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Stocks

“Lunar company Intuitive Machines’ stock surges 50% to trade above SPAC debut price”

February 26, 2024

“Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to an… Continue Reading…

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Stocks

“Cloudflare stock jumps 21% on earnings beat as the company wins larger deals”

February 23, 2024

“Cloudflare shares rose 21% in extended trading on Thursday after the web security and content distribution network provider issued results and quarterly guidance that proved more robust than analysts had projected. Here’s how the company did, in comparison with estimates from… Continue Reading…

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Stocks

“Roblox shares rise 10% after company beats estimates and issues strong guidance”

February 23, 2024

“Roblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Shares closed up more than 10%. Here’s how the company did: The revenue figure is what Roblox calls bookings, a category that… Continue Reading…

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Stocks

“Intuitive Machines stock jumps after company says moon mission is in ‘excellent health’” [Feb 16]

February 21, 2024

“Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is in excellent health.” The Texas-based lunar company launched its inaugural cargo mission, known as IM-1, on a SpaceX rocket early… Continue Reading…

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Energy

“Diamondback agrees to $26 billion deal to buy Endeavor Energy in growing Permian push”

February 19, 2024

“Shale producer Diamondback Energy said on Monday it would buy the largest privately held oil and gas producer in the Permian Basin, Endeavor Energy Partners, in a cash-and-stock deal valued at about $26 billion, including debt. The combined company would be the… Continue Reading…

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Stocks

“Meme Traders Fuel 2,650% Spike in Battered Holographic-Tech Company”

February 16, 2024

“A battered Chinese company that’s developing holographic technology captured the attention of the meme stock crowd. The prize: a 2,650% jump. MicroCloud Hologram Inc. soared as high as $41.53 Thursday from a $1.50 record low earlier this week, with more… Continue Reading…

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Stocks

“Roblox shares rise 10% after company beats estimates and issues strong guidance”

February 13, 2024

“…Roblox also reported full-year revenue of $3.52 billion, versus an LSEG consensus estimate of $3.41 billion. The company’s full-year loss per share was $1.87, compared with a consensus estimate of $1.91. Roblox’s quarterly bookings hit $1.13 billion — the company’s… Continue Reading…

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Business

“Novo Nordisk parent to buy Catalent for $16.5 billion to expand Wegovy supply”

February 9, 2024

“Danish drugmaker Novo Nordisk’s parent company, Novo Holdings, on Monday said it will acquire drug manufacturer Catalent in a $16.5 billion deal that could help boost the supply of the highly popular weight loss injection Wegovy and diabetes shot Ozempic… Novo Nordisk will then buy three of Catalent’s manufacturing… Continue Reading…

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Stocks

“Super Micro shares soar 36% to record on uplifting preliminary results”

January 23, 2024

“Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates… The uplifting numbers follow a… Continue Reading…

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Business, Stocks

“Abercrombie’s 285% Surge in 2023 Beats Even Sizzling Nvidia”

January 3, 2024

“Abercrombie & Fitch Co. has gained 285% this year, its best annual performance since going public in 1996. The rally has made the company the best performer in the S&P 1500 Index, even managing to beat out artificial intelligence darling… Continue Reading…

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