AST SpaceMobile Shares Surge 33% After AT&T Deal
Shares of AST SpaceMobile popped late Wednesday after the company reached a deal to provide satellite broadband to AT&T phones. The stock was up 33% to $3.18 in after-hours trading, following a 4.8% ...
US Fund Flows: Inflows Come to a Screeching Halt
After building momentum through 2024′s first quarter, plummeting equity markets and rising long-term interest rates dampened ...
Going Into Earnings, Is Nvidia Stock a Buy, a Sell, or Fairly Valued?
Nvidia NVDA is set to release its first-quarter earnings report on May 22. Here’s Morningstar’s take on what to look for in ...
After Earnings, Is Arista Stock a Buy, a Sell, or Fairly Valued?
We significantly raised our valuation to $270 per share from $195 due to a bullish long-term forecast for generative artificial intelligence, which we think will benefit Arista as the best-of-breed ...
Retail traders are beating big firms in guessing where U.S. interest rates will go next
For the past three years, Brennan Robbins, a 32-year-old data scientist in the healthcare industry, has been a part-time trader in the prediction market. That means betting on everything from whether ...
Nordic Shares Moved Upward Wednesday; BioArctic Series B Topped Leaders
BioArctic AB Series B was the biggest leader among large stocks during the session, surging 13.7%, and Ambu A/S Series B jumped 12.8%. Avance Gas Holding Ltd. rounded out the top three leaders on ...
Toronto Stocks Edge Up; Boyd Group Services Down on 1Q Earnings Decline, 2Q Outlook
Shares in Boyd Group Services were down 7.1% to 238.50 Canadian dollars ($174.69) after reporting lower earnings in the first quarter as mild weather put pressure on demand. The trend has continued ...
Vanguard Chooses an Outsider as Its New CEO
Ramji left BlackRock in January as its global head of iShares and index investing, and his appointment represents a departure ...
Alibaba Earnings: More Positive Outlook Despite Mixed Results
We have raised our fair value estimate for Alibaba stock.
Home Builders' Mood Darkens as Lending Rates Bite
Confidence among U.S. home builders fell for the first time in a half year as would-be buyers balked at high mortgage rates. That is according to a report from the National Association of Home ...
New York Industry Fails to Improve in May — NY Fed
The New York Federal Reserve's index showed a worsening in general business conditions, slipping to minus 15.6 from minus 14.3 a month ago. This bucked expectations for an uptick to minus 10, ...
Getinge Shares Sink After It Limits Sales of Heart Devices
STOCKHOLM--Getinge shares are under pressure Wednesday after the company said it will limit sales of some of its heart devices in the U.S. as regulators recommended healthcare providers to transition ...