Crypto hedge fund Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a
AstraZeneca's Calquence gains FDA approval for untreated mantle cell lymphoma, supported by data showing improved survival and reduced disease progression.
The latest approval aligns with Biomerica’s strategy to broaden its presence in the Middle East, a region where prostate cancer is increasingly viewed as a pressing health issue.
Mastercard stock is trading higher by 4.7% this week. After December inflation data showed cooling price pressures, hopes for Federal Reserve rate cuts in 2025 increased.
A recent analyst note from Bank of America outlines a mixed outlook for the U.S. airline industry in 2025. BofA emphasizes strong performance from network carriers and challenges for leisure-focused airlines.
Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard Value has acquired a 7.7% stake in the company.
Shares of communications chips maker Qorvo (NASDAQQRVO)
jumped 11.9% in the morning session after activist investor, Starboard Value, disclosed a 7.7% stake in the company. This move is noteworthy given that activist investors often bring about significant changes in targeted companies, focusing on improving asset monetization, expense efficiency, and stock buybacks.
Shares of internet security and content delivery network Cloudflare (NYSENET)
jumped 5.3% in the morning session after Citi analysts upgraded the stock's rating from Neutral to Buy and raised the price target from $95 to $145. The new price target implied a potential 20% upside from where shares traded before the upgrade was announced.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Friday. Let's explore the market movements and identify the stocks with significant gaps.
Shares of electric vehicle manufacturer Rivian (NASDAQRIVN) jumped 6% in the morning session after the company announced a loan agreement with the U.S. Department of Energy worth $6.6 billion to construct a new manufacturing facility in Georgia. The fund is expected to support the creation of 7,500 new manufacturing jobs and accelerate the production of Rivian's new vehicles (R2 SUV and R3 crossover).
Shares of computer processor maker Intel (NASDAQINTC)
jumped 8% in the morning session after Bloomberg reported the company could be a potential acquisition target. Bloomberg cited SemiAccurate, a tech site founded by Charlie Demerjian. SemiAccurate claimed it had "read an email about a company attempting to buy all of Intel.".
Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) jumped 5.4% in the morning session after the stock continued to recover from the Muddy Waters report. FTAI added in its response to the report, "...believes that the recent report by Muddy Waters is an attempt to profit at the expense of FTAI's shareholders by manipulating the company's stock price. We strongly disagree with the assertions made by this notorious short-seller, several of which are sourced to a single, anonymous individual who is described only as 'a former FTAI executive' and whose agenda is not explained."
Oklo has teamed up with RPower to launch a phased energy model for data centers. This collaboration combines immediate power solutions with a future shift to clean energy using Oklo's Aurora reactors.
For 2025, the company forecasted a flat growth in NII, impacted by a continued decline in non-interest-bearing deposits. It also expects a 2% to 3% rise in annual expenses.
Walmart unveils its sustainable, 350-acre Home Office campus in Northwest Arkansas, focusing on employee well-being, environmental responsibility, and community.
The Consumer Financial Protection Bureau (CFPB) has fined Equifax Inc. $15 million for failing to properly investigate consumer disputes, leading to inaccurate credit scores and data.
Trump had his first conversation with China's Xi since leaving office, discussing trade imbalances, fentanyl, TikTok, and global peace. Tech leaders will attend his inauguration, possibly signaling a shift in US-China relations.
