Tapestry Stock Could Extend Rally to 11-Year Highs
TPR is benefiting from rival Capri Holding's downfall
TPR is benefiting from rival Capri Holding's downfall
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Tesla stock was under pressure on Thursday afternoon as the broader Trump trade was fading after a furious post-election rally.
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Disney reported fiscal fourth quarter earnings that beat expectations on both the top and bottom lines as its streaming business swung to a profit.
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On Thursday, GSK plc (NYSE:GSK) released headline results from a planned interim analysis of the DREAMM-7 head-to-head phase 3 trial of Blenrep (belantamab mafodotin) in combination with bortezomib plus dexamethasone (BorDex) as a second-line or later treatment for relapsed or refractory multiple myeloma. The trial met the key secondary endpoint of overall survival (OS), showing that belantamab mafodotin when combined with BorDex significantly reduced the risk of death versus standard of care da
Analysts revised the price target or estimates on Plug Power, Inc. (NASDAQ:PLUG) after the company reported weak third-quarter results and provided FY25 guidance. On Wednesday, Plug provided its financial outlook for 2025, projecting revenue between $850 million and $950 million (street view: $1.185 billion). Looking further ahead, the company aims for a target revenue of approximately $3.75 billion by 2030. Also this week, Plug Power reported third-quarter revenue of $173.73 million, which miss
Here are the stocks making the biggest market moves midday.
Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company (NASDAQ:CPB) to Overweight from Neutral, raising the price forecast from $47 to $56. The analyst upgraded Campbell Soup due to improved long-term growth prospects from its Rao’s brand and better sales trends in the U.S. (excluding SOVO brands). Despite better trends, the stock has had a 15% pullback since mid-September. The analyst sees this as a good buying opportunity. Lower steel costs (down 25%) and secured contracts for