
Articles
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2 days ago |
barrons.com | Joe Woelfel |Mackenzie Tatananni
Stock futures were rising sharply Monday after the U.S. and China said Monday they reached an agreement to temporarily slash most tariffs on each other’s goods following weekend talks in Geneva.
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5 days ago |
barrons.com | Sabrina Escobar |Mackenzie Tatananni
Shopify stock fell Thursday after the e-commerce platform posted a wider quarterly loss than a year ago and saw a slight slowdown in merchant volume growth.
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5 days ago |
barrons.com | Mackenzie Tatananni
Lyft faces fierce competitive pressure from far-larger Uber Technologies, but one analyst believes Wall Street’s worry has created a buying opportunity. On the heels of Lyft’s strong first-quarter earnings, Goldman Sachs analysts led by Eric Sheridan upgraded shares of the ride-hailing company to Buy from Neutral with a $20 price target. Shares surged 21% to $15.76 on Friday, putting the stock on pace for its largest same-day percentage increase since Nov.
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5 days ago |
barrons.com | Mackenzie Tatananni
Affirm Holdings stock slid in premarket trading Friday after the buy now, pay later company issued weak fiscal fourth-quarter guidance. However, one analyst believes Affirm’s “various lanes of growth” will boost the share price even higher.
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5 days ago |
barrons.com | Mackenzie Tatananni
IonQ reported better-than-expected financial results—a welcome development as profit-reporting season gears up for quantum-computing companies, though questions remain about the long-term prospects of the technology. D-Wave Quantum is scheduled to report its results on Thursday, and Rigetti Computing will disclose its numbers next week. IonQ posted first-quarter revenue of $7.6 million, flat from the previous year and above the $7.5 million analysts had anticipated, according to FactSet.
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