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Home Depot Stock Falls After Giving Cautious Preliminary Forecast for Next Year
Home Depot Inc. is offering cautious preliminary guidance for next year, a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term.Home Depot shares edged down 1.4% in premarket trading Tuesday.The company expects comparable sales growth to be in a ...
Tiger News
Tue, Dec 9
Trump May Make Tariff Changes To Lower Some Prices: Politico
Trump May Make Tariff Changes To Lower Some Prices: PoliticoTrump: Would Make Support For Immediately Slashing Interest Rates A Litmus Test In Choice Of A New Federal Reserve Chair
Tiger News
Tue, Dec 9
Premarket Movers | Ares Management Jumps over 8% on S&P 500 inclusion; Wave Life Sciences Rises Another 4%; WBD Pops Nearly 2%
Shares of Ares Management jumped over 8% in premarket trading. Ares Management will join the S&P 500 before market open on December 11, S&P Dow Jones Indices said on Monday, becoming the latest alternative asset manager to join the benchmark index.The company will replace Pringles-maker Kellanova i...
Tiger News
Tue, Dec 9
Premarket Movers | Nvidia, AMD Rally About 2%; Intel Rises 1%. US to Allow Nvidia H200 Chip Shipments to China, Trump Says
Nvidia, AMD shares rallied about 2%; Intel rose 1% in premarket trading. The U.S. government will allow NVIDIA to export its H200 artificial intelligence chips to China, collecting a fee for each chip, U.S. President Donald Trump said on Monday.The United States will allow Nvidia's H200 processors, ...
Tiger News
Tue, Dec 9
HK Movers | Bao Pharma Jumps 105% in Grey Market
Bao Pharma shares jumped 105.3% in in Hong Kong grey market.Founded in 2019, Bao Pharma focuses on four key therapeutic areas, including large-volume subcutaneous drug delivery systems, antibody-mediated autoimmune disease therapies, assisted reproduction and recombinant biologics.The company record...
Tiger News
Tue, Dec 9
Crypto Daily | Strategy Adds $963 Million in BTC; BitMine Buys $429 Million in Ethereum; HashKey Launches Hong Kong IPO
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsCFTC Deepens Crypto Push With Approval of Derivatives CollateralThe Commodity Futures Trading Commission will allow Bitcoin, Ether, and the dollar-pegged stablecoin...
Tiger News
Tue, Dec 9
RBA Leaves Cash Rate at 3.6% as Predicted
The number: The Reserve Bank of Australia held the cash rate at 3.6 per cent, as widely expected by the market and economists, after two inflation reports came in above market expectations and the central bank’s target range. The decision was unanimous.Why it matters: The RBA has reduced the cash ra...
Tiger News
Tue, Dec 9
RBA Leaves Cash Rate at 3.6% as Predicted
The number: The Reserve Bank of Australia held the cash rate at 3.6 per cent, as widely expected by the market and economists, after two inflation reports came in above market expectations and the central bank’s target range. The decision was unanimous.Why it matters: The RBA has reduced the cash ra...
Tiger News
Tue, Dec 9
Tesla Stock Drops 3% as New Morgan Stanley Analyst Downgrades Shares, Citing Valuation
Morgan Stanley’s newest Tesla Motors analyst downgraded the bank’s rating on the stock, a reversal from a prior bullish position.
Tiger News
Tue, Dec 9
HK Movers | Biomedical Stocks Jump With Ascletis Pharma up 21%, Sirnaomics up 11%
Biomedical stocks jumped in Hong Kong. Ascletis Pharma rose 21%; Sirnaomics rose 11%; Joinn Laboratories rose 10%; WuXi XDC rose 5%; Pharmaron and WuXi Biologics rose 4%; WuXi AppTec rose 3%.
Tiger News
Tue, Dec 9
24H|Sezzle Jumped 7%; Vital Farms And Wave Life Gained 3%; Nvidia And AMD Rose 2%
Shares of digital payments company Sezzle Inc and food company Vital Farms rose after it was disclosed that both would be added to the S&P SmallCap 600 index.Sezzle's stock were up 7%, while shares of Vital Farms gained 3% in overnight trading.Wave Life Sciences rose 3% after surging 147% on Monday...
Tiger News
Tue, Dec 9
HK Movers | Able Digital Extends Rally, Jumps Another 14% After an 87% Surge on Debut
Able Digital extended rally, jumped another 14% in Hong Kong after an 87% surge on debut.Able Digital is a renowned provider of digital teaching solutions for higher education institutions in China, committed to delivering and operating digital educational content, digital teaching environments, and...
Tiger News
Tue, Dec 9
HK Movers | Ascletis Pharma Surges as ASC30 Shows Positive Top-Line Results in 13-Week Phase 2 Obesity Trial
Ascletis Pharma surged 23.3% in Hong Kong.Ascletis Pharma announced that its 13-week Phase II study (NCT07002905) evaluating the oral small-molecule GLP-1 receptor (GLP-1R) agonist ASC30 for the treatment of obesity has achieved positive top-line results. In addition to delivering statistically sign...
Tiger News
Tue, Dec 9
Post-Bell | US Stocks End Lower. Tesla, Netflix Fall 3%; Marvell down 7%; Nvidia up 2%; Broadcom Rises 3%; WBD Climbs 4%; Confluent Surges 29%
Wall Street's main indexes closed lower on Monday, with most S&P 500 industry sectors in the red, while Treasury yields gained as investors waited nervously for the Federal Reserve monetary policy update due in two days.Market SnapshotThe Dow Jones Industrial Average fell 215.67 points, or 0.45%, to...
Tiger News
Mon, Dec 8
Market Movers | Wave Life Sciences Rockets 100%; Kymera Therapeutics Soars 48%; Carvana, DXYZ Jump 8% Each; CoreWeave Falls 5%
Wave Life Sciences shares jumped over 100% on Monday after it said it received encouraging preliminary trial data for its investigational weight loss drug WVE-007. The clinical-stage biotechnology company said that it has seen positive interim data from the lowest therapeutic cohort of the continuin...
Tiger News
Mon, Dec 8
Paramount Skydance Launches Hostile Bid for WBD After Netflix Wins Bidding War
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets.Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That's the same bid WBD rejected last week, according to p...
Tiger News
Mon, Dec 8
Top Calls on Wall Street: Nvidia, Apple, Tesla, GM, Carvana, Generac, Five Below, Oracle & More
Here are Monday’s biggest calls on Wall Street:HSBC upgrades Visa, Mastercard to Buy from HoldHSBC upgrades both payment stocks and says it sees attractive entry points.“Upgrade V to Buy - TP to 389from389 from 389from335; upgrade MA to Buy – TP to 633from633 from 633from598.”Morgan Stanley downgrad...
Tiger News
Mon, Dec 8
Trump: I Will Be Doing A One Rule Executive Order This Week On AI
Trump: I Will Be Doing A One Rule Executive Order This Week On AI
Tiger News
Mon, Dec 8
Pre-Bell|U.S. Futures Edge Up; Confluent Surges 29%; Kymera Therapeutics Rockets 28%; Carvana Jumps 9%; Broadcom Rises over 2%; Tesla Falls 1.6%; CoreWeave Drops 6%
U.S. stock index futures edged higher on Monday, supported by expectations that the Federal Reserve will deliver a long-awaited interest rate cut later this week at a meeting widely seen as one of the most divisive in recent history.Market SnapshotAt 8:30 a.m. ET, Dow e-minis were up 3 points, or 0....
Tiger News
Mon, Dec 8
Premarket Movers | Big Techs Mostly Jump With TSMC, Oracle, Broadcom, Micron, Netflix Rising over 1%; Crypto Shares Gain With BitMine up over 5%; SBET up 4%
Big tech stocks mostly rose in premarket trading. TSMC, Oracle, Broadcom, Micron, Netflix shares rose over 1%.Crypto shares jumped in premarket trading. Strive, BitMine up over 5%; SharpLink Gaming up 4%; Canaan, Strategy, Riot Platforms DeFi Tech, MARA Holdings, Circle, Coinbase up over 2%.
Tiger News
Mon, Dec 8
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