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Major ice cream brand files Chapter 11 bankruptcy after lawsuit
TheStreet3h agobearish
Major ice cream brand files Chapter 11 bankruptcy after lawsuit

Enjoying a serving of frozen dessert on a hot summer day, or at any time for that matter, has grown in popularity as ice cream store industry growth rose by 5.8% to $7.4 billion in the five years through 2025, according to IBISWorld. The industry grew by 0.9% in 2025 alone. Ice cream company ...

5-star analyst sets jaw-dropping Micron stock price target for 2026
TheStreet7h agobearish
5-star analyst sets jaw-dropping Micron stock price target for 2026

Micron (MU) stock traded around $966 on August 14, according to Yahoo Finance, extending a sharp snapback that pushed its shares back to the psychologically important $1,000 level. Investors are weighing a couple of different signals. For perspective, Micron stock has more than tripled this year, ...

Cathie Wood sells $11.6 million of surging tech stock
TheStreet8h agobearish
Cathie Wood sells $11.6 million of surging tech stock

Cathie Wood, chief of Ark Investment Management, often locks in gains when her favorite tech stocks surge. That's what she's doing with Palantir Technologies (PLTR), trimming her position after the stock jumped more than 30% over the past month, fueled by a sharp post-earnings rally. Last year, the ...

What Does Bristol Myers Squibb (BMY) Risk From The Revived $6.7 Billion Lawsuit?
Simply Wall St.9h agobearish
What Does Bristol Myers Squibb (BMY) Risk From The Revived $6.7 Billion Lawsuit?

Bristol Myers Squibb (NYSE:BMY) is facing a revived US$6.7b lawsuit after a federal appeals court reinstated claims tied to its Celgene acquisition. Plaintiffs allege the company deliberately delayed FDA approval of certain drugs to avoid paying contingent value rights owed to former Celgene shareholders. The appeals court decision brings renewed legal and financial uncertainty related to how the Celgene transaction was structured. For more context on how legal and regulatory risks can...

Coinbase (COIN) Stock Still Looks Overvalued Despite New York Probe
Simply Wall St.10h agobearish
Coinbase (COIN) Stock Still Looks Overvalued Despite New York Probe

Coinbase Global stock is coming off a difficult stretch, with the share price down sharply over the past year even though it is still up strongly over three years, and the current valuation checks lean toward the stock looking expensive rather than like a bargain. Coinbase Global has returned about 103% over the past 3 years, which keeps the longer term story positive even though more recent returns have been weak. Moves to build regulated tokenization and trading hubs in Abu Dhabi and the...

Figure Technology Solutions (FIGR) Stock Looks Overvalued As Earnings Trail A 28% Drop
Simply Wall St.12h agobearish
Figure Technology Solutions (FIGR) Stock Looks Overvalued As Earnings Trail A 28% Drop

Figure Technology Solutions stock has fallen about 28.1% year to date, yet still screens as expensive on the broad valuation checks. That combination raises questions about whether the recent share price still builds in optimistic expectations that the fundamentals have not clearly backed up. Year to date, the share price is down 28.1%, which suggests the market has cooled on the story after earlier optimism. The investment case can benefit if Figure Technology Solutions converts its...

What Does Intuitive Machines (LUNR) Winning A Missile Defense Contract Mean?
Simply Wall St.20h agobearish
What Does Intuitive Machines (LUNR) Winning A Missile Defense Contract Mean?

Intuitive Machines (NasdaqGM:LUNR) has been selected as a key supplier for L3Harris Technologies’ Accelerated Missile Defense Tranche 3 mission. The company will provide 18 spacecraft platforms that form part of U.S. space-based missile defense infrastructure for homeland defense and hypersonic missile tracking. The contract expands Intuitive Machines’ role within a core national security program and broadens its exposure to the defense market. For readers tracking how specialized space and...

Is Boston Scientific (BSX) Still Undervalued After A 50% Fall?
Simply Wall St.1d agobearish
Is Boston Scientific (BSX) Still Undervalued After A 50% Fall?

Boston Scientific stock has fallen about 50% over the past year, yet valuation checks and an intrinsic value estimate based on a Discounted Cash Flow (DCF) approach both suggest the shares may be trading below what the fundamentals imply. That gap between weak recent returns and an undervalued read is now front of mind for anyone looking at the current US$51.83 share price. Over the last 12 months, Boston Scientific has declined 49.8%, which puts recent investor sentiment and the current...