Guggenheim says the monetization of generative AI “is not happening en masse and is not likely to materialize this year.”
Ubisoft’s strategic pivot towards subscriptions and the release of two new games could boost the French company’s share price, Jefferies analysts said
Not all chip stocks enjoyed the exuberant first-half performance seen by Nvidia — and a Melius Research analyst thinks some notable laggards could be primed for solid rebounds.
Shares of Momentus, which provides satellite transportation and servicing, jumped in premarket trades Monday.
Devon is buying acreage in the Williston Basin, an energy-rich area mostly in Montana, North Dakota and Saskatchewan.
Morphic’s stock rocketed Monday, after the biopharmaceutical company announced an agreement to be acquired by Eli Lilly in a cash deal valued at about $3.2 billion.
The company, which makes glass for big-screen TVs, mobile phones and optical fiber, believes the first quarter will be the lowest one for all of 2024.
Stock investors emphasize interest-rate trends and investor sentiment.
