Larimar Therapeutics Inc (NASDAQ:LRMR) shares are jumping on Wednesday after multiple analysts reiterated their bullish outlook.Larimar Therapeutics stock is at critical resistance. What’s behind LRMR new highs?Citigroup's Samantha Semenkow kept her Buy rating and raised her price target from $12 to $14, and Wedbush's Laura Chico reaffirmed her Outperform rating with an $11 target.FDA Grants Breakthrough Designation To Larimar’s NomlabofuspLarimar Stock Soars Year-Over-YearOver the past year, Larimar has se ...

MercadoLibre Inc (NASDAQ:MELI) shares are trading lower on Wednesday after it reported fourth‑quarter earnings that fell short of expectations, even though revenue came in ahead of estimates. MercadoLibre stock is among today’s weakest performers. What’s pressuring MELI stock?The miss prompted analysts at BTIG, Wedbush and Barclays to trim their price targets, adding pressure to the stock.Earnings Miss Overshadows Strong RevenueThe company posted earnings of $11.03 per share, below the $11.59 analysts were ...

BofA Securities analyst Justin Post reiterated a Buy rating on Amazon.com Inc (NASDAQ:AMZN) and kept his $275 price target, arguing that Amazon Web Services‘ aggressive capacity expansion could drive upside despite near-term concerns around AI spending. • Amazon.com stock is holding steady today. Where are AMZN shares going?AWS Capacity Buildout Gains MomentumPost noted AWS doubled power capacity since 2022 and added 3.9 gigawatts in 2025 (including 1.2 gigawatts in the fourth quarter).The analyst said Amaz ...

Earnings SnapshotThe apparel company reported adjusted earnings per share of 48 cents, beating the analyst consensus estimate of 47 cents.Quarterly sales of $753.7 million, up 29.4% year-over-year, missed the Street view of $753.9 million.Adjusted income from operations declined to $50.9 million from $52.6 million a year ago quarter.The company ended the quarter with 399 company-operated brick-and-mortar retail stores, including 98 outlets, as well as seven e-commerce websites and 133 company-operated conce ...

Key TakeawaysDingdong's decision to sell its domestic operations to Meituan highlights the brutal reality of China's instant commerce price warsIndia's rejection of a Chinese private equity investment in an Italian firm signals a new era of global protectionism over advanced technologyImage Credit: Bamboo WorksIn this kind of business, it's all about scale. To grow market share, companies offer incentives and cut prices, prompting their rivals to jump in and do exactly the same. We've seen similar price war ...

Two ETF issuers are joining the trend of bringing politics to the trading floor.Bitwise and GraniteShares are seeking regulatory approval to launch ETFs linked directly to the outcomes of upcoming U.S. elections, marking another step in the expansion of prediction market-style investing. • DraftKings stock is showing upward movement. Why are DKNG shares climbing?Bitwise, through its PredictionShares lineup, has filed for six ETFs proposed for listing on NYSE Arca. According to its prospectus, the funds aim ...

Earnings SnapshotNet sales rose 10.9% to $20.584 billion from $18.553 billion and exceeded the $20.334 billion analyst estimate.During the quarter, the company recognized $149 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG), which impacted reported results.Excluding these expenses, adjusted diluted EPS increased 2.6% to $1.98 from $1.93 a year earlier and beat the $1.94 analyst estimate.The company has issued its fiscal 2026 ...

ImmunityBio Inc. (NASDAQ:IBRX) shares are down on Wednesday, cooling off from a huge up move as the company is reportedly experiencing significant revenue growth. This surge follows a strong performance driven by the sales of its lead drug, Anktiva, which has gained traction in the market.The stock has jumped over 50% over the last month, thanks to investor interest after preliminary earnings and several strategic partnerships.Anktiva Sales Surge: 750% Unit IncreaseImmunityBio reported a remarkable year-ove ...

Financial giants have made a conspicuous bullish move on Vistra. Our analysis of options history for Vistra (NYSE:VST) revealed 39 unusual trades.Delving into the details, we found 43% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $757,098, and 30 were calls, valued at $1,576,617.Expected Price MovementsAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band b ...

Joby Aviation (NYSE:JOBY) shares are up on Wednesday as the company is launching Uber Air powered by Joby. It is a significant step in their partnership with Uber Technologies, Inc. (NYSE:UBER) .This development comes as the broader market experienced positive momentum, with major indices like the S&P 500 and Nasdaq showing gains.Joby announced that it expects to carry its first passengers later this year in Dubai, marking a pivotal milestone in their collaboration with Uber.This partnership aims to integra ...