stock news

-- U.S. stock index futures moved little in evening deals on Sunday, with caution ahead of a Federal Reserve meeting dissuading big trades, while AI darling Nvidia Corp \'s annual developer conference also came into focus. Wall Street indexes were nursing a fall from record highs over the past two weeks, as a rally in...

SYDNEY (Reuters) - Uber (NYSE:UBER) has agreed to pay A$271.8 million ($178.3 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing company moved into the country, a law firm said on Monday. Maurice Blackburn Lawyers filed the class action in 2019 in the...

(Reuters) - Delta Air Lines (NYSE:DAL) said late on Wednesday it will resume flights to Israel starting June 7, becoming the second major U.S. carrier to do so following the Oct. 7 attack by Hamas militants on southern Israel. Delta said it will begin daily flights between New York-JFK and Tel Aviv on an Airbus...

-- Chinese new energy vehicle stocks sank on Thursday, tracking overnight declines in their U.S. peers, particularly Tesla Inc, following a report that U.S. electric vehicle maker Rivian was facing bankruptcy.  Shares of Xpeng (NYSE:XPEV) Inc (HK:9868) and NIO Inc (HK:9866) slid more than 4% each in Hong Kong trade, underperforming a 0.2% decline in...

On Wednesday, Citi adjusted its outlook for Starbucks Corporation (NASDAQ:SBUX), reducing the coffee giant\'s price target to $102 from the previous $103 on its shares, while maintaining a Neutral rating on the stock. The firm\'s analysis highlighted several factors that could potentially shift its stance to a more bullish view on Starbucks shares. The firm...

On Wednesday, Roth/MKM adjusted its outlook on Phunware, Inc. (NASDAQ:PHUN), a software company specializing in digital transformation. The firm reduced its price target on the stock to $20 from $25 but maintained a Buy rating. The adjustment comes as Phunware enters 2024 with significantly improved financial stability, boasting $17 million in cash reserves and a...

On Wednesday, Roth/MKM has increased the price target for Bowman Consulting Group Ltd. (NASDAQ: BWMN) to $49, up from the previous target of $45, while reiterating a Buy rating on the shares. The adjustment reflects a positive outlook on the company\'s future EBITDA. The firm\'s analysis suggests a robust funding environment, particularly benefiting Bowman\'s operations...

On Wednesday, BMO Capital adjusted its outlook on Casey\'s General Stores (NASDAQ:CASY), increasing the shares price target to $305 from the previous $290, while keeping a Market Perform rating. The firm highlighted Casey\'s General Stores\' potential for long-term growth, noting the company\'s market share gains in gallons and expanding competitive edge, especially in the prepared...

On Wednesday, Wolfe Research adjusted its price target for Archer Daniels Midland Company (NYSE:ADM), a major player in the agricultural processing and food ingredient sectors. The firm reduced the price target to $74.00 from the previous $82.00 while maintaining an Outperform rating on the company\'s shares. The reassessment came after observing that Archer Daniels Midland\'s...

On Wednesday, Stifel increased its price target for The Beauty Health Company (NASDAQ:SKIN) to $4.00, up from the previous $3.00 on the shares, while maintaining a Hold rating. The adjustment follows The Beauty Health Company\'s fourth-quarter earnings, which showed a revenue of $96.8 million, aligning with Stifel\'s projection of $95.2 million and surpassing the general...