US stocks ended mostly higher on Monday as investors returned to semiconductor shares following last week’s sharp selloff, while signs of easing tensions between Iran and Israel helped improve overall market sentiment. The Nasdaq Composite led the gains, advancing 0.86% to close at 25,929.66, while the S&P 500 added 21.99 points, or 0.30%, to finish… Continue reading Dow slips 80 points as chip stocks rebound, ceasefire hopes lift markets
Stock Research
Tango Therapeutics stock soars on promising pancreatic cancer data
Shares of Tango Therapeutics (TNGX) surged more than 51% on Monday after the clinical-stage biotechnology company reported encouraging early-stage trial results for its experimental cancer treatment, vopimetostat. The drug was tested in combination with Revolution Medicines’ daraxonrasib. The sharp rally pushed the stock toward a record closing high and marked one of its strongest single-day… Continue reading Tango Therapeutics stock soars on promising pancreatic cancer data
Hong Kong deal positions Inno Holdings stock for a massive crash
Inno Holdings (INHD) experienced a nearly 20x rally on Monday morning after announcing a new deal with a Hong Kong-based artificial intelligence (AI) service provider. The company has signed a $3 million Development Services Agreement with the said provider to build a specialized, automated sales agent system tailored for its used mobile phone trading sector. … Continue reading Hong Kong deal positions Inno Holdings stock for a massive crash
Why Duolingo stock is soaring 8% today?
Shares of Duolingo (DUOL) moved higher on Monday as investors returned to growth-oriented technology stocks. Improving sentiment across the broader market also helped lift software names that have suffered steep declines over the past year. The language-learning platform gained more than 8.8% during the session, outperforming a Nasdaq rally of about 2.2%. The move extended… Continue reading Why Duolingo stock is soaring 8% today?
Eli Lilly stock rises as Retatrutide data boosts obesity drug lead
Shares of Eli Lilly LLY climbed about 4% on Monday after the drugmaker unveiled encouraging new clinical data for its next-generation obesity treatment, retatrutide. This has reinforced investor confidence in the company’s long-term position in the rapidly expanding weight-loss market. The latest results were presented at the American Diabetes Association’s annual Scientific Sessions in New… Continue reading Eli Lilly stock rises as Retatrutide data boosts obesity drug lead
Why investors should sell ABAT stock on a 35% DOE driven rally today
American Battery Technology (ABAT) shares are ripping higher on Jun. 8 after the company won its formal appeal with the US Department of Energy (DOE) to fully reinstate its previously canceled $115 million grant. This five-year federal grant is a direct lifeline for ABAT’s ambitious Tonopah Flats Lithium Project in Nevada. The contract will fund… Continue reading Why investors should sell ABAT stock on a 35% DOE driven rally today
Intel stock rallies on reports of foundry wins from Google and Nvidia
Intel (INTC) shares are pushing higher on Monday after The Information said Google and Nvidia are turning to the semiconductor firm as a vital manufacturing backup to TSMC. INTC now looks headed to challenge is 20-day moving average (MA), with a decisive break above $115 expected to accelerate bullish momentum in the near-term. Intel stock… Continue reading Intel stock rallies on reports of foundry wins from Google and Nvidia
Cerebras jumps 17% as Wall Street backs the Nvidia challenger’s AI strategy
Shares of Cerebras Systems CBRS surged more than 17% on Monday after a wave of Wall Street firms initiated coverage of the AI chipmaker. Analysts largely endorse the company’s unconventional approach to artificial intelligence computing and highlight its potential to challenge established industry players. The stock gained after at least nine brokerages, including IPO underwriters… Continue reading Cerebras jumps 17% as Wall Street backs the Nvidia challenger’s AI strategy
Corning rallies after Amazon taps fiber-optics maker for AI data center expansion
Shares of Corning GLW climbed sharply by 8% on Monday after Amazon unveiled a multibillion-dollar agreement with the advanced glass and fiber-optics manufacturer. The deal will see Corning supply critical networking infrastructure for the technology giant’s expanding US data center footprint. The long-term partnership will see Corning provide optical fiber, cable, and connectivity solutions that… Continue reading Corning rallies after Amazon taps fiber-optics maker for AI data center expansion