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US stock futures fall, chipmakers sink as Micron underwhelms

Investing.com-- U.S. stock index futures fell in evening deals on Wednesday, with major chipmaking stocks retreated after memory chip major Micron offered a somewhat middling outlook on earnings.While

Investing.com

Jun 27, 2024

Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg

Investing.com-- Brazilian pulp manufacturer Suzano Papel e Celulose (NYSE:SUZ) will no longer pursue a bid for International Paper (NYSE:IP), after the U.S.-based paper maker cleared a major regulator

Investing.com

Jun 27, 2024

Amazon logistics shows potential for greater efficiency - BofA

Investing.com - Bank of America (NYSE:BAC) (BofA) has reiterated its "Buy" rating for Amazon.com Inc (NASDAQ:AMZN) in a research note on Wednesday, highlighting that there's still room for improvement

Investing.com

Jun 26, 2024

Micron Q3 results beats estimates on AI-led memory chip demand; guidance in-line

nvesting.com -- Micron reported Wednesday fiscal third-quarter results that beat Wall Street estimates on as the growing need for artificial intelligence-optimised hardware boosted memory chip demand.

Investing.com

Jun 26, 2024

Moderna shares decline, RSV vaccine efficacy lags behind competitors

Investing.com - Moderna Inc (NASDAQ:MRNA) experienced an 11% drop on Wednesday after the company disclosed that its respiratory syncytial virus (RSV) vaccine, mResvia, exhibited 50% efficacy in pr

Investing.com

Jun 26, 2024

Exclusive: MCB Real Estate not backing down on efforts to acquire Whitestone REIT

Investing.com -- MCB Real Estate will not back down on its efforts to acquire Whitestone REIT (NYSE:WSR) despite recent offer rejection - the company told Investing.com exclusively. At the beginni

Investing.com

Jun 26, 2024

Activist investor Jana Partners advocates for sale of Rapid7 - WSJ

Investing.com - Jana Partners, an activist investor known for successfully advocating the sale of several companies, has acquired a stake in cybersecurity firm Rapid7 Inc (NASDAQ:RPD) and is encou

Investing.com

Jun 26, 2024

Barnes Group explores strategic alternatives including potential sale - Bloomberg

Investing.com - Barnes Group Inc (NYSE:B), a Connecticut-based manufacturer known for its components utilized in military turbine engines, is said to be considering various strategic options, incl

Investing.com

Jun 26, 2024

US Treasury sells $70B 5-year notes at lower-than-expected yield on rising demand

Investing.com -- The U.S. government sold $70 billion of 5-year notes on Wednesday at a lower-than-expected yield as demand for shorter duration bonds remain solid amid expectations for a sooner rathe

Investing.com

Jun 26, 2024

Investment outlook for global equities in 2H 2024 - Barclays

Investing.com - The second quarter is coming to an end, and analysts at Barclays (LON:BARC) have taken a look at the investment outlook for global equities in the second half of the year.Global Equi

Investing.com

Jun 26, 2024

This stock is seen as Nvidia's 'little brother'

Jefferies analysts started research coverage on electronics manufacturing services provider Fabrinet (NYSE:FN) with a Hold rating and a price target of $230.According to the investment bank, Fabri

Investing.com

Jun 26, 2024

Tesla's push to cut vehicle costs may see Model 3 priced under $35k: Goldman

Tesla (NASDAQ:TSLA) announced in its Q1 2024 report several changes to its vehicle development strategy.Among other things, the electric carmaker said it plans to introduce new models, including more

Investing.com

Jun 26, 2024

This chip stock could stage a 'mother of all catch-up trades' says Mizuho

The semiconductor sector appears overbought at current levels but the “long memory trade” feels alive and well, Mizuho analysts said, driven by a cycle that seems to be accelerating to the upside.Anal

Investing.com

Jun 26, 2024

Does this French stock have a bright future? Stifel answers

Investing.com - Stifel paints an optimistic picture of Compagnie de Saint Gobain SA (EPA:SGOB). The bank highlights the company's long-term strategy, marked by targeted disposals and acquisitions, as

Investing.com

Jun 26, 2024

Cantor: Nvidia still has quite a bit more room to run

Despite becoming one of the most valuable public companies in the world, NVIDIA Corporation (NASDAQ:NVDA) stock has “quite a bit more room” to run, Cantor Fitzgerald analysts said Wednesday.“We have n

Investing.com

Jun 26, 2024

Bernstein on Beiersdorf: Nivea shines, La Prairie recovers in the second half

Investing.com - Beiersdorf 's (ETR:BEIG) brand Nivea continues to show strong performance in Europe and emerging markets, while the luxury brand La Prairie is expected to recover only in the second

Investing.com

Jun 26, 2024

Alphabet remains top buy: Commerzbank raises price target to $220

Investing.com - Commerzbank has raised its target price for Alphabet's (NASDAQ: NASDAQ:GOOGL) Class "C" stock to $220 and continues to recommend the stock as a "Strong Buy." This comes from an analyst

Investing.com

Jun 26, 2024

FedEx, Rivian, Whirlpool rise premarket; Southwest Airlines, Chipotle fall

Investing.com -- U.S. stock futures edged mainly higher Wednesday, continuing to rebound after breaking a three-day losing streak the previous session, helped by tech sector gains.Here are some of the

Investing.com

Jun 26, 2024

Russell rebalance: Deeper tech under-weighting awaits large-cap growth PMs

Benchmark indexes by FTSE Russell are set to undergo this week, with the past year’s unprecedented rally in AI-related stocks expected to leave a major impact on the indexes’ final composition.The Rus

Investing.com

Jun 26, 2024

Futures mostly higher, FedEx's rosy outlook, Rivian surges - what's moving markets

Investing.com -- U.S. stock futures point mostly into the green on Wednesday after a rebound in tech stocks helped the S&P 500 and Nasdaq Composite end multi-day losing streaks in the previous session

Investing.com

Jun 26, 2024

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