Latest Market News

Shares of SunPower Corp. SPWR, -5.22% dropped 5.7% in afternoon trading Tuesday, after BofA Securities turned bearish, citing concerns over relative valuation and pricing pressures. Analyst Julien Dumoulin-Smith cut his rating to underperform from neutral and lowered his stock price target to $18 — 11.1% below current levels — from $22. The stock has outperformed […]

Wedbush on Tuesday initiated overage of five non-alcoholic beverage companies including Keurig Dr Pepper  KDP, +1.91%, The Coca-Cola Company  KO, +0.28%, PepsiCo  PEP, +0.43%, Monster Beverage Corp  MNST, -1.37%,  and Celsius Holdings  CELH, -4.05%. Wedbush said Keurig Dr Pepper is its top pick, with an outperform rating and a price target of $43 a share. […]

Shares of Blue Apron Holdings Inc. APRN, -0.42% surged 11.0% in premarket trading Tuesday, after the company said its meal kits were not available for purchase through Amazon.com Inc. AMZN, -1.78% in the U.S., without a subscription. Blue Apron is offering its regular selection of meal kits, including its Ready to Cook, Family Recipes and […]

Shares of American Airlines Group Inc. AAL, +1.70% jumped 3.3% in premarket trading Tuesday, after the air carrier raised its third-quarter total and unit revenue growth outlooks. The company said it now expects total revenue to be up approximately 13% from the same period in pre-pandemic 2019, compared with previous guidance of a rise of […]

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. Source: Cointelegraph

Continued pressure on tech and tech-related shares killed an attempted bounce by the Nasdaq Composite a day after the index ended at its lowest in more than two years. The S&P 500 SPX, -0.71% also turned lower, on track for a fifth straight losing session in the final hour of trading Tuesday. The Dow Jones […]