Reported 3 months ago
Elon Musk has expressed opposition to Donald Trump's ambitious spending bill, citing concerns over its potential to increase the budget deficit and undermine his Department of Government Efficiency's initiatives. Musk is not alone, as several of Trump's Silicon Valley allies have also criticized the bill due to its hefty price tag and perceived fiscal irresponsibility. Despite some support for certain provisions, the overall sentiment within tech circles appears to be growing wariness of the bill, reflecting a broader voter opposition revealed in recent surveys.
Source: YAHOO
Reported 3 months ago
Apple is encountering significant difficulties as it approaches 2025, dealing with calls for domestic iPhone production from President Trump, escalating tariffs on products from China, ongoing antitrust disputes, and delays in advancing its artificial intelligence initiatives. These challenges have put Apple in a difficult position as it prepares for its annual developer conference, raising concerns about its competitiveness in the rapidly evolving tech landscape.
Source: YAHOO
Reported 3 months ago
Nvidia is set to release its first quarter earnings report on May 28, marking a vital moment for the company, which has become a leader in the AI chip market. Following a robust earnings season for many corporations, Nvidia's results will significantly impact investment sentiment and may influence the broader market, as it continues to dominate the AI sector with substantial contributions from major tech firms. Analysts remain cautiously optimistic, weighing expectations for Nvidia's performance against competitive pressures and geopolitical factors.
Source: YAHOO
Reported 3 months ago
Wendy's has opened 28 new restaurants across 18 states in the U.S. in 2025 as part of its global expansion plan, which includes a total of 74 new locations worldwide. The fast food chain aims to strengthen its presence and enhance customer access to its popular menu items while supporting community growth.
Source: YAHOO
Reported 3 months ago
Dick's Sporting Goods is set to acquire Foot Locker for $2.4 billion while maintaining its profit forecast for the year. Analyst David Swartz believes Dick's is securing the deal at a fair valuation despite previous concerns about overvaluation of its stock. He acknowledges Foot Locker's weaker business performance but sees potential benefits from the acquisition.
Source: YAHOO
Reported 3 months ago
In a revealing call to 'The Ramsey Show,' a woman shared how she and her husband lost over $300,000 through day trading, despite their household income being only $38,000. The husband, recently diagnosed with bipolar disorder, started trading during a manic episode, leading to financial devastation after liquidating an inherited IRA. Dave Ramsey criticized the couple's trading approach, likening it to gambling and stressing the importance of avoiding further risks. The episode serves as a sobering reminder of the dangers of active trading amid personal turmoil.
Source: YAHOO
Reported 3 months ago
Golden Goose Group SpA achieved an 11% increase in revenues to €164.5 million during Q1, driven by strong direct-to-consumer sales which rose 19%. The brand expanded its global presence with new store openings, including a unique pop-up shop in London and an experiential store in New York's Meatpacking District. Despite market volatility, Golden Goose remains focused on maintaining growth and enhancing brand value, while preparing for potential public offerings when conditions improve.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Informatica Inc. (NYSE: INFA) has been added to D.A. Davidson's STAMPEDE list following Salesforce's announcement of a planned acquisition valued at $8 billion. Despite a neutral rating and an $18 price target by analyst Gul Luria, the addition signifies Informatica's potential as a special situation investment. The firm maintains that, although the acquisition is likely to succeed, investors may find better opportunities among other AI stocks with higher upside potential.
Source: YAHOO
Reported 3 months ago
Aurora Innovation Inc. (NASDAQ:AUR) is gaining traction in the autonomous trucking sector, with Cantor Fitzgerald analyst Andres Sheppard reaffirming an 'Overweight' rating and a $12 target price. The company has reportedly become the first to operate a commercial self-driving service in the U.S., surpassing 3 million cumulative miles with its technology. Aurora's low asset intensity and favorable regulatory environment position it for rapid scaling, aided by its partnership with Continental. While AUR shows promise, some analysts believe other AI stocks may offer better returns.
Source: YAHOO
Reported 3 months ago
CoreWeave, Inc. (CRWV) shares rose 157% since its IPO, prompting MoffettNathanson to raise its price target to $56 while maintaining a 'Neutral' rating. Despite strong demand for AI infrastructure, the analyst warns that the stock's rally does not reflect any substantial changes in company fundamentals and suggests that trading based on this surge may be risky.
Source: YAHOO
Reported 3 months ago
This article highlights two undervalued tech stocks, Criteo and Hewlett Packard Enterprise, as poised for a bull run despite recent market challenges. Criteo has seen a significant increase in free cash flow, creating an opportunity despite its stock depreciation. Hewlett Packard Enterprise, a key player in the AI market with a longstanding history, is also trading at an attractive valuation compared to its competitors. Both stocks are positioned well for long-term gains and warrant attention from investors.
Source: YAHOO
Reported 3 months ago
UBS Group AG has upgraded Rivian Automotive, Inc. (NASDAQ:RIVN) price target to $13, maintaining a 'Neutral' rating while highlighting the company's long-term potential, particularly with the upcoming R2 model launch in 2026. Despite current challenges in the electric vehicle market, UBS sees opportunities for growth as consumer interest in Rivian increases.
Source: YAHOO
Reported 3 months ago
Cantor Fitzgerald analyst Thomas Blakey has reiterated a 'Neutral' rating on Elastic N.V. (NYSE:ESTC), assigning a price target of $109 amid concerns that the company's fiscal year 2026 revenue guidance may fall short of expectations. Despite a strong 12-month revenue growth of 17.95% and a total revenue of $1.43 billion, analysts predict a decline in cloud revenue growth and new business generation. Investors are advised to remain cautious as the company plans to invest significantly in AI.
Source: YAHOO
Reported 3 months ago
Susquehanna has reduced its price target for Marvell Technology, Inc. (MRVL) from $110 to $90 but continues to hold a 'Positive' rating ahead of the company's upcoming earnings report. The firm anticipates results in line with expectations despite concerns about variability in deployment volumes and lower sentiment surrounding XPUs. Marvell's strong demand from data centers is noted, although challenges such as modest revenue guidance could limit its potential in the competitive AI market.
Source: YAHOO
Reported 3 months ago
Cantor Fitzgerald分析师Andres Sheppard重申对特斯拉(TSLA)的“增持”评级,并设定355美元的目标价。他的乐观态度源于特斯拉计划于6月底在奥斯丁推出全自动的机器人出租车。尽管面临宏观经济挑战,特斯拉在自动驾驶技术和机器人计划方面仍被看好,公司预计将获取显著的市场份额和收入。
Source: YAHOO
Reported 3 months ago
Salesforce, Inc. (CRM) has received a resounding endorsement from Wedbush analyst Daniel Ives, who maintains an 'Outperform' rating with a target price of $425. This news comes on the heels of Salesforce's strategic acquisition of Informatica, aimed at enhancing its AI capabilities. The acquisition is seen as timely, given Informatica’s extensive customer base and its potential to elevate Salesforce's AI strategy and customer acquisition efforts, positioning CRM as a prominent player in the AI stock market.
Source: YAHOO
Reported 3 months ago
Piper Sandler has reaffirmed Nvidia Corporation (NVDA) as 'Overweight' and set a price target of $150, encouraging investors to maintain their positions ahead of the upcoming earnings report. Despite potential revenue challenges from macroeconomic factors and a chip ban, analyst Harsh Kumar remains optimistic about Nvidia's long-term growth, particularly in high-performance computing. The firm believes the negative news cycle may be nearing its end this year, making NVDA a significant player among AI stocks on Wall Street.
Source: YAHOO
Reported 3 months ago
Analyst Deepak Mathivanan from Cantor Fitzgerald maintains a 'Neutral' rating on Alphabet Inc. (GOOGL), setting a price target of $171, as the company's stock has recently outperformed the Nasdaq. Following the I/O conference, which unveiled significant developments like the launch of AI Mode for U.S. search users and new subscription tiers, the sentiment around Alphabet's shares appears increasingly positive. Despite some products taking time to adopt, the firm senses a heightened urgency at GOOGL to enhance its AI capabilities, positioning it favorably in the competitive landscape.
Source: YAHOO
Reported 3 months ago
This article highlights four stocks—Amazon, Shopify, MercadoLibre, and SoFi Technologies—that are positioned for significant growth over the next 20 years. Each company operates in booming sectors such as e-commerce and digital finance, showing strong market potentials. While recent market volatility may tempt investors to sell, holding onto these long-term winners could prove highly rewarding.
Source: YAHOO
Reported 3 months ago
Abercrombie & Fitch's stock rose 25% following the retailer's better-than-expected first-quarter results, with net sales hitting $1.10 billion, surpassing estimates of $1.07 billion. Highlights include a 23% sales increase for its subsidiary Hollister, which has regained popularity among teens seeking retro styles. However, the company has lowered its annual profit forecast due to the impact of tariffs on imports.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
As Generation Z becomes a major consumer group, their engagement with the insurance market remains low, with only a small percentage purchasing essential products like renters and life insurance. Factors contributing to their reluctance include distrust of traditional financial institutions, economic pressures, and a lack of understanding about insurance's value. Insurers have the opportunity to reconnect with this demographic by adapting their offerings to meet digital expectations and providing relatable education on insurance benefits.
Source: YAHOO