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Grindr's Expanding LGBTQ+ Market and 20% Revenue Growth Impresses Goldman Sachs

Goldman Sachs analyst Eric Sheridan initiated coverage on Grindr Inc (NYSE:GRND) with a Buy rating and a price target of $20. Grindr is an online dating platform primarily focused on serving the LGBTQ+ community with 14.6 million monthly active users (as of the third quarter of 2024) globally. In this initiation, Sheridan framed his work around three key debates for Grindr stock, including the company’s addressable market, whether it achieves a 20%+ fiscal 2024-2029 revenue CAGR, and whether it

Microstrategy, Inc. acquired approximately 15,350 more bitcoins

Microstrategy, Inc. (NASDAQ:MSTR) ATM Update As previously disclosed, on October 30, 2024, MicroStrategy Incorporated (“MicroStrategy” or the “Company”) entered into a Sales...

Indonesia's Growing Nickel Production Disrupts Global Market

The stainless steel market experienced a challenging year in 2024, characterized by weak demand, oversupply, and falling nickel prices.

Why Is Playboy Owner PLBY Group Stock Rocketing Today?

PLBY Group, Inc. (NASDAQ:PLBY) shares rose following the announcement of an expanded partnership with Byborg Enterprises, which includes a commitment from Byborg to purchase an additional $25 million in equity. The collaboration includes finalizing a long-term, exclusive licensing agreement and signing a new securities purchase agreement with Byborg. As per the licensing deal, Byborg will license specific Playboy digital intellectual property and manage Playboy Plus, Playboy TV (both linear and

"Oversold" DraftKings Stock Could Rebound

DKNG just pulled back to its historically bullish 80-day moving average

Top Stock Movers Now: Broadcom, Micron Technology, Supermicro, Ford, and More

The Nasdaq climbed to a fresh high Monday as tech stocks gained ahead of an expected decision on interest rates from the Federal Reserve later this week.

Why Is Larimar Therapeutics Stock Trading Lower On Monday?

On Monday, Larimar Therapeutics, Inc. (NASDAQ:LRMR) released initial data from the ongoing long-term OLE study evaluating daily subcutaneous injections of 25 mg of nomlabofusp self-administered or administered by a caregiver in participants with Friedreich’s Ataxia. Friedreich’s Ataxia is caused by a mutation in the FXN gene, which carries the code for the frataxin protein. Frataxin is important for the normal function of mitochondria, the energy-producing parts of cells At the time of data cut

ICR Capital CEO J.D. Moriarty, Live at Nasdaq MarketSite

IPO Edge hosted a fireside chat on Dec. 10 at Nasdaq MarketSite with J.D. Moriarty, Chief Executive Officer of ICR Capital. The in-person interview was joined by Editor-in-Chief John Jannarone and they […]

Schizophrenia market expected to reach $17bn across 7MM by 2031

Bristol Myers Squibb’s Cobenfy is the first treatment in seven decades that does not modulate dopaminergic or serotonergic transmission.

Netflix Stock Receives Big Price Target Raise on Live Events

Oppenheimer boosted Netflix's price target, pointing to the benefits of the biggest streaming service's live events.

Analysts revamp Ciena stock price target after AI outlook

Here’s what could be next for the AI network provider.

This Baltimore parking lot attendant built a $500K stock portfolio — even though he never made more than $12/hour

He has a very simple superpower.

UK Homebuilder Stocks Flash Buy Signal After Year-End Slump

(Bloomberg) -- British homebuilder stocks are flashing a key buy metric for the first time in more than a year, indicating a possible end to a slump spurred by concern that elevated mortgage rates will hamper demand.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe Bloomberg UK Homebuilder Index is trading at a price-to-book ratio of less than 1, loosely meaning the equit

Dogecoin (DOGE) Breaks Key Support, But Bulls Aren’t Backing Down

Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar. DOGE bulls are …

ECB Broadly Comfortable With Market’s Rate-Cut Bets, Wunsch Says

(Bloomberg) -- Investor bets on how much lower the European Central Bank’s interest rates will have to fall are relatively consistent with policymakers’ own assessments, according to Governing Council member Pierre Wunsch.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAsked about wagers on four to five more quarter-point cuts from the current 3% level, the Belgian official

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