Apple extends its write-up-earnings decline. Here is what the professionals are stating
Finance
Stocks making the biggest moves midday: Pfizer, Semtech, Spotify, UiPath, CoreWeave and more
Check out the companies making the biggest moves midday: Semtech — The signal components maker rallied 8% after the company announced the launch of new optical receivers for artificial intelligence networks alongside Poet Technologies. On top of that, Oppenheimer upgraded the stock to outperform following a meeting with management. Credo Technology — Shares fell more […]
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Finance
Stocks making the biggest moves premarket: CoreWeave, Firefly Aerospace, Instacart, Wolfspeed and more
Check out the companies making the biggest moves in premarket trading: Firefly Aerospace — The space technology company’s stock fell 10% after one of its rocket boosters exploded during preflight testing at its Texas facility. Firefly Aerospace said no other facilities were affected and it is assessing the impact of the explosion. Wolfspeed — The […]
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Finance
One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor
Key Points Chamath Palihapitiya has launched a $345 million SPAC that he said was more than five times oversubscribed. The vehicle is designed to target companies in AI, energy, defense and decentralized finance. Palihapitiya once helped ignited the SPAC boom in 2020, but his first wave of deals mostly ended poorly for retail investors who […]
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