Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. B of A Securities raised the price target for Netflix, Inc. (NASDAQ:NFLX) from $1,000 to $1,175. B of A Securities analyst Jessica Reif Ehrlich maintained […]
Plug Power Stock Charges Higher On $1.66B Department Of Energy Loan: The Details
Adam Eckert | January 16, 2025
Plug Power Inc (NASDAQ:PLUG) shares are trading higher in the after-hours session Thursday after the green hydrogen company announced a loan guarantee from the U.S. Department of Energy (DOE). What Happened: Plug Power said it closed on a $1.66 billion loan guarantee from the DOE’s Loan Programs Office (LPO) that will help finance the construction of up to six projects […]
UnitedHealth: The ‘Number One Company On Sale’ Ahead Of Q4 Earnings Report
Surbhi Jain | January 15, 2025
UnitedHealth Group Inc. (NYSE:UNH) is gearing up to release its fourth quarter earnings report, and investors are watching closely. Stephanie Link, CIO at Hightower Advisors LLC, has dubbed the managed care giant the “number one company on sale” despite potential near-term earnings pressure. ‘They’re Probably Gonna Miss’ Q4 Earnings Expectations With estimated earnings per share […]
Quantum Computing Stocks Tumble After Mark Zuckerberg Backs Nvidia
Pooja Rajkumari | January 13, 2025
Quantum computing stocks experienced a notable dip during pre-market hours on Monday. This downturn followed comments made by Meta CEO Mark Zuckerberg and Nvidia Corp. CEO Jensen Huang, who both expressed caution regarding the timeline for quantum computing advancements. What Happened: As per Benzinga Pro, at 5:46 am ET, IONQ Inc (NYSE:IONQ) experienced a 14.91% drop, Rigetti Computing Inc (NASDAQ:RGTI) fell by 16.24%, D-Wave Quantum Inc (NYSE:QBTS) decreased by […]
Why Zoomcar Shares Are Trading Higher By Over 40%; Here Are 20 Stocks Moving Premarket
Avi Kapoor | January 10, 2025
Shares of Zoomcar Holdings Inc (NASDAQ:ZCAR) rose sharply in today’s pre-market trading after the company announced a significant achievement in its financial performance, reporting the highest-ever unaudited and unreviewed contribution profit for December 2024. The company achieved $494,506 in contribution profit for the month, which was sufficient to cover its operational costs in India. It […]
Bitcoin Could Drop As Low As $75,000 If It Fills This Liquidity Gap, Expert Warns
Murtuza Merchant | January 8, 2025
A significant gap in the Chicago Mercantile Exchange (NASDAQ:CME) Bitcoin futures contract near $75,000, suggests a potential downside move for Bitcoin (CRYPTO: BTC) in the short-term, according to Joe McCann, founder of Asymmetric. What Happened: McCann’s analysis from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of […]
Bitcoin Is The ‘The Grand Daddy’ And Outshines Wall Street, Anthony Pompliano Says
Khyathi Dalal | January 6, 2025
Anthony Pompliano, founder and CEO of Professional Capital Management, says Bitcoin (CRYPTO: BTC) is in a league of its own, comparing its stellar performance to traditional investment icons like the S&P 500, gold and Berkshire Hathaway. What Happened: In his Pomp Letter from Jan.3, Pompliano highlighted Bitcoin’s dominance in 2024 financial markets, calling its performance a […]
Market Concentration Hits Levels Not Seen Since 1930s: Top 10 Companies Now 800X Bigger Than 75% Of Stocks on the Index
Pooja Rajkumari | January 3, 2025
Warren Buffett advises individuals to invest in low-cost S&P 500 index funds for long-term gains, rather than attempting to time the market or pick stocks. However, The Kobeissi Letter revealed a concerning trend on Thursday. What Happened: The top 10 stocks in the S&P 500 are now nearly 800 times larger than the 75th percentile stock, surpassing the concentration levels seen during the […]
Will Trump Administration Sell Gold To Buy Bitcoin For Strategic Reserve In 2025?
Aniket Verma | December 30, 2024
As President-elect Donald Trump prepares to take office in 2025, the cryptocurrency market hoped that a strategic Bitcoin (CRYPTO: BTC) reserve would take wings and eventually be implemented. Recent developments evoke optimism, with Trump reportedly planning an executive order to create a national stockpile. He also promised to “do something great with crypto,” when queried […]
Top 2 Energy Stocks That May Dip This Quarter
Avi Kapoor | December 23, 2024
As of Dec. 23, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go […]