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IBM Jumps 7%; IonQ, Rigetti Sell Off as Quantum Trade Concentrates
24/7 Wall St.87d agobullish
IBM Jumps 7%; IonQ, Rigetti Sell Off as Quantum Trade Concentrates

Shares of IBM (NYSE:IBM) are up 7% in early trading Monday to $320 and change, extending a historic May rally into June. Pure-play quantum names IonQ (NYSE:IONQ) and Rigetti Computing (NASDAQ:RGTI) are moving in the opposite direction, with IONQ stock down 4% to around $69 and RGTI stock down 4% to $24 and change. The ... IBM Jumps 7%; IonQ, Rigetti Sell Off as Quantum Trade Concentrates

Atlassian (TEAM) Valuation In Focus After AI Earnings Beat And Upgraded Growth Outlook
Simply Wall St.87d agobullish
Atlassian (TEAM) Valuation In Focus After AI Earnings Beat And Upgraded Growth Outlook

Atlassian (TEAM) is back in focus after its latest quarterly results topped expectations and management lifted the annual revenue growth outlook, citing AI driven products, stronger enterprise cloud adoption, and a profitability focused restructuring. See our latest analysis for Atlassian. The 1 day share price return of 15.35% and 7 day gain of 25.98% reflect a sharp rebound after a tougher start to the year. The year to date share price return is down 30.47% and the 1 year total shareholder...

Why Arm Stock Is the Big Winner From Nvidia’s Chip Announcement
Barrons.com87d agobullish
Why Arm Stock Is the Big Winner From Nvidia’s Chip Announcement

Nvidia has roiled the semiconductor sector with the launch of a PC chip. Nvidia late on Sunday unveiled its RTX Spark, which integrates Arm’s designs for a custom central-processing unit. Arm shares were up 10% in the premarket, having already more than tripled this year so far through Friday’s close.

Bristol Myers Squibb Wins EU Green Light for Opdivo-Based Hodgkin Lymphoma Treatment (BMY)
InvestorsHub87d agobullish
Bristol Myers Squibb Wins EU Green Light for Opdivo-Based Hodgkin Lymphoma Treatment (BMY)

Bristol Myers Squibb (NYSE:BMY) has secured approval from the European Commission for the use of Opdivo (nivolumab) in combination with doxorubicin, vinblastine and dacarbazine (AVD) as a first-line treatment for adults and adolescents aged 12 years and older with previously untreated Stage III or Stage IV classical Hodgkin lymphoma. The decision introduces the first immunotherapy-based treatment regimen approved in the European Union for patients newly diagnosed with advanced classical Hodgkin

3 Market-Beating Stocks on Our Watchlist
StockStory87d agobullish
3 Market-Beating Stocks on Our Watchlist

Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns, and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.

Bitcoin Diverges From Stocks, Losing Out to AI Rally
The Wall Street Journal87d agobullish
Bitcoin Diverges From Stocks, Losing Out to AI Rally

Has bitcoin lost its status as investors' bright shiny object? Since May 11, the cryptocurrency has fallen more than 10%, while the Nasdaq Composite has climbed 2.7% to hit a series of records. That’s a divergence from historical patterns, in which bitcoin and stocks have largely moved in line with each other.