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Cantor starts coverage on software sector; names Klaviyo, Hubspot, Q2 top picks
June 03, 2025 11:23 PM AEST| By InvestingInvesting.com -- Cantor Fitzgerald starts coverage on the application software sector, with AI a major catalyst that is set to fuel long-term growth across the group.
Dell’s share price selloff amid GSA concerns ’overdone’ says Wells Fargo
June 03, 2025 11:21 PM AEST| By InvestingInvesting.com -- Dell shares dropped after reports emerged that the U.S. Federal government (GSA) is reviewing tech spending and contacting vendors about potential cost cuts.
Hims & Hers bets on Europe with ZAVA deal; shares climb
June 03, 2025 11:15 PM AEST| By InvestingInvesting.com -- Hims Hers Health Inc (NYSE:HIMS) shares jumped 5.8% in premarket trading Tuesday after the company announced plans to acquire European digital health platform ZAVA, signaling a bold s
Oklo shares jump 6% as nuclear sector rallies on Meta deal
June 03, 2025 10:23 PM AEST| By InvestingInvesting.com -- Shares of companies in the nuclear sector, including Oklo Inc. (NASDAQ:OKLO), NuScale Power (NYSE:SMR), NANO Nuclear (NYSE:NN (NASDAQ:NNBR)), Vistra (NYSE:VST), Energy Fuels (TSX:EFR)
Nio posts wider-than-expected Q1 loss, revenue miss; shares slip
June 03, 2025 10:21 PM AEST| By InvestingInvesting.com -- Nio (NYSE:NIO) shares slipped nearly 2% in premarket trading Tuesday after the Chinese electric vehicle (EV) manufacturer reported a first-quarter loss of RMB3.01 per share, wider tha
Dollar General lifts guidance after first-quarter sales top expectations
June 03, 2025 09:55 PM AEST| By InvestingInvesting.com - Dollar General has reported first-quarter net sales and earnings that topped Wall Street estimates, leading the budget retailer to lift its full-year financial guidance despite lingeri
Why Bernstein thinks Boeing stock is the best idea in Aerospace & Defense
June 03, 2025 09:41 PM AEST| By InvestingInvesting.com -- Bernstein named Boeing (NYSE:BA) its top pick in Global Aerospace&Defense, citing production momentum, improving fundamentals, and a compelling valuation.
These are the key winners in America’s AI-driven energy surge: Morgan Stanley
June 03, 2025 09:35 PM AEST| By InvestingInvesting.com -- The race to power artificial intelligence is creating an energy rush across the United States, and Morgan Stanley (NYSE:MS) believes the winners are emerging fast.
Constellation Energy shares surge over 20-year nuclear energy deal with Meta
June 03, 2025 09:33 PM AEST| By InvestingInvesting.com -- Meta Platforms Inc (NASDAQ:META) has entered into a 20-year agreement to purchase nuclear power from Constellation Energy Corp (NASDAQ:CEG) lifting shares of the energy company up ove
Rio Tinto shares down after Jefferies cuts stock to Hold on emerging headwinds
June 03, 2025 08:43 PM AEST| By InvestingInvesting.com -- Shares in Rio Tinto (NYSE:RIO) fell 2% in U.S. premarket trading Tuesday after Jefferies lowered its rating on the mining giant to Hold from Buy, citing a more balanced risk/reward pr
Music majors weigh AI licensing deals with generative startups, WSJ reports
June 03, 2025 08:43 AM AEST| By InvestingInvesting.com -- Music industry heavyweights are in advanced talks with artificial intelligence startups over licensing agreements that could reshape how artists are paid when their songs are used in
TSX closes higher, remains resilient despite trade tensions
June 03, 2025 07:41 AM AEST| By InvestingIt appeared as if trade tensions are rising between the U.S. and China, following a trade agreement that sent sky-high tariffs between the two nations down. Last week, U.S. Treasury Secretary Scott Be
Snowflake expands AI capabilities with $250 million Crunchy Data deal - WSJ
June 03, 2025 06:45 AM AEST| By InvestingInvesting.com -- Snowflake Inc (NYSE:SNOW) will acquire Crunchy Data for roughly $250 million, according to a report from the Wall Street Journal citing people familiar with the matter, as the cloud d
Tempus AI recovers 15% as Wall Street downplays Spruce Point allegations
June 03, 2025 06:33 AM AEST| By InvestingInvesting.com -- Shares of Tempus AI Inc (NASDAQ:TEM) surged 15% on Monday, recovering some of last week’s sharp losses after a short-seller report from Spruce Point Capital triggered a 13% weekly d
Trump administration seeks best trade offers by Wednesday - Reuters
June 03, 2025 05:09 AM AEST| By InvestingInvesting.com -- The Trump administration is urging countries to present their most favorable trade proposals by Wednesday, according to a report from Reuters, citing a draft letter to negotiating par
Amazon set to expand robotics push to cut labor reliance
June 03, 2025 04:03 AM AEST| By InvestingInvesting.com -- Amazon.com is accelerating its robotics rollout across its fulfillment and delivery operations, a move Bank of America (NYSE:BAC) says could unlock up to $16 billion in annual cost sa
Disney cuts jobs across multiple teams, Variety reports
June 03, 2025 03:51 AM AEST| By InvestingInvesting.com -- Disney (NYSE:DIS) is reportedly doing yet another round of job cuts, laying off several hundred employees worldwide across various teams. As reported by Variety. the layoffs were cond
Goldman Sachs now has a more neutral view on the rail sector
June 03, 2025 01:41 AM AEST| By InvestingInvesting.com -- Goldman Sachs downgraded several rail stocks to Neutral in a note Monday, signaling a shift in its transportation sector outlook in favor of truckload and less-than-truckload (LTL) ca
Jefferies upgrades Rollins on sales hiring surge, sees growth ahead
June 03, 2025 01:25 AM AEST| By InvestingInvesting.com -- Jefferies upgraded pest control firm Rollins Inc (NYSE:ROL) to Buy from Hold and raised its price target to $65 from $55 given a sharp increase in sales hiring that could signal accel
RBC upgrades Osisko to Outperform as Cariboo project advances
June 03, 2025 01:09 AM AEST| By InvestingInvesting.com -- RBC (TSX:RY) Capital Markets has upgraded shares of Osisko (TSX:OSK) Development Corp (TSXV:ODV) to Outperform, citing reduced development risk at its flagship Cariboo project in Brit
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