stock price
Coverage of stock price in the Nexus archive.
- Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higher
Upstart, an AI lending company, has enhanced its risk assessment model for borrowers. The improvements contributed to increased loan growth and a rise in the company's stock price.
- PayPal raised its profit outlook but the stock sank on slowing margin growth
PayPal raised its full-year adjusted earnings guidance to $5.38 per share, reversing prior expectations of a decline. However, the stock price fell due to concerns over slowing margin growth.
- Netflix is the king of streaming. So why is its stock down this year?
Netflix is referred to as the king of streaming, but its stock price has fallen 21% year to date due to investor concerns about the company's future growth.
- AstraZeneca stock dives 9% after heart drug trial misses target
AstraZeneca's stock fell 9% following a heart drug trial that failed to meet its target. The decline reflects investor disappointment over the unmet clinical trial objective.
- Microsoft stock suffers worst month since 2000
Microsoft's stock price fell by 19% last month, marking its worst monthly performance since 2000. The company lost over $800 billion in market value during the fiscal year.
- Supermicro Taiwan offices raided in chip smuggling probe
Supermicro's offices in Taiwan were raided as part of a chip smuggling investigation. The company's shares fell about 8% following the news of the investigation.
- Micron posts blowout earnings
Micron reported third-quarter revenue exceeding expectations by over 15% driven by AI infrastructure demand. The company signed a supply deal with Anthropic and anticipates memory chip demand will outpace supply through 2027. Its stock price rose in after-hours trading despite recent losses in a broader tech market decline.
- A ‘rudderless’ Lululemon needs to ditch logos and get back to basics, analysts say
Analysts suggest Lululemon should abandon logos and return to basics as its stock declines. One analyst specifically recommended normalizing the color palette.
- Why Virgin Galactic’s stock is having its worst day ever, after a record-smashing 7-day run
Virgin Galactic's stock experienced its worst day ever following a 7-day record-smashing run. The company announced a move to pay off debt, but investors are dissatisfied with the decision to issue new shares to achieve this.
- As Micron’s stock blows past $1,000, Wall Street sees more gains in store
Micron's stock has surpassed $1,000, with Wall Street analysts predicting further gains. Analysts attribute the potential growth to a favorable pricing environment, low competition, and the introduction of a new Nvidia chip.
- Kohl's stock spikes more than 15% as slumping retailer says sales trends are improving
Kohl's stock rose over 15% as the retailer reported its strongest comparable sales growth in four years, despite an overall revenue decline. The company attributed the sales improvement to better performance in its stores.
- Angry Ferrari fans say the Italian company's new EV is too Californian
Ferrari's shares fell after unveiling its first electric car, with critics accusing the design of resembling an Apple product and being too 'Californian.' Angry fans expressed dissatisfaction over the departure from traditional Ferrari aesthetics.
- Micron’s stock soars as UBS slaps on an out-of-sight price target
Micron's stock is rising due to UBS setting a high price target, driven by strong memory chip demand and enhanced long-term agreements that are expected to boost earnings.
- Ferrari shares fall after launch of first EV as Jony Ive design proves divisive
Ferrari's share price dropped after the launch of its first electric vehicle, the Luce, designed by former Apple chief Jony Ive. The minimalist design, starting at $640,000, has sparked debate over whether it aligns with the brand's heritage.
- Nvidia Breakout Sends Chip Giant to First Record Since October
Nvidia's stock reached a record high for the first time since October, driven by a breakout in performance.
- Inside Microsoft’s wave of executive departures
Microsoft is experiencing a notable wave of executive departures this year, leading to organizational shakeups and the replacement of veteran employees. The trend is linked to challenges in retaining talent amid high competition and a declining stock price, which has dropped over 30% in six months, causing investor concerns.