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News Digest /
Alex Vellor
Author: Alex Vellor
04:35am, Thursday, Dec 19, 2024
Nike's Q2 report drops Thursday. Analysts expect a 9% revenue dip as the company unveils fresh guidance and plans for a competitive market shift.
09:26am, Wednesday, Dec 18, 2024
Novo Holdings has acquired Catalent for $16.5 billion, expanding its influence in contract drug manufacturing. This strategic move could enhance revenue growth for Novo Nordisk and present new trading opportunities amid shifting market dynamics.
09:22am, Wednesday, Dec 18, 2024
SandboxAQ raises over $300 million, boosting its valuation to $5.6 billion. Founded by ex-Google chief Eric Schmidt, the startup plans to enhance its engineering team and leverage quantum tech in AI, attracting top investors and partnerships. Traders should watch closely.
09:15am, Wednesday, Dec 18, 2024
Dow faces longest losing streak since 1978, Fed eyes rate cut, and General Mills warns of profit hit amid rising costs and promotions.
09:16am, Tuesday, Dec 17, 2024
Tesla (NASDAQ: TSLA) shares rose 2% pre-market after Mizuho Securities upgraded its rating from 'Neutral' to 'Outperform' and raised the price target to $515. Analyst Vijay Rakesh cites a favorable regulatory environment and strong EV strategy as key growth drivers.
09:06am, Tuesday, Dec 17, 2024
Discover today's biggest U.S. premarket stock movers, including Nvidia, Pfizer, Coinbase, and more. See what's driving these key moves.
04:47am, Tuesday, Dec 17, 2024
Micron (MU) Q1 2025 earnings preview: Analysts predict an 84% revenue surge to $8.72B and EPS of $1.58. Key insights for investors inside.
08:31am, Monday, Dec 16, 2024
Week 51: All eyes are on the FED's rate decision, with investors anticipating another rate cut. Traders will also be watching crucial data on inflation, retail sales, GDP, home sales, and consumer confidence.
07:11am, Monday, Dec 16, 2024
India's trade deficit surged to $37.84 billion in November, far exceeding forecasts of $23.9 billion. While exports rose 2.17%, imports climbed 8.35%, raising concerns for investors and stock traders about economic growth sustainability.
06:39am, Monday, Dec 16, 2024
MicroStrategy (NASDAQ: MSTR) surged 6% premarket after being added to the Nasdaq 100 index. With $44 billion in Bitcoin, its stock has skyrocketed 550% this year, driven by Bitcoin’s surge above $106K. Analysts predict increased buying interest could boost shares further.
05:49am, Monday, Dec 16, 2024
This week, several key companies announce earnings: Micron (MU) on Dec 18, followed by Lennar (LEN) and Lennar Corp (LEN-B). On Dec 19, watch for Accenture (ACN), Nike (NKE), FedEx (FDX), and finally Carnival (CCL) on Dec 20. Key insights ahead!
07:31am, Friday, Dec 13, 2024
Friday Markets: U.S. futures rise after Broadcom's AI-fueled surge, oil sees weekly gains, and the Fed's rate decision next week adds uncertainty for investors.
05:37am, Friday, Dec 13, 2024
Costco's Strong Q1 Earnings Highlight Resilience Amidst High Valuations: Should Traders Take Notice?
Costco (NASDAQ: COST) reports Q1 revenue of $62.15B, up nearly 7%, with EPS at $4.04, exceeding expectations. Despite solid performance, analysts remain cautious due to high valuation. Costco's resilience makes it a key retail stock to watch.
04:02am, Friday, Dec 13, 2024
Investors eye record-high coffee prices driven by Brazil's weather crisis, with experts warning the rally could last years.
