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PIPER SANDLER COMPANIES
HOOD stock hits lowest level since July 2025: Why Robinhood shares fell and what’s the new price targetHOOD stock today: Robinhood shares experienced a sharp decline on Monday, extending a losing streak and hitting a multi-month low. Investor...- Figma draws 'neutral' ratings as Wall Street flags lofty valuation, rising competitionWall Street brokerages initiated coverage of Figma with neutral ratings, citing its high valuation and competition despite AI-driven growth...
- Dow ends at another record high as Wall Street buoyed by banks, small-capsDow Jones closed at a record high on Wednesday. Other Wall Street indexes also ended higher, despite declines in tech shares, driven by gai...
- Dorf Ketal Chemicals India acquires Impact Fluid Solutions to expand its suite of solutions for oil and gas productionDorf Ketal Chemicals India acquires Impact Fluid Solutions to enhance HSE performance and sustainable global growth, with support from advi...
- Wall Street brokerages start Reddit coverage with skepticism on user growthJ.P.Morgan and Morgan Stanley started coverage on Reddit with equivalent to "hold" ratings, as they wait for clarity on the social media co...
- Adobe shares plunge 12% as downbeat forecast fans concerns about competition, AI effortsThe company expects about $440 million in net new annual recurring revenue for the digital media segment, which houses its cloud products f...
- Apple slides to eight-week low after second rating downgrade in a weekApple has been grappling with a demand slowdown since early last year and forecast holiday-quarter sales below Wall Street estimates.
- Apple suffers second rating downgrade in tough start to 2024The company's shares dropped 1.7% to an eight-week low of $181.20 on Thursday. If the losses hold, Apple stands to lose $47.4 billion of it...
- US SEC chair Gary Gensler says crypto companies made 'calculated' decision to flout rulesSpeaking at a Piper Sandler conference in New York, Gary Gensler also reiterated his view that the "vast majority" of crypto tokens meet th...
- SVB Financial explores bankruptcy as option for asset salesSVB said on Monday it was considering strategic alternatives for its assets but did not disclose bankruptcy as one of the potential options.
- U.S. regulator taps Piper Sandler in new bid to sell Silicon Valley BankThe development shows how the FDIC is preparing a concerted effort to sell Silicon Valley Bank after regulators took it over last Friday an...
- AI stocks surge after C3.ai's strong forecastC3.a1 forecast a better-than-expected revenue and profit for both the fourth quarter and fiscal year 2023, after the AI software company po...
- Accenture Q2 forecast disappoints as IT spending weakensBeats quarterly estimates for revenue and earnings on Friday
- Amazon, Apple poised to add $170 billion after resilient resultsAmazon shares jumped as much as 12% on Friday, their biggest move since Feb. 4, while Apple advanced 3.6%.
- Social media stocks lose over $160 billionThe owner of the Snapchat app, which sends disappearing messages and adds special effects to videos, reported quarterly user growth in Apri...
- Zoom shares record worst day in 9 months as searing growth tapers offZoom and other video conferencing services such as Cisco, Microsoft's Teams and Salesforce's Slack raked in millions of new users as the pa...
- Interactive Brokers to offer crypto trading by the end of summerThomas Peterffy did not say which cryptocurrencies would be available to trade, but the New York-based brokerage began offering bitcoin fut...
- Moderna expects emergency nod soon after FDA panel meet: CEOThe Food and Drug Administration is scheduled to hold the meeting on Dec. 17 to discuss the company’s request for emergency use authorisati...
- Wall Street has a new big bull on TeslaPiper raised its target to $928 from $729, making it the most bullish estimate.
- Tesla surges above $500, leaving analyst targets in the dustOppenheimer & Co. analyst Colin Rusch said Tesla’s high-risk tolerance, its ability to learn from past errors and bigger ambition compared ...
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