:max_bytes(150000):strip_icc()/GettyImages-1238297235-7cda1d46b015406cb7df03be26701e05.jpg?w=310&resize=310,165&ssl=1 "SolarEdge Technologies Stock Plunges on Customer Bankruptcy")
SolarEdge Technologies said one of its customers has filed for bankruptcy and likely won’t be able to pay the $11.4 million it owes.In addition, the company warned that it expects that it spent $150 million in free cash in the current quarter.SolarEdge also announced it is selling $300 million in …
Read More »:max_bytes(150000):strip_icc()/GettyImages-1586472196-bcba05b3a5d644c488138996564d538c.jpg?w=310&resize=310,165&ssl=1 "Novo Nordisk Rises as Wegovy Is Approved in China")
American depositary receipts (ADRs) of Danish drugmaker Novo Nordisk rose Tuesday after the company announced that its popular weight-loss drug Wegovy has been approved to start being sold in China.Ozempic, another drug with the same active ingredient, was approved for sale in China in 2021 and has helped boost Novo …
Read More »:max_bytes(150000):strip_icc()/MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png?w=310&resize=310,165&ssl=1 "US Stocks Mixed as Nvidia Rises After Pullback")
American depositary receipts (ADRs) of Danish drugmaker Novo Nordisk (NVO) rose Tuesday on the New York Stock Exchange (NYSE) after the company announced that its popular weight-loss drug Wegovy has been approved to start being sold in China. The treatment for overweight and obese patients was approved “recently” by China’s …
Read More »:max_bytes(150000):strip_icc()/GettyImages-2150317927-479c9847855b4520803213c25b82cb83.jpg?w=310&resize=310,165&ssl=1 "Paramount Shares Rise as Company Announces Paramount+ Price Hikes")
Paramount announced plans to raise the price of its Paramount+ streaming service later this year.Its plan prices will rise from $1 to $2 for new customers in August, a move that comes as a number of streamers have recently raised prices to improve profitability of the services.Paramount is also still …
Read More »:max_bytes(150000):strip_icc()/AVGOChart-a9981fc4eefa4147b0b61d8e5f979097.gif?w=310&resize=310,165&ssl=1 "Broadcom Stock Slumps Amid Momentum Shift—Key Price Levels to Watch")
Key Takeaways Broadcom shares fell nearly 4% on Monday, joining a sell-off in other leading chipmakers, as investors booked profits in some of this year’s best performing stocks that have ridden Wall Street’s AI wave. Momentum appeared to shift in Broadcom shares last Tuesday after the stock climbed to a …
Read More »:max_bytes(150000):strip_icc()/GettyImages-2157916918-4a777104ad504583a0dbb83a95553e76.jpg?w=310&resize=310,165&ssl=1 "5 Things to Know Before the Stock Market Opens")
Nvidia’s (NVDA) shares are rising in premarket trading, partly reversing their three-day correction and buoying other AI-linked plays like Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Company (TSM); Airbus shares are tumbling in Paris trading after the European plane maker slashed its delivery and earnings targets, while those of rival Boeing …
Read More »:max_bytes(150000):strip_icc()/SPRChart-13426e69ee474392a7e2980e52b8ab54.gif?w=310&resize=310,165&ssl=1 "Spirit AeroSystems Stock Slides After Boeing Reportedly Changes Offer Terms")
Key Takeaways Spirit AeroSystems shares dropped in pre-market trading Tuesday following reports Boeing changed the terms of its all-cash offer to reacquire the company for a mostly stock deal valuing Spirit at about $35 per share. If accepted, that offer would represent a premium of about 6% to Spirit’s closing …
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