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Is SoundHound AI Stock a Buy?
The rapidly growing artificial intelligence (AI) market fueled a surge in the price of many AI-focused stocks. One of these is SoundHound AI (NASDAQ: SOUN).Over the past 12 months, its stock skyrocketed an eye-popping 848% through Jan. 6. Part of these gains are due to its status as a meme stock. An...The Motley Fool
Fri, Jan 10
GLOBAL MARKETS-Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Wall Street stocks trade lowerU.S. yields hit highest since November 2023European shares finish downU.S. dollar index reaches highest since November 2022Crude prices jump after U.S. unveils fresh Russia sanctionsUpdates prices throughout with U.S. markets closeBy Chibuike Oguh and Amanda Cooper N...Reuters
Fri, Jan 10
Why Coinbase Stock Jumped 43% Last Year
Shares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped 42.8% in 2024, according to data provided by S&P Global Market Intelligence. The cryptocurrency space came roaring back to life throughout the year. And given that Coinbase is a leading cryptocurrency infrastructure company, it's...The Motley Fool
Fri, Jan 10
UPDATE 6-Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
Deal driven by rising electricity demand from AI and electrificationConstellation to become largest US independent power providerTransaction to add $2 billion to Constellation's annual free cash flowShares of Constellation jump 24% after acquisition announcementAdds executive quotes in paragraph 5By...Reuters
Fri, Jan 10
CANADA STOCKS-TSX falls over 1% as rising bond yields trigger profit-taking
TSX ends down 1.2% at 24,767.73Posts its lowest closing level in 2025Financials and real estate lose 1.8%Energy adds 1.1%; oil settles 3.6% higherUpdates at market closeBy Fergal Smith Jan 10 (Reuters) - Canada's main stock index posted its biggest decline in over three weeks on Friday as rising ...Reuters
Fri, Jan 10
Lexaria Bioscience Corp reports results for the quarter ended November 30 - Earnings Summary
Lexaria Bioscience Corp LEXX.OQ reported a quarterly adjusted loss of 16 cents per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of -13 cents. The lone analyst forecast for the quarter was for a loss of 12 cents per share. Revenue wa...Reuters
Fri, Jan 10
Where Will Cava Be in 1 Year?
Shares of Mediterranean restaurant chain Cava Group (NYSE: CAVA) were among the best performers on the stock market in 2024. Late in the year, Cava stock was up 251%. And while it slipped near 2024's finish line, it still finished the year up 162%, which is an extraordinary one-year return.Now 2024 ...The Motley Fool
Fri, Jan 10
Dunxin Financial Holdings Limited Announces Name Change to Eason Technology Limited
HONG KONG, Jan. 11, 2025 /PRNewswire/ -- Dunxin Financial Holdings ("DXF" or the "Company") (OTC Pink: DXFFY, DXFFD) is pleased to announce that effective on January 10, 2025, the Company will change its name to "Eason Technology Limited" and its dua...PR Newswire
Fri, Jan 10
Nasdaq short interest up 2.7% in late December
NEW YORK, Jan 10 (Reuters) - Short interest on the Nasdaq rose 2.7% in late December, the exchange said on Friday.As of Dec. 31, short interest rose to about 14.468 billion shares, compared with 14.092 billion shares as of Dec. 15.Investors who sell securities 'short' borrow shares and then sell the...Reuters
Fri, Jan 10
UPDATE 1-HPE secures $1 bln AI server deal for Elon Musk's X, Bloomberg News reports
Adds company's response in paragraph 3Jan 10 (Reuters) - Hewlett Packard Enterprise HPE.N has struck a deal worth over $1 billion to provide Elon Musk's social media platform X with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the...Reuters
Fri, Jan 10
Why Meta Platforms Stock Jumped 65% in 2024
Shares of Meta Platforms (NASDAQ: META) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark once again.Like other tech stocks, Meta Platforms jumped on the broader AI boom as it experienced a resurgence in advertising revenue and moved past its earlier metaverse misste...The Motley Fool
Fri, Jan 10
Why Dogecoin Is Jumping Today
Dogecoin (CRYPTO: DOGE) is seeing significant gains in Friday's trading. The cryptocurrency's token price was up 4.5% over the past 24 hours, as of 4:30 p.m. ET. Meanwhile, the price of Bitcoin was up 2.9%, and the price of Ethereum was up 1.7%.Despite a big pullback for the stock market due to macr...The Motley Fool
Fri, Jan 10
BUZZ-US stocks weekly: Seesaw
** S&P 500 .SPX falls 1.9% as employment data stokes inflation fears .N** Indeed, Santa disappointed, and then new year cheer fades away; benchmark index tests support** This as the Dow .DJI falls 1.9%, and Nasdaq Composite .IXIC sags 2.3%** And broader market has been beaten up. With this, some bea...Reuters
Fri, Jan 10
UPDATE 1-Russell 2000 confirms correction as rate-cut hopes fade
Updates with closing pricesBy Chuck Mikolajczak Jan 10 (Reuters) - The economically sensitive Russell 2000 small-cap index closed down more than 10% from its most recent November high on Friday, commonly known as correction territory, as investors scaled back expectations for rate cuts by the Fed...Reuters
Fri, Jan 10
Why Meta Platforms Stock Bucked the Market's Trend and Rallied Friday
Despite the market's dour mood on Friday, shares of Meta Platforms (NASDAQ: META) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%.It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, e...The Motley Fool
Fri, Jan 10
Boqii Announces ADS Ratio Change
SHANGHAI, Jan. 11, 2025 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ) today announced that it will change its ratio of its American Depositary Shares ("ADSs") to Class A ordinary shares from one (1) ADS representing fifteen (1...PR Newswire
Fri, Jan 10
Why UPS Stock Is Falling Today
It appears a deal between United Parcel Service (NYSE: UPS) and the U.S. Postal Service was not renewed for 2025, and investors are trying to make sense of what that would mean for the transportation company. Details remain scarce and investors loathe uncertainty, helping to push UPS shares down abo...The Motley Fool
Fri, Jan 10
UPDATE 1-US STOCKS-Wall Street ends lower as blowout job data spooks traders
December US job growth beats expectationsWalgreens set for best day since 1980 after Q1 profit beatConstellation Brands slides after trimming FY forecastsUniversity of Michigan survey showed consumer sentiment droppedIndexes off: Dow 1.63%, S&P 1.54% and Nasdaq 1.63% Updates with closing pricesBy Jo...Reuters
Fri, Jan 10
Why IonQ Stock Is Surging Today
IonQ (NYSE: IONQ) stock is posting big gains in Friday's trading despite sell-offs for the broader market. The quantum computing specialist's share price was up 7.2% as of 2:45 p.m. ET and had been up as much as 12.3% earlier in the session. Meanwhile, the S&P 500 index and the Nasdaq Composite inde...The Motley Fool
Fri, Jan 10
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025January 28-29 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT)March 18-19 (second day: statement released 1400 ED...Reuters
Fri, Jan 10
