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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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Business, Stocks

“This Generative Artificial Intelligence (AI) Growth Stock Has Jumped 86% in a Year. Here’s Why It Can Skyrocket Another 73%.”

February 26, 2024

“Cybersecurity specialist SentinelOne (NYSE: S) has delivered remarkable gains of 86% in the past year… Assuming SentinelOne does hit $1 billion in revenue in fiscal 2026 and maintains its current sales multiple of 15, its market capitalization could increase to $15 billion. That… Continue Reading…

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Stocks

“JetBlue shares jump after activist Carl Icahn reports stake and calls shares undervalued”

February 23, 2024

“Activist investor Carl Icahn late Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue gained 21% on Tuesday… In the past 12 months, JetBlue’s stock is down more than 27% as of… 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

“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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Stocks

“Lyft shares jump over 35%, retaining some gains after forecast error” [Feb 14]

February 21, 2024

“Lyft shares closed up over 35% on Wednesday, retaining some gains after the company said it made a major error in a press release reporting its latest results, but still outperformed analyst estimates… Lyft stock initially shot up more than 60%… Continue Reading…

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Economy

“Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments”

February 20, 2024

“…Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting… Continue Reading…

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Stocks

“Arm Stock Jumps 48% on AI Craze”

February 19, 2024

“Shares of British chip designer Arm surged 48% Thursday after its earnings report surprised analysts and suggested artificial intelligence may be driving a recovery in the semiconductor industry. The company said it made a record $824 million of sales in… Continue Reading…

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Stocks

“Palantir stock jumps 19% as AI demand drives revenue beat”

February 9, 2024

“Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates… Revenue in the fourth quarter increased 20% to… Continue Reading…

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Business

“Volvo shares jump 26% on higher sales, plans to stop Polestar funding”

February 6, 2024

“Volvo Cars shares surged more than 26% on Thursday after the Swedish automaker announced it will stop funding subsidiary Polestar Automotive. The group announced it may hand stewardship of ailing luxury car brand Polestar over to majority Volvo shareholder, China’s Geely Holding,… Continue Reading…

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