Firefly Aerospace stock sinks 11%: why the IPO highs quickly fizzled
Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week. When the company priced its IPO at $45…
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Top catalysts for the Nasdaq 100 Index and QQQ ETF this week
The Nasdaq 100 Index and its exchange-traded funds, like the Invesco QQQ, jumped to a record high last week as the earnings season continued and as concerns about a trade…
Hang Seng stocks to watch: Tencent, Alibaba, JD, NetEase and more
The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023…
Brazil’s Lojas Renner shares slide despite solid Q2 results as investors lock in gains
Lojas Renner (LREN3), one of Brazil’s leading apparel shops, saw its shares fall dramatically on Friday, ending a five-session winning streak worth 9.40%. The stock was down 6.54% to R$16.86…
Is it too late to buy SoundHound stock after Q2 earnings surge?
SoundHound AI Inc (NASDAQ: SOUN) reported blockbuster financial results for its fiscal second quarter, sending shares up more than 30% on Friday morning. The artificial intelligence firm saw its revenue…
Trump admin weighs IPO for Fannie Mae and Freddie Mac later this year: report
The Trump administration is preparing to launch initial public offerings for mortgage finance giants Fannie Mae and Freddie Mac later this year, in a move that could mark one of…
Wendy’s shares in green despite lower profit outlook as Q2 earnings beat forecast
Wendy’s Co. (NASDAQ: WEN) stock was trading in the green on Friday, after the fast-food chain reported second-quarter earnings that topped analyst expectations despite ongoing weakness in its US business.…
BitMine stock soars 25% as Ethereum tops $4,000, but caution remains
BitMine stock (NYSE American: BMNR) soared about 25% today, sparked by Ethereum pushing past the $4,000 mark for the first time this year. This big move in Ethereum has investors…
UBS strategist warns market rally may stall in August as US growth slows
The stock market’s recent rally may be nearing a pause as signs of slowing US economic growth emerge, according to Andrew Garthwaite, chief global equity strategist at UBS. The strategist…
Gilead Sciences shares soar; analysts lift targets on HIV strength and Yeztugo outlook
Gilead Sciences’ stock surged more than 8% on Friday, as its latest earnings drew the consensus from Wall Street that the company’s HIV franchise is not only holding firm but…