In premarket trading, Wolfspeed’s stock fell 5% after a downgrade by Mizuho, citing a projected drop in silicon carbide pricing and lower EV production expectations. Nvidia’s shares rose over 1% following CEO Jensen Huang’s comments on strong demand for its next-gen AI graphics processor, Blackwell. Hims & Hers Health declined 9% after the FDA resolved a shortage of GLP-1 treatments, impacting its weight-loss drug offerings. EVgo’s stock surged 9% after being upgraded by JPMorgan, while Levi Strauss shares dropped 12% on trimmed revenue guidance and potential sale of Dockers. Constellation Brands saw a slight increase in stock price on better-than-expected earnings, while Stellantis fell 3% after a Barclays downgrade due to inventory issues and market share erosion.
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Diversify Revenue Streams for Your Business in This Candlestick Trading Masterclass
Entrepreneur aims to showcase products and services that can benefit readers, with a potential revenue share if purchased. The Ultimate Candlestick Trading and Analysis Master Class, currently on sale for $22.97, offers business owners a chance to diversify revenue streams through stock market investments. The comprehensive bundle covers essential trading strategies, including candlestick patterns and advanced techniques like tape reading, to enhance market performance and long-term growth. Full Article
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