The Colombian stock market closed the week with a slight but encouraging rise as the COLCAP index climbed 0.07% on Friday. Gains in sectors like Industrials, Services, and Agriculture played a pivotal role in keeping the market in the green. Let’s dive deeper into what moved the market and the key trends that stood out. …
Colombia’s Stock Market Ends the Week on a Positive Note: COLCAP Gains 0.07% Read More »
Sangamo stock drops 50% drop in shares during premarket trading on Tuesday following Pfizer’s (NYSE: PFE) announcement to terminate their partnership on developing a gene therapy for hemophilia A (HemoA). Sangamo stock drops With Pfizer’s withdrawal, Sangamo has regained full rights to the HemoA therapy. The company has pledged to explore options for advancing the …
Sangamo Stock Drops 50% After Pfizer Ends Gene Therapy Deal Read More »
Toyota’s shares climb a remarkable uptick, rising 4.6% on Wednesday and 6% on Thursday, following reports that the automaker aims to achieve a 20% return on equity (ROE) by approximately 2030. Toyota Shares Climb The December 25 report from Nikkei quoted a Toyota executive emphasizing the need for a stable 20% ROE to maintain its …
Toyota Shares Climb on Plans to Boost Return on Equity by 2030 Read More »
Hershey shares fall in Pre-Market Trading Hershey shares fall shares experienced a decline during pre-market trading. This drop followed an announcement from Mondelēz International, Inc. (NASDAQ: MDLZ) about a substantial new share repurchase program. Mondelez’s $9 Billion Buyback Plan Mondelēz revealed that starting January 1, 2025, it will launch a $9 billion stock buyback program …
Hershey Shares Fall as Mondelez Announces $9B Stock Buyback Plan Read More »
DocuSign Inc. (NASDAQ: DOCU) saw its stock surge by more than 15% after the company reported impressive third-quarter results, beating analysts’ expectations, and provided a positive outlook for the remainder of the year. Q3 Performance Exceeds Expectations For the third quarter ending on October 31, 2024, DocuSign posted adjusted earnings per share (EPS) of $0.90, …
DocuSign Shares Surge 15% on Strong Q3 Results and Positive Outlook Read More »
Roku stock climbs on Acquisition Speculation by Needham Roku (ROKU) stock gained 4.6% in premarket trading on Wednesday after Needham & Company reaffirmed its Buy rating and $100 price target. Needham’s Bold Prediction: A High-Premium Acquisition in 2025 Needham analysts foresee Roku being acquired at a significant premium within the next 12 months. They attribute …
Roku stock climbs as Needham predicts a potential acquisition in 2025. Read More »
MicroStrategy Stock Rises on $2.6 Billion Convertible Bond Offering MicroStrategy stock rises by over 14% ahead of Thursday’s market open. The surge followed the company’s decision to increase its planned convertible bond offering to $2.6 billion, up from the initial target of $1.75 billion. This move signals further Bitcoin purchases for the company, reinforcing its …
MicroStrategy Stock Rises 14% Following Convertible Bond Offering Expansion Read More »
Newmont’s stock climbs Newmont’s stock climbs rose by over 2% in pre-market trading on Tuesday after J.P. Morgan upgraded the stock’s rating from “neutral” to “overweight.” Analysts highlighted updated guidance and positive catalysts, including asset sales, as key drivers for this optimistic outlook. Revised Gold and Copper Production Targets J.P. Morgan cited Newmont’s medium-term production …
Newmont’s stock climbs as J.P. Morgan upgrades its rating to ‘overweight.’ Read More »
Saudi Arabia Stock Market Update: Positive Close Amid Sector Gains The Saudi arabia stock market saw a positive close on Monday, driven by notable gains in the Media & Publishing, Financial Services, and Real Estate Development sectors. The Tadawul All Share Index rose by 0.16%, reflecting investor optimism across key sectors. Sector Performance …
Saudi Arabia Stocks Close Higher; Tadawul All Share Gains 0.16% Read More »
ESS Tech Falls 19% on Unexpected Q3 Losses Shares in ESS Tech Inc. (NYSE: GWH) plunged nearly 19% in premarket trading on Thursday, following a significant earnings miss for fiscal Q3 2024. The energy storage provider reported much weaker-than-expected results, disappointing investors and analysts. Disappointing Financial Results for Q3 2024 ESS reported a third-quarter loss …
ESS Tech Falls 19% After Earnings Miss and Analyst Downgrades Read More »
