Truist downgrades Lululemon stock to Sell. Here’s why analyst Joseph Civello believes LULU shares are poised for further downside ahead.
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IBM launched its new Power S1112 on-premise server for local AI inferencing shortly after reporting preliminary Q2 2026 revenue of $17.2 billion and adjusted EPS of $2.93, both missing estimates and triggering a 25%+ single-day stock plunge. How do investors feel about this?
Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday.
United Airlines Issues Soft Forecast Despite Q2 Beat, Stock Falls
Investing.com -- Truist Securities downgraded Lululemon Athletica to Sell from Hold and slashed its price target to $94 from $115, warning that the athletic apparel retailer faces mounting structural challenges that could weigh on earnings and delay any meaningful recovery. The brokerage said near- and medium-term risks remain skewed to the downside, citing weakening card spending trends, deteriorating brand momentum across social media, rising competition, and uncertainty surrounding the compan
A New Rubin GPU Deal Shows AI Demand Is Still Growing
Investing.com -- Alphabet Inc. (NASDAQ:GOOGL) shares fell 2.3% Thursday afternoon following a Bloomberg report that the company’s Google is months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model.
The company will retain roughly 1,000 corporate-owned stores after the divestiture, which takes effect Aug. 16
Cipher Digital Inc. (NASDAQ:CIFR) is one of the best low priced technology stocks to invest in. On July 2, Rosenblatt Securities reiterated Buy ratings on Cipher Digital Inc. (NASDAQ:CIFR) and Galaxy Digital (NASDAQ:GLXY), saying the recent selloff across high-performance computing (HPC) stocks has made their valuations quite attractive. Rosenblatt noted that the selloff picked up […]
(Bloomberg) -- Alphabet Inc.’s Google is months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model, because the company has been taking time to try to improve its capabilities, particularly in coding, according to people familiar with the matter.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s Fir

<body><p>STORY: This week's dip in SpaceX shares below their IPO price could be an early warning sign for the stock.</p><p>A Reuters analysis of 50 high-profile U.S. IPOs since 2010 showed that companies whose shares fell below their IPO price in the first two months after their market debuts have gone on to underperform those that didn't, even though most still posted gains.</p><p>SpaceX shares, which priced at $135 each, dipped as low as $132.15 on Wednesday, and as of midday Thursday were still trading below the IPO price.</p><p>SpaceX shares have now tumbled 33% from the record close hit just days after the June 11 public sale, which raised a record $75 billion. </p><p>:: SpaceX</p><p>And that could be an ominous sign for Elon Musk's internet and rocket company as it faces more potential volatility in early August, when the number of shares available for trading on the Nasdaq stands to increase significantly.</p><p>While the SpaceX IPO was the largest in U.S. history, it made less than 5% of its shares available for trading.</p><p>But more shares will likely flood the market when so-called "lockup" restrictions on insiders lift in the coming months.</p><p>:: Archive</p><p>:: SpaceX</p><p>Meanwhile, short sellers who placed bearish bets on the stock are sitting on an estimated $8.7 billion in paper profit since last month's IPO, according to data and analytics firm Ortex Technologies.</p></body>
If you checked on your Micron Technology (MU) holdings on Wednesday, you might have done a double-take. After a strong prior session, the stock returned -8.0% while the broader S&P 500 returned +0.4%. The company hadn't made a misstep. In fact, it's the exact opposite, which makes the story here so compelling.
Susquehanna raised its price target on Intel to $115 from $80 while maintaining a 'Neutral' rating, implying nearly 20% upside from current levels.
Cognizant’s shares fell after IBM’s disappointing preliminary report shook the consulting sector. Has CTSH become an attractive bargain, or is the recent weakness a warning sign for investors?
Hecla Mining (NYSE: HL), Coeur Mining (NYSE: CDE), Endeavour Silver (NYSE: EXK), and Silvercorp Metals (NYSE: SVM) all declined in Thursday's session, amplifying the metal's losses through their operating leverage to silver prices.
The rally this week followed a steep 50% intraday drop on Tuesday over rumors of the company contemplating a take-private transaction or filing for bankruptcy protection.
President Trump broke with tradition by posting near-constant policy decisions and market-moving news on his social-media platform. Now his media company wants traders and investors to pay for instant access to his Truth Social posts, the latest example of the first family mixing its business interests and White House affairs. Trump Media & Technology Group said Thursday it plans to launch a data feed that gives real-time access to posts from the highest-ranking accounts on its Truth Social platform.
Community Health heads into Q2 earnings with mixed operating trends as stronger occupancy meets lower admissions and a smaller hospital portfolio.
Visa said its new stablecoin platform will allow banks, fintechs, and crypto firms to issue, store, transfer, and redeem stablecoins through a managed infrastructure.
Apple's (AAPL) June iPhone and total company revenue were in-line with growth forecasts of 20% and 1
It was also the last time IBM stock price saw a collapse larger than Tuesday‘s 26% plummet. The historic meltdown wiped nearly $70 billion from Big Blue’s market cap and added a new element to the so-called “SaaSpocalypse” selloff that has taken more than 20% from the Expanded Tech-Software Sector exchange-traded fund’s sector since last autumn. Back in 1968, concerns about antitrust investigations drove IBM shares lower.
RYLD's double-digit yield looks generous until you examine the mechanism funding every monthly payment and what five years of payout history reveal about where that income stream is quietly heading.
B. Riley also reiterated its "above-consensus" $124 price target and a 'Buy' rating on SharonAI shares.
By way of Trump’s revocable trust, Trump holds roughly 42% of DJT, the company looking to turn his market-moving posts into a whole new revenue stream.
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
SK Hynix stock has been volatile since its blockbuster ADR listing. South Korean regulators are stepping in.
Marvell has surged over 100% this year, but a sudden wave of AI spending fears is now erasing billions in market value across the entire chip sector. Whether this is a brief shakeout or the beginning of a deeper unwind depends on one crucial question.
U.S. wireless carrier Verizon said it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its ongoing restructuring. In total, the moves will impact about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale effective Aug. 16.