More key US inflation data, Foxconn's optimism, TikTok ban - what's moving markets

Fisker (FSR) stock tumbles further after pausing production

Fisker (NYSE: FSR) stock is down again Monday, falling a further 12% after the company said it would pause production for six weeks starting the week of March 18.

The electric vehicle company also announced a new financing commitment from an existing investor, providing up to $150 million of gross proceeds.

The company said the financing is being provided by the holder of its 2025-dated convertible notes and will be organized in four... More

Could Boeing (BA) stock extend drop after Congressman share sale

The recent decline in Boeing (NYSE: BA) stock has been a cause for concern among investors and industry experts alike, prompting closer scrutiny of the various factors weighing on the stock. Against this backdrop, the sale of shares by a congressman has emerged as a focal point, raising questions about the timing of the sale. It also prompts the question of whether Boeing's stock decline will extend further.

Boeing woes

Boeing's shares have declined due to a series of manufacturing mishaps and safety concerns, which have raised questions about the company's... More

Apple (AAPL) acquires Canadian AI startup - Bloomberg

According to a report by Bloomberg on Thursday, Canadian artificial intelligence startup DarwinAI has been acquired by Apple (NASDAQ: AAPL).

The tech giant is said to have purchased the company as part of its race to add technology to its arsenal ahead... More

Robinhood Markets (HOOD) PT Raised to $20 at Mizuho, 'Strong February Trends Solidify Our Bullish Stance'

Mizuho analyst Dan Dolev raised the price target on Robinhood Markets (NASDAQ: HOOD) to $20.00 (from $17.00) while maintaining a Buy rating.

The analyst comments "HOOD reported February metrics last night which shined across the board. The stock is reacting positively today. AUC accelerated to... More

Buy Robinhood (HOOD) stock to play 'a monster of a crypto cycle' - Bernstein

The crypto market rally is continuing, and analysts at financial research firm Bernstein believe Robinhood (NASDAQ: HOOD) is a stock to consider to play "a monster of a crypto cycle over 2024-25."

Robinhood's stock jumped Thursday after reporting its February operating date, which saw funded customers at the end of the month rise approximately 130 thousand from January 2024.

Meanwhile, assets under custody (AUC) at the end of February were $118.7 billion, up 16% from January 2024. Net deposits were $3.6 billion in February, translating to a 42% annualized growth... More