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NI Holdings appoints new Chief Executive Officer

November 23, 2024 1:28 pm
NI Holdings Inc (NASDAQ: NODK) said on Friday that it had appointed Seth C. Daggett as President and Chief Executive Officer, effective December 1st. Daggett is to succeed Cindy L. Launer, who had been in the role of Interim CEO during the Board of Directors’ search for a permanent CEO. Most recently, Seth Daggett served […] Read more

Leerink Partners upgrades AbbVie shares to “Outperform”

November 23, 2024 9:11 am
AbbVie Inc’s (NYSE: ABBV) shares have been upgraded to outperform from market perform by Leerink Partners, as the firm noted the recent sell-off in the stock had led to a buying opportunity for market players. “We believe investors can take advantage of the emraclidine setback and election-related downdraft to purchase shares in this high-quality company,” […] Read more

SBI Share Price Surges 4.52% to ₹816.05

November 23, 2024 8:47 am
The State Bank of India (SBI) share price has experienced a significant boost, rising 4.52% to ₹816.05 on November 22, 2024. This upward trend is in contrast to its peers, with HDFC Bank and Axis Bank experiencing declines, while ICICI Bank and Kotak Mahindra Bank are seeing gains. Technical Analysis From a technical standpoint, SBI […] Read more

FTSE 100 Sees Biggest Weekly Gain Since May Rising 2.5%

November 22, 2024 9:37 pm
The FTSE 100 index surged 1.4% on Friday, capping off a stellar week with a 2.5% gain – its strongest weekly performance since May 7. Meanwhile, the British pound plummeted 0.6% to a six-month low of $1.25105, as disappointing economic data revealed a contraction in UK business output in November and a sharper-than-expected decline in […] Read more

Innovid Corp. (NYSE:CTV) Stock Price Rises 85%

November 22, 2024 1:22 pm
In a significant move to shake up the ad tech landscape, Mediaocean has announced a deal to acquire converged TV advertising company Innovid for approximately $500 million ($3.15 per share). The acquisition, which is expected to close early next year, will see Innovid merge with Flashtalking, a company acquired by Mediaocean in 2021, to create […] Read more

Vistra Energy Stock Soars to All-Time High of $165.53

November 22, 2024 11:15 am
Vistra Corp. (NYSE:VST) has reached an all-time high, with its stock price surging 21% in the last 5 days to touch $165.53. This remarkable growth has propelled the company’s market capitalization to $56.69 billion, solidifying its position as a leading player in the energy sector. The company’s impressive performance can be attributed to its robust […] Read more

Avnet Inc announces $0.33 quarterly dividend

November 22, 2024 10:50 am
Avnet Inc (NASDAQ: AVT), a global technology distributor and solutions provider, said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.33 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 18th to shareholders of […] Read more

Games Workshop Stock Rises 15%

November 22, 2024 10:03 am
Games Workshop’s shares have soared by 15% after the company released a positive trading update. The FTSE 100 firm, known for its popular Warhammer miniature wargames, reported that its trading performance has surpassed expectations over the past two months. This strong showing has led to a significant increase in the company’s share price, with investors […] Read more

MicroStrategy Stock Falls 16%

November 22, 2024 9:16 am
MicroStrategy’s stock price plummeted 16% on Thursday after Citron Research, a prominent short seller, announced that it had taken a new bet against the company. Despite this decline, MicroStrategy’s stock has still gained over 50% since President-elect Donald Trump’s victory earlier in November, fueled by the company’s significant investments in bitcoin. MicroStrategy, a software company […] Read more

Snowflake Stock Soars 33% on Strong Q3 Earnings

November 22, 2024 4:58 am
Snowflake Inc. (SNOW) shares surged over 30% on Thursday after the company reported a solid third quarter and raised its guidance for the full year. The stock’s impressive rally has caught the attention of analysts, who see further upside potential. Goldman Sachs analyst Kash Rangan maintained a “buy” rating on Snowflake stock, citing its competitive […] Read more