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U.S. STOCKS ON THE MOVE-Netflix, Acadia Pharma, CoreWeave
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were on track for weekly gains on Friday, buoyed by a U.S.-China tariff truce, though soft consumer sentiment data on the day kept risk-taking in check..N ...Reuters
Fri, May 16
Why CoreWeave Rocketed as High as 26% Today
Shares of artificial intelligence (AI) "neocloud" company and recent IPO CoreWeave (NASDAQ: CRWV) rocketed higher Friday morning, increasing as much as 26.3% on the day, before settling into a 22.5% gain as of 1:15 p.m. ET.It's interesting the stock had such a big jump today, as CoreWeave reported f...The Motley Fool
Fri, May 16
Novo Nordisk ousts CEO after falling behind in weight loss market
CEO 'surprised' by move to replace him after 8 yearsJorgensen led company during meteoric rise of shares, Wegovy salesCEO will remain in his role until replacement is foundWegovy overtaken in the US by rival Eli Lilly's ZepboundNovo's shares slip, having fallen 59% since June 2024By ...Reuters
Fri, May 16
Why Advanced Micro Devices Stock Is Skyrocketing This Week -- Has the Nvidia Rival's Day Finally Come?
Shares of Advanced Micro Devices (NASDAQ: AMD) are flying higher this week. The company's stock has gained 14.2% as of 12:02 p.m. ET on Friday. The S&P 500 and Nasdaq-100 indexes both had major gains in the same period.The chipmaker announced a significant expansion of its share buyback program this...The Motley Fool
Fri, May 16
British stocks rise on trade optimism
FTSE 100 and FTSE 250 up 0.6% eachUpcoming UK-EU summit aims to improve post-Brexit ties Workspace Group shares drop after profit warningSt James's gains after JP Morgan upgrade May 16 (Reuters) - British equities closed higher on Friday, as the recent de-escalation of the global tariff war s...Reuters
Fri, May 16
Why UnitedHealth Stock Is Crashing This Week
Shares of UnitedHealth Group (NYSE: UNH) are plummeting this week. The company's stock is down 27.4% as of 12:29 p.m. ET. The collapse comes as the S&P 500 (SNPINDEX: ^GSPC) gained 4.7% and the Nasdaq-100 gained 6.4%.It was reported this week that the troubled health insurance giant is facing a crim...The Motley Fool
Fri, May 16
Why Doximity Stock Is Plummeting Today
Shares of the leading digital platform for U.S. medical professionals, Doximity (NYSE: DOCS), were down 14% as of noon ET Friday, according to data provided by S&P Global Market Intelligence.Doximity wrapped up its fiscal 2025 on Friday, delivering revenue and free cash flow (FCF) growth of 20% and ...The Motley Fool
Fri, May 16
Quantum stocks entangle as Quantum Computing shares surge 35% on results
** Quantum Computing QUBT.O shares surging 35% to $12.50 on Fri and hit their highest since January after the company reported quarterly results including higher rev** Shares of D-Wave Quantum QBTS.N jumped 8%, while Rigetti Computing RGTI.O rose 1.2% ** Quantum Computing late Thurs reported a 44% l...Reuters
Fri, May 16
CoreWeave surges to highest since March IPO
** CoreWeave CRWV.O shares soaring 24% on Fri in latest volatile session for the AI data center operator ** The Nvidia-backed NVDA.O co has signed an additional agreement with OpenAI under which the ChatGPT maker has committed to pay CRWV up to $4 bln through April 2029, a regulator...Reuters
Fri, May 16
US STOCKS-Wall Street set for weekly gains on trade deal, weak data curbs enthusiasm
Indexes up: Dow 0.04%, S&P 500 0.17%, Nasdaq 0.12%Charter Communications rises after co to buy Cox CommunicationsU. Mitch Consumer Sentiment Index at 50.8 vs 53.4 estimateApplied Materials falls after Q2 revenue miss By Pranav Kashyap and Shashwat Chauhan May 16 (Reuters) - Wall Street's ...Reuters
Fri, May 16
Pioneer Power Solutions Inc reports results for the quarter ended March 31 - Earnings Summary
Pioneer Power Solutions Inc PPSI.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share....Reuters
Fri, May 16
Acadia Pharma soars after favorable court ruling in patent dispute
** Shares of drug developer Acadia Pharmaceuticals ACAD.O rise 34.2% to over 1-year high of $23.61** U.S. District Court for the District of Delaware has ruled that India's Aurobindo Pharma infringes on two of Acadia Pharmaceuticals' patent claims ** The court has rejected Aurobindo's ar...Reuters
Fri, May 16
LIVE MARKETS-Treasury yields may fall with more clarity on US budget
Main US indexes edge higher; S&P 500 up ~0.2%Healthcare leads S&P 500 sector gainers; Energy, tech dipDollar rallies; bitcoin up ~1%; crude up ~1.5%; gold down >1.5%U.S. 10-Year Treasury yield edges down to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
Fri, May 16
UBS downgrades Iovance on sluggish uptake of skin cancer drug
** Brokerage UBS downgrades drugmaker Iovance Biotherapeutics IOVA.O to "neutral" from "buy", trims PT to $2 from $17** New PT still implies a 13.6% upside to the stock's last close** Iovance's sales of its skin cancer drug, Amtagvi, were lower-than-expected in the first quar...Reuters
Fri, May 16
Netflix up after Canaccord raises price target
** Shares of Netflix NFLX.O up 1.1% at $1,190.96** Canaccord Genuity raises PT on NFLX to $1,380 from $1,200** Brokerage believes NFLX's ad tier may be approaching an inflection point and emerging as a key driver of its long-term growth strategy ** NFLX has been growing its investment in U.S. pr...Reuters
Fri, May 16
Assura takeover battle heats up as UK peer PHP outbids US suitors
New PHP offer is 4.7% higher than KKR-Stonepeak bidAnalyst says PHP offer is more attractiveAssura says its board is reviewing PHP's new offer By Yamini Kalia and Yadarisa Shabong May 16 (Reuters) - British healthcare real estate investor Primary Health Properties (PHP) PHP.L has offered to b...Reuters
Fri, May 16
Doximity falls on FY26 revenue forecast miss
** Shares of telehealth firm Doximity DOCS.N slump 14.7% to $49.84 after co's forecast misses expectations** Co forecasts FY26 revenue between $619 mln and $631 mln vs analysts' estimate of $635 mln - data compiled by LSEG ** Midpoint of Q1 revenue outlook also below estimate ** At least fou...Reuters
Fri, May 16
