On Tuesday, Cathie Wood-led Ark Invest executed significant trades, including buying shares of Advanced Micro Devices Inc. (NASDAQ:AMD) and Bullish Inc. (NYSE:BLSH), while selling shares o
The future of Peraso Inc. (NASDAQ: PRSO), a leading innovator in mmWave wireless technology, is drawing heightened market attention this week as the company secures new orders, strengthens its balance sheet, and faces an unsolicited hostile takeover attempt from Mobix Labs, Inc. (NASDAQ: MOBX).
Markets closed Friday in mixed fashion as economic uncertainty and politics clashed with earnings optimism. Oracle's rollercoaster continues, RFK Jr. rattles vaccine makers, and the Fed appears poised to begin its rate-cut cycle next week. All this while tech, AI, and takeover buzz kept parts of the market energized.
Markets had another strong week as inflaton data set the stage for the Federal Reserve’s meeting next week; a rate cut is expected but may already be priced in
Shares of Adobe Inc rose after reporting upbeat Q3 results. Piper Sandler reiterated an Overweight rating while lowering price target, RBC maintained Outperform rating and target, Stifel reaffirmed Buy rating and target, DA Davidson reiterated Buy rating and target, and JMP Securities maintained Market Outperform rating. Adobe's AI-first ARR exceeded expectations and revenue was driven by strong growth in digital media.
Cathie Wood-led Ark Invest sold shares of Tempus AI, bought Bullish, Amazon, and Figma. The moves align with recent achievements and advancements of the companies.
Adobe challenger Figma has cooled down after an incredibly hot start as a public company. Should investors take advantage of this high-growth stock's 55% fall?
The "Motley Fool Money" crew discusses another disappointing jobs report, the week in artificial intelligence, and a vibe check on some of the most talked about names on the market.
