Newsfeeds - Spark Newswire

4 minute read

Online Brokers UP Fintech, Futu Stumble on Weak Stock Markets

Today, 9:36 AM

Key Takeaways: UP Fintech and Futu reported sharp first-quarter revenue declines as weak stock markets caused trading commissions to slide Futu reined in spending during the period, while UP Fintech’s spending rose on aggressive hiring for its global expansion By Doug Young

FUTU

2 minute read

Inflation Fears Send Stocks Lower As Investors Brace For Fed Rate Hike Next Week

By Wayne Duggan

Today, 9:36 AM

The 2022 stock market weakness continued this week, with major indexes trading lower on another round of discouraging inflation data.

ADBE

2 minute read

Futu Holdings Scores Double Analyst Upgrade Following Q1 Earnings Beat

By Wayne Duggan

Today, 9:36 AM

Shares of Futu Holdings Ltd (NASDAQ: FUTU) holdings drifted lower on Friday after a big week for the Chinese online brokerage platform.

FUTU

2 minute read

Analyst Ratings

Where Futu Holdings Stands With Analysts

By Benzinga Insights

Today, 9:36 AM

Over the past 3 months, 4 analysts have published their opinion on Futu Holdings (NASDAQ:FUTU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

FUTU

1 minute read

JP Morgan Maintains Overweight on Futu Holdings, Raises Price Target to $55

By Benzinga Newsdesk

Today, 9:36 AM

JP Morgan analyst Katherine Lei maintains Futu Holdings (NASDAQ:FUTU) with a Overweight and raises the price target from $50 to $55.

FUTU

6 minute read

95 Biggest Movers From Yesterday

By Lisa Levin

Today, 9:36 AM

Gainers AeroClean Technologies, Inc. (NASDAQ: AERC) shares gained 100.4% to close at $4.75 on Monday after the FDA granted clearance for the company's pūrgo technology, classifying it as a class II medical device.

ACER

1 minute read

Why Futu Holdings Stock Rose Today

By Adam Eckert

Today, 9:36 AM

Futu Holdings Ltd (NASDAQ: FUTU) shares traded higher Monday after the company reported financial results. Futu Holdings said first-quarter revenue decreased 25.6% year-over-year to $209.5 million. The company reported quarterly adjusted net income of $79.4 million.

FUTU