Stock Research

SoundHound AI (NASDAQ: SOUN) share price is in the green this morning after the company said it prepaid its debt in full.  SoundHound stock gains as company turns debt free SoundHound has inked an agreement with its lenders to make an early payment in full for its outstanding $100 million debt, as per a press… Continue reading SoundHound AI prepays debt in full

Former media executive Edgar Bronfman Jr., backed by Bain Capital, has expressed interest in acquiring National Amusements, the controlling entity of Paramount Global, according to The Wall Street Journal. Bronfman’s bid is estimated to be between $2 billion and $2.5 billion, adding a new layer of complexity to the ongoing negotiations for the company. Skydance… Continue reading Breaking: Edgar Bronfman Jr. eyes National Amusements deal with Bain Capital support for $2 billion

The native token of DeFi solutions platform Mantra, OM, has emerged as the top gainer among the leading 100 cryptocurrencies, achieving an all-time high of $1.0924. On Monday, OM was trading at $1.06, up 13% since yesterday. This increase reflects a 234% surge in its trading volume, which has reached $168 million within the same… Continue reading Mantra’s OM token rises 13% in 24 hours to hit all-time high of $1.0924

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