To The Moon

The Adani Group aims to raise 71.48 billion rupees (approximately S$1.1 billion) by selling up to a 20% stake in Mumbai-listed Adani Wilmar, as it exits non-core activities to concentrate on its core

Nuclear stocks are surging in overnight trading as analysts are growing optimistic over the sector's prospects. $Energy Fuels(UUUU)$ rose 4.88%; $Nexgen Energy(NXE)$ rose 4.17%; $Oklo Inc.(OKLO)$, $N

Shares of Nvidia closed out 2024 on a downtrend, sparking broader concerns around the valuation of AI companies. After an impressive post-earnings peak in November, the tech giant’s stock has dipped 1

After top funds poured money into Meta Platforms this month, Meta stock looks to reclaim an earlier buy point.

Spotify stock rose early Wednesday after the audio streaming platform posted quarterly earnings and gave an upbeat outlook for subscriber and user growth.But one analyst downgraded the stock. PhillipCapital analyst Jonathan Woo changed his recommendation from Buy to Accumulate, indicating that perhaps investors should go a little easy on the Spotify, which is up 141% over the past 12 months.An Accumulate rating is still a form of a buy recommendation. Woo cited the recent price gains as a reason for the downgrade and still increased his price target by 15% to $485.Other analysts followed suit increasing their price targets after the earnings report. Evercore hiked its price target by 9% to $500, KeyBanc by 6% to $520, and Benchmark by 18% to $520.Spotify shares rose 7.2% to $449.74 in premarket trading Wednesday. The stock has more than doubled in value so far this year.Third-quarter earnings came in at 1.45 euros a share on revenue of 4 billion euros. While that was lower than the 1.

Facebook parent company Meta will report its fiscal third quarter earnings after the closing bell on Wednesday. The social media giant has quickly become an artificial intelligence power in its own right, up there with the likes of Microsoft , Google , and Amazon , and investors are on board for the ride.Meta stock has shot up 66% year to date and 26% over the last three months. For comparison, Amazon shares are up 25% over the last three months, while Google shares are up 21%. Microsoft’s stock price, meanwhile, is up 15% during the same time period.Meta’s earnings follow a report by The Information that the company is working on its own search functionality for its Meta AI service that will allow users to ask questions and get answers about current events. The goal is to ensure Meta will no longer have to rely on Google's or Microsoft’s search engines to answer certain user queries.Beyond spending concerns, Meta is also facing a host of high-

The Nvidia chief is selling shares nearly every day.

News that $Nvidia(NVDA)$ had landed another big deal didn’t appear to be doing much for the chip maker’s stock price early Wednesday. It’s the Federal Reserve, not artificial intelligence, that invest

Stock futures were higher Tuesday as Wall Street raised bets the Federal Reserve will cut interest rates this week by 50 basis points. Economic data to be released Tuesday includes monthly U.S. retail sales.Intel jumped 6.8% after the semiconductor maker said it would be turning its chip contract manufacturing business into an independent subsidiary and reached a multibillion-dollar agreement for Amazon.com's Amazon Web Services to manufacture chips at Intel factories using an advanced chip-making technology expected to go into production in 2025. Intel also said would be receiving $3 billion in federal funding to make chips for the Defense Department.Mobileye Global, the Israeli developer of driver-assistance technology, was rising 3.2% after the company wasn't mentioned as part of what Intel called "the next phase" of its "transformation." It was reported earlier this month by Bloomberg that Intel was considering options for its stake in Mobileye as part of a chip maker's overhaul.

Nvidia, for a single day in June 2024, surpassed Microsoft to become the company with the largest market capitalization on the S&P 500 index, but looking at the companies that have previously held the