ADVFN US – Market Content Editor
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Loop Capital Downgrades MongoDB, Cites Sluggish AI Momentum and Atlas Adoption
MongoDB (NASDAQ:MDB) saw its stock outlook downgraded by Loop Capital on Tuesday, as the investment firm lowered its rating from Buy to Hold and slashed its price target from $350 to $190. The move reflects mounting concerns over the company’s slower-than-anticipated growth in artificial intelligence (AI) workloads and weaker market traction for its flagship Atlas…
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U.S. Home Prices Dip for the First Time in Over a Year and a Half
Home prices in the United States edged down slightly in April, marking the first monthly decline since September 2022, according to new data from real estate firm Redfin (NASDAQ:RDFN). Seasonally adjusted prices fell by 0.1%, a modest shift but a notable one after a long stretch of monthly gains. On an annual basis, home prices…
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JPMorgan, Citi Predict European Stocks Will Outperform Wall Street by 2025
Wall Street strategists predict a significant shift with European stocks, particularly the Stoxx Europe 600, set to outperform U.S. equities by 2025. New forecasts from JPMorgan and Citigroup suggest a brighter outlook for Europe’s economy, thanks to better earnings and looming economic reforms, reversing earlier pessimism. However, U.S. market sentiment appears muted, leading to concerns…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May Move Back To The Downside In Early Trading
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after recovering from an early slump to end the previous session slightly higher. Profit taking may contribute to initial weakness on Wall Street, as some…
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Nasdaq Top 5 Premarket Losers
Here are the top five losers by percentage on the Nasdaq before the market opened. AppTech Payments Corporation (NASDAQ:APCX)AppTech Payments Corp is a FinTech company utilizing innovative payment processing and digital banking technologies to complement core merchant services capabilities. Price: 0.1448Percentage Change: -29.64%Volume: 132 Protagenic Therapeutics Inc (NASDAQ:PTIX)Protagenic Therapeutics Inc is a biopharmaceutical company focused…
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Nasdaq Top 5 Premarket Gainers
Here are the top five gainers by percentage on the Nasdaq before the market opened. BloomZ Inc (NASDAQ:BLMZ) Price: 0.2125Percentage Change: 108.74%Volume: 217,378,252 Huachen AI Parking Management Technology Holding Company Ltd (NASDAQ:HCAI) Price: 16.00Percentage Change: 60.00%Volume: 29 Siyata Mobile Inc (NASDAQ:SYTA)Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over…
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H World Group Shares Slip After Q1 Miss Despite Strong Hotel Expansion
Shares of H World Group Limited (NASDAQ:HTHT) fell over 2% in premarket trading Tuesday after the hospitality giant reported first-quarter 2025 results that came in below Wall Street expectations. The company, which operates a broad hotel network across China and internationally, posted adjusted earnings per share of RMB2.48 ($0.34), missing analyst estimates of RMB2.60. Revenue…
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iPhone Exports from China to U.S. Hit 13-Year Low as Trade Tensions Escalate
Apple Inc. (NASDAQ:AAPL) saw a sharp drop in shipments of iPhones and other mobile devices from China to the United States in April, with the total value of exports falling to their lowest level since 2011. The steep decline appears to underscore growing strain from the ongoing trade conflict between the two global superpowers. According…
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ZKH Group Shares Slide as Q1 Loss Deepens Despite Modest Revenue Growth
Shares of ZKH Group Limited (NYSE:ZKH) tumbled over 7% in pre-market trading Tuesday after the Chinese industrial procurement platform reported a larger-than-expected adjusted net loss for the first quarter of 2025, even as revenue edged higher. The company reported a non-GAAP net loss of RMB50.2 million (approximately -$0.31 per American Depositary Share), widening from a…
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Intel Weighs Exit from Networking and Edge Business as CEO Tan Refocuses Strategy
Intel (NASDAQ:INTC) is evaluating a potential sale of its networking and edge division, as part of new CEO Lip-Bu Tan’s plan to streamline the company and concentrate on its core semiconductor segments, according to a Reuters report citing multiple sources close to the matter. The unit, previously labeled NEX in Intel’s financials, may be divested…