Shares of Rocket Lab USA surged Monday after the company successfully launched five satellites for French Internet of Things firm Kinéis over the weekend.
Supermicro Stock Rallies Ahead of Business Update Tuesday
Super Micro Computer shares soared Monday ahead of the company's business update expected Tuesday.
Meta Stock Extends Its Record Winning Streak
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.
Trump steps up his 2018 tariffs on steel and aluminum, risking inflation on promise of more jobs
President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%. “We were being pummeled by both friend and foe alike,” Trump said as he signed two proclamations changing his orders during his first term that go into effect on March 4.
Michael Saylor's Strategy scoops up more Bitcoin after brief pause
The firm, formerly known as MicroStrategy, spent $742.4 million on its latest acquisition spree.
Why Monday.com (MNDY) Stock Is Up Today
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).
Why Asana (ASAN) Stock Is Trading Up Today
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
The Trade Desk (TTD) Stock Trades Up, Here Is Why
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
Big Tech’s Grip on Market Shows Cracks as Earnings Fall Flat
(Bloomberg) -- The case for buying pricey Big Tech stocks on the assumption that profit growth is poised to re-accelerate is starting to look shaky.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSWith reports now in from all but Nvidi
Why Rockwell Automation (ROK) Stock Is Up Today
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.