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The board approved Ryan Cohen's request to nix the performance award, reportedly valued at $35 billion, as the company focuses on the proposed deal.

Stocks rose on Wednesday as tech stocks stabilized after a two-day sell-off and oil prices declined to their lowest level in months.

The shipping giant reported adjusted EPS of $6.31 versus expectations of $5.96, but its new calendar-year profit forecast fell short of expectations

Nutrien Ltd. (NYSE:NTR) is one of the top cheap growth stocks to get rich. Berenberg downgraded Nutrien Ltd. (NYSE:NTR) to Hold from Buy on June 10 and adjusted the price target on the stock to $65, up from $61. It told investors in a research note that the company is likely to deliver another year of […]

Ulta Beauty, Inc. (NASDAQ:ULTA) is one of the top cheap growth stocks to get rich. Argus cut the price target on Ulta Beauty, Inc. (NASDAQ:ULTA) to $550 from $615 on June 18 and reiterated a Buy rating on the shares, stating that the stock’s shares have underperformed over the past quarter, falling 13%, compared to gains […]

Accenture plc (NYSE:ACN) is one of the top high-conviction stocks to buy according to hedge funds. JPMorgan cut the price target on Accenture plc (NYSE:ACN) to $201 from $247 on June 8 and reiterated an Overweight rating on the shares. The rating update came as part of a fiscal Q3 report preview, with the firm trimming […]

PDD Holdings Inc. (NASDAQ:PDD) is one of the top high-conviction stocks to buy according to hedge funds. BofA cut the price target on PDD Holdings Inc. (NASDAQ:PDD) to $113 from $140 on June 15 and maintained a Neutral rating on the shares. The firm told investors that it lowered its 2026-27 revenue forecasts by 6% […]

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the top high-conviction stocks to buy according to hedge funds. Deutsche Bank cut the price target on Intuitive Surgical, Inc. (NASDAQ:ISRG) to $366 from $440 on June 2 while maintaining a Sell rating on the shares. The stock also received a rating update from BofA on May 12, […]

SpaceX is rapidly mutating into an overleveraged technology conglomerate as sudden debt and artificial intelligence investments dilute its aerospace premium.

GE Vernova Inc. (NYSE:GEV) is one of the top high-conviction stocks to buy according to hedge funds. GE Vernova Inc. (NYSE:GEV) introduced on June 9 the GridOS for Transmission and released two new AI whitepapers addressing grid planning and autonomous grid-edge operations. They were released at Orchestrate 2026, the company’s annual grid software conference. GridOS […]

GameStop CEO Ryan Cohen has withdrawn his large CEO Performance Award following investor backlash and a shareholder lawsuit. The decision comes as the board backs a refreshed vision focused on a proposed acquisition of eBay. GameStop plans to outline how an eBay deal could reshape its operations and long term direction. GameStop, traded as NYSE:GME, enters this news cycle with a share price of $21.08 and a mixed recent track record. The stock is down 4.0% over the past month, with a decline...

A broad market selloff pushed Musk's net worth below $1 trillion, to $957 billion, according to Bloomberg

The company will focus on growth opportunities within KFC and Taco Bell.

Nasdaq 100 futures rose 0.5% in premarket trade after a two-day semiconductor selloff, with oil also hitting its lowest level since the start of the Iran war

Microchip stocks tumbled on Tuesday, but a look at similar one-day downturns in the semiconductor sector shows such declines are often fleeting.

The company nearly doubled revenue in its first quarter as a public company, but forecast a sharp drop in gross margins for the rest of the year

The investigation by Florida’s attorney general comes as states look to check pharmacy benefit managers for allegedly driving up drug costs.

FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top EstimatesThe package delivery company reported adjusted earnings of $6.

Shares of (NASDAQ:CBRS) fell roughly 14% in premarket trading on Wednesday after the AI chipmaker delivered mixed first-quarter 2026 results, with strong revenue growth overshadowed by an earnings miss and weaker margin guidance. The company, which describes itself as the builder of “the world’s fastest AI infrastructure,” reported revenue of $193.

Alphabet to replace Verizon in Dow reshuffle, FedEx boosted by higher shipping rates, Cerebras beats expectations, and more news to start your day.

​📈 Follow our live markets data and coverage. Wharton School finance professor Jeremy Siegel, a cheerleader for staying invested as the 1990s bull market bubbled higher, made a surprising argument at the time. The boom-and-bust Nifty Fifty stocks of the early 1970s, long trotted out as a cautionary tale of falling in love with one group, weren’t so bad.

Elon Musk is no longer a trillionaire after a global rout in tech shares wiped $500bn (£379bn) off his fortune.

Elon Musk is no longer a trillionaire after a global rout in tech shares wiped $500bn (£379bn) off his fortune.

The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies. Tesla’s 5.8% drop Tuesday took Musk’s net worth to $957 billion, according to the Bloomberg Billionaires Index.

YouTube's owner, Google, has settled a lawsuit brought by a teenager suing the world's biggest social media companies over their role in the youth mental health crisis. The 16-year-old's lawyers said the terms of the settlement were confidential, but that TikTok, Snapchat, and Instagram are still set to face trial in July. Google spokesperson Jose Castaneda said‌ the lawsuit had been amicably resolved.

Global memory and AI infrastructure stocks, including Western Digital (NasdaqGS:WDC), saw a sharp selloff after a downturn in Korean memory companies. The pullback followed a period of record highs tied to AI driven demand, supply tightness, and strong risk appetite for chipmakers. The move reflects wider technology sector concerns, including valuation questions, regulatory changes, and market liquidations in South Korea. Western Digital shares were caught in the broader shift in sentiment...

Supermicro and Odine have formed a partnership to deploy and manage AI infrastructure operations in Türkiye.

In recent days, Arm Holdings has been caught in a global pullback in high-growth semiconductor and technology names, as investors shifted away from richly valued AI beneficiaries amid worries about tighter monetary policy and profit-taking after a very large year-to-date rally. At the same time, Arm’s role at the center of AI compute, from its AGI CPU traction with hyperscalers to its partnership with Meta’s Stargate project, highlights an ongoing tension between a strong business narrative...

U. S. equity futures moved modestly higher on Wednesday, with investors attempting to regain confidence after a sharp decline in technology and semiconductor stocks.

Investing.com - Micron Technology reports results after the close today, just one day after a brutal 13.2% plunge. Ahead of the open, MU is indicated roughly 4.6% higher in pre-market trading, a partial recovery that does little to settle the core question investors face tonight: is the analyst community's revenue bar of up to $35.4B simply too high?