ADVFN US – Market Content Editor
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Nike’s Recovery Gains Momentum; Analyst Predicts Continued Long-Term Market Leadership
Nike (NYSE:NKE) is making steady progress in its recovery and is well-positioned to sustain its leadership in the athletic apparel and footwear sectors, according to a recent analysis by Argus. The investment firm upgraded Nike’s stock rating from Hold to Buy on Tuesday, setting a price target of $85. “We believe a recovery is underway,”…
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Royal Caribbean Cruises Stock Hits Record High at $316.37 Amid Leadership Changes and Strong Outlook
Royal Caribbean Cruises Ltd (NYSE:RCL) reached a new all-time high, with its stock price hitting $316.37, marking a major achievement for the cruise line giant valued at $85.8 billion. This milestone reflects an impressive 101.91% increase over the past year, highlighting the company’s strong market performance. The surge in stock price is driven by a…
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Apellis stock surges after Sobi $300 million royalty deal
Apellis Pharmaceuticals Inc (NASDAQ:APLS) saw its shares increase by 3.2% following the announcement of a significant royalty agreement with Sobi that could generate up to $300 million in non-dilutive capital. As part of the deal, Apellis will receive $275 million upfront in exchange for 90% of its future ex-U.S. royalties on Aspaveli (systemic pegcetacoplan). Additionally,…
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Ford Posts Robust 14.2% Sales Increase in Q2, Surpassing Industry Growth
Ford Motor Company (NYSE:F) delivered an impressive performance in the second quarter of 2025, with vehicle sales jumping 14.2% to reach 612,095 units. This growth notably outstripped the broader automotive industry’s modest 1.4% expansion during the same period. The company’s market share also saw a healthy boost, climbing to approximately 14.3%, which is a 1.8…
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U.S. Stocks Dip from Record Highs Amid Trade and Economic Concerns
U.S. stock markets slipped slightly on Tuesday after reaching record highs the day before. Investors are closely watching developments in global trade and preparing for important labor market data due later this week. As of 9:32 a.m. ET: On Monday, both the S&P 500 and NASDAQ had closed at record highs, supported by easing trade…
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Dow Jones, S&P, Nasdaq, U.S. Stocks Slip From Record Highs Amid Focus on Trade Deals and Upcoming Labor Data
U.S. equity markets dipped slightly on Tuesday, pulling back from recent record peaks as investors digested developments on trade and fiscal policies while awaiting key labor market reports scheduled for later this week. As of 9:32 a.m. ET, the Dow Jones Industrial Average was down 33 points (0.1%), the S&P 500 fell 16 points (0.3%),…
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Stocks of Medical Device Companies Drop Following Proposed Medicare Payment Cuts
Shares in leading medical device makers declined sharply Tuesday after the Centers for Medicare & Medicaid Services (CMS) unveiled a proposal to reduce payments to home health agencies, potentially affecting providers of diabetes care products. Tandem Diabetes Care Inc (NASDAQ:TNDM) saw its shares fall 6.4%, DexCom Inc (NASDAQ:DXCM) dropped 4.9%, and Insulet Corporation (NASDAQ:PODD) declined…
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AT&T Stock Climbs to 52-Week Peak at $29.04
AT&T’s (NYSE:T) stock recently hit a new 52-week high, closing in at $29.04, marking a significant rally for the telecommunications giant. Over the past year, the company’s shares have surged approximately 53.77%, reflecting strong investor confidence amid a competitive telecom sector. AT&T’s solid financial footing, demonstrated by annual revenues of $122.9 billion and a price-to-earnings…
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Alibaba Shares Dip After Baidu Unveils Open Source Ernie AI Model
Alibaba Group Holdings Ltd ADR (NYSE: BABA) saw its stock slip 1.4% in premarket trading on Monday following the announcement by Chinese tech giant Baidu (NASDAQ: BIDU) that it will make its Ernie generative AI large language model open source, CNBC reported. This strategic move by Baidu introduces a fresh layer of competition in China’s…
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DoorDash Shares Reach New 52-Week Peak at $247.98
DoorDash Inc. (NASDAQ:DASH) stock soared to a fresh 52-week high of $247.98, signaling a major milestone for the food delivery leader. The company’s strong financial position is reflected in its current ratio of 1.72, and it holds more cash on hand than outstanding debt. Over the past year, DoorDash’s shares have surged an impressive 129.42%,…