Latest Stories

A
Pre-Earnings

ABM Industries (ABM) Q3 Earnings: What To Expect

Diversified industrial and facilities services company ABM Industries (NYSE:ABM) will be reporting earnings tomorrow before the bell. Here’s what you need to know.

Dec 17, 2024
M
Pre-Earnings

Micron (MU) To Report Earnings Tomorrow: Here Is What To Expect

Memory chips maker Micron (NYSE:MU) will be reporting results tomorrow after market close. Here’s what to look for.

Dec 17, 2024
G
Pre-Earnings

General Mills Earnings: What To Look For From GIS

Packaged foods company General Mills (NYSE:GIS) will be announcing earnings results tomorrow before market hours. Here’s what you need to know.

Dec 17, 2024
A
Why It Moves

Asana (ASAN) Shares Skyrocket, What You Need To Know

Shares of work management software maker Asana (NYSE: ASAN) jumped 12.6% in the morning session after stocks soared, led by the Nasdaq, which climbed 1.2%, while the S&P 500 also increased by 0.5% amid continued positive momentum. Investors are bracing for the outcome of the Fed's policy meeting later in the week, with overall sentiment indicating that markets anticipate no major surprises. The consensus expects the Fed to cut rates by 0.25% during its final committee meeting of the year. Recent economic data, including the November 2024 CPI report, continue to support the soft landing narrative—indicating that the Fed can control inflation without harming the economy.

Dec 16, 2024
A
Why It Moves

Why Are C3.ai (AI) Shares Soaring Today

Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI) jumped 7.1% in the afternoon session after stocks soared, led by the Nasdaq, which climbed 1.2%, while the S&P 500 also increased by 0.5% amid continued positive momentum. Investors are bracing for the outcome of the Fed's policy meeting later in the week, with overall sentiment indicating that markets anticipate no major surprises. The consensus expects the Fed to cut rates by 0.25% during its final committee meeting of the year. Recent economic data, including the November 2024 CPI report, continue to support the soft landing narrative—indicating that the Fed can control inflation without harming the economy.

Dec 16, 2024
H
Why It Moves

Why Robinhood (HOOD) Stock Is Up Today

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 7.8% in the afternoon session after stocks linked to the cryptocurrency space soared as Bitcoin, the largest cryptocurrency by market value, hit a new all-time high over the weekend, climbing past $106,000. 

Dec 16, 2024
G
Why It Moves

Why Alphabet (GOOGL) Stock Is Up Today

Shares of online advertising giant Alphabet (NASDAQ:GOOGL) jumped 4.6% in the afternoon session after Reuters reported that the incoming Trump administration plans to eliminate certain car crash reporting requirements for autonomous vehicles. This change could benefit Alphabet's autonomous vehicle division, Waymo, as the market navigates a crucial growth phase. 

Dec 16, 2024
A
Why It Moves

Broadcom (AVGO) Shares Skyrocket, What You Need To Know

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 9.8% in the morning session after the stock continued its positive momentum following stellar earnings results the previous week. Wall Street analysts have also turned more bullish, with Goldman Sachs reaffirming its Buy rating. In its research note, the firm highlighted, "We continue to see the company as a pivotal enabler of generative AI.".

Dec 16, 2024
T
Why It Moves

Why Teradyne (TER) Stock Is Up Today

Shares of semiconductor testing company Teradyne (NASDAQ:TER) jumped 5.2% in the morning session after JPMorgan upgraded the stock's rating from Neutral to Overweight (Buy) and raised the price target from $145 to $158. The new price target implies a potential 20% upside from where shares traded before the upgrade was announced.

Dec 16, 2024
M
Why It Moves

Why MicroStrategy (MSTR) Stock Is Up Today

Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 6.7% in the pre-market session after Bitcoin, the largest cryptocurrency by market value, hit a new all-time high over the weekend, climbing past $106,000. 

Dec 16, 2024