Wall Street is shifting gears after Fed hold: these 5 stocks lead way
The Federal Reserve kept borrowing costs unchanged on Wednesday, holding the federal funds rate in the 3.50% to 3.75% range for a third straight meeting. But this was no routine…
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Category: Stock
Why Tesla stock is up around 1% today
Shares of Tesla edged higher in early trading on Friday, extending modest gains after the stock posted its first monthly advance of the year. However, investor sentiment remained constrained by…
Rivian stock drops 5%: is Amazon reliance a growing risk?
Shares of Rivian Automotive, Inc. fell sharply on Friday after the release of its latest quarterly results. Investors shifted focus away from improving fundamentals toward the company’s growing reliance on…
Chevron Q1 beats EPS estimates, shares slip 1% on profit weakness
Elevated oil prices, partially linked to the US-Israeli war on Iran, helped Chevron top Wall Street’s first-quarter earnings estimates on Friday, driven by strong results from its upstream business. The…
Plug Power stock analysis: here’s why it may soar 42% this year
Plug Power stock retreated by over 10% on Thursday, erasing the gains made on Wednesday. It crashed to the important support level at $3 as investors started to book profits.…
Qualcomm stock jumps 18% as data center push sparks fresh optimism
Shares of Qualcomm surged on Thursday as investors looked past a modest earnings beat and focused instead on the company’s growing ambitions in data center chips and signs of a…
Uber announcement sends Hertz stock to three-month high
Hertz (NASDAQ: HTZ) is ripping higher on Thursday morning after announcing an expanded multi-year agreement with Uber Technologies (NASDAQ: UBER). The core this deal involves HTZ’s subsidiary, Oro Mobility, becoming…
Microsoft stock down 1% ahead of earnings: what to expect?
Shares of Microsoft edged lower ahead of its earnings report, with the stock down around 1% in early trading on Wednesday. The move comes as investors positioned for key updates…
Amazon stock rises 2% as AI spend, AWS growth face earnings test
Shares of Amazon rose about 2.3% on Wednesday as investors positioned ahead of the company’s first-quarter earnings report, with markets closely watching cloud growth, artificial intelligence spending, and the potential…