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Goodbye Santa rally? U.S. stocks fell Friday as investor sentiment turned gloomy. The Dow Jones Industrial Average closed more than 300 points lower, while the Nasdaq Composite Index, which contains more technology-focused stocks, slid 1.5%. Stocks recovered some ground from sharper declines earlier in the day, however. “Initially the market was so focused on the … Read more

An airplane – Photo: Kevin Carter (Getty Images) Despite opening the year with a door plug blowout whose fallout reverberated throughout the industry, U.S. airlines had a pretty good year in the stock market. Bloomberg reports that the S&P Supercomposite Airlines index rose 57% this year, beating the S&P 500 by more than 30 percentage … Read more

Justin Sullivan / Staff / Getty Images Major U.S. indexes slumped at midday Friday as tech stocks lost ground. Shares of Super Micro Computer and Tesla led losses in the S&P 500. Lamb Weston shares gained following reports activist investor Jana Partners took another step in its effort to force changes at the frozen potato … Read more

(Bloomberg) — A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar year. Most Read from Bloomberg In another session of slim trading volume — which tends to amplify moves — the S&P 500 lost 1.1% and the Nasdaq 100 slipped 1.4%. While every major industry succumbed to … Read more

https://www.tipranks.com/news/company-announcements/elite-pharmaceuticals-launches-generic-vyvanse-for-adhd-market Elite Pharmaceuticals ( (ELTP) ) has issued an update. Elite Pharmaceuticals announced the launch of its generic version of Vyvanse® (Lisdexamfetamine Disylate) in various strengths, targeting the ADHD treatment market. The product, which is marketed under the Elite Laboratories, Inc. label, is expected to capture a portion of the $4.3 billion annual sales reported … Read more

https://www.tipranks.com/news/company-announcements/ingles-markets-faces-nasdaq-filing-delay-due-to-hurricane Ingles Markets ( (IMKTA) ) has issued an announcement. Ingles Markets announced that it received a notice from Nasdaq due to a delay in filing its Annual Report for the fiscal year ending September 28, 2024. The delay, attributed to the impact of Hurricane Helene, has not affected the immediate Nasdaq listing of its … Read more

Justin Sullivan / Getty Images The S&P 500 fell 1.1% on Friday, Dec. 27, 2024, as tech stocks lost ground heading into the final weekend of the year. Tesla stock dropped for a second straight day ahead of next week’s expected update on quarterly vehicle deliveries. Lamb Weston shares advanced following reports that an activist … Read more

https://www.tipranks.com/news/company-announcements/sealsq-corp-regains-nasdaq-compliance-strengthening-market-position SEALSQ Corp ( (LAES) ) has shared an announcement. SEALSQ Corp has regained compliance with Nasdaq’s minimum bid price requirement, securing its position on the stock market. This achievement reflects the company’s closing bid price of at least $1.00 for 10 consecutive business days, leading to the closure of the compliance matter by Nasdaq. … Read more

Firdous Nazir/NurPhoto via Getty Images Apple stock is set to rise in 2025 thanks to its AI strategy, according to Wedbush analyst Dan Ives. Ives raised Apple’s price target to $325, the highest on Wall Street. Apple’s AI features, like ChatGPT integration and a revamped Siri, are expected to boost consumer demand. Apple stock is … Read more