Market Insider
Alibaba is helping Chinese military to target U.S., White House memo claims: FT
BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did […]
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Stocks making the biggest moves midday: Whirlpool, Topgolf Callaway, Nvidia, Stubhub & more
Check out the companies making the biggest moves midday: Scholar Rock — The Cambridge, Massachusetts-based biotech jumped 23% after saying it ” completed constructive and collaborative in-person Type A meeting ” with the FDA on Wednesday for a biologics license application for apitegromab, a spinal muscular atrophy treatment. Officials from Novo Nordisk’s Catalent Indiana joined […]
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Stocks making the biggest premarket moves: Warner Bros. Discovery, Cidara Therapeutics, Avadel Pharmaceuticals and more
Check out the companies making headlines before the bell. Cidara Therapeutics — Shares of Cidara surged 103% after Merck agreed to buy the company for close to $9.2 billion in cash. Merck fell 1%. Avadel Pharmaceuticals — Danish drugmaker Lundbeck offered to acquire the pharmaceutical company for as much as $23 per share, topping biotech […]
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Stocks making the biggest moves midday: Walt Disney, Sweetgreen, Cisco, Planet Fitness and more
Check out the companies making headlines in midday trading: Planet Fitness — The gym chain jumped about 4% after it issued guidance for the fiscal years 2026 through 2028. Planet Fitness expects new club unit growth to range between 6% and 7% in that time, while adjusted EBITA expands in the “mid-teens percent” compounded annually. […]
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Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more
Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 […]
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Stocks making the biggest moves after hours: Cisco, Flutter Entertainment, Firefly and more
Check out the companies making headlines in after-hours trading. Cisco — Shares of Cisco gained more than 7% in extended trading after the networking company posted better-than-expected profit and revenue for its fiscal first quarter. Cisco earned $1 per share, excluding items, on $14.88 billion in revenue, while analysts polled by LSEG expected 98 cents […]
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Stocks making the biggest moves midday: Goldman Sachs, AMD, Oklo, Circle Internet & more
Check out the companies making the biggest moves midday: Alkermes — The biotech company dropped 9% as traders weighed phase 2 trial results for its ALKS 2680 drug, which aims to treat narcolepsy. While the company will be advancing the drug to a Phase 3 trial, a higher range of doses or a split dosing […]
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Stocks making the biggest premarket moves: Advanced Micro Devices, Clearwater Analytics, On Holding and more
Check out the companies making headlines before the bell. Advanced Micro Devices — The chipmaker jumped nearly 6% in reaction to robust long-term growth targets made at its Investor Day , including an internal forecast that the company’s data center revenues will jump 60% in the next three to five years. BILL Holdings — Bloomberg […]
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SoftBank just sold out of Nvidia. Should you?
Confidence in shares of Nvidia is in question after SoftBank’s decision to relinquish its stake in the high-flying stock. Nvidia briefly tumbled nearly 4% Tuesday after the Japanese investment firm said it zeroed out its position in the AI chipmaker for $5.8 billion. That left investors wondering if SoftBank’s decision to exit the stock was […]
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Stocks making the biggest moves midday: CoreWeave, Fermi, Paramount Skydance, Gemini and more
Check out the companies making the biggest moves midday: Fermi — The energy and data center developer lost 11% after reporting a third-quarter loss of 84 cents per share and a total net loss of almost $347 million. Fermi went public in September at $21 a share in an IPO led by UBS, Evercore ISI, […]
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