Financial & Business News

LATEST INVESTING HEADLINES

ZM Stock News Image - seekingalpha.com

Zoom is investing in AI technology, including the recently launched AI Companion, to enhance its unified communications-as-a-service platform. The company has yet to monetize AI Companion but has seen rapid growth with over 510,000 accounts signing up since September 2023. ZM stock is currently undervalued, with a projected fair value of $86, implying a nearly 30% upside, and the company has a large cash position.

seekingalpha.com 2024 Jun 13
SOXL Stock News Image - invezz.com

Semiconductor companies are doing well this year, helped by the unprecedented demand by artificial intelligence (AI). Nvidia (NASDAQ: NVDA) stock price has soared by over 152% this year, pushing its total market cap of over $3 trillion.

invezz.com 2024 Jun 13
TSLA Stock News Image - nytimes.com

Tesla mechanics in Sweden have been striking for six months with little movement from their employer. Nordic shareholders hope to change that.

nytimes.com 2024 Jun 13
TSLA Stock News Image - nytimes.com

A huge run-up in the stock's value followed a 2018 vote on Elon Musk's compensation package. But investors have recently become less enamored.

nytimes.com 2024 Jun 13
ML Stock News Image - seekingalpha.com

We believe MoneyLion's novel methodologies and capital market-based metrics are best-in-class. ML stock has surged by over 580% in the past year, driven by scalable solutions and the potential for further growth, which, we think, will be sustained. Operating primarily as a loan intermediary, the Company has utilized a broad range of partnerships and a cash-back initiative to enhance its traffic, which, we think, is smart.

seekingalpha.com 2024 Jun 12
KKR Stock News Image - seekingalpha.com

FS KKR Capital Corp. reported a higher non-accrual ratio in December, leading to a stock classification change. Despite credit quality improvement, FS KKR Capital's dividend safety margin remains narrow. Stock selling at 16% discount to net asset value, but non-accrual ratio and credit issues may prevent re-rating.

seekingalpha.com 2024 Jun 12
RBLX Stock News Image - accesswire.com

NEW YORK, NY / ACCESSWIRE / June 12, 2024 / If you suffered a loss on your Roblox Corporation (NYSE:RBLX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/roblox-lawsuit-submission-form?prid=85274&wire=1 or contact Joseph E. Levi, Esq.

accesswire.com 2024 Jun 12
SPT Stock News Image - accesswire.com

NEW YORK, NY / ACCESSWIRE / June 12, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sprout-social-inc-lawsuit-submission-form?prid=85275&wire=1 or contact Joseph E. Levi, Esq.

accesswire.com 2024 Jun 12
BBW Stock News Image - seekingalpha.com

BBW stock price has substantially dropped after missing both top- and bottom line estimates. Quarterly results show decline in revenues and earnings, impacted by weakening demand and macroeconomic environment. BBW stock currently fairly valued, not expected to outperform broader market; downgrade from "buy" to "hold" due to financial performance and macroeconomic concerns.

seekingalpha.com 2024 Jun 12
BYDDF Stock News Image - cnbc.com

Shares of Chinese EV makers mostly surged on Thursday morning after the EU slapped higher tariffs of up to 38% on Chinese EVs a day earlier. "The move is modest compared with the stiff 100% tariffs on Chinese EV imports into the U.S., hiked from 25% last month," said Vincent Sun, equity analyst at Morningstar, in a Wednesday note.

cnbc.com 2024 Jun 12
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