Stock Market News

Signet Jewelers Stock Soars 15.53% on Strong Q4 Results, Share Price Reaches $55.80

Key moments Signet Jewelers’ stock achieved a substantial 15.53% gain to $55.80 during Wednesday’s pre-market hours. Signet Jewelers delivered adjusted earnings per share of $6.62 and sales of $2.4 billion, higher than market participants were expecting. The substantial uptick in share value reflects a positive market response to both the retailer’s financial performance and its […] Read more

E-Commerce Giant Shopify Changes US Stock Exchange to Nasdaq

Key moments Shopify announces transition of its U.S. stock listing from the NYSE to the Nasdaq. The change is scheduled to take effect at the end of March, with trading commencing on the Nasdaq on March 31. The company’s listing on the Toronto Stock Exchange will remain unchanged, preserving the existing ticker symbol. Shopify’s Strategic […] Read more

Gaming, AI Fuel 90% Profit Spike for Tencent in Q4

Key moments Tencent reports a significant 90% year-over-year profit increase in the fourth quarter of 2024, exceeding market expectations. The company’s gaming division is seeing significant expansion, driven by strong performance in both domestic and international markets, particularly with titles like Honour of Kings and PUBG Mobile. Tencent emphasizes the growing impact of artificial intelligence […] Read more

AI Ordering Rolls Out at Yum Brands’ Restaurants via Nvidia Collaboration

Key moments Yum Brands partners with Nvidia to enhance AI integration across its Taco Bell, KFC, and Pizza Hut restaurants. The collaboration aims to deploy AI-driven order-taking, computer vision, and performance assessments. Yum’s strategic shift involves leveraging Nvidia’s technology while retaining ownership of the AI intelligence through its Byte platform. Yum Brands and Nvidia Forge […] Read more

Nvidia Stock Tumbles 3.43% to $115.43 Following GTC Conference

Key moments Nvidia shares plummeted 3.43% to close at $115.43 on Tuesday. CEO Jensen Huang’s presentation on Nvidia’s future and AI advancements did not impress investors. Despite the daily drop, pre-market figures reached $116, and Nvidia’s market cap remains at $2.83 trillion. Huang’s GTC Conference Speech Underwhelmed Investors А highly anticipated keynote address from CEO […] Read more

NZX 50 Falls 0.3%, Major Constituents Slide Up to 3.46%

Key moments NZX 50 index concludes a third consecutive day of decline, reaching a seven-month low. As of March 19, the index experienced a 0.3% decline, closing at 12.046. Domestic consumer confidence weakens amidst cost-of-living pressures and trade war apprehensions. Investor focus shifts to upcoming GDP data release, anticipating quarterly growth amidst annual contraction, while […] Read more

Apple Price Target Raised to $275, Potential $375 Peak, Says Evercore ISI

Key moments Evercore ISI analysts raise Apple’s price target to $275, citing its position as a “tech staple” and potential AI beneficiary. As of March 19, 2025, Apple shares are down -0.61%, to 212.69 USD. Analysts predict sustainable mid-single-digit revenue growth and low-to-mid-teen percentage growth in EPS and free cash flow for Apple. Evercore highlights […] Read more

MicroStrategy Shares Plunge 5% Ahead of $500M Stock Sale

Key moments MicroStrategy’s share price experienced a significant drop on Tuesday, falling 5% and dipping below $280. Strategy aims to raise $500 by selling 5 million perpetual preferred shares. Strategy appears to be taking a cautious approach, as indicated by the scale of its recent Bitcoin purchases. $500M Preferred Stock Sale Set to Aid MicroStrategy […] Read more

Alphabet Nears $30B Wiz Deal to Boost Cloud Security

Key moments Alphabet is reportedly in advanced negotiations to acquire cybersecurity startup Wiz for $30 billion. This possible acquisition comes after a prior $23 billion agreement was terminated, primarily because of anxieties related to investors and antitrust issues. The acquisition aims to strengthen Alphabet’s cloud computing offerings through Wiz’s enhanced security capabilities. Alphabet’s Pursuit of […] Read more

Intel Shares Jump 6.82% to $25.69, New CEO’s Appointment Prolongs Market Enthusiasm

Key moments On Monday, Intel’s share price increased by 6.82%, closing at $25.69 and signaling a strong positive reaction from investors. Since Lip-Bu Tan officially took over as CEO on Tuesday, Intel’s pre-market trading saw shares achieve a surge of almost 1%. It appears Tan plans to streamline Intel’s management and revitalize chip manufacturing, as […] Read more