Monday's biggest moving stocks include Hostess Brands and Tesla.
Shares of Hostess Brands Inc. TWNK, +0.86% jumped more than 10% after The Wall Street Journal reported late Sunday that J.M. Smucker Co. SJM, +0.88% is close to a roughly $4 billion deal to acquire the snack maker.
Tesla Inc. TSLA, -1.19% shares rose 5.4% in premarket trading after Morgan Stanley upgraded the electronic-vehicle maker to buy from hold, and lifted its price target to $400 from $250 per share. Analyst Adam Jonas cited an advantageous position of the company via its new machine learning supercomputer, Dojo.
Shares of Oracle Corp. ORCL, +0.98% rose 0.9% ahead of the company’s quarterly earnings report due after Monday’s market close. FactSet consensus calls for per-share earnings of $1.15 on sales of $12.5 billion for Oracle.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
J.M. Smucker nears deal to buy Twinkies-owner Hostess BrandsJ.M. Smucker nears deal to buy Twinkies-owner Hostess Brands - WSJ
Baca lebih lajut »
Smucker nears deal to buy Twinkies maker Hostess for about $4 billion: reportJ.M. Smucker Co. is nearing a deal to buy Twinkies maker Hostess Brands Inc., the Wall Street Journal reported Sunday night.
Baca lebih lajut »
Tesla stock rallies as Morgan Stanley boosts rating, citing AI prowess via 'Dojo'Morgan Stanley upgraded Tesla to buy from hold in a note to clients, saying the company's Dojo supercomputer holds 'proprietary technology.'
Baca lebih lajut »
Activist Starboard has a variety of strategies to build value at Bloomin' BrandsThe firm could turn to its value-building playbook for restaurants in this latest engagement with Bloomin’ Brands.
Baca lebih lajut »
Animoca Brands raises $20 million to expand web3 identity project MocaverseAnimoca said it raised $20 million in a funding round led by CMCC Global, participated by Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Baca lebih lajut »