The rumored matchup between Boston Scientific $BSX and Shockwave Medical $SWAV reportedly broke down on Monday, leading Shockwave stock into a dive as the company was getting ready to report earnings. https://t.co/yFB1MsA3WW
Netflix $NFLX is the IBD Stock Of The Day as it approaches a buy point after the internet television network's first-quarter earnings report. Shares broke a short downtrend on Monday. https://t.co/kyXskqPvK2
Verizon Communications $VZ early Tuesday reported first-quarter adjusted earnings that edged by views while revenue fell short of estimates. Shares fell. https://t.co/2HmSfGJYvJ
Streaming music leader Spotify Technology $SPOT smashes expectations for new subscribers and total listeners in the first quarter. Shares surge. https://t.co/GeC8atYTL3
A federal judge's decision in Texas to outlaw a decades-old abortion drug undermines the foundation of all biotech stocks, warns a group of nearly 600 health care executives and experts. https://t.co/tmVbr6DACa
E-commerce firm PayPal $PYPL should hire Pinterest $PINS Chief Executive Bill Ready as its next CEO as PayPal stock struggles to recover from a rough 2022, said a Bank of America analyst on Friday. https://t.co/Pm4lQCz7qr
Xponential Fitness $XPOF, a franchiser of boutique gym outlets, managed to weather the Covid-19 pandemic and is now set to see profits surge over the coming years. Shares have skyrocketed since their initial public offering less than two years ago. https://t.co/cEiHBtBm7T
The U.S.-China trade war being fought over technology has been surprisingly one-sided. But that's changing. Beijing is driving home the message that nations lining up behind the U.S. trade war will pay a steep price. https://t.co/dI44brCE0E
Investors in semiconductor stocks should brace themselves heading into first-quarter earnings that kick off with Intel's $INTC report, says a Deutsche Bank analyst. Further, chipmakers continue to grapple with high inventories that could delay a rebound. https://t.co/7x43vwSbO4
Novo Nordisk $NVO popped Wednesday after the Danish drugmaker inked a $725 million deal that bolsters its efforts in diabetes and obesity treatment. https://t.co/66MGYolp0p
Medical aesthetics company InMode $INMD preannounces better-than-expected first-quarter sales and profits, pushing INMD stock closer to a breakout. But there's a slight caveat. https://t.co/01RbRBT1MQ
Apple $AAPL will likely abandon a highly anticipated feature in its iPhone 15 Pro models, according to a report Wednesday that hammered supplier Cirrus Logic $CRUS. Cirrus stock hit a three-month low. https://t.co/InugWCchhK
Shopify $SHOP is the IBD Stock of the Day as the e-commerce firm popped above its 50-day moving average Wednesday following an analyst upgrade. Shopify remains a controversial stock amid stiff competition. https://t.co/pkWYs4f1JF
InTest $INTT, a maker of electronics testing and manufacturing process gear, has gotten a sales boost lately from growth segments in the automotive and semiconductor markets. And that has pushed INTT stock near the top of the IBD Tech Leaders list. https://t.co/W7h9KHoK3O
Lumentum Holdings $LITE, a maker of fiber-optic components, pre-announced weak March-quarter results tied to an order cancellation that analysts believe involved Ciena $CIEN. https://t.co/6MliAB8OlL