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Bitfarms mining business ‘significantly undervalued,’ says H.C. Wainwright

H.C. Wainwright reiterates a Buy rating on Bitfarms (BITF) with a $4 price target after the company reported Q1 results. Bitfarms is “rapidly transforming” from an international pure-play bitcoin mining company to a U.S.- focused energy and compute business focused on artificial intelligence data …

EODHD | 16 May 2025

NeurAxis Stock Gains Following Strong Q1 Earnings and FDA Milestones

Shares of NeurAxis, Inc. NRXS have gained 13.3% since the company reported its earnings for the quarter ended March 31, 2025. This compares to the S&P 500 Index’s 4.3% growth over the same time frame. Over the past month, the stock gained 39.9% compared …

EODHD | 16 May 2025

FDA approves Merck’s belzutifan for pheochromocytoma or paraganglioma

The Food and Drug Administration approved belzutifan, or Welireg, marketed by Merck (MRK), for adult and pediatric patients 12 years and older with locally advanced, unresectable, or metastatic pheochromocytoma or paraganglioma, or PPGL. “This represents the first FDA approval of an oral therapy for …

EODHD | 16 May 2025

Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick's Sporting Goods, Boot Barn and more

Check out the companies making headlines in midday trading. Walmart — Shares of the big-box retailer dropped 1% after Walmart fell slightly short of first-quarter sales expectations and management warned that consumers could see higher prices caused by tariffs. Walmart reported revenue of $165.61 …

EODHD | 16 May 2025

Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April

The average rate on a 30-year mortgage in the U.S. edged above 6.8% this week, returning to where it was just three weeks ago. The rate increased to 6.81% from 6.76% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate …

EODHD | 16 May 2025

Dell Technologies Retains BofA 'Buy' With $150 Target Ahead of May 29 Report

May 15 - Bank of America (NYSE:BAC) Securities maintained its "Buy" rating on Dell Technologies (NYSE:DELL) with a $150 price target ahead of the company's May 29 earnings. Analyst Wamsi Mohan from BofA expects first-quarter revenue and EPS to land near the high end …

EODHD | 16 May 2025

1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year

Among 16 U.S. banks with the strongest/most consistent earnings growth South Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the …

EODHD | 16 May 2025

BKTI Stock Gains Post Strong Q1 Earnings, Margins and Radio Demand

Shares of BK Technologies Corporation BKTI have gained 0.96% since the company reported its earnings for the quarter ended March 31, 2025. This compares with the S&P 500 Index’s 0.98% gain over the same period. Over the past month, BKTI has advanced 1.4%, significantly …

EODHD | 16 May 2025

Foot Locker Stock Soars 85% on Buyout Deal. Why Dick’s Has Dropped 14%.

Foot Locker stock skyrocketed Thursday after Dick’s Sporting Goods said it had agreed to buy the shoe retailer for about $2.4 billion. Dick’s said in a press release that it had entered a merger agreement to buy Foot Locker at $24 a share, representing …

EODHD | 16 May 2025

Capital Connect Crumbles: JPMorgan's $175M Bet On Startup Platform Ends Amidst Venture Capital Market Turmoil

JPMorgan Chase (NYSE:JPM) has quietly shut down Capital Connect, its startup-venture capital matchmaking platform launched just two years ago. The site went offline in late 2024 without a formal announcement from the bank, and sources familiar with the decision say the platform failed to …

EODHD | 16 May 2025