Why 3D Systems (DDD) Stock Is Up Today
Shares of 3D printing company 3D Systems (NYSE:DDD) jumped 23% in the morning session after the company announced a deal with Daimler Trucks and Buses to improve the production of spare parts using additive manufacturing. Through this partnership, Daimler will use 3D Systems' expertise in additive manufacturing to produce hard-to-find components like fuse box covers. These parts often face sourcing delays during vehicle production, causing bottlenecks in the supply chain.
Read MoreCovenant Logistics (CVLG) Stock Trades Down, Here Is Why
Shares of freight and logistics provider Covenant Logistics (NASDAQ:CVLG) fell 7.6% in the morning session after the company reported weak fourth quarter results. Its revenue missed significantly, and its Freight revenue fell short of Wall Street's estimates. The company's CEO called out a "challenging general freight environment" and added that in the Dedicated segment, "profitability fell short of our expectations due to greater-than-anticipated temporary customer shutdowns and volume reductio
Read MoreTop Stock Movers Now: American Express, CF Industries, Verizon, and More
U.S. equities were little changed at midday after a strong week that saw the S&P 500 set a record high.
Read MoreAllurion Stock Triples on Plan to Test Gastric Balloon With Obesity Drugs
Allurion Technologies shares soared 200% Friday as it planned to test its gastric balloon with the key ingredient in popular weight-loss drugs to see if the combination improves patients' muscle mass.
Read MoreStock prices look expensive and inflated: Billionaire investor Ray Dalio
Bridgewater Associates founder Ray Dalio strikes a cautious tone on today's stock valuations, especially for the Mag 7.
Read MoreWall Street Enters Darker Age With Most Stock Trading Hidden
(Bloomberg) -- Here’s a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it isn’t public anymore.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30For the first time o
Read MoreS&P 500, Nasdaq flat as investors assess economic data; Boeing slips
The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data to gauge the health of the economy, while Boeing dipped after issuing a quarterly profit warning. A S&P Global survey showed that business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported higher hiring, supporting the Federal Reserve's cautious approach to monetary policy this year. At 10:16 a.m. ET, the Dow Jones Industrial Average fell 101.48 points, or 0.24%, to 44,459.53, the S&P 500 lost 3.62 points, or 0.06%, to 6,115.09 and the Nasdaq Composite lost 17.56 points, or 0.09%, to 20,034.29.
Read MoreA disconnect: EBITDA at Triumph Payments is all-time high, but Triumph Financial’s stock plummets on earnings
Trucking-focused bank Triumph Financial had a solid EBITDA performance at its Payments unit, but a lower bottom line. The post A disconnect: EBITDA at Triumph Payments is all-time high, but Triumph Financial’s stock plummets on earnings appeared first on FreightWaves.
Read MoreSimplifying Crypto Payments: Introducing Bybit Pay
Dubai, United Arab Emirates, January 24th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch Bybit Pay, an...
Read MoreNetflix upgraded, downgraded: Wall Street's top analyst calls
Netflix upgraded, downgraded: Wall Street's top analyst calls
Read MoreThe stock market gauge named after Warren Buffett just hit an all-time high, sending a warning worse than before the dot-com bubble burst
The metric, which compares the market cap of publicly traded companies to GDP, is higher than ever.
Read MoreBurberry Stock Soars After Q3 Sales Fall Less Than Estimated
Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.
Read MoreFlipster Launches Superstars Program Amid Rapid User Growth Globally
Panama City, Panama, January 24th, 2025, Chainwire In a move to foster deeper connections with crypto communities and empower individuals passionate about the digital economy,...
Read MoreBOJ’s Clear Guidance on Rate Hike Calms Markets But May Backfire
(Bloomberg) -- Bank of Japan Governor Kazuo Ueda raised interest rates to the highest level since 2008, avoiding market turmoil by carefully signaling his plans to investors. But that strategy carries its own risks.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station W
Read MoreVanguard’s S&P 500 Fund Is About to Become World’s Largest ETF
(Bloomberg) -- A seemingly unstoppable flood of money has Vanguard Group Inc. on the brink of claiming a crown that State Street Corp. has held for decades. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30Nearly $18 billion
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