Stories That Matter

Tesla Loses Most-Crowded Short Stock Crown To This Oil Giant
Artificial Intelligence Players Must Weigh High Rewards With Immense Risks: Moody's
EXCLUSIVE: Boxing Legend Claressa Shields On Paving The Way For Women's Sports — Without Her Footwork, 'Angel Reese And Caitlin Clark Would Still Be Having To Put In The Work'
Artificial Intelligence Players Must Weigh High Rewards With Immense Risks: Moody's
EXCLUSIVE: Boxing Legend Claressa Shields On Paving The Way For Women's Sports — Without Her Footwork, 'Angel Reese And Caitlin Clark Would Still Be Having To Put In The Work'
Jamie Dimon Sounds Alarm On Ballooning US Fiscal Deficit: 'It Will Cause A Problem'
S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally

Stories That Matter Recent News

Analyst Remains 'Bullish As Ever' On SoFi Stock, Despite Bearish Signals From Price Chart
SoFi Technologies experienced a volatile year in the stock market, but analysts remain bullish on its potential, with a wide range of financial products and services available.
Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say
Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.
Boston Scientific's Upside With Cardiology Devices Drives Momentum
Mizuho Securities raises target for Boston Scientific, predicting double-digit growth in cardiology. Surge in Farapulse adoption and Watchman FLX upside driving momentum.
Nvidia's New Blackwell GPUs Expected To Boost Future Revenues, Analyst Forecasts
KeyBanc analyst maintains Overweight rating on Nvidia (NVDA) with $1,200 price target. Anticipates strong demand and revenue growth in data center sector.
Expert Legal Guidance For New Jersey's Cannabis Industry Proves Crucial
As the cannabis industry expands, Purow's knowledge provides essential guidance to businesses dealing with this intricate legal environment.
EXCLUSIVE: The Fed Should Cut Interest Rates Using Proven Fiscal Rule, Economic Expert Says
Blu Putnam, former chief economist of CME Group, discusses lower-than-expected inflation & calls for Fed to cut interest rates based on the Taylor Rule.
GameStop, AMC Surge Burns Short Sellers: This Hedge Fund May Have Been On The Right Side Of The Trade
Original meme stocks GameStop Corp and AMC Entertainment Holdings are taking a bit of a breather Wednesday after exploding higher to start the week. The losses from short-selling hedge funds are piling up, but it appears at least one hedge fund was on the right side of the trade.
What To Expect From Applied Materials Earnings? Analyst Eyes China Dynamics
Stifel analyst underscores China's impact on Applied Materials' Q2 earnings, noting revenue bias and future growth projections.
Contact Lens Maker Alcon's Has New Growth Avenues, Analyst Upgrades Stock
Alcon's recent upgrades and promising opportunities, including the BELKIN Vision acquisition, expanding glaucoma treatment options, enhanced PanOptix IOL, and market advancements in China.
Penn Entertainment Analyst Predicts Gaming Turnaround Through ESPN Partnership
PENN Entertainment acquired Barstool Sports through transactions in 2020 and 2023 to get a foothold in the sports betting business.
Oracle Stock Climbs On Reports Of Deal With Musk's xAI: Is There More Upside Ahead?
Oracle's stock rose on potential $10 billion deal with Elon Musk's xAI, highlighting the growing role of AI and cloud computing for the company.
Takeda's Dengue Vaccine Gets WHO Approval, Eligible for UN Procurement
Takeda's dengue vaccine, Qdenga, gains WHO prequalification, enabling UN agency procurement. Approved in multiple countries, Qdenga is recommended for children 6-16 in high dengue areas.
Best Buy's Top-Line Trends Remain Pressured, Says Analyst
BofA Securities' analyst, Robert F. Ohmes, maintains an Underperform rating on Best Buy, with a $70.00 price target. Despite expectations for first-quarter FY25 earnings on May 30, the analyst predicts a (5)% enterprise comparable sales decline, citing ongoing challenges in consumer electronics spending and modest improvements in CE & hobby retailer expenditures.
Amazon's Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth.
Crypto Traders As Socially Valuable As Escorts To Brits, Study Finds
New study reveals low social value assigned to digital economy roles in UK, highlighting disconnect between economic impact and public perception.
Uber Launches Shuttle Service, Deepens Costco Ties
Uber unveils cost-effective travel options with Uber Shuttle, catering to budget-conscious travelers. Partnering with local fleet operators, the service offers advance booking for up to five seats in high-traffic areas like airports and events. Simultaneously, its expanded partnership with Costco provides exclusive discounts to members, reinforcing Uber's commitment to affordability and customer loyalty in the competitive market.
Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.
Morgan Stanley Obtains $700M Property Loan From Blackstone Venture
Morgan Stanley (NYSE:MS) has acquired $700 million of property loans from the failed Signature Bank through a consortium, including Blackstone Inc. (NYSE: BX), Canada Pension Plan Investment Board, and Rialto Capital. Advised by Jones Lang LaSalle Inc. (NYSE:JLL), this significant move in commercial-property finance marks a notable transaction amid rising borrowing costs and declining property valuations .
Why Edible Garden Shares Are Jumping Today
Edible Garden reports 27.6% Y/Y revenue growth in Q1 FY24, led by demand for herbs and expansion into new products. EPS loss of $(13.65).
Rumble Is 'Still Looking For Q2 Revenue Improvement,' Says Analyst
Rumble Inc (NASDAQ: RUM) shares tanked after Q1 results, with improved monetization but declining engagement. Analyst maintains perform rating.
Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts
Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.
What's Going On With NVIDIA Stock Today?
NVIDIA collaborates on ORBIT-Surgical, a simulation framework for training surgical robots, ahead of its debut at ICRA.
TC Energy's NGTL Pipeline Faces Pressure Reduction Order Despite Repaired Rupture: Report
Canada Energy Regulator orders TC Energy Corp's NGTL to reduce pipeline pressure. No service interruption expected. Investigation ongoing.