Stock Research

On Monday, June 10, 2024, Adobe Inc. (NASDAQ:ADBE) faced a significant setback as Melius Research downgraded the stock from Buy to Hold, triggering a 1.1% drop in premarket trading. The downgrade was primarily driven by concerns about the broader enterprise software industry’s challenges with artificial intelligence (AI), which could pose a long-term threat to Adobe’s… Continue reading Adobe Q2 earnings preview: How will the stock react?

The surge in GameStop’s (GME) stock during Monday’s premarket session, driven by “Roaring Kitty” (Keith Gill), has led to significant financial repercussions for short sellers. According to Ortex, short sellers have already incurred losses amounting to $1 billion. As @TheRoaringKitty reveals he has 5 million shares of $GME, the second largest individual holder after Ryan… Continue reading GameStop stock surge driven by ‘Roaring Kitty’ results in $1-B losses for GME short sellers

NXP Semiconductors (NASDAQ:NXPI) recently hit an all-time high of $282.22 on May 28th, marking a significant milestone for the company. However, the stock has since retraced, prompting chatter amongst investors regarding whether the rally will continue or the stock has peaked. Recent earnings and valuation In NXP’s Q1 2024 earnings report, the company revealed non-GAAP… Continue reading Has NXP Semiconductors’ stock hit a ceiling after the recent all-time high?

Spotify Technology S.A. announced on Monday that it will be increasing the prices of its Premium subscriptions in the United States starting in July. The company cited the need to “continue to invest in and innovate on our product features and bring users the best experience” as the primary reason for the price hike. New… Continue reading After missing Q1 user addition estimates, Spotify raises Premium prices in US

EV giant Tesla Inc. (NASDAQ:TSLA) has faced a fresh setback as the National Highway Traffic Safety Administration announced on Thursday that the company is recalling over 125,000 vehicles due to a malfunction in the seat belt warning system. This news adds to a series of challenges the company has encountered in recent times, including efforts… Continue reading Why Tesla’s stock will find it difficult to trade above $200 again?

CrowdStrike Holdings Inc (NASDAQ: CRWD) opened about 4.0% up on Friday after announcing two new partnership – one with Cloudflare Inc (NYSE: NET) and the other with eSentire. Details of CrowdStrike-Cloudflare partnership The cybersecurity firm teamed up with $NET this morning to secure networks and power the AI-native SOC. Together, the two cybersecurity firms will… Continue reading CrowdStrike just announced two big partnerships: find out more