The biggest new customer for Nvidia Corp‘s (NASDAQ:NVDA) next-generation AI chips isn’t another chatbot maker or cloud giant. It’s a humanoid robotics company. Figure AI’s decision to secure access to up to 100,000 Nvidia Vera Rubin GPUs signals that the…
Lululemon Athletica Inc (NASDAQ:LULU) stock is in focus after Guggenheim Partners lowered its earnings estimates for the company, citing concerns that the U.S. business has not yet completed its sales reset. The apparel company’s stock is trading lower on Friday…
Belite Bio Inc. (NASDAQ:BLTE) drew a bullish initiation from Canaccord Genuity, which sees significant upside tied to the potential launch of its lead eye-disease drug, tinlarebant.Canaccord analyst Whitney Ijem initiated coverage with a Buy rating and a $303 price forecast.…
U.S. equities slipped from Thursday’s rebound highs by midday Friday after a blowout August payroll report forced traders to price in a genuine chance the Federal Reserve raises rates this month. Beneath a quiet index tape, the rotation was violent:…
UiPath Inc. (NYSE:PATH) stock traded sharply lower Friday after the company reported second-quarter results and raised its fiscal 2027 revenue outlook.UiPath reported quarterly earnings of 15 cents per share, matching the consensus estimate, according to Benzinga Pro. Revenue rose to…
Docusign Inc. (NASDAQ:DOCU) drew bullish commentary from analysts after its fiscal second-quarter results showed accelerating growth in its Intelligent Agreement Management business (IAM), improving retention and stronger-than-expected profitability.Citizens Sees More UpsideCitizens analyst Patrick Walravens maintained a Market Outperform rating and…
Shares of Zscaler Inc (NASDAQ:ZS) are down on Friday, after the company reported its fourth-quarter results. • Zscaler stock is taking a hit today. Why is ZS stock falling? Here are some key analyst takeaways: Stephens analyst Todd Weller maintained an…
Shares of TransUnion (NYSE:TRU) are sliding Friday afternoon as investors react to regulatory threats from Federal Housing Finance Agency Director Bill Pulte regarding mortgage credit reporting costs and industry structure. TransUnion shares are sliding. What’s behind TRU decline? FHFA Director…
Health authorities have categorized an urgent device withdrawal by Boston Scientific Corp. (NYSE:BSX) as the most serious class of recall available. Severe FDA Safety Recall Warning The regulatory advisory released on Thursday covers the company’s Infinion CX Lead, which functions…
The U.S. jobs report delivered a major surprise in August, but one of the more intriguing signals for ETF investors came from the restaurant economy. The U.S. added 162,000 jobs in August, nearly three times the expected 56,000, while unemployment…