Market Analysis
HOOD Dips as New Jersey Issues Cease and Desist Orders to Kalshi and Robinhood
New Jersey has issued cease-and-desist orders to Kalshi and Robinhood for unauthorized sports wagering.
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Market Analysis
Merck’s Stock Rises Amid New Cancer Treatment Drug Breakthrough
MSD's new injectable Keytruda formulation offers similar effectiveness to the intravenous version, potentially halving treatment time.
Market Analysis
Rocket Lab (RKLB) Joins Elite Group with $5.6B Space Force Contract
Rocket Lab has secured a key role in the U.S. Space Force's NSSL Phase 3 Lane 1 program, valued at up to $5.6 billion.
Market Analysis
Ubisoft Shares Jump as Tencent Invests $1.25B in New Subsidiary
Ubisoft's stock surged by 11% following a strategic partnership with Tencent, which involves a €1.16 billion investment and the creation of a new gaming subsidiary valued…
Market Analysis
Analysts Believe Tesla is Insulated from New Auto Tariffs
Tesla is grappling with international tariffs and Canada's suspension of electric vehicle rebates though its domestic production offers some protection.
Market Analysis
GM, Ford Shares Dip and TSLA Rises as Trump Follows Through on Auto Tariffs
President Trump announced a 25% tariff on imported automobiles and parts, effective April 2025.
Market Analysis
Jefferies Cuts AMD’s PT to $120 as Nvidia Rivalry Heats Up
AMD faces significant challenges as it struggles to compete with Nvidia's dominance in the AI chip market.
Market Analysis
Tesla’s Stock Struggles as China’s BYD Upstages EV Firm with Revenue
BYD has surpassed Tesla in annual revenue, reporting $107 billion in 2024, thanks to innovations in charging systems and affordable EVs.
Market Analysis
Cognizant’s Stock Gains After Firm Ups Buyback Plan by $2B
Cognizant Technology Solutions is enhancing shareholder value by expanding its share buyback program by $2 billion.
Market Analysis
Tesla’s Stock Dips as European Sales Fall Over 42.6% in February
Tesla's market share in Europe dropped to 1.8% in February 2025 due to increased competition and economic challenges.
Market Analysis
Goldman Sachs Downgrades SMCI Amid AI Challenges
Goldman Sachs has downgraded Super Micro Computer from "Neutral" to "Sell," reducing its price target by $8.
Market Analysis
Gold Prices Drop, USD Gains Amid Change in Tone Over Tariffs
President Trump proposes negotiations with China over global tariffs, indicating a softer-than-expected stance on the trade war.
Market Analysis
Airline Stocks Rebound as Heathrow’s Operations Resume Post Friday’s Outage
Heathrow Airport's 18-hour shutdown due to a nearby electrical substation fire caused global travel disruptions and influenced airline stocks.