Palantir stock tanks 7% on Tuesday: here’s why it may take time to rebound
Palantir stock (NASDAQ: PLTR) fell 7% on Tuesday, extending a slide that has stretched through most of the past week. The stock had hit a record $190 on August 12,…
Stock
158 posts
Tariffs and competition drive Chinese EV manufacturing beyond borders
Chinese electric vehicle (EV) manufacturers are intensifying their competition with Tesla and other international automakers by significantly increasing their investments in overseas factories.A recent report from US-based consulting firm Rhodium…
Circle stock price analysis: can CRCL crash to $100?
Circle stock price has crashed and erased about 50% of its value in the past few weeks as the momentum waned and valuation concerns remained. CRCL plunged to a low…
Trump-Putin meeting ends with secret ‘sticking points’ and a warning to Ukraine
The world watched, holding its breath, as two of its most powerful leaders met on American soil to chart a path out of a brutal war. But after a marathon…
Buffett’s $1.6 bn bet lifts UnitedHealth to 16-yr high, but analysts urge caution before buying
UnitedHealth Group shares surged more than 11% in Friday trading, on track for their strongest single-day performance since 2009, after a regulatory filing revealed Warren Buffett’s Berkshire Hathaway had quietly…
Coherent shares plunge over 20% on margin miss and growth concerns
Shares of semiconductor manufacturer Coherent (NYSE: COHR) fell more than 22% on Thursday after the company’s fiscal fourth-quarter non-GAAP operating margin came in at 18.0%, narrowly missing the FactSet consensus…
Why post-earnings decline in CoreWeave stock is justified and what comes next
CoreWeave Inc (NASDAQ: CRWV) posted market-beating second-quarter revenue and cash flow, driven mostly by accelerated graphics processing unit (GPU) deployment on Wednesday.The Livingston-headquartered firm also issued encouraging guidance on AI…
On Holding shares jump 10% after strong Q2 sales beat and upgraded outlook
On Holding (NYSE:ONON) shares rose around 10% on Tuesday after the Switzerland-based sportswear company reported second-quarter results that exceeded analyst forecasts and raised its full-year guidance.Net sales increased 32% year-over-year…
ZIM Integrated may soon become a private firm: is it too late to buy ZIM stock?
ZIM Integrated Shipping Services Ltd (NYSE: ZIM) soared well over 15% on Monday following reports that its chief executive, Eli Glickman, has initiated an effort to take the company private.According…
Hang Seng stocks to watch: Tencent, Alibaba, JD, NetEase and more
The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023…