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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
06:09am, Tuesday, Jan 07, 2025
Foxconn (TWSE: 2317) exceeds Q4 revenue expectations with T$2.13 trillion, up 15.2%, fueled by AI server demand. Despite stagnant growth in smart consumer electronics, shares rose 76% last year. Investors await more insights on March 14.
05:58am, Tuesday, Jan 07, 2025
Nvidia (NASDAQ: NVDA) has unveiled innovative products in robotics, gaming, and automotive tech, aiming to reduce costs and enhance experiences. Its new RTX 50 gaming chips promise lifelike graphics, while Project DIGITS targets developers. Nvidia's stock hit a record $149.43, raising its valuati...
02:57am, Tuesday, Jan 07, 2025
Disney has merged its Hulu + Live TV with FuboTV, acquiring a 70% stake in the sports streaming platform. This move enhances Disney's position in the live streaming sector while offering Fubo stability post-antitrust legal challenges. Traders should monitor upcoming developments.
03:27am, Monday, Jan 06, 2025
BMO has initiated coverage of Primo Brands (NYSE: PRMB) with an Outperform rating and a price target of $40, suggesting nearly 30% upside from $31.07. Strong growth in adjusted EBITDA and revenue driven by its water brands positions Primo as a compelling investment opportunity.
03:23am, Monday, Jan 06, 2025
Nippon Steel's $14.9B acquisition of U.S. Steel was blocked by President Biden, leading to slight stock declines amidst a broader market drop. Analysts suggest a reevaluation of growth strategies, while some anticipate a potential short-term recovery.
03:18am, Monday, Jan 06, 2025
Xpeng (NYSE: XPEV) sees a stock surge after expanding its partnership with Volkswagen to establish a vast EV charging network in China. With plans for over 20,000 stations, this collaboration could significantly boost EV adoption, enhancing both companies' market positions.
07:38am, Tuesday, Dec 31, 2024
Bitcoin sees a slight increase to $94,545 but faces its first monthly decline since August amid market volatility. Influenced by the Fed's hawkish stance, associated stocks like MicroStrategy and Coinbase also drop, while analysts predict better prospects for Ether by 2025.
08:35am, Monday, Dec 30, 2024
U.S. stock futures dipped slightly as 2024 approaches. Boeing fell 3.4% after a tragic crash, while Apple and Tesla dropped 1.1% and 2.4%, respectively. American Airlines gained 0.2% following an upgrade from Raymond James. Traders should stay alert to these shifts.
07:39am, Monday, Dec 23, 2024
Starbucks (NASDAQ: SBUX) extends its labor strike to four more U.S. cities, including New York, as workers demand substantial wage increases. With potential disruptions during the holiday season, traders should monitor the evolving situation for impacts on sales and stock performance.
07:05am, Friday, Dec 20, 2024
Nike (NYSE: NKE) faces challenges under new CEO Elliott Hill, who aims to refocus the brand on its sports roots amid expected revenue declines. With a stock drop of nearly 50% over three years, investors watch for a turnaround as Hill prioritizes premium offerings and a shift from fashion entangl...
07:17am, Wednesday, Dec 18, 2024
Birkenstock (NYSE: BIRK) exceeded Q4 revenue forecasts at €455.8 million, driven by strong full-price sales in the U.S. and Asia. However, its fiscal 2025 growth outlook fell short of expectations, causing some premarket turbulence. Investors should tread carefully.
03:22am, Wednesday, Dec 18, 2024
Kioxia's shares soared 14% on their IPO debut, valuing the semiconductor firm at ¥890 billion ($5.8 billion). The company raised ¥120 billion, marking Japan’s third-largest IPO this year amid rising investor interest in new offerings.
03:07am, Wednesday, Dec 18, 2024
Negotiations between Volkswagen (ETR: VOWG_p) and labor unions are intensifying as they address potential cuts in German operations. Traders should monitor developments closely, as the outcome could impact Volkswagen's stock performance and 2024 outlook.
02:46am, Wednesday, Dec 18, 2024
The Federal Reserve is set to announce a potential "hawkish cut" in borrowing costs, reducing the benchmark rate to 4.25%-4.50%. Analysts debate the pace of future cuts amid low inflation and economic growth under President-elect Trump. Stay tuned for updates.
