April 1, 2024
“Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish retailer significantly beat profit expectations for its fiscal first quarter. Operating profit rose to 2.08 billion Swedish kronor ($196 million), versus the 1.43 billion kronor forecast in a poll of… Continue Reading…
March 29, 2024
“Shares of Viking Therapeutics (NASDAQ: VKTX) are up about 275% in 2023, but analysts on Wall Street think it isn’t finished climbing yet. The consensus price target on the clinical-stage biotech stock suggests a 47% gain could be up ahead…. Shares of Iovance Biotherapeutics (NASDAQ: IOVA) have more… Continue Reading…
March 29, 2024
“Viking Therapeutics shares closed more than 15% higher on Tuesday after the company said its experimental weight loss pill showed positive results in a small study and will enter the next stage of development later this year… Viking is one of several small… Continue Reading…
March 28, 2024
“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…
March 28, 2024
“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…
February 28, 2024
“Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on gross profit and showed strong growth in its Square and Cash App revenue. Here’s how the company did, compared to analysts’ consensus from… Continue Reading…
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…
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…
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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