Newsfeeds Archive - Page 3 of 503

2 minute read

EXCLUSIVE: Webuy Global Dives Into Longevity Market with NEONE, Aiming to Revitalize Health Supplement Space

June 13, 8:31 AM

Webuy Global Ltd announced its entry into nutraceutical and longevity markets with NEONE, a premium health supplement brand. NEONE offers high-quality, researched supplements for anti-aging and overall well-being.

WBUY

1 minute read

DraftKings Emerging As A Leader In $35B North American Online Betting Market, Analyst Says

By Anusuya Lahiri

June 12, 1:57 PM

Needham analyst reiterates Buy rating and $60 price target for DraftKings (DKNG), citing its leadership in $35B online gambling market and favorable legislative environment. DKNG has sustainable customer acquisition strategy and potential for higher tax revenue for states.

DKNG

2 minute read

Cloud Should Be An Outsized Growth Driver For Ciena Across Fiscal 2025: Morgan Stanley Analyst

By Anusuya Lahiri

June 12, 1:29 PM

Morgan Stanley upgrades CIEN to Overweight, raises price target to $55. Analyst expects growth potential in 2025 as inventory levels normalize and cloud demand outperforms.

CIEN

1 minute read

Goldman Sachs Analyst Questions Autodesk’s Revenue Growth And Total Addressable Market Targets

By Anusuya Lahiri

June 12, 12:40 PM

Goldman Sachs analyst maintains Sell rating on AutoDesk Inc with lowered price target of $225. Believes company has strong competitive positioning and may achieve 40% operating margins in long term. Concerns about sustainability of FCF due to internal investigation.

ADSK

2 minute read

Apple’s Booming iPhone Base Set to Boost Services and Device Sales, BofA Analyst Forecasts

By Anusuya Lahiri

June 12, 12:27 PM

BofA Securities analyst maintains Buy rating and $230 price target for AAPL, citing growth potential of iPhone installed base and monetization opportunities.

AAPL

2 minute read

News

What’s Going On With Fintech Company Affirm Holdings Stock On Wednesday?

By Anusuya Lahiri

June 12, 12:22 PM

PayPal co-founder Max Levchin's fintech company Affirm partners with Brittain Resorts & Hotels to offer flexible payment options for guests.

AAL

1 minute read

What’s Going On With Nvidia, AMD Stocks On Wednesday?

By Anusuya Lahiri

June 12, 10:59 AM

Nvidia, AMD and other chip companies are up due to AI demand. US plans to extend chip embargo to Russia. TSMC hiring in Europe for new fab.

AMD

2 minute read

Short Seller Citron Closes Short Position In GameStop, Says ‘It Respects Market’s Irrationality’

By Anusuya Lahiri

June 12, 9:45 AM

GameStop's stock has been boosted by its cash balance and return of influential investor Roaring Kitty, but Wedbush is disappointed in lack of revenue initiatives.

GME

2 minute read

What’s Going On With Chinese EV Stocks Nio, Li Auto, XPeng On Wednesday?

By Anusuya Lahiri

June 12, 8:23 AM

Brussels to impose tariffs on Chinese EVs, affecting BYD, SAIC, and Tesla. EU plans up to 25% duties to counter subsidies. Chinese EV stocks drop.

BYDDF

2 minute read

Amazon’s $3.6B Pledge To Create 14K Affordable Homes in Key Metro Areas

By Anusuya Lahiri

June 12, 8:17 AM

Amazon commits $1.4 billion to Housing Equity Fund, creating 14,000 affordable units in Seattle, Nashville, and Washington metro areas. Also invests in Taiwan for cloud services.

AAPL