What happened: Apple (AAPL) stock was on pace for a record close on Wednesday, up nearly 2% to just under $300 per share as tech stocks rebounded from a selloff the previous day. What’s behind the move: Shares have been rising alongside some other Magnificent 7 names in re
Two Wall Street firms initiated coverage on Coinshares and Bioage Labs with Outperform and Buy ratings, setting price targets of $9 and $40 respectively. Keefe, Bruyette & Woods analyst Alex Bond initiated coverage on Coinshares PLC (NASDAQ:CSHR) with an Outperform rating
Alibaba’s $35.28 billion Q4 revenue tops forecasts, driving a 6% surge in shares and lifting broader tech stocks. U.S. equities diverged mid-session Wednesday, with the Nasdaq Composite rising 1.18% to 26,395.66, fueled by Alibaba’s fiscal fourth-quarter results. The Dow J
Server CPU shipments rose 6% quarter-over-quarter Server CPU shipments increased by approximately 6% quarter-over-quarter, outperforming normal seasonal trends. This growth was driven by gains from AMD and Arm, which came at the expense of Intel. Total serv
Earnings Call Insights: American Integrity Insurance Group (AII) Q1 2026 Management View - âBefore we get into the quarter, I want to take a minute to recognize the change to our executive management team⦠Ben Lurie⦠will continue to support us through the transition⦠[and]...
Ford Motor Co (NYSE:F) shares are skyrocketing Wednesday. Morgan Stanley released new research arguing that the company's energy storage ambitions are far more valuable than the market currently recognizes, putting the stock on pace for its best session since March 2020</p
Tech stocks ripped higher on Wednesday despite a sharply hotter-than-expected April Producer Price Index reading that rekindled inflation anxieties and rate-hike fears, as strength in semiconductors fueled investor sentiment. Nvidia Corp. (NASDAQ:NVDA) rallied for the sixt
An outbreak of the hantavirus on a cruise ship recently sparked a bit of a rally in the pharmaceutical and biotech industries. While no one hopes this will become a global health crisis, if it does, those companies that develop and market effective vaccines for the hantavi
Metaplanet reported a first-quarter loss of $725 million (¥114.5 billion) on Wednesday, a sharp widening driven by a decrease in the value of its Bitcoin holdings. The firm posted a $31 million (¥5 billion) loss a year ago During the period ended March 31, the Tokyo
Hapag-Lloyd CEO Rolf Habben Jansen was blunt in his assessment of the ocean carrier’s first quarter during a Wednesday earnings call, saying the liner had an “unsatisfactory” start to the year due to escalating costs stemming from the war in Iran. According to the carrier,
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