Stock market

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

Best Buy, Wayfair added to positive catalyst watch at JPMorgan
June 03, 2025 01:01 AM AEST| By InvestingInvesting.com -- JPMorgan has added Best Buy (NYSE:BBY) and Wayfair (NYSE:W) to its Positive Catalyst Watch, citing improving sales trends, attractive valuations, and tariff-related risk that appears

Closed Newark runway reopens ahead of schedule after renovations
June 03, 2025 12:57 AM AEST| By InvestingInvesting.com -- Newark Liberty International Airport is set to reopen one of its runways on Monday, following months of repair work, according to officials. The runway is reopening 13 days ahead of t

TSX mixed amid reignited trade fears
June 03, 2025 12:51 AM AEST| By InvestingIt seems 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 Besse

RBC upgrades Church & Dwight given conservative guidance and Touchland deal
June 03, 2025 12:51 AM AEST| By InvestingInvesting.com -- RBC Capital Markets upgraded Church&Dwight (NYSE:CHD) to Outperform from Sector Perform and raised its price target to $114 from $100, saying recent underperformance creates an attrac

Tariffs, turmoil, and the VIX: How April 2025 compares to past crises?
June 03, 2025 12:47 AM AEST| By InvestingInvesting.com -- The surge in market volatility during April’s tariff-driven panic may have felt extreme, but according to OptionMetrics, it pales in comparison to previous financial crises, at leas

BTIG upgrades Doximity saying pullback on macro fears overdone
June 03, 2025 12:17 AM AEST| By InvestingInvesting.com -- BTIG upgraded Doximity Inc (NYSE:DOCS) to Buy from Neutral and set a price target of $80, saying recent macro concerns are overstated and demand for the company’s digital pharma sal

CAE taps Northrop Grumman’s Matthew Bromberg as new CEO
June 03, 2025 12:11 AM AEST| By InvestingInvesting.com -- Canadian aviation and defense technology firm CAE (NYSE:CAE) announced on Monday that it has picked Matthew Bromberg, a senior executive from Northrop Grumman (NYSE:NOC), as its new c

Alphabet stock falls on monopoly case uncertainties
June 02, 2025 11:53 PM AEST| By InvestingInvesting.com -- Shares of Alphabet Inc. (NASDAQ:GOOGL) fell 2% as the outcome of a federal antitrust case remains uncertain. During a recent hearing, U.S. District Judge Amit Mehta indicated he might

What is the real risk to stocks from elevated bond yields
June 02, 2025 11:49 PM AEST| By InvestingInvesting.com -- Goldman Sachs said trade-related legal developments drove the S&P 500’s recent 2% gain, but investor focus is shifting to the potential risks posed by rising bond yields.

Bernstein downgrades Charter as it sees limited upside after strong rally
June 02, 2025 11:43 PM AEST| By InvestingInvesting.com -- Bernstein downgraded Charter Communications (NASDAQ:CHTR) to Market-Perform from Outperform saying the stock has largely priced in near-term positives after the rally and now offers l

Truist initiates coverage on Payments/FinTech stocks
June 02, 2025 11:27 PM AEST| By InvestingInvesting.com -- Truist Securities initiated coverage on the Payments and FinTech sector with a mixed outlook, assigning 7 Buy ratings, 7 Hold, and 3 Sell ratings.

Goldman says hedge funds are buying U.S. tech stocks at fastest pace in a decade
June 02, 2025 11:23 PM AEST| By InvestingInvesting.com -- U.S. hedge funds have been buying equities for four consecutive weeks, with the last week’s long buying in dollar terms being the largest since November, according to Goldman Sachs

Advertise your brand on Kalkine Media