Markets

Appian tumbles 11% after earnings as outlook disappoints

Low-code cloud-service provider Appian reported earnings on Thursday after the market closed, and the stock fell as much as 11% on Friday. The firm said 2021 cloud-subscription revenue will be lower on a year-over-year basis. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Appian’s stock […]
Appian tumbles 11% after earnings as outlook disappoints
Markets

Palantir upgraded to ‘buy’ with a fresh $34 price target from Goldman Sachs after revealing ‘sustainable growth’ in latest earnings

Palantir posted a surprise loss in its fiscal fourth-quarter earnings on Tuesday, causing the stock to fall. Goldman Sachs analysts thought the quarter was stronger than expected and raised their price target to $US34 per share. The analysts cheered Palantir’s government revenue, margin expansion, and backlog visibility. Sign up here […]
Palantir upgraded to ‘buy’ with a fresh $34 price target from Goldman Sachs after revealing ‘sustainable growth’ in latest earnings
Markets

Howard Marks and Joel Greenblatt discussed market bubbles, tech stocks, and investing tips in a recent interview. Here are the value investors’ 9 best quotes.

Howard Marks and Joel Greenblatt discussed bubbles, tech stocks, and investing tips. The value investors suggested some companies deserve their lofty valuations. Here are Marks and Greenblatt’s nine best quotes from the interview. Visit Business Insider’s homepage for more stories. Value investors Howard Marks and Joel Greenblatt discussed market bubbles, […]
Howard Marks and Joel Greenblatt discussed market bubbles, tech stocks, and investing tips in a recent interview. Here are the value investors’ 9 best quotes.
Markets

Siebert Financial spikes over 200% on record trading volume

Siebert Financial saw its share price rise as much as 395% from Thursday’s close on Friday before paring gains. While there was no clear reason for the move, some reports have suggested the company is yet another target of the WallStreetBets crowd. The company traded with a record volume on […]
Siebert Financial spikes over 200% on record trading volume
Markets

Apple shares fall despite record quarterly profits

Shares of Apple were down about 2.5% Thursday morning despite a strong earnings report. Apple reported record quarterly profits of $US28.76 billion on revenues of $US111.4 billion. Analysts at Wedbush called the quarter a “jaw-dropper” as the wearables and services segments outperformed. Sign up here for our daily newsletter, 10 […]
Apple shares fall despite record quarterly profits
Markets

Roku jumps after BofA gives 7 reasons why the stock could surge 18%

Bank of America raised its price target for Roku stock to $US500 from $US380 on Monday, implying an 18% surge from Friday’s close. The bank’s analysts expect the shift of advertising dollars to streaming platforms to continue driving record quarterly profits and revenue. International expansion and the addition of content […]
Roku jumps after BofA gives 7 reasons why the stock could surge 18%
Markets

Facebook to soar 26% on e-commerce, advertising strength, says BofA

Bank of America maintained its price target for Facebook at $US345 on Monday, implying a potential 26% climb for the social media giant. Analyst Justin Post expects the company’s e-commerce strength to drive strong year-over-year quarterly revenue growth. New features like Facebook Shops and Instagram Checkout are expected to bolster […]
Facebook to soar 26% on e-commerce, advertising strength, says BofA
Markets

Google touches record highs as FANG stocks stage broad rally

Shares of Google jumped as much as 5% Wednesday to touch record highs. KeyBanc raised its price target for the internet search giant from $US1,970 to $US2,060. JPMorgan in a note on Monday recommended investors shrug off ‘FANG fatigue’ in 2021. Sign up here for our daily newsletter, 10 Things […]
Google touches record highs as FANG stocks stage broad rally
Markets

Playtika skyrockets 34% after raising $1.88 billion in IPO

Shares of Playtika surged as much as 34% Friday, giving the mobile game developer a valuation of almost $US15 million. Playtika’s Thursday IPO raised $US1.88 billion for the firm after 69.5 million shares were priced at $US27 apiece, slightly above the initial marketed range. Playtika shares trade on the Nasdaq […]
Playtika skyrockets 34% after raising $1.88 billion in IPO
Markets

Poshmark surges 150% on its first day of trading after $277 million IPO

Poshmark soared as much as 150% on Thursday after going public Wednesday The online marketplace for second-hand goods raised $US277 million IPO Wednesday, selling 6.6 million shares for $US42 apiece. Poshmark’s leap continues the trend of massive investor demand for IPOs and SPACs, the company trades under the ticker “POSH” […]
Poshmark surges 150% on its first day of trading after $277 million IPO
Markets

Affirm extends its 2-day post-IPO surge to 160%

Affirm continued its post-IPO winning streak on Thursday. The stock has now surged as much as 160% in just two days of public trading. The online instalment loan provider recently raised $US1.2 billion in its initial public offering, selling 24.6 million shares for $US49 each. Since Affirm’s founding, more than […]
Affirm extends its 2-day post-IPO surge to 160%
Markets

Chamath Palihapitiya’s ‘biggest investment in climate change’: ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra

Chamath Palihapitiya said Tuesday that his “biggest investment in climate change” is in commercial EV manufacturer Proterra, which is set to merge with blank-check firm ArcLight Clean Transition Corp. Palihapitiya noted Proterra’s first-mover advantage, revenue growth, and a runway of orders and backlogs as part of his reasoning for the […]
Chamath Palihapitiya’s ‘biggest investment in climate change’: ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra
Markets

Crypto mining stocks plummet as Bitcoin falls from historic highs

Bitcoin’s first big pullback of the year is hurting cryptocurrency miners on Monday. Shares of Riot Blockchain and Marathon Patent Group have fallen over 15% on the back of Bitcoin’s pullback. Bitcoin mining is now more popular, and more difficult, than ever before according to data from CoinDesk. Visit Business […]
Crypto mining stocks plummet as Bitcoin falls from historic highs
News

C3.ai shares rocket 6% as meteoric post-IPO run continues

C3.ai shares shot up 5% Friday as the firm continues its historic post-IPO run. CEO Tom Siebel said in an interview with CNBC that C3.ai’s digital transformation institute would be making a ‘very big announcement’ regarding clean energy and AI. The company remains one of the most highly valued tech […]
C3.ai shares rocket 6% as meteoric post-IPO run continues
Markets

Snowflake rally continues, with shares up 6% despite lockup expiration

Snowflake jumped 13.5% on Thursday, and continued the rally Friday morning with shares up over 6%. The price has defied the prospect of a selloff as a lockup expiration on Thursday allowed early investors to offload 37.9 million shares. Snowflake’s rally comes after shares of the data storage company fell […]
Snowflake rally continues, with shares up 6% despite lockup expiration
Markets

FAANG stocks rebound after Democratic wins in Georgia shake Big Tech

FAANG stocks recovered Thursday after a tough Wednesday session caused by Georgia’s surprising election results. Gillman Hill Asset Management CEO Jenny Harrington pointed to newfound clarity of what’s to come from Washington as her reasoning for the rebound. Other analysts noted the potential for more fiscal support and less political […]
FAANG stocks rebound after Democratic wins in Georgia shake Big Tech
Markets

FAANG stocks tumble as Georgia election result heightens uncertainty for Big Tech

Georgia’s run-off election results are creating heightened uncertainty for Big Tech names, as the likelihood of regulation from a Democrat-controlled Senate increases. Facebook, Apple, Amazon, Netflix, and Google were all down around 2% in premarket trades. Traders and strategists argue that cyclical and value stocks will benefit from the result, […]
FAANG stocks tumble as Georgia election result heightens uncertainty for Big Tech
Markets

Palantir surges 17% after it wins FDA contract worth $44 million, report says

Palantir surged as much as 17% on Monday after a Bloomberg report said the data-mining firm won a three-year contract with the FDA worth $US44 million. Palantir’s software will help drive the FDA’s drug reviews and inspections, according to the report. Visit Business Insider’s homepage for more stories. Palantir surged […]
Palantir surges 17% after it wins FDA contract worth $44 million, report says
Markets

Slack spikes 32% following reports of potential takeover by Salesforce

Slack rocketed as much as 32% higher on Wednesday after Dow Jones reported Salesforce.com is in talks to acquire the workspace-communications company. Such a deal would likely value Slack at more than the $US17 billion market cap it held before shares jumped. There’s no guarantee the talks will lead to […]
Slack spikes 32% following reports of potential takeover by Salesforce
Markets

Snap rallies 7% after unveiling TikTok-competitor Spotlight

Snap rallied as much as 7% on Monday after unveiling Spotlight, a new Snapchat feature set to compete with TikTok and Instagram Reels. The jump placed shares above the previous record-high set on November 6. The service will allow users to submit snaps to be featured in a reel of […]
Snap rallies 7% after unveiling TikTok-competitor Spotlight
Markets

Veteran investor Jeremy Grantham discussed the dot-com bubble, green investing, and America’s poor handling of the pandemic in a recent interview. Here are the 10 best quotes

British investor Jeremy Grantham reflected on the dot-com bubble, trumpeted green investments, and criticised Americans’ response to the pandemic in a RealVision interview released on Monday. The chief investment strategist of asset-manager GMO also praised Pfizer’s partner BioNTech and Moderna for developing extremely effective COVID-19 vaccines in record time. Scroll […]
Veteran investor Jeremy Grantham discussed the dot-com bubble, green investing, and America’s poor handling of the pandemic in a recent interview. Here are the 10 best quotes
Markets

How to invest in tech stocks, a risky but fast-rising segment of the market

Tech stocks are shares in companies in the technology industry – a huge sector that includes telecommunications, IT, electronics, and computer hardware and software. Tech stocks offer some of the best growth potential, but – like most high-reward investments – they come with high risks too. Since many tech stocks […]
How to invest in tech stocks, a risky but fast-rising segment of the market
Markets

Softbank CEO Masayoshi Son racked up a $3.7 billion loss trading daily moves in tech stocks — and the risky investments are fuelling concern with the company’s second-biggest shareholder

SoftBank’s new trading arm, SB Northstar, posted $US3.7 billion in losses as bearish derivatives bets on tech stocks floundered, the Financial Times reported Wednesday. The arm was mostly kept secret until the FT revealed it was making multibillion-dollar bets on tech giants through the summer’s market rally. SoftBank CEO Masayoshi […]
Softbank CEO Masayoshi Son racked up a $3.7 billion loss trading daily moves in tech stocks — and the risky investments are fuelling concern with the company’s second-biggest shareholder
Markets

Zoom tumbles 16% as Pfizer’s vaccine success drags on work-from-home stocks

Zoom dove as much as 16% in early Monday trading after Pfizer’s encouraging COVID-19 drug results dragged stay-at-home stocks lower. The pharmaceutical company announced Monday morning that it’s experimental coronavirus drug was more than 90% effective in preventing COVID-19 in trial participants. The news lifted global stocks, particularly those for […]
Zoom tumbles 16% as Pfizer’s vaccine success drags on work-from-home stocks
Markets

FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them

FAANG is an acronym that stands for five major, highly successful US tech companies: Facebook, Amazon, Apple, Netflix, and Google. Comprising 15% of the S&P 500, FAANG stocks’ performance has a substantial effect on the overall market. Investors can buy FAANG stocks individually or via tech industry-focused funds. Visit Insider’s […]
FAANG stands for five very successful tech companies that can move the stock market — here’s what to know about investing in them
Markets

Dow jumps 422 points in rebound from worst week since March

US stocks rallied on Monday as encouraging economic data and election bets lifted indexes from their worst weekly slump since March. Market volatility picked up as Election Day neared. Former Vice President Joe Biden has enjoyed a lead in the polls, but President Donald Trump has indicated he will contest […]
Dow jumps 422 points in rebound from worst week since March
Markets

Investors were disappointed by mega-cap tech guidance last week — but UBS says investors should stay invested and focus on 3 key areas

Technology investors were tested on Friday after strong earnings reports from mega-cap earnings like Amazon, Facebook, and Apple were still followed by sharp declines in share prices. Traders elected to focus on tepid profit-growth outlooks, rather than the past quarter’s better-than-expected results. Despite the negative earnings reaction in Friday trades, […]
Investors were disappointed by mega-cap tech guidance last week — but UBS says investors should stay invested and focus on 3 key areas
Markets

Dow climbs 139 points, Nasdaq soars as tech giants rally ahead of earnings

US equities climbed higher on Thursday as rallying tech stocks and encouraging economic data reversed some of Wednesday’s plunge. Apple,Amazon,Facebook, and Alphabet led gains ahead of the companies’ third-quarter reports. US GDP grew at a record 33.1% annualized rate in the third quarter, the Commerce Department said Thursday. The reading […]
Dow climbs 139 points, Nasdaq soars as tech giants rally ahead of earnings
Markets

Palantir will surge 31% as Wall Street realises potential for breakneck profit growth, Morgan Stanley says

Investors aren’t seeing the bigger picture regarding Palantir’s discounted valuation, Morgan Stanley analysts said Monday. The bank initiated an “overweight” rating on Palantir’s shares in a note to clients. The analysts’ $US13-per-share price target implies a 31% rally from Monday’s close over the next 12 months. Palantir closed Monday just […]
Palantir will surge 31% as Wall Street realises potential for breakneck profit growth, Morgan Stanley says
Markets

Xilinx rockets 17% after finalising $35 billion sale to AMD

Xilinx shares soared as much as 17% higher in early Tuesday trading after Advanced Micro Devices agreed to buy the company in a $US35 billion deal. The acquisition is expected to close by the end of 2021, according to a press release. Xilinx shareholders will receive 1.7234 shares of AMD […]
Xilinx rockets 17% after finalising $35 billion sale to AMD
Markets

6 Wall Street firms now expect Snap’s stock to surge more than 37% after earnings. Here’s what they had to say about the blowout quarter.

“LA just keeps winning,” analysts at Stifel said after Snap reported a blowout third quarter earnings report. Despite the initial 25% surge following Snap’s better-than-expected earnings, analysts expect the stock to continue to move higher. Here’s what six Wall Street analysts had to say about Snap’s third quarter earnings report. […]
6 Wall Street firms now expect Snap’s stock to surge more than 37% after earnings. Here’s what they had to say about the blowout quarter.
Markets

Netflix slides 6% after missing 3rd-quarter subscriber growth and profit targets

Netflix sank as much as 6% in early Wedne sday trading after missing expectations for third-quarter subscriber growth and profits. The streaming titan added 2.2 million subscribers over the three-month period, missing Wall Street’s 3.3 million estimate. While revenue beat expectations, earnings per share of $US1.74 missed the $US2.13 Street […]
Netflix slides 6% after missing 3rd-quarter subscriber growth and profit targets
« Previous PageNext Page »