JPMorgan Chase (JPM) shares remained muted in premarket trading on Tuesday after the bank reported third-quarter earnings and revenue below analysts’ expectations, marking a rare miss for the Wall Street lender. The bank reported net income of $15.31 billion, or $5.57 per share, for the quarter. Excluding $658 million in net securities losses, earnings would
C3.ai Inc (AI) stock is pushing higher on Monday morning after Northland Capital issued a bullish note in favour of the enterprise artificial intelligence software company. In his research note, analyst Mike Latimore upgraded AI to Outperform, and raised his price target to $16, indicating potential upside of more than 40% from its previous close.
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
SpaceX chief Elon Musk’s years-long effort to bring its satellite internet service Starlink to India took a dramatic turn this week. Musk, whose company competes with Ambani’s Reliance Jio and Eutelsat’s OneWeb in India’s satellite communications market, on Thursday took to X, the social media platform he owns, to challenge the delay in Starlink’s commercial
Adobe and Microsoft were hit by the same US immigration crackdown on Thursday, but Wall Street treated their shares very differently. Adobe stock (NASDAQ: ADBE) jumped 3.56% to $241.05 on October 8, while Microsoft fell 1.35% to $522.61. Both companies were suspended from the Labor Department’s PERM programme, used for employment-based green cards. Yet the
Bending Spoons stock has staged a strong comeback in the past three days, moving from this month’s low of $31.5 to the current $41. This rebound happened as investors bought the dip and after the company secured funding for its Miro acquisition. This article looks at whether BSP is a good stock to buy. Bending
CoreWeave stock climbed to $91.90 on Tuesday, tracking gains across other neocloud companies such as IREN and Nebius. The shares are now up more than 50% from their lowest level this year. Still, despite this strong rally, the company faces substantial risks ahead. CoreWeave stock jumps as AI companies rally The ongoing CRWV stock rebound
US stocks ended higher on Tuesday, with the S&P 500 and Nasdaq Composite reaching record closing highs as technology stocks gained and Treasury yields eased from multi-year peaks. The S&P 500 rose 0.60% to 7,820.47, while the Nasdaq Composite gained 0.46% to 27,604.74. The Dow Jones Industrial Average advanced 0.49% to 51,531.57. Falling Treasury yields
Nu Holdings (NU) stock is ripping higher on Monday morning following a surprise turn of events in Brazil’s presidential election, where an unexpected “first-round” showing ignited a broader relief rally across Latin American assets. More importantly, analysts at Goldman Sachs believe the neobank has massive runway remaining; they reiterated a high-conviction Buy rating on NU
Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.