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Why Cognex (CGNX) Shares Are Sliding Today
StockStory10d agoneutral
Why Cognex (CGNX) Shares Are Sliding Today

Shares of machine vision technology company Cognex (NASDAQ:CGNX) fell 4% in the afternoon session after HSBC downgraded the stock to "Hold" from "Buy" and slashed its price target. The bank adjusted its price target on Cognex shares to $65 from $94, reflecting a more cautious outlook on the stock. This move comes amid a backdrop of mixed analyst signals and valuation concerns. For instance, while DA Davidson recently raised its price target to $65 from $62, it maintained a "Neutral" rating, poin

Why Airbnb (ABNB) Stock Is Up Today
StockStory10d agoneutral
Why Airbnb (ABNB) Stock Is Up Today

Shares of online accommodations platform Airbnb (NASDAQ:ABNB) jumped 3.8% in the afternoon session after BMO Capital raised its price target on the stock to $165 from $146, reflecting the company’s stronger-than-expected second-quarter results and raised outlook. The price target adjustment came on the heels of an earnings report where Airbnb delivered revenue of $3.61 billion—a 16.5% increase year-over-year—and adjusted earnings per share of $1.37, beating consensus estimates on both the top an

MT Newswires10d agoneutral
Sector Update: Energy

Energy stocks were edging lower Wednesday afternoon, with the NYSE Energy Sector Index and the State

Goldman Sachs deepens ETF push With $2.25B Neos acquisition
Proactive10d agoneutral
Goldman Sachs deepens ETF push With $2.25B Neos acquisition

Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS) will acquire exchange-traded funds provider Neos Investments in a deal valued at up to $2.25 billion, the bank said Wednesday, deepening its push into the fast-growing derivative income ETF market. The Connecticut-based ETF issuer manages roughly...

Trump Sued Over Truth Social’s Real-Time Feed for Traders
The Wall Street Journal10d agoneutral
Trump Sued Over Truth Social’s Real-Time Feed for Traders

Two media organizations on Wednesday sued President Trump over his namesake company’s real-time feed of top Truth Social accounts, arguing that selling preferential access to the president’s statements is unconstitutional. The Intercept news organization and nonprofit Freedom of the Press Foundation alleged that Trump Media’s Truth API, which delivers a machine-readable feed of top Truth Social posts within milliseconds, violates the First and Fifth Amendments. Trump Media said this week that more than 10 customers have signed up for the recently launched API service.

Why Corning (GLW) Stock Is Trading Lower Today
StockStory10d agoneutral
Why Corning (GLW) Stock Is Trading Lower Today

Shares of glass and electronic component manufacturer Corning (NYSE:GLW) fell 2.7% in the afternoon session after reports that key customer Apple scrapped its planned all-glass 20th-anniversary iPhone model, raising concerns about future demand for the company's specialty glass.

5 Semiconductor Stocks Jim Cramer Could Be Talking About on Thursday
24/7 Wall St.10d agoneutral
5 Semiconductor Stocks Jim Cramer Could Be Talking About on Thursday

Jim Cramer is hosting a semiconductor-focused CNBC Investing Club call Thursday at noon. The AI capex cycle is running hotter than any point in the last two years, with hyperscalers, sovereigns, and enterprises racing to secure compute. These five names matter most, ranked by AI-driven revenue growth, earnings execution, margin expansion, and forward guidance strength. ... 5 Semiconductor Stocks Jim Cramer Could Be Talking About on Thursday