FMP
Jul 9, 2025 3:41 AM - Parth Sanghvi
Asian equity markets were largely rangebound on Wednesday, as investors weighed mixed signals from the U.S. and China. Market caution prevailed following U.S. President Donald Trump's tariff threats, which now extend to copper and pharmaceutical imports, and as China’s inflation data pointed to cont...
Jul 9, 2025 3:40 AM - Parth Sanghvi
Bitcoin prices ticked up slightly on Wednesday as the market remained in a holding pattern, awaiting clarity on both U.S. trade policy and the upcoming legislative developments in Crypto Week, set to begin July 14. The world’s largest cryptocurrency rose 0.4% to $108,720.20 as of 02:25 ET (06:25 ...
Jul 9, 2025 3:31 AM - Parth Sanghvi
The S&P 500 edged lower on Tuesday as markets weighed the potential economic fallout from President Donald Trump’s renewed tariff agenda. Concerns around escalating trade tensions outweighed optimism around selective trade deal progress. At 4:00 p.m. ET (20:00 GMT), the: Dow Jones Industrial A...
Jul 9, 2025 3:30 AM - Parth Sanghvi
Gold prices dipped in Asian trade on Wednesday as safe-haven demand failed to materialize despite rising geopolitical tensions. Instead, investors turned to the U.S. dollar, which is rebounding from three-year lows, following President Donald Trump’s announcement of steep new tariffs and stronger-th...
Jul 9, 2025 3:29 AM - Parth Sanghvi
Apple Inc. (NASDAQ:AAPL) is reportedly in discussions to acquire exclusive U.S. broadcasting rights for Formula 1, according to a Financial Times report published Wednesday. The move would position Apple in direct competition with Disney’s ESPN, whose current contract with F1 expires next year. A...
Jul 9, 2025 3:29 AM - Parth Sanghvi
Super Micro Computer Inc. (NASDAQ:SMCI) is set to deepen its investment footprint in Europe, CEO Charles Liang said in a recent CNBC interview, citing a surge in demand for artificial intelligence infrastructure across the region. The company, best known for producing high-performance servers equ...
Jul 9, 2025 3:28 AM - Parth Sanghvi
China's tech giants are reportedly preparing to install over 115,000 Nvidia (NASDAQ:NVDA) AI chips across dozens of data centers in remote provinces such as Xinjiang. A Bloomberg analysis of planning documents highlights Beijing’s ambition to build foundational infrastructure for large-scale artific...
Jul 9, 2025 3:26 AM - Parth Sanghvi
Goldman Sachs has updated its baseline expectation for U.S. copper import tariffs, raising it from 25% to 50%, citing heightened risk following recent trade rhetoric from President Donald Trump. The investment bank now anticipates a front-loaded spike in copper shipments as global exporters scramble...
Jul 9, 2025 3:25 AM - Parth Sanghvi
With market liquidity thinning and geopolitical uncertainty intensifying, Deutsche Bank analysts are flagging an elevated risk of financial market turmoil as summer 2025 unfolds. In a recent client note, they pointed to historical patterns where many volatility shocks—particularly in August—have his...
Jul 9, 2025 3:25 AM - Parth Sanghvi
Meta Platforms (NASDAQ:META) has quietly acquired a nearly 3% stake in eyewear giant EssilorLuxottica, a move that underscores the social media conglomerate’s long-term vision for AI-powered wearable technology. According to Reuters, Meta’s stake is worth roughly €3 billion ($3.52 billion) at cur...
Jul 9, 2025 3:25 AM - Parth Sanghvi
AAR Corp. (NYSE:AIR) has landed an $85 million contract from the U.S. Department of Defense (DoD) to supply specialized shipping and storage containers, shelters, and related accessories. The contract, awarded to its Mobility Systems division, underscores AAR’s growing role in supporting national de...
Jul 9, 2025 3:24 AM - Parth Sanghvi
Vertical Aerospace (NYSE:EVTL) shares plummeted 22% in early trading following the company’s announcement of a $60 million underwritten public offering of ordinary shares, with an additional $9 million over-allotment option granted to underwriters. The electric aviation firm, known for its innova...
Jul 9, 2025 3:23 AM - Parth Sanghvi
Bernstein has initiated coverage of Kuaishou Technology and Bilibili Inc. (NASDAQ:BILI) with Outperform ratings, citing a structural shift in digital media consumption toward video-based formats. This move aligns with growing global trends in “videolisation,” where both short-form and long-form vide...
Jul 9, 2025 3:23 AM - Parth Sanghvi
Mobileye Global Inc. (NASDAQ:MBLY) shares rebounded 5% on Wednesday after posting strong preliminary Q2 results, reversing a 10% after-hours decline triggered by Intel’s (NASDAQ:INTC) plan to offload 45 million shares in a secondary offering. Q2 Highlights: Strong Growth Amid Supply Chain Normali...
Jul 9, 2025 3:22 AM - Parth Sanghvi
Tesla (NASDAQ:TSLA) surged to the top of Charles Schwab’s STAX report for June 2025, emerging as the most bought stock among retail investors. The spike came amid growing hype around its robotaxi debut in Austin, which offset concerns about weak overseas sales. According to Schwab’s head of tradi...
Jul 9, 2025 3:22 AM - Parth Sanghvi
AES Corporation (NYSE:AES) saw its stock jump 15% after Bloomberg reported that the renewable energy company is considering strategic options — including a potential sale — as interest from private equity and infrastructure giants builds. The surge follows a two-year share price decline of nearly...
Jul 8, 2025 5:00 PM - Danny Green
ServiceNow (NYSE:NOW) is a prominent player in the cloud computing industry, providing enterprise solutions that streamline digital workflows. The company is known for its innovative software-as-a-service (SaaS) offerings, which help businesses automate and optimize their operations. ServiceNow comp...
Jul 8, 2025 4:00 PM - Stuart Mooney
Uber Technologies Inc. (NYSE:UBER) is a global leader in ride-sharing and food delivery services. The company is known for its innovative approach to transportation, including its investments in autonomous vehicle technology. Uber competes with other ride-sharing companies like Lyft and food deliver...
Jul 8, 2025 4:00 PM - Andrew Wynn
Rallybio Corporation (NASDAQ:RLYB) is a clinical-stage biotechnology company that focuses on developing therapies for severe and rare diseases. The company is currently trading at $0.3092, with a target price of approximately $0.5967. This suggests a significant growth potential of about 92.99%, mak...
Jul 8, 2025 4:00 PM - Rayan Ahmad
Ciena Corporation (NYSE:CIEN) is a global leader in networking systems, services, and software. The company specializes in providing solutions that enable the delivery of high-speed internet and data services. Ciena's offerings are crucial for telecommunications companies, internet service providers...