Navitas Semiconductor (NASDAQ: NVTS) today, October 13, 2025, announced a pivotal advancement in its power chip technology, unveiling new gallium nitride (GaN) and silicon carbide (SiC) devices specifically engineered to support NVIDIA's (NASDAQ: NVDA) groundbreaking 800 VDC power architecture. This development is critical for enabling the next generation of AI computing platforms and "AI factories," [...]
Shares of global investment bank Goldman Sachs (NYSE:GS) jumped 3% in the afternoon session after investors showed optimism ahead of the company's third-quarter earnings announcement. The positive sentiment was fueled by widespread expectations that the investment bank would report strong results. Analysts pointed to a significant rebound in dealmaking and a healthier market for initial public offerings as key growth drivers. Projections called for a substantial year-over-year increase in earnings, with some estimates suggesting a rise of over 30%. The bank's investment banking and trading divisions were expected to benefit from renewed corporate confidence and a resurgence in mergers and acquisitions.
Shares of composite decking and railing products manufacturer Trex Company (NYSE:TREX)
jumped 3% in the afternoon session after an analyst at Goldman Sachs kept a Buy rating on the stock, even while lowering the price target. The analyst reduced the price forecast for the company's shares to $73.00 from a previous target of $83.00. Despite the cut, the decision to hold the Buy rating suggested continued confidence in the company's outlook. This positive signal appeared to outweigh the lowered price expectation for investors.
Shares of investment management firm T. Rowe Price (NASDAQ:TROW) jumped 4.6% in the afternoon session after analysts raised their price targets for the company's stock. Keefe, Bruyette & Woods lifted its price target on T. Rowe Price to $115 from $112, while maintaining a "Market Perform" rating. In a similar update, Morgan Stanley also increased its price objective on the stock to $125 from a previous $116 and gave the shares a "positive" rating. These upward revisions from financial analysts indicated a more favorable view of the stock's potential value, which likely boosted investor confidence.
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 3.4% in the afternoon session after a Goldman Sachs analyst raised the price target for the stock while keeping a Neutral rating.
Canadian Solar (NASDAQ: CSIQ) shares experienced a notable "gap up" on October 13, 2025, opening significantly higher than their previous close, continuing a period of positive momentum for the solar energy giant. This latest surge follows an approximately 11.1% climb on October 9, 2025, fueled by an upward revision
New York, NY – October 13, 2025 – Century Aluminum Company (NASDAQ: CENX) has captured significant attention in the financial markets, with its stock recently hitting a formidable 52-week high. This impressive surge reflects a confluence of strong tailwinds in the global aluminum market and strategic, forward-looking initiatives undertaken by the company.
October 13, 2025 - In a stark reminder of the pervasive and evolving risks within global financial markets, a prominent regional brass parts manufacturer, "Metalsmith Innovations," has reportedly suffered significant financial losses after being ensnared in a sophisticated fake commodity trading platform scheme. The incident, which came to light in
In a significant evolution of investment strategies, Wall Street is increasingly embedding complex autocallable structured products into Exchange Traded Funds (ETFs), a move that democratizes access to these sophisticated instruments for a broader investor base. This aggressive push is a direct response to the pervasive "race for yield," as investors
October 13, 2025 – The financial landscape for millions of American retirement savers has undergone a significant transformation throughout 2025, as a pronounced shift from equity-based investments towards more conservative asset classes like bonds, stable value funds, and money market funds has taken hold. This move, driven by a cocktail of
Shares of data center products and services company Vertiv (NYSE:VRT)
jumped 7.9% in the afternoon session after the company announced the appointment of Craig Chamberlin as its new Executive Vice President and Chief Financial Officer, effective November 10, 2025.
Shares of payment technology company Marqeta (NASDAQ:MQ) fell 5.1% in the afternoon session after Goldman Sachs downgraded the stock to 'Sell' from 'Neutral' and lowered its price target, citing concerns about the company's relationship with its key customer, Block.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 9.7% in the afternoon session after an analyst at Susquehanna significantly raised the price target on the stock. The firm's analyst, Biju Perincheril, maintained a "Positive" rating on the company while lifting the price target to $23.00 from a previous $13.00. This substantial adjustment represented a 76.92% increase, signaling a much more optimistic outlook on the stock's future value from the financial firm.
Shares of solar tracker company Nextracker (NASDAQ:NXT)
jumped 3.5% in the afternoon session after Susquehanna maintained its "Positive" rating on the company while raising its price target to $100 from $76.
Shares of beauty products company Estée Lauder (NYSE:EL)
jumped 6.4% in the afternoon session after Goldman Sachs upgraded the stock to 'Buy' from 'Neutral' and raised its price target.
As of October 13, 2025, a potent cocktail of record-breaking gold prices and intensified US-China trade tensions is sending ripples through global financial markets, with a particularly noticeable impact on the South African rand (ZAR). Gold, traditionally a safe-haven asset, has surged to unprecedented highs, providing an unexpected but significant
As of October 2025, gold prices have shattered previous records, surging past the $4,000 per ounce mark to reach an unprecedented high of approximately $4,070 - $4,098 per troy ounce. This remarkable rally, representing over a 50% appreciation year-to-date and an 11.38% increase in the past
Gold and silver prices are currently experiencing an extraordinary surge, reaching historic highs amidst a turbulent global financial landscape. As of October 13, 2025, gold has soared to an all-time high of approximately $4,075.29 per ounce, even touching $4,084.75/oz, marking its eighth consecutive week of
