in the Middle East also dampened safe-haven demand for the yellow metal on Monday...