Tag: soars

C3.ai Stock Soars on Strong Forecast. Is It Too Late to Buy?

Shares of C3.ai (NYSE: AI) have soared over 20% since the company reported its fiscal fourth-quarter earnings on May 29. The enterprise artificial intelligence (AI) software company saw strong revenue growth and issued upbeat guidance. Despite the recent gains, the stock is still down over 30% over the past year. Given the stock’s recent gains, […]

Bullish Nvidia Trade Soars as Day Traders Bet on Leveraged ETFs

(Bloomberg) — The latest Nvidia Corp. frenzy is fueling an unprecedented rally in the booming industry of leveraged-up ETFs as retail traders go all-in on the world’s “most important stock.” Most Read from Bloomberg A GraniteShares fund, which gives investors two times the daily return of the Jensen Huang-run company, is now up 450% over […]

GameStop stock soars as meme icon raises almost $1 billion in stock sale

GameStop (GME) stock surged as much as 22% on Tuesday after the video game retailer said it raised almost $1 billion from its latest equity offering. GameStop shares opened at around $23, well below the near $65 level reached earlier this month during a short-lived meme rally. Still, Tuesday’s stock action reflects investor exuberance when […]

Pregnant women, elderly at risk as Pakistan heat soars above 50°C

Pakistani authorities issued a warning on Monday to pregnant women and elderly about the dangers posed by a sweltering heatwave sweeping the country, with temperatures soaring as high as 53 degrees Celsius. “Intensity, frequency and duration of the heatwaves in Pakistan is increasing as compared to previous years. Pregnant women, children and the elderly are […]