Lowe's shares jumped 2% after the company raised its annual sales forecast and surpassed profit expectations. Analysts highlight a growing urgency in the pro distributor market, especially after Lowe's recent acquisition of Foundation Building Materials.
Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
BP shares skyrocketed 7% following reports of early-stage acquisition talks with Shell. While a deal is uncertain, the oil major's future looks intriguing amidst industry shifts.
Global shares surged and the dollar slipped after Trump announced a ceasefire between Iran and Israel, leading to a significant drop in oil prices and renewed market optimism.
Circle Internet Group Inc.’s shares surged 20% after receiving a buy rating from Seaport Global, coinciding with new regulatory developments for cryptocurrencies. The company has seen a staggering 600% increase in shares since trading began.
AMD shares jumped nearly 10% as Piper Sandler raised its price target to $140 after the chipmaker's AI event. Analysts praised the new Helios server architecture and hinted at future partnerships.
Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
Intel's stock saw a surprising surge of over 8% despite reports signaling the end of its processors in Apple Macs. Good news from trade talks and the Department of Defense helped boost investor confidence.
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Contemporary Amperex Technology Co. Ltd. made a splash in its Hong Kong trading debut, raising a staggering HK$35.7 billion despite facing challenges like a Pentagon blacklist. Shares surged 13% on opening!
