Technology stocks in the stock market are at a critical turning point, with analysts closely watching Microsoft's movements. SoftBank recently acquired a stake in Arm Ltd. Bitcoin prices crash while WeWork announces a reverse stock split. Palo Alto Networks sees slight increase in stock value.
Apple faces pressure to boost its stock with the upcoming iPhone 15 launch. This article explores the anticipated features of the iPhone 15 and 15 Plus models, including enhanced performance, redesigned Pro models, and cutting-edge chipset.
Madison Square Garden Entertainment (MSG) reports a decline in revenues and a loss in Q4 despite live events since Covid-19 began.
Kingspan Group, a building-and-insulation materials company, announces a rise in pretax profit for the first half of the year. Despite a small slip in revenue, the company remains optimistic about its strategic momentum.
U.S. stock indexes open higher as investors analyze Federal Reserve's comments. Positive outlook for businesses and strong earnings reported by Walmart Inc.
Moderna Inc. reveals promising results from clinical trials of its updated COVID-19 vaccine, showing effectiveness against new variants. Plans for widespread availability coincide with fall vaccinations.
Citi analysts have raised the price target for SoFi Technologies' stock due to increasing investor interest. SoFi's impressive second-quarter results and positive outlook have also contributed to this rise.
Hawaiian Electric Industries Inc.'s stock has experienced a significant decline of 25% as the company engages in restructuring talks following devastating wildfires. The company is considering hiring legal and financial advisers and faces class-action lawsuits that could impact its credit quality. With a junk rating from S&P Global Ratings, the uncertainty surrounding the company's future prospects is evident.
Siegfried Holding increases guidance for 2023 due to higher sales growth, primarily driven by drug-substances business, with slightly lower earnings.
Synopsys impresses investors with strong Q3 financial results, exceeding expectations and providing positive guidance for future growth. The company's success is attributed to its investments in research and development and its position in the AI-driven chip design software market.