Rosenblatt Securities Raises Apple Price Target to $300 From $276
Rosenblatt Securities raised its price target for Apple to $300 from $276, CLS reported July 31.
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View allRosenblatt Securities Raises Apple Price Target to $300 From $276
Rosenblatt Securities raised its price target for Apple to $300 from $276, CLS reported July 31.
Monness Crespi Hardt Raises Amazon Price Target to $330 From $315
Monness Crespi Hardt raised its price target for Amazon stock to $330 from $315, according to CLS. The source does not provide a reliable year for the July 31 event date.
Jefferies cuts Apple price target to $285.56 from $308.92
Jefferies lowered its price target for Apple to $285.56 from $308.92, CLS reported on July 31.
Bernstein cuts Walmart price target to $142 from $145
Bernstein lowered its price target for Walmart to $142 from $145, according to CLS.
Novo Nordisk Falls More Than 8% Premarket After Ziltivekimab Shows No Significant MACE-Risk Reduction vs. Placebo
Novo Nordisk shares fell more than 8% in premarket trading after the company said its anti-inflammatory drug Ziltivekimab showed no significant difference from placebo in reducing the risk of major adverse cardiovascular events, or MACE.
Novo Nordisk Shares Plunge More Than 10% Premarket After ZEUS Phase III Update
CLS reported on July 31 that Novo Nordisk shares plunged more than 10% in U.S. premarket trading after the company released the latest update on its ZEUS Phase III clinical trial.
Chevron’s Second-Quarter Revenue and Other Income Beat Estimates
CLS reported on July 31 that Chevron’s second-quarter revenue and other income totaled $70.06 billion, compared with an estimate of $67.93 billion. Chevron’s adjusted second-quarter earnings per share were $6.06, versus the market expectation of $5.65.
Wall Street Races to Launch Space X-Linked Products as Shares Swing Sharply
As SpaceX shares have fallen sharply, Wall Street is accelerating the launch of complex investment products linked to the stock. The products are marketed as ways for investors to limit the risk of further declines. Regulatory filings show that at least five f…
Analysis & data
View allCoinbase Revenue Falls 19% as It Renews Circle Partnership
Coinbase shares fell 5.6% in premarket trading. The cryptocurrency trading platform said second-quarter revenue fell 19% year over year to $1.2 billion, marking the third consecutive quarter of decline. Chief Executive Brian Armstrong said the company will ren…
South Korean Stocks Post Their Biggest Daily Rebound on Record, Ending a Black July
South Korean stocks staged their biggest rebound on record on Friday, bringing a tumultuous “Black July” to a close. The KOSPI index surged 17.91% at the close, its largest single-day gain in history. SK hynix hit the 30% daily price limit for the first time i…
China Extends Anti-Dumping Investigation Into Pea Starch Imports From Canada
China's Ministry of Commerce said it has extended the investigation period for an anti-dumping case involving imported pea starch originating in Canada to Feb. 12, 2027. Under China's Anti-Dumping Regulations, the ministry opened the investigation on Aug. 12,…
Stocks Linked to Former Open AI Researcher’s AI Bet Extend Premarket Rebound
Stocks that Leopold Aschenbrenner, a former OpenAI researcher dubbed the “25-year-old AI stock god,” was reportedly forced to liquidate after making highly leveraged bets on the artificial-intelligence sector continued to rebound in premarket trading, accordin…
Amazon Jumps 12% in Premarket Trading, Leading Seven U.S. Tech Giants
Amazon jumped 12% in premarket trading, leading the seven major U.S. technology stocks, according to the source headline.
Kioxia posts an earnings miss after its stock price is cut in half
Kioxia released its quarterly results for April through June on Friday afternoon, reporting weaker-than-expected performance that suggests the artificial-intelligence-driven surge in flash-memory prices may be losing momentum. Revenue for the quarter ended in…
China urges U.S. to stop threatening Cuba with force
Chinese Foreign Ministry spokesperson Mao Ning said at a regular press briefing on July 31 that China had noted reports that the United States was preparing a military action plan for Cuba. "China has stated its position on this issue several times," Mao said.…
RBC Raises Amazon Price Target to $330
Royal Bank of Canada raised its price target for Amazon from $320 to $330.
Tesla reportedly considers spinning off China business ahead of potential Space X merger; Beijing responds
Tesla is considering spinning off its China business to pave the way for a potential merger with SpaceX, The Wall Street Journal reported. A Reuters reporter asked Chinese Foreign Ministry spokesperson Mao Ning on July 31 for Beijing’s response to the report d…