Stocks Advance Pre-Bell as Investors Await Fed Policy Decision, Key Inflation Data; Asia, Europe Down
The benchmark US stock measures were tracking in the green before Monday's opening bell as traders a
The benchmark US stock measures were tracking in the green before Monday's opening bell as traders a
US private-sector output rose at the fastest pace since March 2022 in December despite a steepening
Ford Motor shares fell Monday after analysts at Jefferies downgraded the stock, pointing to inventory issues.
Last week's bond-market wobble hasn't damped bets on a year-end stocks rally, with more gains expected in 2025.
On Friday, Nasdaq Inc’s (NASDAQ:NDAQ) annual reconstitution of the Nasdaq-100 Index will become effective before the market opens on December 23. Illumina, Inc. (NASDAQ:ILMN) was removed from the index. Year to date, the stock has increased around 8%, underperforming iShares Core S&P Mid-Cap ETF (NYSE:IJH). The provider of DNA sequencing and array-based technologies has been in the news due to its controversial multi-billion dollar deal to acquire cancer test maker Grail Inc (NASDAQ:GRAL). Also
Broadcom shares surged to a fresh record high Monday as the chipmaker’s post-earnings rally continued.
On Friday, Nasdaq Inc's (NASDAQ:NDAQ) annual reconstitution of the Nasdaq-100 Index will become effective before the market opens on December 23. As a result, Moderna Inc. (NASDAQ:MRNA) was removed from the index. Year to date, Moderna stock has plunged over 60%, with a 52-week low-high of $35.8-$170.47, as per data from Benzinga Pro. Recently, Moderna and several other stocks witnessed a decline as Robert F. Kennedy Jr.'s, Donald Trump's nomination to lead the Department of Health and Human Ser
Prepare now for stocks to sell off at the start of 2025.
Goldman Sachs analyst Eric Sheridan initiated coverage on Grindr Inc (NYSE:GRND) with a Buy rating and a price target of $20. Grindr is an online dating platform primarily focused on serving the LGBTQ+ community with 14.6 million monthly active users (as of the third quarter of 2024) globally. In this initiation, Sheridan framed his work around three key debates for Grindr stock, including the company’s addressable market, whether it achieves a 20%+ fiscal 2024-2029 revenue CAGR, and whether it
The stainless steel market experienced a challenging year in 2024, characterized by weak demand, oversupply, and falling nickel prices.