Adobe, Intel, Virgin Galactic rise premarket; SoFi Technologies falls
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
- Twilio, Vylor set to join S&P 500 as index reshuffles members
Virgin Galactic (SPCE) adds to gains ahead of first commercial spaceflight
June 20, 2023 2:30 PM EDTVirgin Galactic Holdings (NYSE: SPCE) is adding to recent gains following news last week that the company's first commercial spaceflight, Galactic 01, is planned to fly between June 27 and June 30, 2023.
Shares are up 23% on Tuesday after gaining 17% on Friday following the late Thursday announcement.... More
AI is extending visibility for NVIDIA (NVDA) - Jefferies
June 20, 2023 9:58 AM EDTBuy-rated NVIDIA's (NASDAQ: NVDA) price target was lifted to $500 from $472 per share by Jefferies analyst Mark Lipacis in a note to clients Tuesday.
The firm hosted NVDA's CFO, Colette Kress, at the Nasdaq Conference. The analyst told investors that artificial intelligence (AI) is extending visibility for Nvidia and creating a software opportunity... More
UK regulator clears Amazon's (AMZN) $1.7bn iRobot acquisition
June 16, 2023 12:19 PM EDTOn Friday, the U.K. Competition and Markets Authority (CMA) announced that Amazon's (NASDAQ: AMZN) plan to acquire iRobot Corp for $1.7 billion has been approved.
In April, the regulator began an investigation into the takeover of Roomba maker. After their... More

