Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 3.4% in the afternoon session after the company announced the launch of Lifted, a new subsidiary targeting the enterprise workforce. The new wholly owned subsidiary, named Lifted, is designed to combine talent sourcing, contracting, and workforce management for all types of contingent, or temporary, work. This strategic launch represents a significant push into the enterprise staffing sector, a potentially lucrative market for the talent platform. The move builds on Upwork's recent acquisitions of Bubty, a freelance management system, and Ascen, an employer-of-record provider, signaling a clear strategy to offer more comprehensive workforce solutions to large businesses.
Curious about the most active S&P500 stocks in today's session? Join us as we explore the US markets on Thursday and uncover the stocks that are leading the way in terms of trading volume and market attention.
Wall Street is currently grappling with a pervasive "risk-off" sentiment, a mood characterized by a cautious retreat from higher-risk assets. This prevailing sentiment is particularly evident in the tech sector, which has experienced a significant sell-off, yet it presents a puzzling disconnect with the broader stock market's surprising resilience. Meanwhile,
The financial markets are currently experiencing a significant tremor, as a four-day losing streak for the S&P 500 and a notable decline in the Nasdaq Composite underscore a broader tech-led sell-off. This downturn is primarily attributed to a retreat in the once-unassailable "Magnificent 7" technology stocks, raising questions about
Shares of work management platform monday.com (NASDAQ:MNDY) fell 3.9% in the morning session after Bank of America downgraded the stock from "Buy" to "Neutral".
Nvidia's AI momentum is gaining traction as demand, China sales, and data center investments drive growth. Analysts expect strong earnings and long-term growth, supporting its dominant role in global AI infrastructure.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Sen. Bernie Sanders (I-VT) has expressed his support for President Donald Trump's plan to convert U.S. grants to chipmakers into government equity in these firms.
Global financial markets are currently experiencing a significant ripple effect from the trends observed in the United States, with a notable tech-led selloff on Wall Street sending tremors across continents. This interconnectedness has led to a general decline in major Asian indices, while European shares have exhibited a more mixed
The artificial intelligence (AI) boom, which propelled tech stocks to unprecedented highs throughout late 2023 and early 2024, is now facing a significant reality check. A growing wave of skepticism regarding the sustainability of the AI frenzy, largely ignited by a recent MIT report highlighting limited returns on generative AI
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
Beauty products company Coty (NYSE:COTY) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales fell by 8.1% year on year to $1.25 billion. Its non-GAAP loss of $0.05 per share was significantly below analysts’ consensus estimates.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Wednesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Shares of digital banking platform Nubank (NYSE:NU) jumped 3.7% in the afternoon session after receiving a rare double upgrade from Citi, which significantly boosted its rating on the stock. The firm issued a rare double upgrade, shifting its rating on the stock from “Sell” all the way to “Buy” and doubling its price target to $18 from $9. This dramatic shift in perspective follows Nu Holdings' strong second-quarter performance, which showed robust profit and revenue growth. Citi cited the potential for an earnings boost as a key reason for the change.
