Rivian Automotive Inc (NASDAQ: RIVN) is pushing aggressively to the upside this morning after recording a blockbuster Q4 that signalled an “inflection point”, but UBS is keeping the champagne on ice.Following the company’s market-beating release,…
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Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits.The contrast matters because…
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Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon.And while the company’s management attributed much of…
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Nvidia stock moved higher in early trading on Thursday, with the chipmaker once again testing the upper end of its recent range as investors positioned ahead of its earnings report later this month.Nvidia shares were…
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SoftBank-backed PayPay has taken a major step toward the public markets, making public its paperwork for a US initial public offering that could rank as the biggest US listing ever by a Japanese company.The filing…
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Fastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”.In Q4, the cloud-computing company saw revenue pop 23%, helping its…
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Apple stock (NASDAQ: AAPL) slid nearly 4% on Thursday as investors trimmed exposure to the market’s biggest technology names and rotated into other parts of the S&P 500.The move looked less like a company-specific verdict…
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Investors are bailing on Cisco (NASDAQ: CSCO) this morning despite it posting “record” revenue and coming in ahead of earnings estimates in its fiscal Q2.What’s dampening sentiment is the management’s conservative guidance for the current…
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Tesla stock reversed early gains and fell around 3% on Thursday, as broader market weakness erased recent momentum and tempered optimism driven by supportive analyst commentary.The stock had climbed as much as 1.4% in early…
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Europe’s corporate and legal landscape saw a sharp turn on Thursday, with Nuveen agreeing to buy Schroders in a landmark deal ending centuries of family control.Thames Water is scrambling for fresh funding to stave off…