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Needham downgrades Apple on weak iPhone cycle, AI lag and overvaluation concerns; share falls
Apple Inc. extended its slide in early trading on Wednesday, after investment firm Needham became the latest to downgrade the stock, citing intensifying concerns over the company’s growth trajectory, position in the artificial intelligence race, and geopolitical headwinds. Shares of the iPhone maker fell 0.6% in premarket trading. The stock has now dropped 19% in […]
- June 04, 2025 06:17 AM PDT
- Invezz
Thor Industries posts strong results but sounds caution for upcoming quarters
[Sun going down at the Rv park] Larry Crain/iStock via Getty Images Shares of Thor Industries (NYSE:THO [https://seekingalpha.com/symbol/THO]) rose as much as 13% in premarket trading on Wednesday aft...
- June 04, 2025 06:09 AM PDT
- EODHD
EU’s 90% Gas Storage Target Likely Out of Reach, BNP Says
European natural-gas prices fell back, and EU countries will likely fall short of the bloc’s 90% storage refilling target despite strong LNG supplies, BNP Paribas said, projecting a 80% capacity stora...
- June 04, 2025 06:09 AM PDT
- EODHD
Arthur J. Gallagher & Co. acquires Wilkins & Associates Insurance Services
[Business mergers and acquisitions concept. Share acquisition, asset business acquisition, amalgamation. Business review and development model. The abbreviation M and A on smart background, copy space...
- June 04, 2025 06:07 AM PDT
- EODHD
Huma joins the global dollar network to advance stablecoin adoption on solana
San Francisco, California, 4th June 2025, Chainwire
- June 04, 2025 06:02 AM PDT
- Invezz
Verizon Business launches Vehicle-to-Everything connected-driving platform with multiple customers
Verizon Communications, Inc. Edge Transportation Exchange is an integrated mobile-network vehicle-to-everything (V2X) communication platform that allows a vehicle to communicate with other connected v...
- June 04, 2025 06:00 AM PDT
- EODHD
Arthur J. Gallagher & Co. Acquires Wilkins & Associates Insurance Services, Inc.
ROLLING MEADOWS, Ill., June 4, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Reno, Nevada-based Wilkins & Associates Insurance Services, Inc. Terms of the transacti...
- June 04, 2025 06:00 AM PDT
- EODHD
Ribbon Communications authorizes $50M share repurchase program
Ribbon Communications (RBBN) has authorized a program to repurchase up to $50M of the company’s common stock, commencing June 5, 2025 and continuing through December 31, 2027. The program may be modif...
- June 04, 2025 05:50 AM PDT
- EODHD
Apple eyes Perplexity as Google search alternative, Bloomberg says
In addition to Samsung’s (SSNLF) potential investment Perplexity, Apple (AAPL) is also interested in cooperating with Perplexity, planning to use technology from the AI startup as an alternative to Go...
- June 04, 2025 05:50 AM PDT
- EODHD
Valkea Resources announces C$3M private placement
* Valkea Resources (TSXV:OZ:CA [https://seekingalpha.com/symbol/OZ:CA]) plans a non-brokered private placement of up to 12M units at C$0.25 each, raising up to C$3M. * Each unit includes one common sh...
- June 04, 2025 05:46 AM PDT
- EODHD