Tiger

Cathie Wood is a firm believer that the economy is on the precipice of a technological revolution. At some point next year, though, she warns, interest rates will reverse, and that is going to prompt a “shudder throughout the market” and a reality check on AI valuations.As the chief executive office...

Here are Tuesday’s biggest calls on Wall Street:Wells Fargo initiates Vistra Energy as overweightWells said the utility and energy company is well positioned.“We are initiating coverage of VST with an Overweight rating, as it fits within the absolute call on IPPs [independent power producer]—similar...

Nuclear stocks rose in Tuesday trading. Cameco up 20%; NexGen Energy, Uranium up 11%; NuScale Power up 9%; Energy Fuels up 8%; Nano Nuclear, Centrus up 5%.The federal government is putting its might behind nuclear energy and at least two players in the nuclear space are set to benefit.Brookfield Ass...

Uber Technologies Inc. is planning to invest in the Hong Kong listings of Pony AI Inc Inc. and WeRide Inc. Inc., according to people familiar with the matter, deepening the ride-hailing giant’s ties with the Chinese robotaxi firms.Uber may invest about $100 million in Pony AI’s share sale, the peopl...

Trump Media & Technology, operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, today announced that it will make prediction markets available on Truth Social through an exclusive arrangement with Crypto.com | Derivatives North America (CD...

S&P 500 futures were little changed Tuesday following a big rally to start the week.Market SnapshotAt 8:22 a.m. ET, Futures linked to the broad market index traded just above the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were up 232 points, or 0.5%.Pre...

UPS’s third-quarter profit topped Wall Street’s estimates as the courier’s plan to reshape its delivery network starts to show results.Adjusted earnings were $1.74 a share in the period, the company said Tuesday in a statement. That beat the $1.32 average of analyst estimates compiled by Bloomberg. ...

Pony AI Inc and WeRide Inc., two of China’s leading autonomous driving companies, have filed prospectuses for initial public offerings (IPOs) in Hong Kong, marking a milestone for the nation’s driverless technology sector, as it seeks capital market validation amid intensifying global competition....

Gold prices extended losses on Tuesday to a near three-week low, as optimism over a potential U.S.-China trade deal dented demand for safe-haven bullion, while investors looked forward to major central bank policy announcements this week.Spot gold was down 1.5% at $3,923 per ounce, hitting its lowes...

Qorvo rose 10% in premarket trading.Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy rival Qorvo, The Information reported on Tuesday, citing people familiar with the matter.Qorvo, which has a market cap of $8.54 bil...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSaylor’s Strategy Is Tagged Junk by S&P in Initial RatingS&P Global Ratings assigned Strategy Inc. a junk level credit rating, citing the enterprise software maker ...

China’s Shanghai Composite Index Surpasses 4,000 Points, Hits 10-Year High

Perpetua Resources shares gained another 6.6% in overnight trading. The shares jumped 6.6% on Monday after saying it entered into agreements to raise $255 million in equity investments from Agnico Eagle Mines and JPMorganChase in a private placement.Cadence Design Systems forecast fourth-quarter pro...

Gold recovered slightly after dropping below $4,000 an ounce on Monday, as progress in US-China trade talks reduced demand for safe-haven assets.

The State Board of Administration of Florida (SBA) has given a significant endorsement to Tesla's proposed $1 trillion compensation plan for CEO Elon Musk. This development was disclosed in a filing submitted to the Securities and Exchange Commission (SEC) on Monday.

JPMorgan has raised its price target on Alphabet stock to $300.00 from $260.00 while maintaining an Overweight rating.

Wall Street's main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a U.S.-China trade deal and looked forward to a week packed with high-profile technology earnings and a widely expected U.S. interest rate cut.

Celestica shares rose 10% in overnight trading. Celestica reported Q3 adjusted earnings late Monday of $1.58 per diluted share, up from $1.04 a year earlier. Revenue for the three months ended Sept. 30 was $3.19 billion, up from $2.50 billion a year earlier.Confluent shares rose nearly 9% after repo...

Apple and Microsoft are approaching the $4 trillion market-cap milestone, joining Nvidia, which reached $4.6 trillion in July. Apple shares need to close above $269.54, Microsoft above $538.13. Nvidia reached $4 trillion in 273 trading days after hitting $3 trillion, while Apple and Microsoft have t...

Here are the biggest calls on Wall Street on Monday:Wells Fargo reiterates Bank of America as overweightThe firm raised its price target on the stock.“We expect BAC to post a new 16%-18% ROTCE target at its Nov. 5 investor day on expectations that it can better monetize its unique franchise. Increas...