Grindr shares jump 5% after Morgan Stanley upgrade Grindr stock climbed 5.4% in Wednesday's premarket session. The firm raised its rating from equal-weight to overweight, citing strong monetization potential. Grindr now has exclusively buy-equivalent ratings, ind
Quick Read - SOXX surged 96% year-to-date then shed nearly 8% in one week after Broadcom's softer AI chip forecast and SK Hynix slowed memory expansion. - Unlike SMH's NVIDIA-heavy concentration, SOXX's tilt toward Applied Materials and Micron means equipment booking... nc
Punters on Polymarket are all but certain that Anthropic's valuation will breach $1 trillion by the end of the year. The prediction market puts the odds of a valuation topping $1.1 trillion at 97%, and even the $1.25 trillion threshold at 92%, reflecting how firmly a thirt
It's an age-old question. Should you invest a sizable stash of cash all at once, or space your investments over time (an approach called dollar-cost averaging)? The former risks putting all of your money in at a market high. The latter risks missing out on any upsid
Tech and retail giants report contrasting results ahead of U.S. market open, weighing on futures. Microsoft plans to reduce its workforce, adding to recent tech sector layoffs. The move comes as the company seeks to streamline operations amid slowing growth in cloud and en
Paramount proposes antitrust remedies to address EU concerns over its $110 billion acquisition of Warner Bros Discovery. Paramount Skydance (PSKY) has submitted formal concessions to the European Commission to resolve antitrust issues surrounding its $110 billion takeover
U.S. stock futures show mixed moves ahead of key manufacturing data, with Dow futures down 0.34% before the release. Dow Jones futures fell 0.34% to 52,500 in early trading as investors awaited the ISM Manufacturing PMI report. The decline contrasts with gains in broader m
US equities surged in Q2, with the S&P 500 rising 15% and the Nasdaq 100 climbing 27.5%, marking their strongest quarters in recent history. The S&P 500 and Nasdaq 100 closed Q2 with their strongest performances in years, gaining 14.9% and 27.5%, respectively. The rally ex
The infrastructure services firm priced 19.5M Class A shares, targeting gross proceeds of $312M in its market debut. ITG priced its initial public offering of 19.5M Class A shares at $16 each, raising $312M in gross proceeds. The company specializes in engineering, constru
The index rose 15.2% in Q2, driven by gains in large-cap tech and semiconductors, while breadth remained narrow. The S&P 500 closed Q2 with a 0.79% gain on the final day, capping its strongest quarter since Q2 2020 with a 15.2% total return. Large-cap tech stocks led the a
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