Meme Stocks Soar: GameStop Up 126%, AMC 88%
Quick Look: GameStop rose 126%, causing $1.8B in short-seller losses; AMC increased 88%, with $157M losses for short sel
Monday.com Shares Jump 23.8% After Strong Quarterly Results
Quick Look: Monday.com’s stock surged 23.8% after impressive quarterly results, raising annual guidance. Analysts
GameStop Shares Soar 74% as Keith Gill Returns to Social Media
Quick Look: Keith Gill’s social media post reignited meme stock rallies, with GameStop shares leaping 74% and AMC
Sensex Tumbles by 0.9% to 72,003 in Market Downturn
Quick Look: Sensex fell by 661 points to 72,003, reflecting a -0.9% change. India’s VIX increased by 14%, signalli
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World Stock Markets Tense after Gloom in Asian Trading
Asian Shares, US Equities Trade in the Red
IBM Shares Slide on Cloud Merger
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Meme Stocks Soar: GameStop Up 126%, AMC 88%
Quick Look: GameStop rose 126%, causing $1.8B in short-seller losses; AMC increased
AMC Stock Surges to $8.97, Up 72% Amid Meme Mania
Anglo American Rejects $43B BHP Bid, Plans Break-up
LATEST REVIEWS
Meme Stocks Soar: GameStop Up 126%, AMC 88%
Quick Look: GameStop rose 126%, causing $1.8B in short-seller losses; AMC increased 88%, with $157M losses for short sellers. Investors’ fear of missing out, spurred by influencers like Roaring Kitty, drove the rally. Keith
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BROKER NEWS
Roblox Shares Drop to $50; Faces Weakening Engagement
Quick Look: Roblox reduced its fair value estimate from $60 to $50 per share due to diminishing player engagement and lowered growth expectations. Implemented platform enhancements and content curation improvements; initial results show a 20% increase in US and
Summit Therapeutics Targets $3.73B Cap in Oncology Drive
Quick Look: Summit Therapeutics’s key drug in advanced trials for lung cancer, leveraging dual pathway inhibition. With a market cap of $3.73 billion and liquidity ratios at 6.97, despite a PE of -29.88. Supported by rising stock prices, ‘Buy’
Perficient Shares Skyrocket 52.8% on Analyst Upgrade, $3B Deal
Quick Look: Perficient’s stock soared after an analyst upgrade and acquisition news, peaking at $73.70. Multiple analysts upgraded Perficient, with targets ranging from $59 to $77. EQT AB announced its acquisition of Perficient for $3 billion, offering $76 per
Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03
Quick Look: Snapchat achieved $1.2B in revenue, surpassing the expected $1.1B. Reported $0.03 per share against a forecasted loss of $0.05. Daily active users reached 422M, exceeding expectations. Snapchat has delivered outstanding financial results for the first quarter of
Asian Stocks Volatile Ahead of High-Profile US-China Meeting
Asian stocks floundered on Friday as investors sat on edge before a crucial weekend meeting between the US and China. Read more here!
Asian Stocks Upbeat after US-China Ceasefire
Asian stocks gained ground on Monday after US and Chinese leaders came up with a truce in their trade dispute. Read more here!
Asian Stocks Shaky on Fed Rate Speculation
Asian shares fought to maintain the slimmest of recoveries on Friday amid the speculations that the Federal Reserve might be aiming for one last interest rate hike before pausing. Read more here!
Global Markets Ramp Up Losses on Economic Slowdown
The losses in global stock markets increased on Monday, with US equity futures and Asian shares sliding on concerns over slowing growth and fears. Read more here!
BROKER NEWS
Meme Stocks Soar: GameStop Up 126%, AMC 88%
Quick Look: GameStop rose 126%, causing $1.8B in short-seller losses; AMC increased 88%, with $157M losses for short sellers. Investors’ fear of missing out, spurred by influencers like Roaring Kitty, drove the rally. Keith Gill’s return to social media significantly boosted meme stock interest and prices. Despite losses, short
Sensex Tumbles by 0.9% to 72,003 in Market Downturn
WisdomTree Prime Launches in NY, Now in 41 States
Cryptocurrency Taxation: A Comprehensive Guide
Roblox Shares Drop to $50; Faces Weakening Engagement
Quick Look: Roblox reduced its fair value estimate from $60 to $50 per share due to diminishing player engagement and lowered growth expectations. Implemented platform enhancements and content curation improvements; initial results show a 20% increase in US and Canada DAUs. Following the revised bookings forecast, Roblox shares
Summit Therapeutics Targets $3.73B Cap in Oncology Drive
Quick Look: Summit Therapeutics’s key drug in advanced trials for lung cancer, leveraging dual pathway inhibition. With a market cap of $3.73 billion and liquidity ratios at 6.97, despite a PE of -29.88. Supported by rising stock prices, ‘Buy’ ratings from Citigroup and Stifel, and robust institutional support.
Perficient Shares Skyrocket 52.8% on Analyst Upgrade, $3B Deal
Quick Look: Perficient’s stock soared after an analyst upgrade and acquisition news, peaking at $73.70. Multiple analysts upgraded Perficient, with targets ranging from $59 to $77. EQT AB announced its acquisition of Perficient for $3 billion, offering $76 per share. Notable insider sales and strong institutional interest were
Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03
Quick Look: Snapchat achieved $1.2B in revenue, surpassing the expected $1.1B. Reported $0.03 per share against a forecasted loss of $0.05. Daily active users reached 422M, exceeding expectations. Snapchat has delivered outstanding financial results for the first quarter of 2024. The company outstripped analyst predictions on key financial
Meme Stocks Soar: GameStop Up 126%, AMC 88%
Quick Look: GameStop rose 126%, causing $1.8B in short-seller losses; AMC increased 88%, with $157M losses for short sellers. Investors’ fear of missing out, spurred by influencers like Roaring Kitty, drove the rally. Keith