Market Update
In the United States, the futures for the S&P 500 were down by 0.7% and futures for the Dow Jones Industrial Average fell by 0.6%. It's important to note that…
Peloton’s Stock Hits New Record-Low as UBS Slashes Price Target
Investors in Peloton Interactive Inc. faced another blow on Monday, as UBS cut its price target in half due to concerns over the company's subscription outlook. The at-home fitness company…
Reevaluating Arm Holdings: Caution advised before investing in chip-design stock
Arm Holdings, the chip-design company, made a sensational entry into the New York market during its initial public offering. However, industry analysts at Susquehanna Financial Group suggest caution before jumping…
GameStop Corp. Shares Slide Amidst Trading Session
Shares of GameStop Corp. (GME) experienced a decline of 0.17% on Tuesday, settling at $17.52. This downtrend occurred within a rather gloomy trading session for the stock market, with both…
Adobe Stock Surges as AI Integration Gains Traction
Adobe stock has experienced a remarkable surge this year, largely due to the company's focused efforts to incorporate generative artificial intelligence capabilities into its extensive suite of content creation and…
Coinbase Global Stock: A Divorce from Bitcoin?
Coinbase Global stock (ticker: COIN) has experienced a staggering surge in 2023, leaving some analysts wondering if it indicates a separation between bitcoin prices and volumes on the cryptocurrency-exchange platform.…
Nio Inc. Shares Fall Amidst Weakness in China-based Stocks
Shares of Nio Inc. experienced their third consecutive loss on Thursday, dropping to a two-month low, as part of a broad selloff in U.S.-listed stocks of China-based companies. Weak Chinese…
Amazon Stock Poised for Another Strong Month in September
Amazon's stock outperformed the broader market in August, and there are indications that it could do so again this September. A positive month for Amazon would mark its longest winning…
Risks Facing Carvana
Carvana Cos. has experienced a significant rally in its stock this year, but one analyst believes that Wall Street may not be fully assessing the risks ahead for the used-car…
The Influence of Big Tech on the Stock Market
In recent times, a handful of major tech companies have played a significant role in driving the stock market's impressive performance. However, the month of July witnessed an interesting shift,…
Modine Manufacturing Reports Strong First-Quarter Results
Modine Manufacturing, a thermal management solutions provider based in Racine, Wis., saw its shares surge on Thursday following the release of its better-than-expected first-quarter financial results. The stock rose 11.5%…
Microsoft Corp. Shares Experience Minor Drop
Shares of Microsoft Corp. (MSFT) experienced a slight decline of 0.26% on Thursday, closing at $326.66. This drop occurred amidst a challenging trading session for the broader stock market. The…