Raymond James stock soars after shocking earnings beat—analysts can’t believe it!

Raymond James stock soars after shocking earnings beat—analysts can’t believe it!

Raymond James Financial Inc. (NYSE: Raymond James) has experienced a notable surge in its share price following the release of its quarterly earnings report, which surpassed Wall Street’s projections. For the fiscal fourth quarter ending September 2024, the company reported earnings per share (EPS) of $2.95, significantly higher than the $2.13 reported in the same […]

Meta’s AI dreams send Lumen Technologies’ shares soaring – see why investors are excited

Meta’s AI dreams send Lumen Technologies’ shares soaring – see why investors are excited

Lumen Technologies saw its stock price jump 9% after announcing a high-profile partnership with Meta Platforms. This collaboration aims to enhance Meta’s network infrastructure, providing the tech giant with the necessary bandwidth and flexibility to support its rapidly expanding artificial intelligence (AI) operations. This significant boost in Lumen’s market value highlights investor confidence in the […]

Coeur Mining to acquire SilverCrest Metals in $1.7bn deal to create leading global silver powerhouse

Coeur Mining to acquire SilverCrest Metals in $1.7bn deal to create leading global silver powerhouse

Coeur Mining, Inc. has announced its acquisition of SilverCrest Metals Inc. through a definitive agreement, seeking to consolidate its position as a preeminent global silver producer. The acquisition entails Coeur Mining obtaining all of SilverCrest Metals’ issued and outstanding shares, whereby SilverCrest Metals shareholders will receive 1.6022 Coeur Mining common shares for each of their […]