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Xerox Stock Soars on $1.5B Acquisition of Printer Maker Lexmark

Key Takeaways Xerox said it was purchasing privately held Lexmark International from its Chinese owners for $1.5 billion to meet…

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Rocket Pharmaceuticals Stock Soars as Jefferies Initiates Coverage at ‘Buy’

Key Takeaways Jefferies initiated a “buy” rating on Rocket Pharmaceuticals based on the biotech firm’s experimental gene therapies. Jefferies also…

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Jabil Stock Soars on Circuit Board Maker’s Q1 Results, Raised Outlook

Key Takeaways Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring. The company credits the…

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Broadcom Stock Soars as Earnings Show AI Strength

The S&P 500 finished flat on Friday, Dec. 13, 2024, as attention shifted toward next week’s Federal Reserve decision on…

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Broadcom Stock Soars as Analysts Grow More Bullish on Chipmaker’s AI Potential

Key Takeaways Broadcom shares surged Friday, a day after the chipmaker’s fiscal fourth-quarter results exceeded Wall Street’s expectations. Broadcom also…

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Broadcom Joins $1 Trillion Market Cap Club as Stock Soars on AI Demand

Key Takeaways Broadcom shares surged more than 20% in early trading Friday after the company reported strong results and said…

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Watch These Broadcom Price Levels as Stock Soars on Strong AI Sales Growth

Key Takeaways Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook…

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Google Parent Alphabet’s Stock Soars to All-Time High

Key Takeaways Shares of Google parent Alphabet surged to an all-time high Wednesday after the tech giant unveiled its latest…

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Broadcom Soars on Reports of Apple AI Chip Tie-Up

Key Takeaways The S&P 500 gained 0.8% on Wednesday, Dec. 11, 2024, as data showed inflation remaining sticky but matching…

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Lululemon Stock Soars on Bright Holiday Outlook

Key Takeaways The S&P 500 added 0.3% on Friday, Dec. 6, ending the week with a record close as November…

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