BTIG upgrades Snowflake on improving cloud demand, AI growth

Stocks making the biggest moves midday: NVDA, SNOW, RYCEY

Check out the companies making headlines in midday trading. Nvidia – Shares dropped 8.5% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross profit margin declined, and its latest revenue topped forecasts by the smallest amount in two years . EBay – The e-commerce platform slumped…

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COIN, ABNB, WRD, GME and more

COIN, ABNB, WRD, GME and more

Check out the companies making headlines in midday trading: Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said Warner Music’s multiple is “far below” those of its peers. Roku — Shares popped nearly 14% after the streaming company reported fourth-quarter results…

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Stocks making the biggest moves after hours: RDDT, HOOD, BROS, MGM

Stocks making the biggest moves after hours: RDDT, HOOD, BROS, MGM

Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user numbers fell short of Wall Street’s expectations. Daily active uniques averaged 101.7 million for the fourth quarter, reflecting growth of 39% year over year but missing analysts’ call for 103.1 million, per StreetAccount. Separately, Reddit…

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Rising Dividends Reflect Cultural Change in China's Stock Market - News and Statistics

Rising Dividends Reflect Cultural Change in China’s Stock Market – News and Statistics

Jan 24, 2025 The Chinese stock market is witnessing a transformative shift as companies, encouraged by Beijing, ramp up share buybacks and distribute record dividends, according to Yahoo Finance. These efforts are designed to boost shareholder returns and instill renewed investor confidence in a market that has seen sluggish growth over the years. Data from…

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