Midday movers: AMD, Carvana rise; MasterCard, Intuit fall
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StreetInsider.com Top Tickers, 9/12/2026
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
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Profitable growth ahead for Carvana (CVNA) - Needham & Company
July 10, 2024 1:27 PM EDTCarvana (NYSE: CVNA) was lifted to Buy from Hold at Needham & Company with a price target of $160 per share. The firm sees profitable growth ahead for the company.
"We think CVNA can grow unit sales and industry share by leveraging its digital-first customer experience and... More
AMD stock jumps on Silo AI purchase
July 10, 2024 11:58 AM EDTAMD (NASDAQ: AMD) shares jumped more than 3% Wednesday after the company announced it has agreed to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million.
The acquisition marks a step in AMDs strategy to deliver comprehensive AI solutions based on... More
LegalZoom stock plunges after cutting FY revenue guidance, announcing new CEO
July 10, 2024 11:04 AM EDTLegalZoom (NASDAQ: LZ) shares plunged more than 28% Wednesday after the company announced a new CEO and reduced its revenue expectation for the full year.
The company announced that its current Chairman of the Board of Directors, Jeffrey Stibel, has been named its next CEO, effective immediately, while it has also appointed John Murphy as the Lead Independent Director of the Board.
Current CEO Dan Wernikoff will leave the... More
