Meyka’s Latest updates keep you informed about market moves!
Elon Musk’s xAI Sues Apple and OpenAI In a bold move, shaking the tech world, Elon Musk’s xAI has filed a $5.5 billion antitrust lawsuit against Apple and OpenAI. The lawsuit claims that the tech giants are engaging in anti-competitive practices that limit fair competition in the AI market. Musk, known for his ventures like…
Nio just surged, and many traders ask what changed in the outlook. The stock market reacted to new model news and to fresh analyst notes. We explain what this move could mean for Nio. Nio’s stock skyrocketed over 90% in just two months, before hitting Morgan Stanley’s price target of $6.50. That quick run lit…
Ørsted shares have taken a sharp hit after the U.S. Bureau of Ocean Energy Management stopped the Revolution Wind Project as a result of issuing the stop-work order. The project, located off Rhode Island, was nearly complete with 45 of 65 turbines installed. Despite years of planning and full approval of construction, the suspension has cast doubt on the future of the project. The news sent Ørsted’s stock…
In a pivotal moment for the stock market, PDD stock (PDD Holdings) captured the spotlight with its highly anticipated second quarter of 2025 earnings report. The company exceeded Wall Street expectations on both revenue and earnings, showing resilience despite global economic headwinds. For investors and stock research enthusiasts, this update provides meaningful insights into PDD’s…
Artificial intelligence (AI) is rapidly advancing, causing major changes across the software market. While AI promises enhanced efficiency and innovation, it also introduces complexities that are causing investors to reassess their positions. Companies like Salesforce, Adobe, and ServiceNow have experienced notable declines in their stock prices, reflecting growing concerns about the implications of AI on…
Dividends have always been a key attraction for investors in the stock market. In India, very few companies stand out for consistently rewarding shareholders, and Vedanta is one of them. Known for its strong presence in natural resources like zinc, aluminum, and oil, Vedanta has also built a reputation for offering some of the highest…
Apollo Micro Systems (AMS) has caught the market’s attention once again as its share price touched a fresh 52-week high. The company, known for its role in defense and aerospace technologies, has become a talking point for investors looking at India’s growing defense sector. This surge is not just about one stock moving up; it…
The global renewable energy transition has hit another roadblock. Orsted, the Danish offshore wind giant, faces a significant challenge after former President Donald Trump blocked one of its key offshore wind projects in the United States. This political move threatens the company’s financial strategy, particularly its carefully structured Orsted cash plan, while raising broader concerns…
A Refreshed Forecast Sparks Market Optimism We are observing a significant shift in outlook from Jefferies, as the renowned investment bank has revised its year-end S&P 500 target upward to 6,600, up from its earlier estimate of 5,600. This update underscores growing confidence in corporate earnings and a more stable U.S. economic environment. Jefferies is…
Yes Bank’s stock caught the spotlight once again. On August 25, shares of the private lender jumped over 5% after the Reserve Bank of India (RBI) cleared a big move from Japan’s Sumitomo Mitsui Banking Corporation (SMBC). Japan’s SMBC has secured approval to increase its holding in Yes Bank to as much as 24.99%. This…