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Mullen Lands Big Wins With California Universities: Details
Wednesday, November 20, 2024 - 1:43pm | 356Read More...Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after the company disclosed new orders for its Mullen ONE, Class 1 commercial EV cargo van from two prominent California universities in Los Angeles and Berkeley. These orders follow recent acquisitions by other prestigious...
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MicroStrategy Upsizes Convertible Notes Offering To $2.6 Billion For Bitcoin Purchases
Wednesday, November 20, 2024 - 10:59am | 573Read More...MicroStrategy Incorporated (NASDAQ:MSTR) on Wednesday announced an increase in its convertible senior notes offering to $2.6 billion from its initial $1.75 billion, signaling its continued aggressive stance on Bitcoin (CRYPTO: BTC) accumulation. The company plans to use the net proceeds to acquire...
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Qualcomm Targets $900 Billion Market by 2030: Big Bets on IoT and Automotive
Wednesday, November 20, 2024 - 9:55am | 616Read More...On Tuesday, Qualcomm Inc (NASDAQ:QCOM) hosted its 2024 Investor Day, unveiling ambitious growth targets and a significant opportunity for diversification. The company emphasized its unique positioning at the edge of connectivity, which will likely expand its total addressable market (TAM) to $900...
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BHP Unveils $14 Billion Capex For Chilean Copper Operations
Wednesday, November 20, 2024 - 7:53am | 612Read More...BHP (NYSE:BHP) has announced plans to invest up to $14 billion to enhance its copper production in Chile, as revealed during a three-day site tour of its operations. This substantial capital expenditure aims to secure the long-term future of its assets in the region and support the growing global...
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Silence Therapeutics' Zerlasiran Has Competitive Concerns: Analyst
Tuesday, November 19, 2024 - 4:34pm | 401Read More...On Monday, Silence Therapeutics plc (NASDAQ:SLN) presented end-of-treatment data from its Phase 2 ALPACAR-360 study of zerlasiran in atherosclerotic cardiovascular disease (ASCVD) patients with high lipoprotein(a) [Lp(a)] levels (≥125 nmol/L). These data were presented at the American Heart...
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BlackRock Sees 'Renewed Sense Of Optimism' Around Bitcoin
Tuesday, November 19, 2024 - 3:06pm | 535Read More...A renewed sense of optimism surrounds Bitcoin (CRYPTO: BTC) adoption following a shift in the regulatory landscape, according to a note from BlackRock (NASDAQ:BLK). What Happened: President-elect Donald Trump‘s campaign promise to maintain a strategic Bitcoin reserve, alongside recent...
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Robinhood Targets Affluent Investors With $300 Million TradePMR Deal
Tuesday, November 19, 2024 - 1:38pm | 554Read More...On Tuesday, Robinhood Markets Inc (NASDAQ:HOOD) said it plans to acquire TradePMR, a custodial and portfolio management platform specializing in registered investment advisors (RIAs). The deal, valued at approximately $300 million in cash and stock, is set to close in the first half of 2025. It is...
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Goldman Sachs To Spin Out Digital Assets Platform Amid Blockchain Push
Monday, November 18, 2024 - 3:53pm | 498Read More...Goldman Sachs Group Inc. NYSE: GS) is advancing its blockchain ambitions, planning to spin out its digital-assets platform into an independent company within the next 12 to 18 months. What Happened: The platform aims to enable large financial institutions to create, trade, and settle financial...
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Biogen's Outlook Dims As Analyst Projects Flat Revenue Until 2026
Monday, November 18, 2024 - 2:18pm | 498Read More...Needham downgraded Biogen Inc (NASDAQ:BIIB), citing limited catalysts for the company over the next year. Alzheimer’s drug Leqembi’s (lecanemab) sales growth is expected to stay gradual without a sharp increase in the near future. The analyst remarked that the physician feedback and...
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AT&T Leverages Fiber Expansion, Analyst Forecasts Strong Returns
Monday, November 18, 2024 - 12:07pm | 313Read More...AT&T Inc (NYSE:T) last week was in the news for the wrong reasons, as hackers gained unauthorized access to its data systems. There is 5%-6% upside to the Street's EBITDA estimates for the company and improving growth could drive "double-digit annualized returns for the stock," according to...
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European And US Vaccine Stocks Are Under Pressure - Here's WHy
Friday, November 15, 2024 - 12:21pm | 712Read More...Some large European and U.S. vaccine maker stocks have fallen in reaction to Robert F. Kennedy Jr.’s nomination to lead the Department of Health and Human Services. Kennedy has been known to be against vaccines and has a track record of making false claims about vaccines, including the...
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Dogecoin Down 9%: What Is Going On?
Friday, November 15, 2024 - 10:10am | 668Read More...Dogecoin’s (CRYPTO: DOGE) 9% price pullback presents a potential buying opportunity, according to optimistic cryptocurrency traders on social media. What Happened: After an 88% rally over the past week, Dogecoin has dropped 9% in Friday trading. On-chain tracker Lookonchain reported that a...
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Samsung Plans Massive $7.2B Stock Buyback: Details
Friday, November 15, 2024 - 9:18am | 248Read More...Samsung Electronics (OTC:SSNLF) announces plans to repurchase shares worth 10 trillion won (~$7.17B) as part of its strategy to boost shareholder value. The Board of Directors approved the buyback program, which will be executed in phases over the next 12 months. Samsung Electronics will repurchase...
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Stock Of The Day: Why Is Advance Auto Rallying On A Loss?
Thursday, November 14, 2024 - 2:11pm | 608Read More...The action in Advance Auto Parts, Inc. (NYSE:AAP) has some investors and traders confused. The company released its earnings report Thursday and it was well short of estimates. But the shares are trading higher. This is why it is our Stock of the Day. The company reported a loss of four cents per...
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Salesforce CEO Marc Benioff Bets Big on Billion Bots
Thursday, November 14, 2024 - 12:17pm | 704Read More...Salesforce Inc. (NYSE:CRM) is aggressively embracing AI in enterprise software. CEO Marc Benioff is positioning the company’s AI agents as the industry’s next significant evolution. The company plans to deploy software bots that can handle various tasks autonomously, aiming to...
















