November 11, 20240 Comments

Tesla, Coinbase and Trump Media rise premarket; Sapiens slumps By Investing.com

Investing.com — US stock rose Monday, at the start of the new week that includes key inflation data as well as an abundance of Federal Reserve speakers. Here are some of the biggest premarket US stock movers today: Tesla (NASDAQ:) stock rose 7% after the EV manufacturer’s valuation closed above the $1 trillion mark on Friday, on expectations that CEO Elon Musk’s companies will get favorable treatment under President-elect Donald

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November 11, 20240 Comments

Sapiens earnings missed by $0.05, revenue fell short of estimates By Investing.com

Investing.com – Sapiens (NASDAQ: ) reported third quarter EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $137M versus the consensus estimate of $140.38M. Guidance Sapiens sees FY 2024 revenue of $541.00M-$546.00M versus the analyst consensus of $552.70M. Sapiens’s stock price closed at $39.45. It is up 13.53% in the last 3 months and up 59.85% in the last 12 months.

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November 11, 20240 Comments

US equity valuations stretched, have ‘less room to run’: RBC By Investing.com

Investing.com — US equity positioning and valuations are looking increasingly stretched, according to RBC Capital Markets. In a report released Monday (NASDAQ:), RBC underlines that positioning in equity futures for both the and the recently reached peak levels. As the market rides post-election optimism, the investment bank suggests there may be limits to how much further valuations can expand. “US equity positioning in the futures market – including S&P 500

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November 11, 20240 Comments

SIX Swiss deal sends Aquis Exchange shares skyrocketing, nearly doubling in value By Investing.com

Investing.com — Aquis Exchange Plc’s (LON:) stock more than doubled on Monday (NASDAQ:) after the takeover announcement by SIX Swiss Exchange.  The deal places Aquis’ valuation at £194 million, marking a significant premium over recent trading values.  This move comes as SIX seeks to expand its reach in the European market, broadening its service offerings across asset trading, market data, and technology solutions. In a joint statement, SIX said that

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November 11, 20240 Comments

Japan stocks higher at close of trade; Nikkei 225 up 0.18% By Investing.com

Investing.com – Japan stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Tokyo, the added 0.18%. The best performers of the session on the were DeNA Co Ltd (TYO:), which rose 17.28% or 363.50 points to trade at 2,467.00 at the close. Meanwhile, Furukawa Electric Co., Ltd. (TYO:) added 14.80% or 700.00 points to end at 5,431.00

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November 11, 20240 Comments

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.62% By Investing.com

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Taiwan, the rose 0.62% to hit a new 3-months high. The best performers of the session on the were Arima Communications Corp (TW:), which rose 350.24% or 7.39 points to trade at 9.50 at the close. Meanwhile, Parpro Corp (TW:) added 9.89% or 3.20 points

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November 11, 20240 Comments

Australia stocks lower at close of trade; S&P/ASX 200 down 0.35% By Investing.com

Investing.com – Australia stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in Sydney, the declined 0.35%. The best performers of the session on the were Pointsbet Holdings Ltd (ASX:), which rose 8.99% or 0.08 points to trade at 0.98 at the close. Meanwhile, Omni Bridgeway Ltd (ASX:) added 4.71% or 0.04 points to end at 0.89 and

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November 11, 20240 Comments

Asia stocks fall as China stimulus disappoints, deflation persists By Investing.com

Investing.com– Most Asian stocks fell on Monday (NASDAQ:) as fresh fiscal stimulus from China largely underwhelmed, while data over the weekend showed deflation in the country remained in play.  Regional markets brushed off a strong lead-in from Wall Street, which rose on Friday and remained at record highs amid persistent optimism over a Donald Trump presidency. U.S. stock index futures rose in Asian trade, with focus turning to upcoming inflation

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November 11, 20240 Comments

US stock futures rise with inflation, Fed cues in focus By Investing.com

Investing.com– U.S. stock index futures rose in evening deals on Sunday with focus turning to upcoming inflation data and a slew of Federal Reserve speakers for more signals on whether Wall Street will extend its recent rally.  Wall Street was on a tear in the second half of last week after Donald Trump won the 2024 presidential election, clearing out a major point of uncertainty for markets. An interest rate

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November 10, 20240 Comments

Can Spirit Aero survive and what it means for Boeing acquisition By Investing.com

Investing.com — Spirit AeroSystems (NYSE:) on Tuesday, November 5, raised concerns about its ability to continue operations, sparking questions about the implications for Boeing (NYSE:)’s planned acquisition. In its third-quarter financial report, the aerospace manufacturer disclosed “substantial doubt about the Company’s ability to continue as a going concern exists.” “The Company will require additional liquidity to continue its operations over the next 12 months,” the filing added. Spirit AeroSystems reported

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