Firefly Aerospace stock sinks 11%: why the IPO highs quickly fizzled
Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week. When the company priced its IPO at $45…
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Under Armour shares tumble 21% as weak demand and $100 million tariff hit darken outlook
Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned that sales would deteriorate further this quarter and that tariff-related…
Why are chip stocks keeping in green despite imminent 100% tariffs threat
US chip stocks are retaining momentum despite the Trump administration’s plans to announce 100% tariffs on imported semiconductors to push tech firms toward domestic manufacturing.The aforementioned plans are part of…
Astera Labs stock climb 30% after blowout Q2 earnings: here’s why momentum could continue
Astera Labs stock (NASDAQ: ALAB) spiked 30% on Wednesday after the company blew past its Q2 numbers and delivered a strong forecast that turned a lot of heads.The San Jose-based…
Three big reasons why Navitas Semiconductor stock is not a buy on post-earnings decline
Navitas Semiconductor Corp (NASDAQ: NVTS) opened more than 20% down on Tuesday after reporting disappointing earnings for its fiscal second quarter.While the company based out of Torrance, California has made…
Is it too late to buy CommScope stock after 80% rally on Amphenol deal?
CommScope Holding Company Inc (NASDAQ: COMM) soared as much as 80% on Monday after announcing a $10.5 billion agreement with Amphenol Corp (NYSE: APH). In a press release this morning,…
Here’s what will affect the Nikkei 225 Index this week
The Nikkei 225 Index pulled back last week as market participants focused on key Japanese earnings and the BoJ interest rate decision. It retreated to a low of ¥40,800, down…
Bank of America picks 5 stocks with post earnings rally potential
Bank of America has spotlighted a range of stocks that it believes offer compelling upside potential following their latest quarterly results. The firm emphasized names across sectors, including technology, consumer…
Reddit shares surge 20% on record profit and strong revenue outlook
Reddit Inc. shares surged on Friday after the company posted its most profitable quarter to date and offered a third-quarter revenue forecast that significantly beat Wall Street expectations. The strong…
JPMorgan adds 1,000 new branches in 7 years as rivals scramble to catch up
JPMorgan Chase has added 1,000 new brick-and-mortar branches in just seven years, outpacing all of its major US banking rivals combined. The move comes as the bank continues to double…