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 In case of TikTok ban, Meta, Snap set for significant upside, says Deutsche Bank

In case of TikTok ban, Meta, Snap set for significant upside, says Deutsche Bank

December 10, 2024 02:09 AM AEDT| By Investing

Investing.com -- In case TikTok is banned in the United States, it could drive significant gains for rivals Meta Platforms (NASDAQ:META) and Snap Inc (NYSE:SNAP), according to a Deutsche Bank (ETR:DBK

 MicroStrategy buys more bitcoin

MicroStrategy buys more bitcoin

December 10, 2024 01:59 AM AEDT| By Investing

Investing.com -- MicroStrategy Inc. revealed Monday that it has increased its Bitcoin holdings, acquiring approximately 21,550 Bitcoins for $2.1 billion between December 2 and December 8, 2024.

 Morgan Stanley upgrades Reddit, forecasts strong revenue growth

Morgan Stanley upgrades Reddit, forecasts strong revenue growth

December 10, 2024 01:39 AM AEDT| By Investing

This article first appeared in Investing.com

 Palantir shares jump on expanded special ops command partnership

Palantir shares jump on expanded special ops command partnership

December 10, 2024 01:01 AM AEDT| By Investing

This article first appeared in Investing.com

 Apollo Global, Workday higher on S&P 500 inclusion

Apollo Global, Workday higher on S&P 500 inclusion

December 10, 2024 12:55 AM AEDT| By Investing

Investing.com -- Shares of Apollo Global Management (NYSE:APO) and Workday (NASDAQ:WDAY) rose Monday after it was revealed the companies are set to join the S&P 500, replacing Qorvo (NASDAQ:QRVO) and

 Macy's stock leaps on report activist investor pushing for changes

Macy's stock leaps on report activist investor pushing for changes

December 10, 2024 12:53 AM AEDT| By Investing

Investing.com -- Activist investor Barington Capital has taken a stake in Macy’s Inc (NYSE:M) and is advocating for strategic changes to revitalize the retailer’s struggling stock. Among its propo

 Deutsche Bank names Tesla stock 'a key idea for 2025'

Deutsche Bank names Tesla stock 'a key idea for 2025'

December 09, 2024 11:45 PM AEDT| By Investing

Investing.com -- Deutsche Bank highlighted Tesla (NASDAQ:TSLA) as one of its top picks for 2025 in a note Monday, citing its leadership in autonomous driving technology and its ability to withstand in

 AMD stock slides as BofA cuts to Neutral on 2025 downside risks to expecations

AMD stock slides as BofA cuts to Neutral on 2025 downside risks to expecations

December 09, 2024 11:19 PM AEDT| By Investing

Investing.com -- Bank of America downgraded Advanced Micro Devices (NASDAQ:AMD) to Neutral from Buy in a research note on Monday, citing downside risks to its 2025 outlook.

 Interpublic shares jump after WSJ reports Omnicom is set to buy peer

Interpublic shares jump after WSJ reports Omnicom is set to buy peer

December 09, 2024 10:07 PM AEDT| By Investing

Investing.com -- Omnicom Group Inc (NYSE:OMC) is reportedly in advanced discussions to acquire Interpublic Group (NYSE:IPG) in an all-stock transaction valued between $13 billion and $14 billion, excl

 Super Micro Computer stock jumps after Nasdaq extension on listing rules

Super Micro Computer stock jumps after Nasdaq extension on listing rules

December 09, 2024 09:27 PM AEDT| By Investing

Investing.com -- Super Micro Computer (NASDAQ:SMCI) announced on Friday that it has received an extension from Nasdaq, giving the company until February to resolve its compliance issues and maintain i

 Super Micro stock jumps after Nasdaq grants filing extension

Super Micro stock jumps after Nasdaq grants filing extension

December 07, 2024 12:57 PM AEDT| By Investing

Super Micro Computer Inc (NASDAQ:SMCI) shares jumped 9% after-hours Friday after the company announced that it had been granted an extension by the Nasdaq Stock Market to submit its overdue financial

 DraftKings lower after senators seek antitrust probe

DraftKings lower after senators seek antitrust probe

December 07, 2024 06:37 AM AEDT| By Investing

Investing.com -- Senators Mike Lee and Peter Welch urged Federal Trade Commission and Dept of Justice to investigate DraftKings Inc (NASDAQ:DKNG) and FanDuel on concerns that both online betting platf

 Meme stock AMC down after deal with Goldman to sell up to 50 mln shares

Meme stock AMC down after deal with Goldman to sell up to 50 mln shares

December 07, 2024 05:09 AM AEDT| By Investing

Investing.com -- AMC Entertainment Holdings Inc (NYSE:AMC) shares slumped 10% at $4.7 on Friday after movie theatre chain entered an agreement with Goldman Sachs Group (NYSE:GS) to sell 50 million sha

 Qualcomm shares down after report of Apple’s in-house modem debut

Qualcomm shares down after report of Apple’s in-house modem debut

December 07, 2024 04:49 AM AEDT| By Investing

Investing.com -- Qualcomm Incorporated (NASDAQ:QCOM) shares were down ~1% at $159 after Bloomberg news reported that Apple Inc (NASDAQ:AAPL) plans to debut its in-house modem system by next spring, st

 Shopify upgraded to ‘buy' as AI initiatives drive growth and efficiency

Shopify upgraded to ‘buy' as AI initiatives drive growth and efficiency

December 07, 2024 02:51 AM AEDT| By Investing

Investing.com -- Loop Capital upgraded Shopify Inc (NYSE:SHOP) to "buy" from "hold," citing the company's strategic use of artificial intelligence (AI) to boost merchant tools and streamline internal

 Abercrombie & Fitch turnaround has 'increasing traction' says Raymond James

Abercrombie & Fitch turnaround has 'increasing traction' says Raymond James

December 07, 2024 02:19 AM AEDT| By Investing

Investing.com -- On Friday, Raymond (NS:RYMD) James initiated coverage on Abercrombie&Fitch with an Outperform rating and a $180 price target, citing substantial progress in the company's ongoing tran

 Citi raises Hewlett Packard Enterprise on AI momentum

Citi raises Hewlett Packard Enterprise on AI momentum

December 07, 2024 02:17 AM AEDT| By Investing

Investing.com -- Citi analysts upgraded Hewlett Packard Enterprise (NYSE:HPE) to Buy from Neutral on Friday, citing robust AI-driven growth and improving fundamentals.

 UBS downgrades XPeng to ‘sell’ as EV momentum overly priced in

UBS downgrades XPeng to ‘sell’ as EV momentum overly priced in

December 07, 2024 02:09 AM AEDT| By Investing

Investing.com -- UBS on Friday downgraded Xpeng Inc (NYSE:XPEV) to “sell” from “neutral” as it views the stock’s rally has overextended and downside risks are not fully reflected in the curr

 Robinhood gains retail crypto mkt share from Coinbase

Robinhood gains retail crypto mkt share from Coinbase

December 07, 2024 01:39 AM AEDT| By Investing

Investing.com -- Robinhood Markets (NASDAQ:HOOD) is gaining market share in retail cryptocurrency trading from rival Coinbase (NASDAQ:COIN) amid the Bitcoin rally to $100,000, which has driven trading

 Raymond James' survey of media usage adds to never-stronger Netflix bull case

Raymond James' survey of media usage adds to never-stronger Netflix bull case

December 07, 2024 01:33 AM AEDT| By Investing

Investing.com -- Netflix (NASDAQ:NFLX)'s dominant position in the streaming landscape continues to strengthen, Raymond (NS:RYMD) James revealed in its 16th Semi-Annual Media Usage Survey.

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