March 10, 2025 10:49 am
Key moments Coinbase stock fell 5% premarket, driven by a drop in Bitcoin’s value after Trump’s executive order and the company’s failure to be included in the latest S&P 500 rebalancing. Despite the stock decline, Coinbase plans to hire 1,000 new US employees in 2025, fueled by increased regulatory clarity in the cryptocurrency sector. Coinbase […]
Read moreMarch 10, 2025 9:27 am
Key moments UBS analysts significantly lowered Tesla’s price target to $225 from $259. UBS revised Tesla’s Q1 2025 delivery forecast downwards, projecting a year-over-year and quarter-over-quarter decline. Zacks Research also adjusted Tesla’s EPS estimates downward for Q1 2025, reflecting broader analyst concerns about the company’s near-term financial performance. Tesla Stock Declines 3% Premarket, Following Stock’s […]
Read moreMarch 10, 2025 8:39 am
Key moments The Stoxx Europe 600 is significantly outperforming the S&P 500 in the last quarter, driven by factors like increased defense spending and a perceived stabilization of the European political landscape. Changes in US foreign policy, particularly regarding security alliances and tariffs, are prompting investors to diversify and consider European markets as a more […]
Read moreMarch 10, 2025 8:09 am
Key moments Significant 146% year-over-year revenue increase in the fourth quarter, transitioning to a $23 million net income. Updated financial guidance projecting $540 million in global revenue, anchored by strong BRIUMVI product performance. Substantial 28% stock price surge despite broader market volatility and declines in major indices. TG Therapeutics Sees Investor Confidence Soar on Strong […]
Read moreMarch 10, 2025 8:06 am
Key moments The Hang Seng Index experienced a 1.6% drop, settling at 23,840.33 by mid-afternoon. The Hang Seng Tech Index saw a decrease of 2.98%, concluding the trading session at 5,857.46. China’s consumer price index (CPI) revealed a 0.7% reduction YoY in February. China’s 0.7% Deflation Sparks Market Downturn Hong Kong’s stock market witnessed a […]
Read moreMarch 10, 2025 7:43 am
Key moments S&P 500, Nasdaq 100, and Dow Jones futures all experienced substantial declines, following a week where major indexes saw losses exceeding 2%. Upcoming releases of the CPI, PPI, and consumer sentiment data will be closely watched for their impact on inflation, a central concern for the Federal Reserve and investors. Ongoing economic policy […]
Read moreMarch 10, 2025 6:52 am
Key moments Japanese chip-related stocks, led by Advantest, rebounded significantly, mirroring gains in U.S. technology shares. Global trade tensions, particularly concerns over fluctuating tariff policies, created significant market turbulence, limiting the Nikkei’s gains despite positive sector performance. The Nikkei experienced sharp intraday swings, initially hitting a multi-week low before recovering, with Lasertec and SMC Corp […]
Read moreMarch 7, 2025 2:47 pm
Key moments TD Cowen upgraded Tesla to “Buy” with a substantial price target increase, and Wedbush labeled it a “table pounder,” signaling strong confidence in the stock’s long-term potential. Despite positive analyst sentiment, Tesla’s stock experienced premarket declines, reflecting lingering investor concerns about competition, potential regulatory changes, and CEO Elon Musk’s public engagements. Analysts point […]
Read moreMarch 7, 2025 2:26 pm
Key moments Positive Sales Data: Fastenal reports a 5% year-over-year increase in February organic daily sales. Investor Presentation Announcement: Company to host a comprehensive investor event on March 13, 2025. Key Executive Presentations: Event to feature insights from CEO, President, and CFO on strategic initiatives. Fastenal Shares Jump 4.51% on Upcoming Investor Event and Strong […]
Read moreMarch 7, 2025 2:08 pm
Key moments Gap Inc. reported a diluted earnings per share of $0.54, significantly exceeding the analyst estimate of $0.38. Operating margin improved by 120 basis points, reaching 6.2%, reflecting effective cost control. Comparable sales for Gap and Banana Republic brands increased by 7% and 4% respectively, after adjustments. Gap’s Stock Rallies after Q4 Net Sales […]
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