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Why Citi is still backing Applied Materials after the rally
TheStreet63d agobullish
Why Citi is still backing Applied Materials after the rally

I've been tracking the semiconductor equipment trade for a while now, and there's a pattern I keep noticing. Every time I think the artificial intelligence (AI) infrastructure story has been fully priced in, another analyst note lands, reframing the whole thesis. Citi's latest call on Applied ...

Moderna (MRNA) Soars 11% Ahead of Investor Day
Insider Monkey64d agobullish
Moderna (MRNA) Soars 11% Ahead of Investor Day

Moderna Inc. (NASDAQ:MRNA) is one of the 10 Stocks Making Investors Richer. Moderna extended its winning streak to a fifth consecutive day on Wednesday, climbing 11.55 percent to end at $61.80 apiece, as investors loaded their portfolios ahead of its Investor Day. In a notice, Moderna Inc. (NASDAQ:MRNA) said that it will host an Investor […]

Robinhood (HOOD) Jumps 8.78% on Corporate Restructuring
Insider Monkey64d agobullish
Robinhood (HOOD) Jumps 8.78% on Corporate Restructuring

Robinhood Markets Inc. (NASDAQ:HOOD) is one of the 10 Stocks Making Investors Richer. Robinhood Markets surged by 8.78 percent on Wednesday to end at $105.20 apiece, as investors took heart from a new corporate restructuring that would see the reduction of its workforce by 10 percent. In a regulatory filing, Robinhood Markets Inc. (NASDAQ:HOOD) said […]

Wolfspeed (WOLF) Jumps 8% After Steep Fall
Insider Monkey64d agobullish
Wolfspeed (WOLF) Jumps 8% After Steep Fall

Wolfspeed Inc. (NYSE:WOLF) is one of the 10 Stocks Making Investors Richer. Wolfspeed saw its share prices climb by 8.20 percent on Wednesday to close at $48.69 apiece, as investors resorted to bargain-hunting after a steep fall this month alone. Since the start of June, Wolfspeed Inc. (NYSE:WOLF) has already seen its stock price dwindle […]

Gordon Haskett Reiterates Buy on Target (TGT), Sees Turnaround Gaining Credibility
Insider Monkey64d agobullish
Gordon Haskett Reiterates Buy on Target (TGT), Sees Turnaround Gaining Credibility

With a free cash flow yield of 5.01%, Target Corporation (NYSE:TGT) is included among the 12 Stocks From Companies Generating High Cash Flow. On June 11, Gordon Haskett maintained its Buy rating on Target Corporation (NYSE:TGT) and kept its $160 price target. Following a meeting with senior leadership, the firm said Target’s turnaround efforts appear […]

Why Are Robinhood (HOOD) Shares Soaring Today
StockStory64d agobullish
Why Are Robinhood (HOOD) Shares Soaring Today

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 12.4% in the afternoon session after the company announced it was cutting 10% of its workforce, a move investors read as a margin improvement signal that arrived at precisely the right moment in the company's revenue recovery.

Reuters64d agobullish
Rumble rebrands to RUM Group after Northern Data buyout

Rumble, which hosts U.S. President Donald Trump's Truth Social platform, ‌said it would begin operating ‌as 'RUM Group' and oversee a new AI-focused business unit ​in addition to its existing video platform. The move, announced on Wednesday and effective from June 18, comes after the company closed ‌its acquisition of ⁠German AI cloud company Northern Data. Here are some details: • Rumble shares ⁠jumped about 8% in extended trading.

Dealmaking 3: Knicks Stock Surges 101%, PGA Tour’s Australia Bet & NBA Finals Goes Viral
CorpGov.com64d agobullish
Dealmaking 3: Knicks Stock Surges 101%, PGA Tour’s Australia Bet & NBA Finals Goes Viral

This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow breaks down three deals shaping the business of sports. MSG Sports stock has surged 101% over the past year as the Knicks won the NBA Finals for the first time since 1973, with the Dolan family now exploring a split of the Knicks and […] The post Dealmaking 3: Knicks Stock Surges 101%, PGA Tour’s Australia Bet & NBA Finals Goes Viral appeared first on CorpGov.

Ferrari nudges buyers toward mid-six-figure Luce EV
Yahoo Finance Video64d agobullishVIDEO
Ferrari nudges buyers toward mid-six-figure Luce EV

Yahoo Finance Senior Autos Reporter Pras Subramanian explains why Ferrari (RACE) is steering customers toward its new mid-six-figure Luce EV and what the push says about the luxury automaker’s electric future.