Crocs (NASDAQ: CROX) shares gained around 3% on Wednesday after Loop Capital upgraded the stock to a “Buy” from “Hold,” citing an attractive valuation and growth prospects for its Hey Dude brand. The firm set a price target implying nearly 12% upside potential for the stock.Loop Capital analyst Laura Champine…
In a significant procedural victory, Apple has successfully shielded its commercially sensitive information from its opponents in an ongoing antitrust case in India. The tech giant has blocked Tinder-owner Match Group and a coalition of startups from accessing confidential data that formed part of the Competition Commission of India’s (CCI)…
Azzas, one of the largest fashion groups in Brazil and Latin America, reported a net profit of R$168.9 million (approximately $28 million) for the fourth quarter of 2024, marking a 35.8% decline from the previous year.According to a report from local media outlet E Investidor, Azzas’ stock price dropped 7.38%…
Canada’s federal government will impose 25% tariffs on C$29.8 billion (around $20 billion) worth of US goods in response to steel and aluminum tariffs announced today by President Donald Trump’s administration.The US has applied 25% tariffs on steel and aluminum imports from all countries, including Canada, as part of Trump’s…
Steel and aluminum, the unsung heroes of modern life, are ubiquitous in American society. From the stainless steel refrigerator in your kitchen to the aluminum cans in your pantry, these metals form the backbone of countless products and industries. They are essential components in everything from cars and airplanes to…
US stocks have fallen out of favour in recent sessions amidst fears the economy is headed for a recession in the back half of 2025.Investors are concerned that Trump tariffs and the consequent pressure on spending could trigger an economic downturn in the coming months.Still, there are a bunch of…
IonQ Inc (NYSE: IONQ) rallied about 17% on Wednesday after a Japanese investment firm said it has built a sizable stake in the quantum computing company.Rakuten Securities has bought 90,000 shares of IONQ for some $3.7 million, which represents about 1.5% of its portfolio and makes the quantum stock its…
Intel Corp (NASDAQ: INTC) rallied nearly 15% in after-hours trading on Wednesday after naming Lip-Bu Tan its new chief executive.Tan has formerly served in a similar capacity at Cadence Design Systems Inc (NASDAQ: CDNS) – a multinational company based out of San Jose, California, that makes software for chip designers,…
PayPal stock price has suffered a big reversal this year as concerns about its growth trajectory returned. After rising to $93.67 in December, the PYPL share price has collapsed by over 27% to trade at $67.9. It is hovering at the lowest swing since September last year, a situation that…
The T-Mobile (TMUS) stock price continues to soar this year. It has jumped by 18% this year, while other telecommunication companies like Verizon (VZ) and AT&T (T) have jumped by 15.3% and 10%, respectively.This performance is a continuation of what happened in the last five years. T-Mobile share price jumped…