Larry Ramer

Jefferies analyst Thomas Chong, who kept a Buy rating on JD.com, believes that the company was well-managed last quarter. Among the positive catalysts for the Chinese company in Q4 were its Double-11 discounts and trade-ins, the analyst stated.

Life360 (LIF) is jumping 7% after it was upgraded to Buy from Neutral by Swiss bank UBS today. The company's platform allows its customers to keep track of “people, pets and things.” LIF also sells ads that are shown on its app. Uber (UBER) has advertised on the app.

The shares of Applied Digital (APLD) advanced more than 7% this week after the firm disclosed that Australian bank Macquarie had agreed to invest as much as $5 billion in its high performance computing (HPC) data center business.

mRNA vaccine developer Moderna (MRNA) is climbing nearly 5% in early trading today after it was awarded about $590 million by the U.S.

Sweetgreen (SG) is sinking 6.6% today after Morgan Stanley analyst Brian Harbour significantly reduced his price target on SG stock. On the other hand, Citi upgraded the name to Buy earlier this month. Sweetgreen owns and operates restaurants that specialize in serving salads. Morgan Stanley’s Target Cut and the Reason for It Morgan Stanley’s Brian […]

Apple (AAPL) stock is sinking 4% after a research firm reported yesterday that sales of the company’s iPhones in China had plunged last quarter. Meanwhile, two banks have downgraded the iPhone maker’s shares recently. Apple May Be Facing Major Problems in China The number of iPhones handed over in China dove 18% in Q4 versus […]

Roku (ROKU) is climbing 7% in early trading after investment bank Benchmark identified it as a top pick and another investment bank, JMP Securities, initiated coverage of it with an Outperform rating. Why Benchmark Is Bullish on ROKU Benchmark believes that Roku can benefit meaningfully from establishing partnerships with other platforms and further monetizing its […]

Oklo (OKLO) stock is rallying for a second straight trading day, climbing 18% in afternoon trading today. On Friday, the company, which is developing small modular nuclear reactors (SMR), announced a new partnership with electricity provider Rpower. Under the memorandum of understanding signed between the two companies, RPower will provide electricity to data centers using its natural gas generators within about 24 months. At some point in the future, Oklo will meet the majority of the data centers' electricity needs with clean power from its SMR. At that time, RPower's generators will be relegated to backup and resilience roles.

Reddit (RDDT) stock is advancing 7% today after its COO was quoted as saying that its content is an integral part of the creation of large language models (LLM).

Multiple electrical equipment makers are advancing significantly today after it was reported that three major companies will invest up to $500 billion in AI infrastructure in the U.S. in the next four years.