$NVDA NEWS Nvidia stock hits another record as Wall Street stays bullish Euronext - Delayed Quote • EUR (HO9QB.NX) Follow Compare 0.2250 +0.0750 (+50.00%) At close: 6:30 PM GMT+2 Related News Construction Partners acquires Lone Star Paving in $950M deal Construction Partners (ROAD) shares surge by over 13% on Monday after agreeing to acquire Lone Star Paving in a deal valued at $950 million — $654 million in cash and 3 million shares. Market Domination hosts Josh Lipton and Jared Blikre examine Construction Partners' preliminary results for fiscal year 2024 as it hopes to expand further into Texas via the Lone Star acquisition. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. DataCrunch wants to be Europe's first AI cloud hyperscaler — powered by renewable energy A fledgling startup is setting out to become one of Europe's first "AI compute" hyperscalers, with renewable energy playing a pivotal part in its pitch to prospective customers. The AI gold rush has spurred unprecedented demand for "compute," which refers to the processing power, infrastructure, and resources needed for tasks such as running algorithms, executing machine learning models, and processing data. One of the big beneficiaries of this demand has been Nvidia, emerging as a $3 trillion p Barclays downgrades UPS, cites competition from FedEx, Amazon Barclays has downgraded UPS (UPS) to Underweight from Equal Weight citing a lackluster freight environment that could weigh on earnings. The analyst also warned of long-term competitive pressures from Amazon (AMZN) and FedEx (FDX). Catalysts Hosts Seana Smith and Madison Mills report more on the call and break down how the macro picture could further impact UPS's performance. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Melanie Riehl Spirit Airlines, Eli Lilly, Humana-Cigna: 3 Stories In Focus Spirit Airlines (SAVE) extends its debt refinancing deadline with the US Bank National Association, sending the stock soaring by over 40% on Monday. Eli Lilly (LLY) is suing medical spas and online vendors who claim their products contain the main ingredients of GLP-1 weight-loss drug Zepbound, according to Reuters. Lastly, Bloomberg reports that health insurers Cigna (CI) and Humana (HUM) have resumed informal talks around a potential merger. Madison Mills and Seana Smith report more on the latest developments for these top stocks. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Why Nvidia is a generational investment: Opening Bid Nvidia’s (NVDA) stock is once again experiencing a monster run, being up about 13% in October alone. The advance has taken the year-to-date appreciation for the market darling to an astounding 180%. Underneath the surface, excitement continues to build on Wall Street about Nvidia’s new AI chip dubbed Blackwell. Sector analysts are chattering about a big positive fourth quarter surprise amid the initial rush of Blackwell demand. The chorus is growing that the fourth quarter will be the start of another impressive twelve-month period for Nvidia as Blackwell production ramps. With new large-language models being developed rapidly, many investors are bullish on Nvidia. One of the more upbeat analysts on the Street is Bank of America’s Vivek Arya. Fresh off a notable price target hike on the stock, Arya joins Yahoo Finance executive editor Brian Sozzi to break down his analysis. Arya thinks Nvidia’s stock remains undervalued, laying out a compelling bull case to Sozzi. Why UPS stock may blow another tire: Stock of the Day UPS (UPS) shares have fallen out of favor this year, and that may not change, Barclays analyst Brandon Oglenski warns. The sell-side analyst slashed his rating on UPS to Underweight — or the equivalent of Sell — on Monday, citing a host of fundamental challenges. Chief among them is a weak freight environment and the potential loss of volumes from e-commerce giant Amazon (AMZN). The company could also lose market share to a more efficient rival in FedEx (FDX). Barclays’s downgrade is the latest black eye on the year for UPS. Shares are down 14% year to date, lagging FedEx’s 8% gain, as the company struggles with a surge in lower-margin e-commerce volumes. Investor sentiment has also been damaged by a surprise earnings miss in July and a deep cut to full-year sales guidance. UPS reports third quarter earnings on October 24, and the Street is bracing for another dose of bad news — potentially another warning. Boeing Rebounds On Union Deal, But Worker Vote, Earnings Just Ahead Boeing stock rises after the Dow Jones plane maker sends a new offer to striking union members. Boeing reports Q3 results Wednesday. This Sam Altman Startup Explodes 176% This Month As Nuclear Stocks Heat Up Oklo — the nuclear power startup backed by OpenAI head Sam Altman — has surged more than 175% in October as major hyperscalers have decided to double down on the nuclear renaissance to fuel data centers and artificial intelligence. Palantir Peer Adds New Buy Point — With This Twist And Some 'Magic' Shopify stock continues to rebound toward a breakout as the Palantir peer looks to join Nvidia and Meta as a full IBD Leaderboard member. 'Blade Runner 2049' producer sues Elon Musk, Warner Bros. Discovery over Tesla Cybercab launch 'Blade Runner 2049' production company Alcon Entertainment sued Tesla, Elon Musk and Warner Bros. Discovery for copyright infringement. Here's why. Construction Partners to Acquire Lone Star Paving for $654 Million, Expanding into Texas The acquisition is expected to close in Q1 of fiscal 2025 Governor Shapiro Calls for Probe into Musk's $1 Million Daily Giveaway Amid Election Concerns Elon Musk's $1 million giveaway for voters faces legal scrutiny as Pennsylvania Governor calls for an investigation Nvidia Leads AI Chip Gains While Auto and Industrial Semis Falter: Susquehanna Nvidia and other AI-focused semiconductor firms continue to thrive, benefiting from rising demand in data centers Tesla earnings are coming. Here's what to know Tesla (TSLA) on Wednesday is expected to report its earnings for the July to September quarter, offering a fresh chance for Wall Street to interrogate CEO Elon Musk on his plans. BioVie Inc. Announces Pricing of Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules CARSON CITY, Nev., Oct. 21, 2024 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ: BIVI), (“BioVie” or the “Company”), a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders, today announced the pricing of a registered direct offering of 4,443,000 shares of its common stock priced at-the-market under Nasdaq rules at a price of $1.50 per share, resulting in total gross proceeds of $6,6 Nvidia Stock Hits Intraday Record. Watch Tesla’s Earnings for Signs of What’s Next. Microsoft, Amazon.com, Google-parent Alphabet and Meta Platform represented more than 40% of the company's revenue in the second quarter. Dan Ives Acknowledges Nvidia, Microsoft As 'Core Drivers Of AI' But Sees Palantir, IBM, AMD And Apple Joining The Party As Well Wedbush Securities analyst Dan Ives forecasts a “robust” third-quarter earnings season for technology companies, citing artificial intelligence adoption, improved enterprise spending, and rebounding digital advertising as key growth drivers. What ... These Stocks Are Moving the Most Today: Boeing, Kenvue, Cigna, Tesla, Spirit Airlines, UPS, Disney, and More Boeing and the leaders of its machinists union reach a new tentative agreement that could end a strike that has lasted longer than a month, while a report says activist Starboard Value has taken a sizeable stake in Kenvue. Tesla is scheduled to report earnings Wednesday. Think It's Too Late to Buy Nvidia? Here's the Biggest Reason Why There's Still Time. Check out the data center prediction Jensen Huang made. Investors Have a Clear Favorite This Year: Tech Investors have poured more than $18 billion into technology funds this year, more than every other sector tracked by Morningstar combined. Industrials funds have recorded the second-biggest haul, drawing $1.