The market heads into Christmas week with software stocks stabilizing, crypto bouncing off recent lows, and liquidity set to thin as the holiday approaches. Software Stocks Are Not Trading Like They're Disrupted by AI Despite constant headlines about AI disruption,…
Unifirst Corporation (NYSE:UNF) stock rose Monday after the company received an acquisition proposal from Cintas Corporation (NASDAQ:CTAS) for $275 per share in cash. Details The offer values UniFirst at about $5.2 billion and represents a 64% premium to its 90-day…
Velo3D, Inc. (NASDAQ:VELO) stock jumped on Monday after the advanced manufacturing specialist secured a federal contract designed to break production bottlenecks in a critical weapons program. The company clinched a $32.6 million agreement with the Department of War (DoW) under…
Looking into the current session, Norwegian Cruise Line Inc. (NYSE:NCLH) shares are trading at $23.08, after a 0.17% increase. Moreover, over the past month, the stock spiked by 25.56%, but in the past year, decreased by 12.79%. Shareholders might be…
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended selling Lucid Group, Inc. (NASDAQ:LCID). Supporting his view, Morgan Stanley analyst Andrew Percoco, on Dec. 8, downgraded Lucid Group from Equal-Weight to Underweight and cut the price target from $30 to…
In this episode of Capital Link's Shipping Sector Webinar Series, we welcomed Mr. Aristides Pittas, Chairman & CEO at EuroDry Ltd. (NASDAQ:EDRY) and Euroseas Ltd. (NASDAQ:ESEA), Mr. Mads Petersen, COO of Pangaea Logistics Solutions Ltd. (NASDAQ:PANL), Mr. Hamish Norton, President…
Deals between pharmaceutical companies and the U.S. government to reduce drug prices are likely to drive higher costs for new medicines in Switzerland over time, according to Thomas Schinecker, CEO of Swiss drugmaker Roche Holding AG (OTC:RHHBY). Speaking to Swiss…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan cut Paychex Inc (NASDAQ:PAYX) price target from $140…
T1 Energy Inc. (NYSE:TE) stock rose Monday after the company disclosed a three-year contract with Treaty Oak Clean Energy, LLC. Details As per the agreement, T1 Energy will supply Treaty Oak Clean Energy with at least 900 MW of solar…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. BTIG analyst Thomas Shrader initiated coverage on Invivyd Inc…