RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210. The Wall…
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Category: Stock
Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
Shares of Blackstone BX climbed sharply on Thursday even after the alternative asset manager imposed withdrawal limits on its flagship private credit fund, a move that has unsettled investors across…
DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
Software stocks are staging a strong comeback after a bruising selloff earlier this year, as investors increasingly bet that artificial intelligence will become a growth catalyst for the industry rather…
Oracle stock slips on AI spending concerns, why analysts still see upside
Oracle shares fell on Tuesday as investors focused on the rising costs of artificial intelligence infrastructure. The decline came even as analysts maintained a largely positive outlook on the company’s…
USAR stock rises after unveiling $1.2B rare earth manufacturing hub
USA Rare Earth shares (USAR) rose more than 4% on Tuesday after the company announced plans to build a $1.2 billion magnet manufacturing and refined metals facility in South Carolina.…
Is there any further upside left in HPE stock? Loop Capital explains
Hewlett Packard Enterprise (HPE) shares are up more than 25% this morning after reporting a record Q2 and offering impressive guidance for the full year. Versus its year-to-date low in…
Intel, AMD and Qualcomm slide as Nvidia targets AI PC market with RTX Spark chip
Intel (INTC), AMD, and Qualcomm shares fell on Monday after Nvidia unveiled its new RTX Spark PC chip, designed to run AI agents directly on personal devices. The launch challenges…
SPCE stock price forecast: why Virgin Galactic is soaring and why it may crash
Virgin Galactic (NASDAQ: SPCE) stock has gone parabolic, reaching its highest point since June 2024 as investors piled into space-related companies. SPCE jumped to $8.85, up by over 300% from…
AMC stock jumps as May movie attendance hits highest level since 2019
AMC Entertainment shares surged on Monday after the theater chain reported its strongest May attendance in seven years, adding to signs that the movie exhibition industry is benefiting from a…