Here’s our price target and rating on Qnity, our newest stock to ride the AI chip boom
Call us believers in the Qnity Electronics story. We’re instituting a buy-equivalent 1 rating and price target of $110 a…
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What caused the stock market’s lackluster week — plus, an earnings season update
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally…
Block sinks 10% after weak third quarter results miss Wall Street estimates
Block shares fell 10% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit growth…
Take-Two stock sinks 7% on delay of Grand Theft Auto VI to November 2026
Shares of Take-Two Interactive Software sank 7% during after-hours trading on Thursday after Rockstar Games announced a further delay in…
Michael Burry Shorting AI Stocks? The Truth Behind His Nvidia and Palantir Bet
Conclusion Michael Burry’s reputation as a contrarian investor means his trades always attract attention. But his latest 13F filing may…
Airbnb shares rise on revenue beat, stronger-than-expected forecast
Cheng Xin | Getty ImagesShares of Airbnb rose as much as 5% in extended trading on Thursday after the company…
Texas Roadhouse is in a tough spot but still delivering on everything it can control
Texas Roadhouse on Thursday evening reported a mixed third quarter as stubbornly high beef prices continued to weigh on profitability,…
Take Two sinks 7% on delay of Grand Theft Auto VI to November 2026
Shares of Take-Two Interactive Software sank 7% during after-hours trading on Thursday after Rockstar Games announced a further delay in…
Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
A Peloton stationary bicycle inside a store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris |…
Doordash has biggest one-day drop ever as stock falls 17% on spending concerns
Cheng Xin | Getty ImagesDoordash‘s stock plummeted 17% for its worst session ever as investors rejected the company’s aggressive spending…
Datadog’s stock soars 23% on revenue beat, posts second-best day ever
Omar Marques | SOPA Images | Lightrocket | Getty ImagesDatadog shares jumped 23% on Thursday after the software company reported…
Duolingo stock plunges 25%, its worst session ever, as company prioritizes user growth
Cheng Xin | Getty ImagesDuolingo‘s stock cratered 25% on lighter-than-expected guidance as the language learning platform zeroed in on user…
Solstice earnings brought no big surprises, but shares of the spinoff remain volatile
Solstice Advanced Materials declined Thursday following the company’s third-quarter earnings. We expect shares of this newly independent company to remain…
Snap stock jumps 9% after announcing Perplexity AI deal, reporting strong revenue
Scott Olson | Getty ImagesSnap stock climbed 9% on Thursday after announcing a $400 million deal with Perplexity AI and…
DuPont’s stock surge to 52-week highs takes a pause. But we still see plenty of upside ahead
DuPont shares took a breather Thursday after a scorching four-session rally. The reason? There was some noise around the quarterly…
Doordash stock drops 15%, heads for worst day ever on spending concerns
Cheng Xin | Getty ImagesDoordash‘s stock plummeted toward its worst session ever as investors rejected the company’s aggressive spending strategy.The…
Datadog’s stock soars 20% on revenue beat, strong forecast
Omar Marques | SOPA Images | Lightrocket | Getty ImagesDatadog shares jumped 20% on Thursday after the software company reported…
Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24,…
Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Snap shares climbed 15% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and…
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