Stock Research

Shares of Snap Inc. rose sharply on Monday, as a combination of an analyst upgrade, restructuring plans, and improving revenue outlook boosted investor sentiment. The stock jumped as much as 8.39% trading after Rothschild Redburn upgraded Snap to Buy from Neutral and doubled its price target to $10 from $5. With shares previously trading around… Continue reading Snap stock jumps on upgrade, $500M cost cuts fuel profit hopes

Evercore ISI analysts led by Kirk Materne are heading into Microsoft’s (NASDAQ: MSFT) fiscal Q3 earnings on April 29th with a decidedly bullish outlook. Consensus is for the multinational to report $4.07 a share of earnings on $81.4 billion in revenue, indicating mid-to-late teens gains in both the top and bottom line. Ahead of the… Continue reading Microsoft earnings preview: will MSFT stock break its 100-day MA after Q3 print?

POET Technologies Inc (NASDAQ: POET) tanked on Monday morning after Marvell Technology abruptly canceled all outstanding purchase orders, citing an alleged breach of confidentiality. Following the post-announcement crash, POET looks headed to challenge its 20-day MA. A clear break below the $7.83 level is broadly expected to accelerate bearish momentum in the near-term. POET shares… Continue reading POET stock: how a major CFO blunder triggered a crash

Shares of SanDisk Corp have surged to record highs, extending a remarkable rally driven by investor enthusiasm for artificial intelligence-linked memory demand. The stock closed last week near $990 and continued its upward momentum on Monday, rising more than 7% in trading. Over the past 12 months, SanDisk has delivered an extraordinary gain of nearly… Continue reading SanDisk soars 7% as AI memory boom drives record highs

Shares of Tesla fell more than 3% on Monday to $365.12, underperforming a relatively subdued broader market. The move comes as investors continued to digest the company’s recent earnings and reassess its long-term growth narrative. The S&P 500 and the Dow Jones Industrial Average were down 0.1% and 0.2%, respectively. Post-earnings weakness extends Tesla shares… Continue reading Why Tesla stock is crashing around 3% on Monday

Verizon (NYSE: VZ) is pushing higher on Apr. 27, even though the telecommunications giant came in slightly shy of revenue estimates for its first financial quarter. While the top-line number of $34.4 billion narrowly missed the consensus of roughly $35 billion, the post-earnings momentum helped VZ break above its 20-day moving average (MA) on Monday.… Continue reading Verizon stock: why are investors ignoring Q1 revenue miss

WhiteBIT, the largest European cryptocurrency exchange by traffic, and FC Barcelona have entered a landmark five-year agreement through 2030, bringing together two global leaders to shape the future of fan engagement, digital finance, and sport.  This partnership is a strategic alliance between category leaders, where crypto meets one of the most influential sports institutions in… Continue reading WhiteBIT, FC Barcelona announce agreement to drive global innovation in sport

OpenAI and Microsoft on Monday unveiled a revamped partnership that loosens long-standing exclusivity terms, giving the artificial intelligence startup greater commercial flexibility while preserving key elements of its collaboration with the software giant. The updated agreement allows OpenAI to distribute its products across multiple cloud providers, marking a notable shift in one of the most… Continue reading OpenAI-Microsoft reset may reshape AI cloud competition

Shares of Nvidia rose in early trading on Monday, extending a breakout rally that has pushed the stock to record highs. However, at the time of writing, shares of the chip maker had given up most of those gains to trade mostly flat. Investors are looking ahead to a key week of earnings from major… Continue reading Nvidia stock wobbly after hitting record high, but analysts see more upside