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Market News
Latest financial news and analysis from global markets
PFE
Relay Therapeutics (RLAY) Falls Hard on Profit-Taking From 74% April Jump
Relay Therapeutics Inc. (NASDAQ:RLAY) is one of the 10 Stocks Reeling From Huge Losses. Relay Therapeutics dropped for a second day on Tuesday, slashing 12.84 percent to finish at $13.03 apiece, as investors appeared to have taken profits after already jumping by 74 percent this month, thanks to positive data from its cancer treatment candidate, […]
AEP
Morgan Stanley Updates Utility Outlook, Lowers View on Edison International (EIX)
With an annual dividend yield of 5.10%, Edison International (NYSE:EIX) is included among the 10 Best High-Yield Dividend Growth Stocks to Buy Right Now. On April 21, Morgan Stanley lowered its price target on Edison International (NYSE:EIX) to $70 from $71. It reiterated an Underweight rating on the shares. The firm said it is updating price targets […]
INTC
Why Nvidia, Not Alphabet, Is the Best Artificial Intelligence (AI) Stock to Own for the Expected $1.75 Trillion SpaceX IPO
Nvidia and Alphabet both stand to profit from SpaceX's upcoming IPO.
NVDA
Why Nvidia, Not Alphabet, Is the Best Artificial Intelligence (AI) Stock to Own for the Expected $1.75 Trillion SpaceX IPO
Nvidia and Alphabet both stand to profit from SpaceX's upcoming IPO.
GOOGL
Why Nvidia, Not Alphabet, Is the Best Artificial Intelligence (AI) Stock to Own for the Expected $1.75 Trillion SpaceX IPO
Nvidia and Alphabet both stand to profit from SpaceX's upcoming IPO.
MSFT
BMO Capital Highlights Hyperscaler Opportunity for Black Hills (BKH)
With an annual dividend yield of 3.79%, Black Hills Corporation (NYSE:BKH) is included among the 10 Best High-Yield Dividend Growth Stocks to Buy Right Now. On April 15, BMO Capital analyst Edward DeArias raised the firm’s price recommendation on Black Hills Corporation (NYSE:BKH) to $91 from $84. It reiterated an Outperform rating on the shares. The move […]
XAU/USD
Gold steady as markets await Powell's comments on Iran war impact
April 29 (Reuters) - Gold was largely steady on Wednesday as investors awaited U.S.
NKE
Nike Cuts Jobs as Turnaround Strategy Moves Forward
With an annual dividend yield of 3.67%, NIKE, Inc. (NYSE:NKE) is included among the 10 Best High-Yield Dividend Growth Stocks to Buy Right Now. On April 23, CNBC reported that NIKE, Inc. (NYSE:NKE) announced a new round of layoffs, affecting about 1,400 employees across the organization. Most of the cuts are concentrated in its technology department. In […]
MSFT
Is Microsoft (MSFT) Pricing Attractive After Recent 30-Day Share Price Rebound?
How Microsoft’s Valuation Fits Into Your Portfolio Thinking Before getting into detailed valuation models, it helps to step back and see how Microsoft’s share price has been behaving relative to those fundamentals. Over the past week the stock has returned 1.2%, with a 20.3% return over the last 30 days, while year to date the return is 9.2% decline and the 1 year return sits at 9.8%, all off a last close of US$429.29. These figures give useful context for judging whether current pricing...
GOOGL
Alphabet DoD AI Deal Sparks Employee Protests And Investor Questions
Google has revised its contract with the U.S. Department of Defense to provide advanced AI capabilities for classified projects. The updated agreement gives the Pentagon broader access to Alphabet's AI models for secret government work. The move has triggered internal protests, with hundreds of employees urging CEO Sundar Pichai to restrict military use of Google AI tools. For investors watching NasdaqGS:GOOGL, this development sits against a backdrop of strong recent share performance. The...
MDT
UBS and Jefferies Lower Views on Medtronic (MDT) Amid Diabetes Unit Changes
With an annual dividend yield of 3.41%, Medtronic plc (NYSE:MDT) is included among the 10 Best High-Yield Dividend Growth Stocks to Buy Right Now. On April 22, UBS lowered the firm’s price recommendation on Medtronic plc (NYSE:MDT) to $90 from $104. It reiterated a Neutral rating on the shares. The firm updated its model to reflect […]
TSLA
Possible Tesla SpaceX Merger Reshapes AI Story And Rich Valuation
Prominent investors and analysts are widely predicting a potential merger between Tesla and SpaceX, with some expecting a tie up by early 2027. Commentary focuses on how a combined group could link Tesla’s electric vehicles, robotics and AI platforms with SpaceX’s space and communications capabilities. The debate has become a key topic for Tesla watchers, as a merger would reshape the company’s structure, technology ecosystem and long term equity story. Tesla, NasdaqGS:TSLA, closed at...