Shares of devSecOps platform provider GitLab (NASDAQ:GTLB) fell 3.3% in the afternoon session after Wells Fargo initiated coverage on the stock with a neutral 'Equal Weight' rating. The bank set a price target of $50 per share. According to the firm, the cautious stance stems from a challenging near-term outlook as GitLab implements a new go-to-market sales strategy while facing tougher year-over-year pricing comparisons. Wells Fargo also cited investor uncertainty regarding GitLab's guidance for the upcoming year as a factor. While acknowledging the company's impressive profit margins and revenue growth, the analyst prefers to wait for a better entry point as new leadership establishes itself and the competitive landscape evolves.
Shares of electrical safety company Atkore (NYSE:ATKR) jumped 2.6% in the afternoon session after it extended gains from the previous day as it was reported that activist investor Irenic Capital Management has acquired a stake and is urging the company to pursue a sale. The positive momentum follows Tuesday's news, where the stock also rose after reports revealed Irenic Capital had built a 2.5% stake in the electrical manufacturing company. According to sources familiar with the matter, Irenic has privately engaged with Atkore's board, advocating that a sale to a private equity firm would be the best outcome for shareholders. This development comes as Atkore is already exploring its strategic options. The company had previously disclosed it is "evaluating a broad range of alternatives" and has reportedly enlisted Citigroup to assist with its strategic review process.
ACM Research, a critical player in the semiconductor equipment industry, is making significant waves with a surging order backlog and recent inclusion in prominent market indices. These strategic advancements underscore the company's escalating influence in the global chip manufacturing landscape, particularly as the demand for advanced AI chips continues its exponential growth. With its innovative [...]
Cambridge, UK – October 1, 2025 – A groundbreaking discovery by researchers at the University of Cambridge has sent ripples through the scientific community, potentially revolutionizing solar energy harvesting and offering a critical pathway towards truly sustainable artificial intelligence solutions. Scientists have uncovered Mott-Hubbard physics, a quantum mechanical phenomenon previously observed only in inorganic metal [...]
The U.S. Dollar Index lost ground for the fourth straight day, revisiting the 97.50 zone amid steady uncertainty surrounding the U.S. government shutdown.
Toronto, ON – As of early October 2025, the Canadian financial landscape is witnessing a remarkable surge, largely orchestrated by the robust performance of its materials sector. Anchored by soaring gold prices and a resilient commodities market, this vital segment of the economy is not merely contributing but actively driving the
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 8.6% in the afternoon session after the company's new CEO, Carrie Wheeler, mandated that all employees must 'Default to AI' as part of a new company-wide policy.
Shares of private corrections company GEO Group (NYSE:GEO) jumped 6.5% in the afternoon session after the company announced its subsidiary, BI Incorporated, was awarded a two-year contract by U.S. Immigration and Customs Enforcement (ICE). The agreement is for the continued provision of electronic monitoring, case management, and supervision services under the Intensive Supervision Appearance Program (ISAP). The contract begins with an initial one-year term, effective October 1, 2025, and includes an option for an additional year. This award confirms an ongoing relationship with a key government client, providing investors with increased confidence in the company's operational stability and future revenue from this program.
Shares of experiential tourism company Pursuit Attractions and Hospitality (NYSE:PRSU) fell 3% in the afternoon session after the company announced plans for a proposed issue of securities to raise capital.
Shares of denim clothing company Levi's (NYSE:LEVI)
jumped 3.2% in the afternoon session after BofA Securities raised its price target on the stock, citing strong demand for denim. The investment firm lifted its price target on Levi Strauss & Co. to $27 from $26, while maintaining its 'Buy' rating. Analysts at BofA pointed to the strength in the denim category and the brand's expanding global appeal as key reasons for their positive outlook. The firm also noted it expects positive earnings per share momentum for the company. This optimism aligns with broader trends in the apparel sector, where other major players have also recently reported strong growth, signaling healthy consumer demand.
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
jumped 6.1% in the afternoon session after an analyst at Telsey Advisory Group raised the company's price target to $29 from $24. While the firm, led by analyst Dana Telsey, maintained its "Market Perform" rating on the stock, the new price target represents a significant 20.8% increase. This adjustment signals a more optimistic outlook on the company's market performance and potential stock value. This positive revision provided a catalyst for the shares, as investors often see increased price targets as a sign of confidence from Wall Street in a company's future prospects, even without a formal rating change.
These consumer-facing companies have seemed to struggle in recent months, but looking closely under the hood they may be more stable than investors imagine.
Shares of action camera company GoPro (NASDAQ:GPRO)
jumped 4.3% in the afternoon session after the company announced a strategic shift, forgoing its traditional annual flagship camera update to unveil a trio of new products. For the first time in over a decade, GoPro is introducing a new lineup aimed at broadening its reach with creators. The new products include the GoPro MAX2, the GoPro LIT HERO, and the Fluid Pro AI gimbal, which collectively focus on versatility and user empowerment.
Shares of online real estate marketplace Zillow (NASDAQ:ZG)
fell 4% in the afternoon session after the company was sued by the U.S. Federal Trade Commission (FTC) and a coalition of states over an alleged illegal scheme to eliminate competition in the online rental listings market.
Shares of sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO)
jumped 4.2% in the afternoon session after Barclays initiated coverage on the stock with a neutral 'Equal-Weight' rating. The bank set a price target of $51 for the sporting goods retailer. In its report, Barclays highlighted several positive factors, including a significant regional-to-national expansion opportunity with plans for about 160 new stores over the next four years. The firm also pointed to Academy's strong private label portfolio, which accounts for 23% of total sales, and favorable long-term trends in the sporting goods industry. However, the neutral rating also reflects certain risks, such as inventory growing faster than sales, challenges in elevating its footwear brand mix, and significant national competition, which contributed to a decline in the share price during the previous session. Today’s upward move suggests investors are focusing on the long-term growth potential outlined in the report.
Shares of athletic apparel brand Nike (NYSE:NKE)
jumped 4.9% in the afternoon session after the company posted third-quarter results that surpassed Wall Street's expectations for both revenue and profit. The athletic apparel giant reported revenue of $11.72 billion, a modest 1.1% increase year-on-year, but this was enough to comfortably beat analyst estimates of $11 billion. Similarly, its GAAP earnings per share of $0.49 was significantly ahead of the $0.27 consensus forecast. Despite the strong beat against expectations, the results showed some underlying weakness. The company's earnings per share declined from $0.70 in the same quarter last year, and its operating margin contracted to 7.7% from 10.4%, indicating that expenses grew faster than revenue.
Shares of online grocery delivery platform Instacart (NASDAQ:CART) jumped 2.1% in the afternoon session after Cantor Fitzgerald reiterated its Overweight rating on the stock with a $63 price target, citing the company's strategic value. The investment firm highlighted that an acquisition by a company like Uber would make "plenty of sense strategically" and that Instacart's current valuation might also attract private equity investors. The note pointed to Instacart's dominant position in the U.S. grocery delivery market, with over 65% market share, and its "best-in-class tech." Cantor Fitzgerald also underscored the company's strong financial health, including impressive gross profit margins of nearly 75%, double-digit revenue growth, and a strong balance sheet with minimal debt, which supports the positive investment thesis.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 6.5% in the afternoon session after the company announced it had shipped new satellites for an upcoming SpaceX launch and revealed plans to expand its manufacturing capabilities in Europe.
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 3.6% in the afternoon session after the company announced the U.S. launch of a new Philips Roku TV featuring Ambilight technology, alongside positive commentary from a Wall Street analyst. The new line of TVs, available for the first time in the U.S. with the Roku operating system, incorporates Philips' exclusive Ambilight feature. This technology uses intelligent LEDs built into the back of the TV to project colors onto the wall that match the on-screen action in real-time, creating a more immersive viewing experience. The televisions will be sold at Sam's Club locations across the United States.
Adding to the positive sentiment, Needham analyst Laura Martin reiterated a 'Buy' rating on Roku's stock, maintaining a $110 price target. Martin's confidence is based on the company's ability to meet viewer demands for more personalized content and advertising experiences.
As the financial world grapples with a complex tapestry of economic uncertainties and geopolitical shifts, precious metals have once again asserted their role as critical safe havens and inflation hedges. Gold has recently ascended to unprecedented all-time highs, captivating investors and analysts alike. Yet, in its gleaming shadow, silver has
Gold is currently in the midst of an extraordinary and record-shattering bull run, with prices soaring to unprecedented levels above $3,890 per ounce as of October 1, 2025. This remarkable surge, marking nearly a 46% increase year-over-year and over 48% year-to-date, is not merely a fleeting market fluctuation but
Calgary, Alberta – October 1, 2025 – The global canola market finds itself at a critical juncture, buffeted by a confluence of record-setting harvests, escalating international trade disputes, and a surging demand for renewable fuels. While recent daily trading on the ICE Futures Canada exchange showed modest gains for November and January
Chicago, IL – October 1, 2025 – The global wheat market is currently experiencing a significant downturn, with Minneapolis (MGEX) and Kansas City (KCBT) wheat futures leading the decline. This bearish trend, which intensified in the days leading up to October 1, 2025, is primarily fueled by unexpectedly high U.S. wheat
The Dallas Fed’s Weekly Economic Index has exceeded 1.6 every week since May 2024 and has been tracking in the mid 2s in the past few weeks and throughout most of this year.
Illinois's vital corn crop is facing a critical juncture as the 2025 harvest season unfolds, with agronomists issuing stern warnings about widespread stalk deterioration. A punishing combination of prolonged heat stress and aggressive disease pressure throughout the growing season has severely compromised plant integrity, raising significant concerns about harvest efficiency,
The nascent DePIN (Decentralized Physical Infrastructure Networks) sector has a new focal point in PEAQ ($PEAQ), a Layer 1 blockchain that burst onto the scene with its Token Generation Event (TGE) in September 2024. Following an initial public sale on CoinList in May 2024 and subsequent listings on major exchanges around November 2024, PEAQ witnessed [...]
The cryptocurrency world concluded the third quarter of 2025 with a sobering reality check, as an estimated $307 million was siphoned off across numerous hacks and exploits. This grim figure pushes the year-to-date total for stolen digital assets past a staggering $2.5 billion, cementing 2025 as one of the most financially damaging periods in the [...]
NEW YORK, NY – October 1, 2025 – In a move poised to reshape the landscape of retail cryptocurrency investment, financial giant Morgan Stanley (NYSE: MS) officially confirmed on September 23, 2025, that its ETrade platform will enable direct cryptocurrency trading starting in the first half of 2026. This highly anticipated announcement, which solidifies earlier [...]
October 1, 2025 – In a landmark development poised to reshape the digital asset landscape, Foresight Ventures, a leading global crypto venture capital firm, today announced the launch of its pioneering $50 million Stablecoin Infrastructure Fund. This dedicated investment vehicle marks a significant milestone as the industry's first to exclusively target the entire stablecoin value [...]
The cryptocurrency world is abuzz with the groundbreaking launch of the first U.S. Dogecoin Exchange-Traded Fund (ETF) in September 2025, a development that has sent ripples through the meme coin market and is poised to redefine the broader cryptocurrency ETF landscape. This pivotal moment, occurring as of October 1, 2025, signals a significant maturation of [...]
