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U.S. Stock
Jan 13, 2025
High-end fashion group Brunello Cucinelli sees strong growth ahead
-- Italian luxury fashion group, Brunello Cucinelli, reported a record-breaking revenue of 358 million euros ($367.1 million) for the fourth quarter of 2024, marking...
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Jan 13, 2025
Capital Economics says rebound in Nasdaq, growth stocks is close
Capital Economics projected today that US equities are set for a rebound, with a particular emphasis on growth and cyclical stocks. This forecast comes after a notable decline in...
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Jan 13, 2025
Texas sues Allstate for collecting driver data without consent
By Jonathan Stempel (Reuters) - Allstate (NYSE:ALL) has been sued by the state of Texas, which accused the insurer on Monday of illegally tracking drivers through their cell...
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Jan 13, 2025
Mint Incorporation Limited Closes $7M Share IPO
Mint Incorporation Limited (Nasdaq: MIMI) (the “Company”), a Hong Kong-based interior design and fit out works provider, today announced the closing of its initial public offering...
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Jan 13, 2025
Nvidia faces revenue threat from new U.S. AI chip export curbs, analysts say
By Zaheer Kachwala and Arsheeya Bajwa (Reuters) -Nvidia faces a significant revenue threat due to the latest U.S. export restrictions on artificial intelligence chips, designed to...
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Jan 13, 2025
3M eyes margin gains, modest growth, says Deutsche Bank
-- Deutsche Bank expects 3M Company (NYSE:MMM) to outline plans for improving operating margins at its February 26 Investor Day. “At this event, we expect 3M to lay...
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Jan 13, 2025
Ardelyx's Ibsrela sales beat expectations, shares surge
-- Shares in biopharmaceutical firm Ardelyx (NASDAQ:ARDX) experienced a significant rally, surging as much as 15% intraday, marking the most substantial increase...
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Jan 13, 2025
US judge allows DOJ to release report on Trump's election subversion case
By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) - A federal judge on Monday cleared the way for the U.S. Justice Department to publicly release a portion of former...
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Jan 13, 2025
Cliff Asness says Bitcoin is a speculative bubble
-- Cliff Asness, co-founder of AQR Capital Management, expressed concern that bitcoin is in a speculative bubble. This comes after the cryptocurrency's rapid surge...
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Jan 13, 2025
HSBC trims Nvidia’s PT on supply chain, says "beat & raise" in H1 FY26 unlikely
-- HSBC lowered the target price on Nvidia (NASDAQ:NVDA) to $185 from $195 but maintained its "buy" rating, given supply chain issues for the GB200 chip in the first...
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