Equities Archives - Page 89 of 1061

3 minute read

Zoom, Snowflake, Intuit Face Short-Term ‘Choppiness,’ But Long-Term Gains Will Follow: JPMorgan

May 20, 2:53 PM

Zoom, Snowflake, Intuit, and Workday have had mixed success. JP Morgan analyst remains optimistic for long-term growth, but expects short-term volatility.

INTU

3 minute read

Dow Falls Over 150 Points; Sohu Posts Q1 Loss

By Avi Kapoor

May 20, 2:31 PM

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 150…

AKTS

2 minute read

Esperion Therapeutics/Otsuka Partnered Cholesterol Drug Shows Effective In Japan Study

By Vandana Singh

May 20, 2:22 PM

Esperion Therapeutics and Otsuka Pharmaceutical report Phase 3 trial results for bempedoic acid in Japan, achieving significant LDL-C reduction in hypercholesterolemia patients. With no serious adverse events, a New Drug Application is planned for late 2024.

ESPR

2 minute read

Nvidia Set For Steady Gains With Software-Centric Shift And Blackwell Transition, Analysts Say

By Anusuya Lahiri

May 20, 2:16 PM

Analysts expect strong performance for Nvidia with improved supply. Morgan Stanley analyst Joe Moore reiterated an Overweight rating on Nvidia with a price target of $1,000.

AMD

2 minute read

What’s Going On With European Airline Ryanair’s Stock Today?

By Lekha Gupta

May 20, 1:34 PM

Ryanair Holdings reported full-year results with 25% revenue growth, 34% net profit increase, and plans for 8% traffic growth in FY25.

2 minute read

Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What’s Driving Markets Monday?

By Piero Cingari

May 20, 1:34 PM

Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.

CCL

1 minute read

BMW Mini Cooper Imports Linked To Banned Chinese Components: Report

By Shivani Kumaresan

May 20, 1:11 PM

Discover the implications: BMW Group's 8,000 Mini Cooper imports to the US flagged for banned Chinese components, sparking scrutiny from the Senate. Learn how the Uyghur Forced Labor Prevention Act (UFLPA) is reshaping supply chains and raising concerns about forced labor practices in China's Xinjiang region.

BMWYY

1 minute read

Why Mesa Air Group Stock Is Soaring Today

By Lekha Gupta

May 20, 12:56 PM

Mesa Air Group, reported Q1 results with lower revenue and adjusted EBITDAR, but improved pilot attrition and agreements with United Airlines.

MESA

2 minute read

Dow To Reach 60,000, S&P 500 To Hit 8,000 By 2030 In Wall Street Veteran’s ‘Roaring 2020s Scenario’

By Piero Cingari

May 20, 12:54 PM

Dow Jones hits 40,000 for the first time ever. Analyst Ed Yardeni forecasts the Dow to reach 60,000 by 2030 and S&P 500 to climb to 8,000. Strong earnings growth fuels optimism.

DIA

2 minute read

Dating App Maker Bumble Acquires Geneva To Enhance Community Focus

By Shivani Kumaresan

May 20, 12:38 PM

Bumble expands its horizon with the acquisition of Geneva, a community-focused app for shared interests. With a mission to foster equitable relationships, Bumble aims to enrich its portfolio, integrating Geneva's group engagement features into its renowned suite of apps.

BMBL