DEXWireNews

DEXWireNews

Netflix Inc. (NASDAQ: NASDAQ:NFLX ) continues to capture the spotlight in the investment world, with Evercore ISI raising its price target from $710 to $750. The decision to increase the target stems from robust survey results and an optimistic outlook for the streaming giant, reaffirming Netflix's position as a dominant player in the entertainment...

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Trinity Biotech plc (NASDAQ: NASDAQ:TRIB ) has captured market attention with a staggering 54.20% premarket surge on Tuesday, driven by robust demand for its TrinScreen HIV product. This significant price action reflects a positive shift in both the company's fundamentals and technical indicators, setting the stage for potential further gains. Let’s delve into...

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JD.com, (NASDAQ: NASDAQ:JD ) one of China’s largest e-commerce giants, made headlines this week with the announcement of a substantial $5 billion share buyback program, effective from September 2024 to August 2027. This move has sent positive ripples through the market, with U.S.-listed shares of JD.com jumping over 4% in premarket trading. But what does this...

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Cava Group (NYSE: NYSE:CAVA ), the Mediterranean-themed restaurant chain, has been a darling of the stock market in 2024, nearly tripling in value since the beginning of the year. However, the stock took a significant hit early Tuesday after CEO Brent Schulman and several key executives and directors disclosed large sales of their shares. This insider selling,...

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Icahn Enterprises L.P. (NASDAQ: NASDAQ:IEP ), the publicly traded investment arm of billionaire Carl Icahn, is facing one of its most challenging periods in recent history. On Monday, the company’s shares plummeted to a near 21-year low, dropping by as much as 14.3% to $13.62 in afternoon trading. This significant decline follows the announcement of an...

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PDD Holdings (NASDAQ: NASDAQ:PDD ), the parent company of the discount e-commerce platform Temu, saw its stock plummet by 28% on Monday following a disappointing second-quarter earnings report. The China-based company, which also operates Pinduoduo, missed analyst expectations, signaling challenges ahead in a competitive landscape that could stifle its rapid...

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The recent arrest of Pavel Durov, co-founder and CEO of Telegram, has sparked a wave of controversy and speculation across the tech and crypto communities. The arrest in Paris, reportedly linked to allegations of platform abuse, has led to a resurgence of an old hoax claiming Apple might remove Telegram from the App Store. This has caused significant fluctuations...

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Introduction Nvidia Corporation (NASDAQ: NASDAQ:NVDA ) has been a dominant force in the technology sector, particularly in the AI chip market. As the company gears up to release its earnings report for the second quarter of 2024 on August 28th, investors are eagerly anticipating the results. With a year-to-date surge of over 150% and a pivotal stock split in June...

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Dakota Gold Corp. (NYSE: DC) is making waves in the gold exploration sector, and recent developments suggest that the stock could be on the brink of a significant breakout. The company’s exploration efforts, particularly at the Maitland Gold Project, have yielded impressive results, positioning Dakota Gold as a promising player in the industry. In this article,...

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Bitcoin’s price surged on Friday following a pivotal announcement from Federal Reserve Chairman Jerome Powell, signaling that interest rate cuts are on the horizon. The cryptocurrency market, which often reacts strongly to shifts in U.S. monetary policy, responded with a 1.8% rise in Bitcoin's price, pushing it to $61,500. At one point, Bitcoin even briefly...

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Roku Inc. (NASDAQ: NASDAQ:ROKU ) experienced a significant boost in its stock price, jumping 11.78% in Friday's trading session. This surge followed an upgrade from Guggenheim Securities, which raised its rating on the stock from "Neutral" to "Buy" and set a new price target of $75. This upgrade has sparked renewed interest in Roku, a company that has been at the...

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In a groundbreaking move, Sony Group (NYSE: NYSE:SONY ) has officially announced its entry into the blockchain space with the launch of its very own Ethereum Layer 2 blockchain, "Soneium." This ambitious project is the result of a strategic partnership between Sony and Startale Labs, and it is set to operate on Optimism's OP Stack. The announcement marks a...

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Cava Group (NYSE: NYSE:CAVA ), the Mediterranean fast-casual restaurant chain, has once again proven its mettle in the competitive restaurant industry. The company’s latest quarterly earnings report not only exceeded Wall Street’s expectations but also showcased Cava’s robust growth and expanding footprint. Earnings and Revenue Soar For the fiscal second...

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Intuit Inc. (NASDAQ: NASDAQ:INTU ), the financial software powerhouse behind popular products like TurboTax, QuickBooks, and Credit Karma, is betting big on artificial intelligence (AI) to drive its future growth. The company recently announced its fiscal 2025 revenue forecast, projecting earnings slightly above Wall Street expectations, buoyed by increased...

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Advance Auto Parts (NYSE: NYSE:AAP ), one of North America's leading automotive aftermarket parts providers, has made a significant strategic decision to sell its wholesale arm, Worldpac, for $1.5 billion. The sale, made to funds managed by the Carlyle Group, is a critical part of Advance Auto Parts’ ongoing efforts to streamline its operations and sharpen its...

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Overview The Bike and Tread maker has been working to improve its balance sheet and looks to be more focused on profitability than growth. The connected fitness company posted quarterly results that came in well ahead of expectations and delivered a mixed outlook for the year ahead. Peloton (NASDAQ: NASDAQ:PTON ) has returned to sales growth for the first...

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Baidu (NASDAQ: NASDAQ:BIDU ), the Chinese tech giant known for its dominance in internet search, recently reported its second-quarter earnings for 2024, presenting a mixed picture that underscores both the challenges and opportunities facing the company. While Baidu (NASDAQ: NASDAQ:BIDU ) managed to surpass earnings expectations, the company’s flat revenue growth...

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Zoom Video Communications, Inc. (NASDAQ: NASDAQ:ZM ) showcased its ability to navigate the post-pandemic landscape with a solid Q2 earnings report, leading to a 2.47% surge in Thursday’s premarket trading. Despite facing headwinds from decelerating growth, the company outperformed Wall Street expectations, offering a glimmer of hope for investors. Key Financial...