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Investing.com -- Citi upgraded Knight-Swift Transportation and Saia to Buy and Old Dominion Freight Line to Neutral in a note Thursday, reversing recent downgrades after a pullback in trucking stock prices created sufficient upside to justify the rating changes.
AstraZeneca and Ionis Pharmaceuticals shares are down roughly 8% and 20%, respectively, after the drugmakers said their heart therapy Wainua failed in a late-stage trial. The companies pointed to a smaller group of patients in the trial to show some potential for the drug: Patients who weren’t already taking either Pfizer or BridgeBio’s drug for this condition saw a relative risk reduction in major heart problems or deaths.
If you have ever caught yourself doom scrolling on Instagram or Facebook for hours on end and felt bad, don't; the technology is working exactly how it was intended to. Everything from the length and style of the Reels to the algorithms' encyclopedic knowledge of your likes and dislikes is designed ...
SpaceX shares fell 8% after Nasdaq 100 inclusion as Grok's market share slipped, while Tesla dropped 7% despite a delivery beat, reflecting fading AI-driven valuation premiums.
PepsiCo stock was falling Thursday after the soft drinks and snacks maker said it had lost market share in North America, overshadowing a second-quarter earnings beat. The maker of Lay’s, Doritos, Pepsi, and Gatorade reported an adjusted profit of $2.20 a share for the second quarter, as revenue climbed 6.4% from a year ago to $24.18 billion. Analysts were expecting adjusted earnings of $2.19 a share on revenue of $23.95 billion, according to a FactSet poll.
Investing.com -- Paramount Skydance shares fell 8% Thursday after Arete Research downgraded the media company to sell from neutral and slashed its price target to $2, a Street low, citing concerns about the debt burden from its planned merger with Warner Bros. Discovery.
Ford will release its Q2 earnings report later this month, and analysts forecast a single-digit decline in the bottom line.
Amgen trades at $365.22 per share and has stayed right on track with the overall market, gaining 12% over the last six months. At the same time, the S&P 500 has returned 7.7%.
Initial Claims came in at +215K, right where they were a week ago, and Continuing Claims also came in precisely where last week's original print did: +1.814 million.
Investing.com -- Federal Reserve Bank of New York President John Williams said today he does not expect a sustained rise in energy prices for the rest of the year, despite renewed conflict in the Middle East.
David Joyner’s assurances, which come about a month before CVS is scheduled to report its second quarter results, will likely be welcomed by investors wary after a difficult few years for insurers.
Cigna is scheduled to post its second-quarter results later this month, and analysts project a single-digit earnings growth.
Limbach has been treading water for the past six months, recording a small loss of 1.9% while holding steady at $77.06. The stock also fell short of the S&P 500’s 7.7% gain during that period.
Huntington Ingalls is set to announce its second-quarter earnings soon, and Wall Street expects a low single-digit decline in its profit.
July 9 (Reuters) - Meta Platforms on Thursday released long-awaited developer access to its Muse Spark AI model alongside an upgraded version, pitting it directly against the business models of
With PepsiCo (NASDAQ:PEP) set to report Q2 2026 earnings before the market opens on July 9, 2026, investors are asking whether to buy the beverage and snacks giant ahead of the earnings report. Our 24/7 Wall St. price target for PepsiCo is $171.20, implying 18.09% upside from $144.98. Our recommendation is a buy, with a ... PepsiCo Price Prediction: Is The Stock a Buy Before Earnings?
The project is expected to increase MARA's total power capacity to about 4.8 GW upon full energization, including the pending Long Ridge acquisition.
PepsiCo (PEP) stock slides in Thursday's pre-market after the food company's second quarter earnings results illustrated how Americans are cutting back on snacking amid inflationary pressures. Yahoo Finance Senior Reporters Pras Subramanian and Brooke DiPalma sit down with Monetary Matters Network co-founder Jack Farley to talk about the earnings release and the state of the US consumer.
July 9 (Reuters) - The S&P 500 and the Nasdaq edged higher at the open on Thursday, as gains in chip stocks helped offset renewed geopolitical jitters after fresh exchange of attacks threatened to
More geopolitical instability, more frequent supply shocks and macro volatility are facing investors in an era that’s just starting, says Charles Schwab.
According to Koyfin data, the consensus revenue estimate for Delta Air Lines stands at $18.85 billion, and adjusted earnings per share are expected to be $1.50.
(Bloomberg) -- SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Sec
Investing.com -- Bernstein revealed in a note on Thursday that it has downgraded Salesforce.com to Sector Weight from Outperform, removing its price target and citing weak customer feedback on the company's Agentforce artificial intelligence product.
Investing.com -- Hedge funds have suffered losses across long-short strategies as the artificial intelligence and momentum trade that has dominated much of 2026 reversed since June 22, according to Goldman Sachs' Prime desk.
Monolithic Power Systems will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
As the world's largest supplier of semiconductor manufacturing equipment, Applied Materials stands as the most direct public-market beneficiary of any sustained expansion in chipmaker capital spending. The company carries a market capitalization of approximately $453 billion, and its prior session close of $570.50 already reflected a one-year gain of 188% from its 52-week low of $154.47.
(Bloomberg) -- More money managers and dealers are about to get their hands on pieces of the largest private credit deal on record — when a chunk of a $35 billion financing package for Broadcom Inc. and Anthropic PBC’s AI infrastructure expansion begins trading.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches
Xylem will release its second-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.
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