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In case of TikTok ban, Meta, Snap set for significant upside, says Deutsche Bank
December 10, 2024 02:09 AM AEDT| By InvestingInvesting.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
December 10, 2024 01:59 AM AEDT| By InvestingInvesting.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
December 10, 2024 01:39 AM AEDT| By InvestingThis article first appeared in Investing.com
Palantir shares jump on expanded special ops command partnership
December 10, 2024 01:01 AM AEDT| By InvestingThis article first appeared in Investing.com
Apollo Global, Workday higher on S&P 500 inclusion
December 10, 2024 12:55 AM AEDT| By InvestingInvesting.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
December 10, 2024 12:53 AM AEDT| By InvestingInvesting.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'
December 09, 2024 11:45 PM AEDT| By InvestingInvesting.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
December 09, 2024 11:19 PM AEDT| By InvestingInvesting.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
December 09, 2024 10:07 PM AEDT| By InvestingInvesting.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
December 09, 2024 09:27 PM AEDT| By InvestingInvesting.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
December 07, 2024 12:57 PM AEDT| By InvestingSuper 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
December 07, 2024 06:37 AM AEDT| By InvestingInvesting.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
December 07, 2024 05:09 AM AEDT| By InvestingInvesting.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
December 07, 2024 04:49 AM AEDT| By InvestingInvesting.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
December 07, 2024 02:51 AM AEDT| By InvestingInvesting.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
December 07, 2024 02:19 AM AEDT| By InvestingInvesting.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
December 07, 2024 02:17 AM AEDT| By InvestingInvesting.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
December 07, 2024 02:09 AM AEDT| By InvestingInvesting.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
December 07, 2024 01:39 AM AEDT| By InvestingInvesting.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
December 07, 2024 01:33 AM AEDT| By InvestingInvesting.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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