Wall Street’s main preoccupation this week could be summed up like this: Is the software sell-off overdone or does it signify the start of an unraveling AI bubble? Software stocks continued their rout on Thursday, with the iShares Expanded Tech-Software Sector ETF (IGV) down more than 9% week to date. Anthropic’s latest updates to Claude…
Gabby Jones | Bloomberg | Getty Images Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and…
Check out the companies making the biggest moves in premarket trading: Qualcomm — The chipmaker sank nearly 11% as a global memory shortage hurt its forecast . Qualcomm expects fiscal second-quarter adjusted earnings of between $2.45 and $2.65 per share on revenue of $10.2 billion to $11 billion. Analysts polled by LSEG were expecting $11.11…
BondBloxx ETFs has been making a big bet in private credit. Even with Wall Street fears of an impending meltdown in the space, the firm’s co-founder and chief operating officer is confident private credit is a sensible way for investors to pursue income. “What you’re seeing in the press… maybe a fund of one manager and…
Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans. “We’re getting ready for our earnings call here in just a couple of weeks, and I will share with this group that we’re on track to produce the highest mortgage loan production in…
Bitcoin signage in Times Square in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin nearly touched the $72,000 mark on Wednesday, marking the second straight day of its massive retreat this week. The world’s oldest cryptocurrency sank as low as $72,096.20, plunging more than 5% on the day….
Check out the companies making headlines before the bell: Novo Nordisk — The maker of obesity drug Wegovy’s U.S. stock fell about 13% after unexpectedly warning that fiscal 2026 sales will be hurt by lower drug prices in the U.S. even as it anticipates more patients will use its popular GLP-1 drug. Novo Nordisk said…
These are the stocks posting the largest moves in premarket trading. Source link
Look to the Caribbean for an unsung bank play that offers a combination of upside potential and income, according to Bank of America. The firm upgraded shares of Puerto Rico-based Popular Inc. on Tuesday, lifting its rating to buy from hold. Analyst Brandon Berman also raised his price target to $156 from $141, implying upside…
Check out the companies making headlines before the bell: Palantir — The stock jumped 11% following the AI-powered software provider’s fourth-quarter earnings beat . Palantir reported adjusted earnings of 25 cents per share, versus the 23 cents expected from analysts polled by LSEG. Revenue was $1.41 billion, topping the $1.33 billion consensus estimate. Merck —…
