QuantumScape (NYSE:QS) has become one of the most intriguing names in the race to revolutionize the battery industry, particularly in the context of electric vehicles (EVs). Its promise centers on a single, game-changing goal: developing commercially viable solid-state batteries that can outperform today’s lithium-ion technology. But who is
FICO stock drops after Fannie Mae and Freddie Mac accept VantageScore 4.0, but analyst maintains Buy rating citing potential earnings growth and minimal market share losses in mortgage.
The market is expecting interest rate cuts later this year and is pricing for such. However, the inflation data is showing that it will be very difficult for the Fed to justify such cuts unless a massive recession sets in.
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected earnings and revenue for the quarter.
You do not need to obsess over perfect timing to benefit from gold and silver. But when history, seasonality, and market forecasts all point to early July as a sweet spot, and gold itself just got a regulatory promotion, why not take advantage?
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.1% in the afternoon session after momentum improved in the crypto space with strong uptrend in Bitcoin and Ethereum.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 4.7% in the morning session after a competitor's technical breakthrough lifted sentiment across the quantum computing sector.
Shares of building services and installation company TopBuild (NYSE:BLD)
jumped 4.9% in the pre-market session after the company announced it has successfully completed its acquisition of Progressive Roofing, a commercial roofing company, in an all-cash deal valued at $810 million.
Shares of aerospace and defense company Mercury Systems (NASDAQ:MRCY)
jumped 3.6% in the afternoon session after the company announced it signed two agreements with a major European defense prime contractor to expand and accelerate the production of critical technology for radar and electronic warfare missions.
Shares of building materials manufacturer UFP Industries (NASDAQ:UFPI)
jumped 3.6% in the morning session after its UFP Packaging division unveiled the U-Loc 200, a new and innovative crate system that can be assembled and disassembled without tools.
Shares of private label food company TreeHouse Foods (NYSE:THS)
jumped 3.1% in the morning session after the stock rebounded from a 52-week low set in the previous session.
Shares of data backup provider Commvault (NASDAQ:CVLT)
jumped 3.2% in the morning session after Guggenheim upgraded the firm's stock to "Buy" from "Neutral". The investment firm also set a price target of $210, the highest on Wall Street, suggesting a significant potential upside from its previous closing price. Guggenheim analyst Howard Ma cited positive channel checks and strong underlying demand for data protection as key reasons for the bullish turn. The analyst noted that Commvault's software-as-a-service (SaaS) offering is gaining traction and is a preferred choice for complex, hybrid enterprise IT environments. Guggenheim anticipates that Commvault will outperform on key financial metrics at the start of its fiscal year 2026, forecasting both revenue growth and free cash flow margins to exceed 20%. This positive sentiment was echoed by the majority of analysts covering the stock, with a consensus "Moderate Buy" rating.
Shares of global advertising giant Omnicom Group (NYSE:OMC) jumped 4% in the afternoon session after the company reported second-quarter earnings and revenue that surpassed analyst expectations.
Shares of gaming metaverse operator Roblox (NYSE:RBLX)
jumped 5.9% in the afternoon session after an analyst upgrade from JPMorgan, which raised its price target on the stock.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
fell 4.2% in the afternoon session after the stock continued its downtrend as investors weighed concerns over slowing user growth and the sustainability of its marketing-driven expansion. The language-learning app's stock has been under pressure with no specific company news released today. The negative sentiment appears to be a carryover from recent analyst commentary and bearish articles. Earlier in the month, on July 8, Morgan Stanley lowered its price target on the stock, citing a slowdown in U.S. daily active user growth following the company's "AI-First" initiative.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 4.3% in the afternoon session after an analyst at Piper Sandler significantly raised their price target on the stock. The investment firm boosted its price target on the online brokerage to $110 from $70, while maintaining an "overweight" rating on the shares. This move signals strong confidence from the analyst in the company's future performance.
Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
