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Hooray!🥳 This week, StockNews.AI identified and published 159 successful event alerts for 70+ stocks across sectors like tech, finance, and medical, accurately indicating the potential bullish or bearish price-changing direction!
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Top 3 news you can’t miss for today, 10/11.
benzinga.com
BullishLongTermNVDAIndustry News
Nvidia, Samsara And More On CNBC's 'Final Trades' - NVIDIA (NASDAQ:NVDA)
- Kevin Simpson highlighted NVDA during a road show, praising investor interest.
- Morgan Stanley reaffirmed NVDA's Overweight rating with a $150 price target.
- Jensen Huang's keynote at CES 2025 might unveil next-gen NVDA GPUs.
Save you 3 mins to read
Full ArticleBenzinga
BullishLongTermAMDIndustry News
AMD Stock: Can Its AI Strategy Compete With Nvidia? Analyst Predicts Market Share Gains Ahead
- AMD increases AI market TAM from $400B to $500B by 2028.
- MI325X GPU outperforms Nvidia's H200 in AI inferencing by 1.4x.
- AMD's server CPU share rose from 31% to 34% in 2024.
- Partnerships with major cloud providers strengthen AMD's market position.
- JPMorgan maintains Neutral rating but acknowledges AMD's potential.
GuruFocus
BullishLongTermPSTGIndustry News
Pure Storage Named a Leader for Fourth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for File and Object Storage Platforms
- Pure Storage named a Leader in Gartner's Magic Quadrant for storage solutions.
- The platform offers unmatched agility for modern file and object data management.
- Real-Time Enterprise File adapts to user needs, enhancing overall efficiency.
- AI-powered anomaly detection bolsters security against storage-related threats.
- Customer satisfaction remains high, with 96% recommending Pure Storage solutions.
Here’re the top 5 most-surged stocks of the week
*Penny stocks are not included in the list.
PRNewsWire
BearishShortTerm -24.7%TXGEarnings
10x Genomics Announces Preliminary Select Third Quarter 2024 Results
- TXG revenue declined 1% to $151.7 million in Q3 2024.
- Instruments revenue plummeted by 46%, significantly impacting overall performance.
- Consumables revenue grew 10%, showing resilience in product demand despite challenges.
- Americas revenue decreased 11%, while EMEA and APAC showed growth.
- CEO stated organizational changes caused disruption; future outlook remains optimistic.
PRNewsWire
BearishShortTerm -19.39%INDVEarnings
Indivior Provides Preliminary Q3 2024 Results; Updates FY 2024 Guidance; Group Continues to Expect SUBLOCADE Peak Net Revenue of >$1.5 Billion
- Indivior updated Q3 2024 guidance with lower SUBLOCADE net revenue expectations.
- Faster competitor adoption is impacting SUBLOCADE's market performance and revenue.
- Anticipated peak SUBLOCADE net revenue unchanged but exit run rate expectations lowered.
- Group is taking actions to support SUBLOCADE growth and maintain margins.
- Net revenue for Q3 2024 expected between $302m to $309m, reflecting a 13% increase.
GlobeNewsWire
BullishLongTerm 17.47%AGBAM&A
AGBA ADVANCES TOWARD COMPLETION OF THE TRILLER MERGER
- AGBA and Triller merger to finalize by October 14, 2024.
- Merger aims to enhance innovation and market presence globally.
- A reverse stock split will occur, reducing outstanding shares by 4:1.
- New trading symbol 'ILLR' on Nasdaq expected after the merger.
- Warrants will have adjusted exercise prices post-merger.
PRNewsWire
BullishShortTerm 10.21%VOXXEarnings
VOXX International Corporation Reports its Fiscal 2025 Second Quarter Financial Results
- VOXX's net sales declined by 18% in Fiscal 2025.
- The company's gross margin increased by 120 basis points despite sales drops.
- VOXX reduced total debt to under $20 million, enhancing financial stability.
- Strategic alternatives are being explored to maximize shareholder value.
- Restructuring efforts have led to reduced operating expenses by over 14%.
GlobeNewsWire
VerybullishLongTerm 7.05%TPETM&A
Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to December 10, 2024
- TPET has secured an option for a 20% interest in Asphalt Ridge.
- Successful initial drilling found over 190' of oil-pay zones.
- Asphalt Ridge is one of North America's largest tar-sand deposits.
- The project has high potential for profitability and oil recovery.
- TPET extended its option to acquire more interest until December 2024.
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