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Why Navitas Semiconductor Stock Is Surging Today
Navitas Semiconductor (NASDAQ: NVTS) stock is seeing big gains in Monday's trading. The chip specialist's share price was up 11.3% as of 2:15 p.m. ET. Meanwhile, the S&P 500 index was up 0.5%, and the Nasdaq Composite index was up 1%.The broader market is rallying today, and the semiconductor indust...
The Motley Fool
Mon, Jan 6
US STOCKS-Wall Street advances on hopes for selective Trump tariffs
Carmakers rise after report Trump aides seeking selective tariffsPhiladelphia SE Semiconductor index hit two-month highCitigroup gains on brokerage upgradeFed's Barr to resign early; banks riseIndexes up: Dow 0.16%, S&P 500 0.70%, Nasdaq 1.24%Updates to mid-session tradingBy Sruthi Shankar, Johann M...
Reuters
Mon, Jan 6
BUZZ-Raymond James rises after UBS upgrades to 'buy'
** Shares of wealth manager Raymond James RJF.N rise as much as 2.6%; last up 1.9% at $160.64** UBS upgrades RJF to "buy" from "neutral"; raises PT to $185 from $150, a 17.3% upside to the stock's last close** Brokerage cites RJF's differentiated advisor platform behind the upgrade, which it says ha...
Reuters
Mon, Jan 6
Why Plug Power Stock Rocketed Higher Today
Shares of hydrogen producer and fuel cell maker Plug Power (NASDAQ: PLUG) soared 22.2% Monday, as of 1:45 p.m. ET. That extended Friday's gain that came after the U.S. Department of the Treasury released final rules for the clean hydrogen production tax credit established by the Inflation Reduction ...
The Motley Fool
Mon, Jan 6
BUZZ-LPL Financial rises after UBS upgrades to 'buy'
** Shares of wealth manager LPL Financial LPLA.O rise as much as 3.5%; last up 1.8% at $339.11** UBS upgrades LPLA to "buy" from "neutral"; raises PT to $390 from $280, a 17% upside to stock's last close** Brokerage anticipates an acceleration of client asset and cash growth over the coming quarters...
Reuters
Mon, Jan 6
BUZZ-CME Group falls after Citi downgrades to 'neutral'
** Shares of derivatives exchange CME Group CME.O fall as much as 2.6%; last down 2% at $227.82** Citi Research downgrades CME to "neutral" from "buy"; cuts PT to $250 from $255, which is still a 7.5% upside to the stock's last close** Brokerage says after two solid years of double-digit revenue gro...
Reuters
Mon, Jan 6
Why Luminar Stock Is Skyrocketing Today
Luminar (NASDAQ: LAZR) stock is posting huge gains in Monday's trading. The lidar company's share price was up 20.7% as of 1:30 p.m. ET amid the backdrop of a 0.9% jump for the S&P 500 index and gains of 1.4% for the Nasdaq Composite index.Luminar stock is soaring today thanks to surging bullish mom...
The Motley Fool
Mon, Jan 6
BUZZ-Barclays upgrades Hartford Financial to 'overweight' rating
** Barclays upgrades insurer Hartford Financial Services HIG.N to "overweight" from "equal weight" rating** Brokerage says HIG's pricing has been most favorable in the small to mid-segment in commercial property and casualty (P&C) insurance** Barclays raises PT to $135 from $130, representing an abo...
Reuters
Mon, Jan 6
Why Nvidia Stock Rallied to a Record High Monday Morning
Nvidia (NASDAQ: NVDA) stock hit a new all-time high Monday morning, shaking off its mid-December slump and jumping as much as 5.3%. As of 1:19 p.m. ET, the stock was still up 4.7%.There were a couple of developments that sent the artificial intelligence (AI) chipmaker higher, as shareholders eagerly...
The Motley Fool
Mon, Jan 6
BUZZ-U.S. STOCKS ON THE MOVE-Kratos, Forward Air, Bank stocks
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Monday to one-week highs as optimism around AI boosted semiconductor stocks, and a report suggested th...
Reuters
Mon, Jan 6
LIVE MARKETS-Investors place more bets on AI with all eyes on Vegas
Main U.S. indexes rally; Nasdaq out front, up ~1.4%Tech leads S&P sector gainers; Utilities weakest groupDollar slides; gold slips; crude off ~1%; bitcoin up ~4%U.S. 10-Year Treasury yield edges up to ~4.62%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo...
Reuters
Mon, Jan 6
Why fuboTV Stock Tripled Today
Shares of fuboTV (NYSE: FUBO), the struggling sports streaming service, were skyrocketing today after the company agreed to merge fuboTV with Hulu Live TV, owned by Walt Disney (NYSE: DIS), under the fuboTV name and ticker.FuboTV will own 30% of the new company, while Disney will own 70%. Start Yo...
The Motley Fool
Mon, Jan 6
Why AST SpaceMobile Stock Popped on Monday
Direct-to-cell satellite communications company AST SpaceMobile (NASDAQ: ASTS) enjoyed a modest share price boost Monday after announcing it has secured "up to 45 MHz of Premium Lower Mid-Band Spectrum in the United States" from privately held Ligado Networks. AST stock is up 3.2% through noon ET.Wh...
The Motley Fool
Mon, Jan 6
LIVE MARKETS-S&P 500 negative outlooks for Q4 above Q3 levels
Main U.S. indexes rally; Nasdaq out front, up ~1.4%Tech leads S&P sector gainers; Utilities weakest groupEuro STOXX 600 index up ~1%Dollar slides; gold, crude dip; bitcoin up >3%U.S. 10-Year Treasury yield edges up to ~4.62%Welcome to the home for real-time coverage of markets brought to you by Reut...
Reuters
Mon, Jan 6
Why T-Mobile Shares Plunged on a Strong Day for the Nasdaq
Shares of T-Mobile (NASDAQ: TMUS) fell 4.3% on Monday as of 11:37 a.m. ET, a notable decline even as the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up over 1.8% by that time.T-Mobile was a massive winner in 2024, finishing the year up 40% with dividends included. However, with its shares perhaps refl...
The Motley Fool
Mon, Jan 6
Why Micron Technology Stock Is Soaring Today
Micron Technology (NASDAQ: MU) stock is surging in Monday's trading. The storage solutions company's share price was up 11.7% as of 1 p.m. EST amid the backdrop of a 1% gain for the S&P 500 index and a 1.5% rally for the Nasdaq Composite index.Micron stock is gaining ground today thanks to Nvidia-re...
The Motley Fool
Mon, Jan 6
Nvidia Stock Is Surging Today -- Is the AI Leader's Stock a Smart Buy for 2025?
Nvidia (NASDAQ: NVDA) stock is seeing strong gains in Monday's trading. The company's share price was up 4.7% as of 12:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 1.1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 1.6%.Nvidia stock is climbing today following a fourth-quarter...
The Motley Fool
Mon, Jan 6
GLOBAL MARKETS-Stocks rise, dollar drops after Trump denies tariff policy pullback
Wall Street stocks higherEuropean stocks and currencies rallyU.S. dollar index fallsCrude prices rises amid Winter stormUpdates to U.S. middayBy Chibuike Oguh NEW YORK, Jan 6 (Reuters) - Global stocks rose while the U.S. dollar index dropped on Monday after President-elect Donald Trump denied a ...
Reuters
Mon, Jan 6
Why Wolfspeed Stock Plunged 30% in December
Shares of semiconductor company Wolfspeed (NYSE: WOLF) tumbled 30.5% last month, according to data provided by S&P Global Market Intelligence, as investors processed two bits of bad news for the company.The first was a report by Axios highlighting the company's recent struggles with management and a...
The Motley Fool
Mon, Jan 6
US STOCKS-Wall St hits one-week high after report of selective Trump tariffs
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Carmakers up after report Trump aides seeking selective tariffsPhiladelphia SE Semiconductor index hits two-month highCitigroup gains on brokerage upgradeFed's Barr to resign early; banks riseI...
Reuters
Mon, Jan 6
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