Supermicro Stock Rallies Ahead of Business Update Tuesday
Super Micro Computer shares soared Monday ahead of the company's business update expected Tuesday.
Super Micro Computer shares soared Monday ahead of the company's business update expected Tuesday.
Meta stock rose on Monday, leaving intact a record-breaking winning streak for the social media giant. The run, at 16 consecutive sessions as of Monday's close, is the longest on record for a Magnificent Seven stock.
Shares of project management software maker Monday.com (NASDAQ:MNDY) jumped 31.4% in the morning session after the company reported impressive fourth-quarter results that blew past Wall Street's expectations for some of the key metrics we track, including sales, profits, and EPS (profits on a per-share basis).
Shares of work management software maker Asana (NYSE: ASAN) jumped 8.2% in the afternoon session after peer, Monday.com reported impressive fourth-quarter results that blew past Wall Street's expectations for some of the key metrics we track, including sales, profits, and EPS (profits on a per-share basis). The company's net revenue retention rate improved, and its sales guidance for the next quarter exceeded forecasts. MNDY's strong performance suggests sustained demand for project management s
Shares of advertising software maker The Trade Desk (NASDAQ:TTD) jumped 6.7% in the morning session after KeyBanc analyst Justin Patterson maintained a Buy rating and raised the price target to $142. Patterson expects The Trade Desk will continue to benefit from an improving advertising market, with expectations of better-than-expected fourth-quarter results when the company reports quarterly results on February 12, 2025 (later in the week). The main drivers behind this optimism seem to be the c
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Shares of industrials automation company Rockwell (NYSE:ROK) jumped 11.9% in the afternoon session after the company reported strong fourth-quarter results that exceeded analysts' EPS expectations.
Shares of GameStop and MicroStrategy climbed Monday after a picture of executives from the companies was posted to social media over the weekend.
Nvidia shares gained Monday, leading other chip stocks higher in a boost to the tech sector as the major U.S. indexes looked to rebound from Friday's losses.
“The reciprocal approach leaves plenty of room for the U.S. to negotiate tariff cuts by each of America’s trading partners separately.”