Palantir and Novavax rise premarket; PacWest, PayPal and Under Armour fall
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StreetInsider.com Top Tickers, 9/9/2026
- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
PayPal's (PYPL) selloff 'overblown,' Mizuho analyst reiterates buy rating
May 11, 2023 11:56 AM EDTThe PayPal (NASDAQ: PYPL) selloff is overblown, according to Mizuho analyst Dan Dolev, who reiterated a Buy rating and $92 price target on the stock in a note to clients Thursday.
PayPal shares fell over 12% Tuesday post-earnings and a further 3% on Wednesday, falling... More
Polestar (PSNY) slashes production guidance and announces job cuts
May 11, 2023 10:00 AM EDTSwedish electric automaker, Polestar Automotive (NASDAQ: PSNY) on Thursday lowered its 2023 production guidance and announced that the company would cut headcount by 10%, citing a delayed production start for its Polestar 3 and a challenging environment for the industry.
The electric vehicle company now expects to produce between 60,000 and 70,000 cars this year, versus... More
RBC Capital Comments on PacWest Bancorp (PACW) 10-Q
May 11, 2023 8:42 AM EDTRBC Capital analyst Jon Arfstrom reiterated an Outperform rating and $17.00 price target on PacWest Bancorp (NASDAQ: PACW).
The analyst comments "We remain in a difficult environment for the industry and news travels fast, but the recent disclosures align with the companys stated strategy of optimizing the asset... More
U.S. EV shares slump following news of Lucid (LCID) and Fisker (FSR) poor 1Q results and production cuts
May 9, 2023 1:44 PM EDTU.S. electric automakers saw a decline in share prices Tuesday morning following cuts to production forecasts by Lucid Group Inc (NASDAQ: LCID) and Fisker Inc (NYSE: FSR), with Lucid sliding 9% in early trading.
Fisker shares were last down 5.3% after the company reported quarterly results. The company reported 1Q EPS of ($0.38), $0.08 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $198 thousand versus the consensus estimate of $6.33 million. The EV maker also announced... More
Fisker (FSR) cuts production targets in the face of supply chain issues
May 9, 2023 9:11 AM EDTFisker Inc. (NYSE: FSR) announced Tuesday that the electric automaker has lowered its production target as the U.S. EV startup continues to struggle to ramp up output in the face of supply chain constraints, easing demand and a tight cash position.
The... More
