Wall Street dips as yields climb; crypto stocks tumble
The Economic Times· 2025-12-02 02:02
"The market actually is still obviously earnings-driven, we went through earnings season, but now it's the Fed," said Joe Saluzzi, partner, co-founder and head of Equity Market Structure Research and co-head of Equity Trading at Themis Trading in Chatham, New Jersey. "I see no reason why the uptrend doesn't continue, at least, not as quickly, but maybe more of a grind up to the end of the year." The Dow Jones Industrial Average fell 295.65 points, or 0.62%, to 47,420.77, the S&P 500 lost 23.22 points, or 0 ...
GitLab Inc. (NASDAQ:GTLB) Faces Analysts' Conservative Outlook Despite Growth Potential
Financial Modeling Prep· 2025-12-02 02:00
Core Insights - GitLab Inc. is a significant player in the software industry, recognized for its DevOps platform that enhances the software development lifecycle [1] - The consensus price target for GitLab's stock has declined over the past year, indicating a more conservative outlook from analysts, with the latest target at $44 compared to $58.38 a year ago [2][5] - Analyst Joel Fishbein from Truist Financial has set a higher price target of $95, reflecting confidence in GitLab's growth potential [2][5] Financial Performance Expectations - GitLab is expected to report strong revenue growth in Q3, driven by increasing enterprise adoption and the momentum of AI-native DevSecOps [3] - The company's strategic focus on security and reliability, along with a new hybrid pricing model, is anticipated to lead to significant margin expansion and revenue growth [3][5] Market Position and Valuation - Despite concerns regarding AI disruption, GitLab is viewed as undervalued, with operational leverage from AI tools enhancing its outlook [4] - The growth of customer cohorts is accelerating, supporting a positive risk/reward profile for GitLab [4]
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Sees Upward Trend in Analyst Price Targets Amid AI-Driven Security Market Growth
Financial Modeling Prep· 2025-12-02 02:00
Core Viewpoint - CrowdStrike Holdings, Inc. is positioned as a leader in the cybersecurity industry, particularly in the AI-driven security market, with a strong focus on innovative cloud-delivered security solutions [1][5] Price Target Trends - The consensus price target for CrowdStrike has been increasing, with the average target rising from $494.12 a year ago to $594.29 last month, indicating a strong bullish outlook from analysts [2][4] - Analysts from Wedbush have set a price target of $600, reflecting positive sentiment and expectations for the stock's performance [2] - Three months ago, the average price target was $552.07, showing significant growth in analyst confidence regarding CrowdStrike's performance [3] Analyst Sentiment - KeyBanc and JPMorgan have also raised their price targets, citing anticipated long-term growth for CrowdStrike [3][5] - The increase in price targets is attributed to the company's robust fundamentals and increasing free cash flow margin, despite its premium valuation [4]
Better $3 Trillion AI Stock to Buy Now: Microsoft or Alphabet
The Motley Fool· 2025-12-02 02:00
Alphabet's stock has surged in recent weeks.Both Microsoft (MSFT 1.13%) and Alphabet (GOOG 1.56%) (GOOGL 1.77%) have a market cap of at least $3 trillion. But thanks to a recent surge, Alphabet is nearly a $4 trillion company. Still, these two are fairly close in size and may have investors wondering which stock is the better buy right now.I think both have their merits, but one stands out as the better pick. Alphabet and Microsoft have two different base business modelsAlphabet is the parent company of Goo ...
Bitcoin Retracement Brings Back Volatility
WSJ· 2025-12-02 01:59
Bitcoin's retracement after stabilizing late last week has reintroduced fragility and volatility, said trading firm Zerocap. ...
Linkage Global Inc. Signs Non-Binding Letter of Intent to Acquire On‑Chain Asset Management Solutions Provider Cicada Tech Limited
Globenewswire· 2025-12-02 01:59
TOKYO, Japan, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Linkage Global Inc (NASDAQ: LGCB) ("Linkage Global" or the "Company"), a cross-border e-commerce integrated services provider headquartered in Japan, today announced that it has entered into a non‑binding Letter of Intent (the “LOI”) with Cicada Tech Limited (“Cicada Tech”), a company mainly engaged in tokenizing real world assets into liquid on-chain yield instruments, to engage in diligence and negotiations regarding the terms of a potential transaction wher ...
Monument Reports First Quarter Fiscal 2026 Results
Globenewswire· 2025-12-02 01:58
Gross Revenue of US$32.4 Million and Cash Cost of US$888/OzVANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its financial results for the three months ended September 30, 2025 (“Q1 FY 2026”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results). President and CEO Cathy Zhai commented, “In Q1 FY2026, gold production continued its stead ...
Oil rises on geopolitical risks to supply
Reuters· 2025-12-02 01:58
Oil prices climbed in early trade on Tuesday for a second consecutive session as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites and mounting U.S.-Vene... ...
Why Quantum Computing Inc. Stock Fell 30% in November
The Motley Fool· 2025-12-02 01:54
Investor sentiment seems to be turning away from quantum computing stocks.Quantum Computing Inc. (QUBT 6.41%) stock was among the losers as the development-stage company fell alongside a broader retreat in tech stocks.Given that the company isn't yet generating material revenue, it shouldn't be surprising that QCi, as the company is also known, is sensitive to concerns about a bubble in AI stocks.Nonetheless, Quantum Computing Inc. delivered better-than-expected results in its third-quarter earnings report, ...
Cathie Wood Doubles Down On Bitcoin ETF Amid Crypto Chaos, Drops $3.9M On This Amazon Rival - ARK 21Shares Bitcoin ETF (BATS:ARKB)
Benzinga· 2025-12-02 01:53
On Monday, Cathie Wood‘s Ark Invest executed significant trades, including notable purchases of ARK 21Shares Bitcoin ETF (BATS:ARKB) , Robinhood Markets Inc. (NASDAQ:HOOD) , and Shopify Inc. (NASDAQ:SHOP) . These trades come amid a volatile market backdrop, particularly influenced by recent cryptocurrency fluctuations.The ARK 21Shares Bitcoin TradeARK Blockchain & Fintech Innovation ETF (BATS:ARKF) and ARK Next Generation Internet ETF (BATS:ARKW) acquired a combined total of 71,500 shares of ARK 21Shares B ...