Stock market

Lawmakers push to ban direct-to-consumer drug advertising, WSJ reports
June 13, 2025 04:15 AM AEST| By InvestingInvesting.com -- Senators Bernie Sanders and Angus King are preparing to introduce legislation that would ban pharmaceutical companies from advertising prescription drugs directly to consumers, The Wa

Single passenger survives Air India crash; Boeing and GE shares slide
June 13, 2025 04:13 AM AEST| By InvestingInvesting.com - An Air India plane flying to London’s Gatwick Airport crashed in Ahmedabad in western India shortly after take-off on Thursday.

Chime IPO surges 59% in NASDAQ debut
June 13, 2025 04:09 AM AEST| By InvestingInvesting.com -- Today’s IPO for fintech Chime (NASDAQ:CHYM) opened for trading at $43 after pricing at $27, representing a 59% jump. Shares last traded at $39.03, representing a 45% increase.

GameStop bets on trading cards, stock continues slide
June 13, 2025 03:33 AM AEST| By InvestingInvesting.com -- GameStop Corp (NYSE:GME) stock has dropped over 22% Thursday, as it is doubling down on collectibles, with trading cards emerging as a central focus in its evolving retail strategy, w

FTSE 100 today: shares rise as U.K. GDP falls; Pound nears $1.36; Tesco gains
June 13, 2025 02:45 AM AEST| By InvestingThe U.K. economy experienced a notable decline in April, weighed down by rising energy costs and increased taxes.

BofA cuts ConAgra Brands, says ’protein-flation to take bite out of FY26 earnings’
June 13, 2025 02:27 AM AEST| By InvestingInvesting.com -- Bank of America (NYSE:BAC) lowered its rating for ConAgra Brands to Underperform from Neutral in a note Thursday, lowering its price target for the stock to $20 from $27 a share.

Israel considers military action against Iran, sources tell ABC News
June 13, 2025 02:25 AM AEST| By InvestingInvesting.com -- Israel is considering taking military action against Iran in the coming days, according to ABC News. The news organization cited three sources familiar with the situation who provided

Applovin stock falls after Culper research issues scathing short report
June 13, 2025 02:07 AM AEST| By InvestingInvesting.com -- AppLovin (NASDAQ: NASDAQ:APP) stock declined 4% on Thursday after Culper Research published a short report targeting the mobile technology company, alleging misrepresentation of its C

Telus International shares surge following buyout proposal from parent Telus Corp
June 13, 2025 02:01 AM AEST| By InvestingInvesting.com -- Shares of Telus International (TSX:TIXT) surged more than 24% on Thursday after receiving an unsolicited acquisition proposal from majority owner Telus Corp (TSX:T). The Canadian tele

Ivanhoe Mines rating cut after ’materially weaker than anticipated update’
June 13, 2025 01:51 AM AEST| By InvestingInvesting.com -- Scotiabank analysts downgraded Ivanhoe Mines (OTC:IVPAF) to Sector Perform from Sector Outperform in a note Thursday, following a "materially weaker than anticipated update pertaining

ADP stock dips as company hosts 2025 investor day
June 13, 2025 01:49 AM AEST| By InvestingInvesting.com -- ADP (NASDAQ:ADP) stock fell 1.1% after the company hosted its 2025 Investor Day, where it announced mid-term financial objectives that largely met market expectations.

Morgan Stanley lifts XPeng target after G7 launch draws early interest
June 13, 2025 01:37 AM AEST| By InvestingInvesting.com -- Morgan Stanley raised its price target on XPeng Inc (NYSE:XPEV) following the launch of its G7 sport utility vehicle, which drew over 10,000 pre-sale orders within an hour.

Moderna explores outside financing for vaccine trials, shares dip
June 13, 2025 01:35 AM AEST| By InvestingInvesting.com -- Moderna Inc (BMV:MRNA) (NASDAQ:MRNA) shares fell 2.2% Thursday as the company confirmed it is seeking outside investment to support its late-stage vaccine programs. The move underscor

All believed dead in Air India flight; Boeing and GE shares slide
June 13, 2025 01:21 AM AEST| By InvestingInvesting.com - An Air India plane flying to London’s Gatwick Airport crashed in Ahmedabad in western India shortly after take-off on Thursday, the carrier said on Thursday.

Micron boosts planned U.S. investment by $30 billion amid AI-driven demand
June 13, 2025 12:57 AM AEST| By InvestingInvesting.com -- Micron Technology Inc (NASDAQ:MU) has announced plans to expand its U.S.-based semiconductor manufacturing and research footprint with an investment totaling approximately $200 billio

Stifel bullish on Monster Beverage on U.S. momentum and overseas growth
June 13, 2025 12:45 AM AEST| By InvestingInvesting.com -- Stifel resumed coverage of Monster Beverage (NASDAQ:MNST) with a Buy rating and $72 price target, given the increased sales in the U.S. and strong international growth as key drivers

Cantor downgrades air taxi company Joby after sharp stock rally
June 13, 2025 12:05 AM AEST| By InvestingInvesting.com -- Cantor Fitzgerald downgraded Joby Aviation (NYSE:JOBY) to Neutral from Overweight given the electric aircraft maker’s recent share price rally and a lack of near-term upside.

Activist investor Palliser Capital reportedly builds 5% stake in WH Smith
June 12, 2025 11:59 PM AEST| By InvestingInvesting.com -- Activist investor Palliser Capital has acquired a nearly 5% stake in British travel retailer WH Smith, according to a Sky News report on Thursday.

Citi highlights sector opportunities based on recent flows
June 12, 2025 11:51 PM AEST| By InvestingInvesting.com -- Citi analysts released a "flash update” note based on equity sector flows, highlighting shifting preferences among institutional investors.

Norway’s soviergn wealth fund puts TD Bank on watch over crime risk
June 12, 2025 11:41 PM AEST| By InvestingInvesting.com -- Norway’s sovereign wealth fund has placed Toronto Dominion Bank (TSX:TD) under observation for four years, citing sustained risks related to serious financial crime. The decision, d

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