News
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Big Holder Steps Back: Air Lease Stock Out Due to Pending Buyout
Key PointsSold 1,707,042 shares, reducing the stake by an estimated $99.81 millionPost-trade position: 6,128 shares valued at $390,047Air Lease represented approximately 1.44% of fund AUM last quarter; now 0.01%, outside the fund's top five holdingsThese 10 stocks could mint the next wave of million...The Motley Fool
Mon, Dec 1
Why Robinhood Stock Is Crashing Today
Key PointsChina is cracking down on crypto again, and cryptocurrency prices are falling.Robinhood depends on popular crypto trades for much of its revenue growth.10 stocks we like better than Robinhood Markets › Robinhood Markets (NASDAQ: HOOD) stock tumbled 7.1% through 10:35 a.m. ET Monday, and I ...The Motley Fool
Mon, Dec 1
Top Calls on Wall Street: Nvidia, Tesla, Alphabet, Apple, Amazon, Marvell, Chime, Carvana, and More
Here are Monday’s biggest calls on Wall Street.Morgan Stanley reiterates Nvidia and Broadcom as overweightThe firm raised its price target on Nvidia to $250 per share from $235 and on Broadcom to $443 per share from $409.“Focus is AI strength across the board; we raise estimates on AVGO but importan...Tiger News
Mon, Dec 1
London-listed miners rise on hopes of US rate cut
Shares of UK-listed miners rise on growing expectations that U.S. interest rate cuts will lift precious metals prices.Fresnillo FRES.L shares jumped 4.9%, leading gains on the FTSE 100 .FTSE, followed by Antofagasta up 2.6% and Endeavour Mining up 2.4%Glencore gains 2.2% and Anglo American rises 2.2...Reuters
Mon, Dec 1
Newell Brands up after Sharpie maker announces 900 job cuts
Shares of Newell Brands NWL.O up about 2% at $3.72The Sharpie maker will cut 900 jobs, or 3.8%, of its global workforce and take up to $90 million in restructuring chargesThe restructuring effort is expected to bring in annualized cost savings of about $110 million to $130 millionCo says it will clo...Reuters
Mon, Dec 1
1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now
Key PointsAI will help Netflix employ its proprietary user data to grow and enhance its streaming business.The company has a long runway, with multiple ways to expand revenue.Its 20% share price slide since its earnings release has priced the stock at a desirable valuation.10 stocks we like better t...The Motley Fool
Mon, Dec 1
LIVE MARKETS-Wall Street starts December trading in the red
US equity indexes fall: Nasdaq leads lossesUtilities lead S&P sector losses, energy leads gainersEuro STOXX 600 index off ~0.3%Dollar falls; bitcoin slides >5%; gold, crude gainUS 10-Year Treasury yield rises to ~4.08%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Mon, Dec 1
Vaccine Stocks Falls as FDA Vows to Impose New Vaccine Requirements
Moderna Inc. fell Monday after the Food and Drug Administration said in a memo late last week it would place new restrictions on which vaccines hit the market.Vinay Prasad, a top FDA official, blamed Covid shots for playing a role in the deaths of 10 children in the memo he sent to agency staff on F...Tiger News
Mon, Dec 1
CANADA STOCKS-TSX retreats from record high as investors await bank earnings
By Avinash P Dec 1 (Reuters) - Canada's main stock index slipped on Monday, led by losses in technology shares, as investors paused after November's strong rally and looked ahead to a busy week of bank earnings.At 10:04 a.m. ET, Toronto's S&P/TSX composite index .GSPTSE was down ...Reuters
Mon, Dec 1
If You'd Invested $100 in MP Materials 5 Years Ago, Here's How Much You'd Have Today
Key PointsMP Materials owns and operates the Mountain Pass mine in California -- one of the only scaled rare earth mines in the U.S. The company's five-year stock performance shows how much enthusiasm has been recently baked into the share price. 10 stocks we like better than MP Materials › MP Mater...The Motley Fool
Mon, Dec 1
What To Know Before Buying Plug Power Stock
Key PointsPlug Power has multiple growth drivers. The company's financial profile has been a problem in the past. Plug believes it can fund its current plan, which puts it on track to achieve profitability by 2028. 10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) is a very popula...The Motley Fool
Mon, Dec 1
Targa gains on deal to acquire Stakeholder Midstream for $1.25 bln
Shares of pipeline operator Targa Resources TRGP.N rise 1.65% to $178.2 Co says it will buy Stakeholder Midstream in a $1.25 billion all-cash deal TRGP plans to fund the acquisition with cash and its existing $3.5 billion revolving credit facility Deal expected to close in the first qu...Reuters
Mon, Dec 1
Goldman Sachs Upgrades Chime Financial to Buy From Neutral, Adjusts Price Target to $27 From $26
Goldman Sachs upgraded fintech company Chime Financial from Neutral to Buy and set a price target of $27.00.Chime shares jumped 5.7% in morning trading.The upgrade comes as Goldman Sachs believes the market is underappreciating the take rate tailwinds from Chime’s new Chime Card, which was announced...Tiger News
Mon, Dec 1
BillionToOne wins upbeat coverage as analysts flag growth in prenatal, cancer tests
By Rashika Singh Dec 1 (Reuters) - Wall Street analysts, who acted as lead underwriters for BillionToOne's BLLN.O Nasdaq debut last month, began coverage of the diagnostics firm on Monday with broadly upbeat views, pointing to its growth prospects in prenatal and cancer testing.Shares of the ...Reuters
Mon, Dec 1
Should You Buy Archer Aviation While It's Below $15?
Key PointsArcher Aviation is trading about 50% below its 52-week high. The company needs regulatory approval to commercialize its business. Archer has strong backing from industrial heavyweights, and a hefty backlog.10 stocks we like better than Archer Aviation › When I think of Archer Aviation (NYS...The Motley Fool
Mon, Dec 1
Want Decades of Passive Income? Buy This Index Fund and Hold It Forever.
Key PointsThe market as a whole has dramatically favored AI stocks over dividend-paying value stocks over the past couple of years.This dynamic, however, may be on the verge of a major reversal.New buyers of this fund will lock in a strong dividend yield on their invested capital, no matter what cha...The Motley Fool
Mon, Dec 1
Omnicom Group up as co lays off more than 4,000 employees
Shares of ad and marketing firm Omnicom Group OMC.N up 1.3% to $72.55 OMC says will lay off more than 4,000 employees and fold several well-known advertising agency brands, after acquisition of rival Interpublic Group IPG.D , Financial Times reports, citing an interview with co executivesOMC boss Jo...Reuters
Mon, Dec 1
3 Reasons the Bulls Are Excited About Lyft
Key PointsGreater focus is finally paying off for the ride-hailing service.Strategic partnerships are bolstering the overall business.Profitability has been improving over the past few quarters.10 stocks we like better than Lyft › Lyft (NASDAQ: LYFT) has spent most of its time as a public company fi...The Motley Fool
Mon, Dec 1
