Coinbase’s third-quarter earnings report was below expectations, leading to a nearly 10% drop in the company’s shares. The largest U.S. crypto exchange fell short of both profit and revenue estimates, with revenue coming in at $1.2 billion, $60 million lower than what Wall Street analysts had predicted. Earnings per share also missed the mark, with … Read more
On Thursday, Oppenheimer revised its position on KLA Corporation (NASDAQ:KLAC), upgrading the stock from Perform to Outperform and raising the price target to $850 from the previous $750. This move comes after KLA’s first-quarter results for fiscal year 2025 exceeded expectations, leading the firm to increase its fiscal year 2025-2026 (June) estimates by 2%. The … Read more
Stayce D. Harris, a director at BlackRock (NYSE:) Municipal Income Trust II (NYSE:BLE), recently purchased 10 shares of the company’s common stock. The transaction, which took place on October 29, saw Harris acquire the shares at an average price of $10.7342 per share, totaling $107. This acquisition now brings Harris’s total holdings to 10 shares, … Read more
Vita Coco Company (COCO), a prominent player in the beverage industry, has recently achieved a new 52-week high, with its stock price surging to $31.44. This milestone reflects a significant upward trend for the company, as its stock value has increased by 12.18% over the past year. Investors have shown growing confidence in Vita Coco’s … Read more
Investing.com — Caterpillar Inc. reported third-quarter earnings and revenue that fell short of analyst expectations, sending shares down 5.3% in early trading on Wednesday. The heavy machinery manufacturer posted adjusted earnings per share of $5.17, missing the consensus estimate of $5.35. Revenue for the quarter came in at $16.1 billion, below the $16.37 billion analysts … Read more
Thryv Holdings, Inc. (Thryv or the Company) (NASDAQ: THRY) has announced the pricing of an underwritten public offering of 5,715,000 shares of its common stock at a public offering price of $14.00 per share, totaling gross proceeds of approximately $80.0 million. The underwriter has been granted a 30-day option to purchase up to 857,250 additional … Read more
Saudi Arabia stocks closed higher on Tuesday, with gains in the , and sectors leading shares higher. At the close, the added 0.07%. Some of the best performers of the session on the were Al Baha Investment and Development Company SJSC (TADAWUL:), which rose 8.33%, Zamil Industrial Investment Co (TADAWUL:) which added 6.39%, and Saudi … Read more
In a volatile market environment, BDMD stock has hit a 52-week low, trading at $2.77. This price level reflects the ongoing challenges facing the company, as investors react to various external and internal factors impacting its performance. Over the past year, the stock has seen a significant decline, in line with ExcelFin Acquisition’s 1-year change … Read more
The Tesla stock experienced a significant surge last week following better-than-expected third-quarter earnings and positive guidance from CEO Elon Musk. Most Wall Street analysts were optimistic about Tesla’s performance, with many maintaining buy ratings on the stock. However, not all analysts were convinced of its potential. On Thursday, Bank of America reiterated its buy rating … Read more
AutoStore Holdings Ltd (AUTO:NO) received a Buy rating from Berenberg on Monday, with a price target of NOK15.00. Berenberg highlighted AutoStore’s leading position in the global market for cubic storage solutions. These automated storage and retrieval systems (AS/RS) are used in warehouses and logistics centers to improve efficiency and storage capacity. AutoStore’s cubic storage solutions … Read more