Market frustration with the November Consumer Price Index is not about how low inflation printed. It’s about whether the number can be trusted at all. The report showed that annual CPI inflation slowed to 2.7% in November from 3% in…
U.S. tech ETFs rallied Thursday after a cooler-than-expected inflation figure dampened Treasury yields, while semiconductor shares were already moving upward in response to strong earnings reported by Micron Technology Inc (NASDAQ:MU). • VanEck Semiconductor ETF shares are advancing steadily. Why…
Needham analysts had meetings with the management teams of 12 companies to discuss their performance until the end of December, before companies entered the "quiet period." • Fortinet stock is trading at depressed levels. What’s next for FTNT stock? The…
Sotera Health Company (NYSE:SHC) is drawing renewed investor attention as easing litigation risks and improving free cash flow sharpen the market’s focus on its integrated sterilization platform, sticky customer base, and margin-rich business model, setting the stage for a potential…
Lionsgate Studios Corp. (NYSE:LION) shares traded higher Thursday after the company expanded access to its ad-supported streaming inventory. The studio said advertisers can now buy placements across its U.S. FAST channels through FreeWheel's supply-side platform. Lionsgate said media buyers can…
Rivian Automotive, Inc (NASDAQ:RIVN) is expanding hands-free assisted driving and rolling out new software updates that give drivers more control, customization across Gen 1 and Gen 2 vehicles. After launching Enhanced Highway Assist earlier this year, Rivian is significantly broadening…
Athira Pharma Inc. (NASDAQ:ATHA) stock is trading higher on Thursday, with a session volume of 57.29 million compared to the average volume of 30.94 thousand as per data from Benzinga Pro. Athira Pharma on Thursday agreed to acquire the rights…
Redwire Corp (NYSE:RDW) shares are trading higher on Thursday after the company disclosed an eight-figure deal with European aerospace firm The Exploration Company (TEC). The agreement entails Redwire supplying two IDSS-compliant docking systems for TEC's Nyx spacecraft. Details As per…
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) and Microsoft Corp. (NASDAQ:MSFT) on Thursday announced a multi-year alliance to help global companies scale artificial intelligence across core business functions. The new collaboration aims to build AI solutions that firms can use to transform…
Advanced Micro Devices Inc (NASDAQ:AMD) shares are climbing on Thursday, supported by improved market sentiment following softer November inflation data. Additionally, the stock is moving higher alongside other chip names after Micron Technology Inc (NASDAQ:MU) posted stronger‑than‑expected quarterly results and…