The companies making headlines before the bell include Wolfspeed, Nvidia, Hims & Hers Health, EVgo, Levi Strauss, Constellation Brands, and Stellantis. Here is a breakdown of the news: Wolfspeed: The semiconductor stock fell nearly 5% after Mizuho downgraded it to underperform from neutral, citing
The Asian markets experienced a dramatic start to the week, with Japan's Nikkei 225 index plummeting nearly 5% and China's Shanghai Composite index surging 5.7%. The contrasting performances were largely attributed to the outcome of Japan's Liberal Democratic Party leadership election, which saw for
The Chinese stock market has been on a remarkable journey, with its CSI 300 Index jumping as much as 6.5% on Monday, the largest gain since 2015. This sudden surge marks a significant turnaround for the market, which had lost over 45% of its value from its 2021 high in mid-September. The index has s
Micron Technology, a leading maker of memory and storage solutions, recently reported its fourth fiscal quarter earnings, which sent its stock soaring 15%. This impressive performance exceeded analysts' expectations on both the top and bottom line. But is this surge in stock price justified? Let's d
Sima Sistani, the CEO of WeightWatchers, unexpectedly stepped down from her position after a two-year tenure. During her time at the company, Sistani took a bold step by embracing weight-loss drugs like Ozempic and Wegovy. She believed that incorporating these medications would help the company stay
The Rally in Chinese Stocks: A Cause for Caution? While it is undeniable that the recent rally in Chinese stocks has been impressive, it is essential to approach this situation with a critical and nuanced perspective. The CSI 300 Index has shown significant gains, fueled by government-backed stimul
Qualcomm, the multinational technology giant, is receiving a thumbs-up from a respected analyst. Stacy Rasgon from Bernstein has reaffirmed her Buy rating on the company, with a price target of $240.00, citing the company's impressive financial performance. But what's driving this optimism? First,
Trump Media and Technology Group (NASDAQ: DJT) shares have dropped significantly, wiping out the billions of dollars in paper gains the former US President recorded since December 15, 2023. The company's 59% stake, corresponding to 114.75 million shares, achieved an early lock-up exit last Thursday
The Technology sector is abuzz with excitement as analysts weigh in on International Business Machines (IBM), Salesforce (CRM), and Enfusion (ENFN). Let's dive into the latest opinions from the experts. IBM has been a topic of interest, with Bernstein analyst Toni Sacconaghi maintaining a Hold rati
The stock market is expected to continue its upward trend, with Brian Belski of BMO raising his S&P 500 price target to 6,100. This prediction is based on a combination of factors, including the Federal Reserve's recent rate cut and favorable seasonal data. Belski believes that the market will finis
