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ALLY News30 articles
SoFi Shares Surge on Goldman Sachs Upgrade and New ETF Launch
SoFi Technologies gained 4.3% as Goldman Sachs hiked its target to $21 and the fintech firm rolled out a new covered-call ETF. Year-to-date losses remain near 30%.
Markets
SoFi Stock Dips After ETF Launch, Q2 Results in Focus
SoFi shares dropped 2% following the debut of its new ETF, with market attention shifting to the company's upcoming Q2 earnings report.
Earnings
SoFi CEO Noto Boosts Stake Amid Rate Decision Anticipation
SoFi Technologies CEO Anthony Noto bought 13,888 shares for $251K ahead of the Fed's rate decision, sending the stock up 3.2% to $18.28.
Analysis
S&P 500 Maintains Eligibility Rules; SpaceX IPO Looms
S&P Dow Jones Indices maintains its S&P 500 inclusion rules, while SpaceX's massive IPO could soon become a top ETF holding. Crypto markets show signs of a potential rally.
Markets
Ally Financial Targets Gen Z with Branchless Banking Campaign
Ally Financial's new 'Life Today' campaign targets Gen Z and millennials with a branchless model, adding 74,000 net new deposit customers last quarter.
Markets
Gold Surpasses $4,000 as Central Bank Buying and Fiscal Worries Fuel Rally
Gold surged past $4,000 an ounce on Wednesday, fueled by a weaker dollar and fiscal worries, while a new report shows central bank buying remains robust.
Commodities
AI Hardware Rally Lifts Nasdaq, But Growth Stocks Split
Nasdaq gains 0.6% on AI hardware strength, but growth stocks diverge as tech climbs and communication services fall. SMCI and SPCX rally on earnings, NFLX slumps.
Markets
Tech-Led Futures Rally as Earnings Take Center Stage
US stock futures advanced Wednesday, led by technology, as the market pivoted from macro data to corporate earnings. Meta, Tesla, and chipmakers headline today's results.
Markets
Nasdaq Rebounds as Chip Stocks Rally, but Market Breadth Stays Thin
Nasdaq rises 0.87% as chip stocks rebound, but breadth is weak with fewer than half of stocks advancing. Dow slips 0.15%.
Markets
Broad Market Rally Lifts Dow 1.1%, Russell 2000 Up 1.4%
Stocks closed broadly higher Thursday, with the Dow up 1.08% and Russell 2000 up 1.38%, while tech lagged. Falling Treasury yields and a 1.3% monthly PPI increase shaped the session.
Markets
Utilities Rally Powers S&P 500 to New Heights as Small Caps Lag
The S&P 500 rose to a record close as utilities led gains on a nuclear power deal, while small caps fell and oil rebounded above $100.
Markets
M&A Surge Broadens S&P 500 Rally Despite 5.33% Treasury Yield
Software stocks rallied on PTC's $22.6B acquisition, lifting the S&P 500 within 0.6% of its record. Treasury yields hit 5.33%, but oil's decline eased inflation fears.
Markets
Mixed Open as ISM Price Surge Caps Nasdaq Rally
U.S. stocks opened mixed Monday as a 5.30% 10-year yield and rising ISM prices tempered gains. Nasdaq rose 0.5%, while Dow slipped. PTC surged 34.8% on Schneider's $22.6B bid.
Markets
Bond Yields Steal the Show as Tech Rally Masks Broad Market Weakness
U.S. stocks closed a mixed week with tech leading gains, but the 10-year Treasury yield's rise to 5.28% puts the spotlight on Fed minutes and economic data this week.
Markets
General Mills Beats Q1 Estimates but Margin Squeeze Caps Rally
General Mills beat Q1 estimates but saw adjusted operating margin fall 130 bps, sending shares down 0.6%. Full-year guidance was reaffirmed.
Earnings
Refiners Rally as Trump Weighs Diesel Export Limits
Valero and Marathon Petroleum shares advanced as traders downplay the likelihood of a full diesel export ban, despite record U.S. pump prices and tight distillate inventories.
Markets
AMD Rally on Unverified Price Hike Speculation
AMD closed at $615.52, up 9.95%, but no confirmation of a reported 10% Q4 price hike. Analysts' average target implies 4.7% upside, with data center growth driving sentiment.
Analysis
Alphabet's Voting Shares Command 1.1% Premium Amid Search Rally
Alphabet's voting shares (GOOGL) now trade 1.15% above non-voting GOOG after a search-driven rally. Evercore's $450 target suggests 26% upside.
Analysis
Intel Surges 14% Past Analyst Targets as AI Optimism Ignites Chip Rally
Intel shares surged 14% to $123.77, exceeding analyst targets, as AI-driven demand and strong Q2 results fueled a broad chip rally.
Technology
Tech Rally Lifts Nasdaq as Oil Slump Eases Rate Anxiety
U.S. stocks rallied Monday as oil prices fell nearly 4% and Treasury yields eased, lifting the Nasdaq 1.57%. Intel and AMD surged, leading tech gains.
Markets
Stock Futures Rally as Oil Slump Offsets Treasury Yield Pressure
US stock futures advanced Monday as lower oil prices and constructive US-China talks improved risk appetite, with Nasdaq-100 futures up 1.09% despite the 10-year Treasury yield hovering near 5%.
Markets
Nordnet's Modest Buyback Spurs 4.2% Share Rally
Nordnet shares rose 4.2% on a modest buyback announcement, but the program's small size raises questions about its impact. Analysts' targets vary widely.
Markets
Asian Markets Rally on Chip Gains; Europe Awaits Rate Decisions
Asian markets rose Monday, with South Korea's KOSPI surpassing 7,000 on chip gains. Europe faces a busy week with PMI data and three rate decisions.
Markets
Lenovo Stock Pulls Back 4.7% After Record Rally, AI Server Margins in Focus
Lenovo shares dropped 4.7% on Monday after a record-setting rally, raising questions about AI-server margin sustainability. The stock remains 14.7% above its September 15 close.
Analysis
Sandisk's S&P 100 Debut: Index Rally Meets NAND Pricing Reality
Sandisk's S&P 100 inclusion sparked an 11% rally, but the focus now shifts to NAND pricing trends and the company's ability to sustain high margins.
Markets
MSTR Surges 15.8% as Leverage Amplifies Bitcoin Rally
Strategy (MSTR) rallies 15.8% as Bitcoin gains 6.35%, but the move reflects leverage, not new purchases. Investors should focus on net asset value after senior claims.
Crypto
Bitcoin Surges Past $80K as Short Squeeze Fuels Rally
Bitcoin jumped back above $80,000, driven by a short squeeze that liquidated over $183 million in bearish positions. The rally's durability is uncertain.
Crypto
On Holding's Mbappé Deal Fails to Sustain Pre-Market Rally
On Holding's stock reversed a 5% premarket jump after announcing Kylian Mbappé as its football ambassador, with first boots due in 2027.
Analysis
TSX Posts Biggest Gain in Two Weeks as Miners Rally, Oil Slips
Canada's main stock index jumped 382.99 points on Thursday, led by mining and utility shares, despite lower oil prices and soft telecom stocks.
Markets
Stocks Rally as Yields Retreat: Nasdaq Surges 1.7%
U.S. stocks rebounded as Treasury yields fell below 5% and oil retreated, lifting the Nasdaq 1.7%. The S&P 500 and Dow also advanced.
Markets