News Highlights
$Rivian Automotive(RIVN.US)$ ended 8.05% higher. Its options trading volume was 0.77 million. Call contracts account for 67.8% of the total trading volume. The $20 calls expiring July 19 were traded most actively.
On Friday, Mizuho's analyst Vijay Rakesh reiterated a Neutral stance on Rivian Automotive Inc. but increased the price target from $11 to $15. Rakesh acknowledged the strengths in Rivian's ele...

Morning Movers
Gapping up
$Citigroup(C.US)$ In premarket trading on Friday, Citigroup's stock rose by 3.4% as the banking giant reported second-quarter earnings that exceeded analyst expectations.
Citigroup announced an earnings per share (EPS) of $1.52 for Q2, surpassing the consensus estimate of $1.40. The bank's revenue for the quarter was in line with predictions, coming in at $20.1 billion. The bank's revenue from its banking op...

$Broadcom(AVGO.US)$ shares have risen over 20% in the past month, significantly outperforming the $S&P 500 Index(.SPX.US)$'s 3.63% return. The stock has attracted considerable investor interest due to its expanding capabilities in the AI sector and a 10-for-1 stock split.
Broadcom is capitalizing on the increasing demand for AI infrastructure and generative AI deployment, with its solutions meeting the needs of growing AI workl...

News Highlights
$NVIDIA(NVDA.US)$ ended 5.57% lower. Its options trading volume was 6.66 million. Call contracts account for 61.2% of the total trading volume. The $135 calls expiring July 12 were traded most actively.
U.S. stocks declined on Thursday as investors shifted away from tech stocks following a key inflation report showing an unexpected month-over-month decrease in consumer prices for the first time since 2020. Th...

$Broadcom(AVGO.US)$, which has soared 52% this year, will officially implement a 10-for-1 stock split plan after market close on July 12th (this Friday). This move follows $NVIDIA(NVDA.US)$, another major AI player, and has sparked market speculation.
Let's compare the recent stock trends of NVIDIA and Broadcom. From the announcement to the actual split, NVIDIA's share price jumped about 27%, and it has risen an additi...

Morning Movers
Gapping up
$Costco(COST.US)$ shares saw an increase of nearly 1.34% as the company announced its first membership fee increase since 2017, raising the cost of its annual membership in the U.S. and Canada by $5 and its higher-tier plan by $10.
$Pfizer(PFE.US)$ 's stock went up nearly 2.8% following the company's announcement that it will proceed with the development of a once-daily version of its weight loss pill, ...

The most favored retailer in the market, Costco, has finally raised its membership fees by approximately 8.3%, marking its first adjustment in seven years. Following this news, $Costco(COST.US)$'s stock price surged by 3% to over $910 in pre-market trading on Thursday, potentially leading to another historic high if this momentum continues into Thursday's trading session.
Costco Investors and Analysts See Long-Awaited ...