Cantor Fitzgerald has reiterated its bullish stance on Nvidia, suggesting that the chipmaker’s meteoric rise may still have room to run. The investment firm raised its price target on Nvidia shares to $300 from $240, implying a potential 59% upside from current levels, while maintaining its overweight rating on the stock. Analyst C.J. Muse highlighted
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Cantor Fitzgerald has reiterated its bullish stance on Nvidia, suggesting that the chipmaker’s meteoric rise may still have room to run. The investment firm raised its price target on Nvidia shares to $300 from $240, implying a potential 59% upside from current levels, while maintaining its overweight rating on the stock. Analyst C.J. Muse highlighted
3KNovo Nordisk said on Thursday it would acquire Akero Therapeutics for up to $5.2 billion in cash, marking a significant push into treatments for fatty liver disease as the Danish drugmaker seeks to broaden its pipeline beyond diabetes and obesity drugs. The deal sent Akero shares up by more than 17% in premarket trading, while
Novo Nordisk said on Thursday it would acquire Akero Therapeutics for up to $5.2 billion in cash, marking a significant push into treatments for fatty liver disease as the Danish drugmaker seeks to broaden its pipeline beyond diabetes and obesity drugs. The deal sent Akero shares up by more than 17% in premarket trading, while
3.8KPepsiCo stock (NASDAQ: PEP) soared in the pre-market trading on Thursday after the company managed to beat Q3 earnings expectations on both revenue and adjusted earnings per share. The global food and beverage giant posted net revenue of $23.94 billion, up around 2.6% from last year, just a bit above what analysts were expecting. Adjusted
PepsiCo stock (NASDAQ: PEP) soared in the pre-market trading on Thursday after the company managed to beat Q3 earnings expectations on both revenue and adjusted earnings per share. The global food and beverage giant posted net revenue of $23.94 billion, up around 2.6% from last year, just a bit above what analysts were expecting. Adjusted
4KThe VanEck Gold Miners ETF (GDX) has been in a relentless bull run this year and is trading at its all-time high. GDX was trading at $80, up by 135% from its January lows and The ETF has jumped in the last ten consecutive weeks, its longest streak on record. This surge has brought its
The VanEck Gold Miners ETF (GDX) has been in a relentless bull run this year and is trading at its all-time high. GDX was trading at $80, up by 135% from its January lows and The ETF has jumped in the last ten consecutive weeks, its longest streak on record. This surge has brought its
2.6KUS stocks edged higher on Thursday, with the S&P 500 and Nasdaq Composite touching new record highs as Wall Street’s upward momentum continued despite the ongoing government shutdown. The S&P 500 rose 0.1%, while the tech-heavy Nasdaq hovered near the flatline. The Dow Jones Industrial Average added 24 points, or 0.1%. Costco shares advanced more
US stocks edged higher on Thursday, with the S&P 500 and Nasdaq Composite touching new record highs as Wall Street’s upward momentum continued despite the ongoing government shutdown. The S&P 500 rose 0.1%, while the tech-heavy Nasdaq hovered near the flatline. The Dow Jones Industrial Average added 24 points, or 0.1%. Costco shares advanced more
2.5KTesla stock fell early Thursday after the US National Highway Traffic Safety Administration (NHTSA) opened an investigation into the company’s Full Self-Driving (FSD) driver-assistance technology, potentially affecting millions of vehicles. The stock was down 1.78% at $430.98 in early trading, while broader US equity indices were largely unchanged. The latest probe comes as Tesla continues
Tesla stock fell early Thursday after the US National Highway Traffic Safety Administration (NHTSA) opened an investigation into the company’s Full Self-Driving (FSD) driver-assistance technology, potentially affecting millions of vehicles. The stock was down 1.78% at $430.98 in early trading, while broader US equity indices were largely unchanged. The latest probe comes as Tesla continues
3.1KShares of AZZ Inc. fell on Thursday after the company reported lower-than-expected fiscal second-quarter results, with sales pressured by weak demand across several of its key end markets. The stock declined 12.1% to intraday low of $92.98, through the stock has regained some of the losses, trading at $101.30 at the time of writing. The
Shares of AZZ Inc. fell on Thursday after the company reported lower-than-expected fiscal second-quarter results, with sales pressured by weak demand across several of its key end markets. The stock declined 12.1% to intraday low of $92.98, through the stock has regained some of the losses, trading at $101.30 at the time of writing. The
2.7KThe S&P 500, Dow Jones, and Nasdaq 100 indices and their exchange-traded funds (ETF) future continued their strong downward trend on Friday. Futures tied to the three indices fell by 60, 275, and 265 points, respectively. This crash is a continuation of what happened on Thursday when they plunged by 0.63%, 0.65%, and 0.50%. Here
The S&P 500, Dow Jones, and Nasdaq 100 indices and their exchange-traded funds (ETF) future continued their strong downward trend on Friday. Futures tied to the three indices fell by 60, 275, and 265 points, respectively. This crash is a continuation of what happened on Thursday when they plunged by 0.63%, 0.65%, and 0.50%. Here
1.5KMan Group (EMG.L) shares rose 2.6% on Friday to their highest level since early April, after the hedge fund reported a 22% increase in assets under management (AUM) to a record $213.9 billion for the year ended September 30. The outcome exceeded market expectations, as Jefferies analysts had predicted a more moderate gain to $201.7
Man Group (EMG.L) shares rose 2.6% on Friday to their highest level since early April, after the hedge fund reported a 22% increase in assets under management (AUM) to a record $213.9 billion for the year ended September 30. The outcome exceeded market expectations, as Jefferies analysts had predicted a more moderate gain to $201.7
3.3KLaos is preparing to disconnect cryptocurrency miners from its national grid by the first quarter of 2026, as per a Reuters report. The government says the move will help redirect valuable electricity to sectors that contribute more directly to long-term economic growth, such as artificial intelligence data centres, metals refining, and electric vehicle manufacturing. The
Laos is preparing to disconnect cryptocurrency miners from its national grid by the first quarter of 2026, as per a Reuters report. The government says the move will help redirect valuable electricity to sectors that contribute more directly to long-term economic growth, such as artificial intelligence data centres, metals refining, and electric vehicle manufacturing. The
