Business

Nvidia (NVDA) stock rose nearly 5% on Tuesday, following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon. In a client note this week, Stifel analyst Ruben Roy raised his price target on Nvidia to $180 from $165, while Truist …

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A combination of lingering good sentiment and company-specific news was lifting cryptocurrencies and associated stocks higher on Tuesday. For the former, we didn’t see many dramatic price leaps, yet it seems the latest rally still has some mileage to it. The day really belonged to the crypto stocks, with Mara …

Super Micro Options Imply More Volatility for the Stock Source link

(Reuters) – U.S.-listed shares of Nokia jumped around 5% in extended trading on Tuesday after T-Mobile said it has no plans to stop working with the Finnish company in a response to an analyst report claiming such a possibility. Nokia shares closed down around 7% after Earl Lum of EJL …

By Dawn Chmielewski (Reuters) – Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution. The company last month told investors it …

Bloomberg / Contributor / Getty Images Comcast shares gained in extended trading Tuesday following a report the company is expected to announce plans Wednesday to spin off its NBCUniversal cable TV networks. The spinoff could mean the separation of assets that generated about $7 billion in revenue in the 12 …

(Bloomberg) — Medical Properties Trust Inc., one of the largest hospital landlords in the US, has moved to take control of three Southern California health care entities after accusing the owner — Prospect Medical Holdings — of defaulting on debt. Most Read from Bloomberg MPT has demanded that the board …

Over the past year, space technology provider Rocket Lab (RKLB) has skyrocketed beyond expectations, with shares soaring 357% to a market capitalization past $9.8 billion. As the sector sees continued enthusiasm and success for private launch capabilities, a thorough examination of what’s next for would-be investors is critical. I have …

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