Stock Trading

Hershey Shares Fall

Hershey Shares Fall as Mondelez Announces $9B Stock Buyback Plan

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 …

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DocuSign Shares Surge

DocuSign Shares Surge 15% on Strong Q3 Results and Positive Outlook

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, …

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Roku stock climbs

Roku stock climbs as Needham predicts a potential acquisition in 2025.

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 …

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Microstrategy Stock Rises

MicroStrategy Stock Rises 14% Following Convertible Bond Offering Expansion

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 …

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Newmont's stock climbs

Newmont’s stock climbs as J.P. Morgan upgrades its rating to ‘overweight.’

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 …

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Saudi Arabia Stock

Saudi Arabia Stocks Close Higher; Tadawul All Share Gains 0.16%

    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 …

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ESS Tech Falls

ESS Tech Falls 19% After Earnings Miss and Analyst Downgrades

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 …

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Rivian Stock Soars

Rivian Stock Soars After Volkswagen’s $5.8 Billion Investment in Joint Venture

Rivian Stock Soars Over 13% in Premarket Trading Rivian Stock Soars over 13% in premarket trading on Wednesday. This gain followed the announcement of a $5.8 billion investment from Volkswagen (ETR), boosting Rivian’s financial position and market confidence. A Strategic Boost for Rivian’s Expansion Plans Volkswagen’s investment comes at a crucial time. Rivian is working …

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Novavax Stock Surges

Novavax Stock Surges as FDA Lifts Clinical Hold on Its COVID-19 and Flu Vaccine

Novavax Stock Surges Novavax Stock Surges has lifted its clinical hold on Novavax’s late-stage trial for its COVID-19 and influenza combination vaccine, as well as its standalone flu vaccine. Novavax (NASDAQ: NVAX) announced the news on Monday, resulting in a 13% increase in the company’s stock in premarket trading. Initial Hold Due to Participant’s Health …

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Sony shares surge

Sony Shares Surge After 73% Profit Increase and Upgraded Forecast

Sony Shares Surge Sony shares surge 73% increase in group operating profit for the July-September quarter, primarily fueled by strong performance in its gaming and network segment. This surge highlights the effectiveness of Sony’s diversified business strategy, which spans music, movies, gaming, and semiconductor products. Steady Annual Profit Outlook The company’s diversified portfolio allowed Sony …

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