ADVFN US – Market Content Editor
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Flowers Foods Shares Slide Over 8% After Earnings Miss and Downward Outlook Revision
Flowers Foods Inc. (NYSE:FLO) saw its stock drop 8.61% in pre-market trading after the company posted disappointing first-quarter results and lowered its full-year forecast. The producer of popular bread brands like Nature’s Own and Wonder Bread reported adjusted earnings per share (EPS) of $0.35, down from $0.38 in the same quarter last year and falling…
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Tesla Adds Former Chipotle Executive Jack Hartung to Board of Directors
Tesla, Inc. (NASDAQ:SLA) has named Jack Hartung to its Board of Directors and Audit Committee, with his appointment set to take effect on June 1, 2025. Hartung, a seasoned financial executive, is stepping down from his leadership position at Chipotle Mexican Grill (NYSE:CMG), where he will move into a senior advisory role while assuming his…
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UBS Upgrades Caterpillar Amid Easing Trade Tensions, but Cautions on Macroeconomic Risks
UBS has upgraded Caterpillar Inc. (NYSE:CAT) from Sell to Neutral, reflecting improved sentiment around the stock following recent progress in U.S.-China trade negotiations. The bank also lifted its price target to $357 from $272, citing a more favorable risk-reward outlook. While acknowledging an improved trade environment, UBS analysts cautioned that broader macroeconomic challenges continue to…
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Super Micro Forms Strategic Alliance with DataVolt to Develop AI Mega Campuses in Saudi Arabia
Super Micro Computer, Inc. (NASDAQ:SMCI), a leading provider of comprehensive IT solutions for AI, cloud, storage, and 5G/edge environments, has unveiled a strategic alliance with DataVolt through a newly signed memorandum of understanding (MOU). The partnership aims to jointly construct advanced hyperscale AI campuses, beginning in Saudi Arabia. Charles Liang, Supermicro’s President and CEO, expressed…
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April 2025 Crypto Market Recap: Bitcoin Rises as Tariff Turmoil Unfolds
In April 2025, Donald Trump’s tariff policies triggered market turmoil but led to Bitcoin outperforming other assets. The month saw Bitcoin rebound powerfully amid geopolitical tension while Ethereum struggled. A significant hack on a Bitcoin wallet occurred, raising security concerns within the crypto community. Overall, cautious optimism remains as the market braces for May. Crypto…
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AerCap Price Target Jumped to $130 as Analysts Show Optimism
AerCap Holdings N.V. sees its price target upped to $130 by Susquehanna, showing optimism for the financial services firm. Analysts have mixed ratings, with a consensus price target of $119.25. Recent earnings exceeded expectations significantly, and a $1 billion share buyback program signals confidence. A quarterly dividend announcement adds to the appeal for investors as…
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U.S. New Residential Construction Rebounds In April, Building Permits Down
While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month. The Commerce Department said housing starts shot up by 1.6 percent to an annual rate of 1.361 million…
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Dow Jones, S&P, Nasdaq, Upward Momentum May Carry Over In Early Trading On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to initial strength on Wall Street on Friday, with stocks likely to move mostly higher after closing mixed for two straight sessions. Stocks may continue to benefit from recent upward momentum, which has seen the S&P 500 close higher for…
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Nasdaq Top 5 Premarket Losers
Here are the top five losers by percentage on the Nasdaq before the market opened. Healthcare Triangle Inc (NASDAQ: HCTI)Healthcare Triangle Inc is a healthcare information technology company focused on advancing innovative industry-transforming solutions in the sectors of cloud services, data science, and professional and managed services for the healthcare and life sciences industry. Price:…
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Nasdaq Top 5 Premarket Gainers
Here are the top five gainers by percentage on the Nasdaq before the market opened. Inozyme Pharma Inc (NASDAQ:INZY)Inozyme Pharma Inc is a rare disease biopharmaceutical company developing novel therapeutics for the treatment of diseases of abnormal mineralization impacting the vasculature, soft tissue and skeleton. Price: 3.95Percentage Change: 178.52%Volume: 13,705,979 Capstone Holding Corp (NASDAQ:CAPS)Capstone Holding…