Stock market

RBC on Reddit: Sees early stages of a shift to the ’World Wide Website’
June 04, 2025 12:37 AM AEST| By InvestingInvesting.com -- RBC Capital Markets initiated coverage of Reddit with a Sector Perform rating and a $125 price target, citing both upside potential and risks as the platform navigates a transforming

JP Morgan upgrades Pinterest on engagement gains, attractive valuation
June 04, 2025 12:33 AM AEST| By InvestingInvesting.com -- JP Morgan upgraded Pinterest Inc (NYSE:PINS) to Overweight from Neutral and raised its price target to $40 from $35, citing improved user engagement, monetization gains, and an undema

Desjardins downgrades Canadian energy stocks on bearish oil outlook
June 04, 2025 12:31 AM AEST| By InvestingInvesting.com -- Desjardins Capital Markets downgraded three Canadian oil companies: Imperial Oil Ltd (TSX:IMO), Tamarack Valley Energy Ltd (TSX:TVE), and Whitecap Resources Inc . (TSX:WCP); citing be

Warren Buffett’s Berkshire target cut at UBS on lower investment income
June 04, 2025 12:31 AM AEST| By InvestingInvesting.com -- UBS has trimmed its 12-month price target for Berkshire Hathaway’s Class A shares by about 2%, citing “modestly lower EPS estimates due principally to a lower investment income fo

GSK cut to Hold by Berenberg as investors await proof from upcoming drug launches
June 03, 2025 11:57 PM AEST| By InvestingInvesting.com -- Berenberg has lowered its rating on GSK plc (LON:GSK) to Hold from Buy, a move driven by the stock’s strong year-to-date (YTD) performance and an expected pause in investor enthusia

Evercore upgrades Block on lower lending risk and steady consumer trends
June 03, 2025 11:55 PM AEST| By InvestingInvesting.com -- Evercore ISI upgraded shares of Block Inc to Outperform from In Line citing reduced risk in Cash App lending, solid low-end consumer trends, and promising product and sales execution.

BofA survey shows softer software spending outlook, AI focus shifts
June 03, 2025 11:49 PM AEST| By InvestingInvesting.com -- Software spending growth expectations have softened for the second half of 2025 and into 2026, according to Bank of America’s latest IT spending survey.

German auto industry risks production halts over Chinese rare earth export restric
June 03, 2025 11:27 PM AEST| By InvestingInvesting.com -- Germany’s automobile industry could face production delays and potential outages due to China’s export restrictions on rare earths alloys, mixtures, and magnets, according to a wa

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

Advertise your brand on Kalkine Media