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On May 29, Bank of America reiterated its Buy rating and raised its price target to $390 from $375 for MongoDB (MDB), arguing that the company's latest results reinforce the view that MongoDB remains a "share gainer" in the next-generation database market. BofA pointed to stronger-than-expected ...
Wall Street has a comfortable habit when it comes to memory chips. For 40 years, analysts treated companies like Micron the way you'd treat a fishing boat: useful, occasionally lucrative, but always at the mercy of a tide nobody controls. Prices boom, everyone piles in, supply floods the market, ...
Blue Origin's New Glenn rocket exploded during a hot-fire test, and Elon Musk had some thoughts about it as SpaceX heads toward what could be the biggest IPO yet.
NetApp (NTAP) stock jumped about 22% on May 29 after reporting strong fourth-quarter earnings and raising expectations for FY2027. Morgan Stanley responded by lifting its price target from $88 to $137, citing growing evidence that enterprise AI spending is beginning to translate into real storage ...
Inflation has a way of turning economics into personal finance. For retirees living on fixed incomes, every increase in the price of groceries, gasoline, utilities, and healthcare stretches a monthly Social Security check a little further than it was designed to go. And after years of inflation shocks, Americans are once again watching prices climb. ... Trump and Kevin Warsh Plan a Huge Giveaway to Retirees. There’s Only One Problem
Inflation may be one of the few issues capable of uniting Americans across party lines. Voters can argue endlessly about tax policy, government spending, tariffs, or regulation. But when the cost of groceries, gasoline, and housing starts climbing faster than paychecks, political loyalties often take a back seat to household budgets. That’s because inflation isn’t ... Bidenflation Hit Harder, but Trumpflation May Last Longer
(Bloomberg) -- The dominance of a few technology giants in the benchmark S&P 500 Index is now carrying over into the niche market for dividend futures and options. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceThe bigg
Jerome Powell's successor wants to lead a reform-oriented central bank, but this can prove disastrous for the stock market.
These 3 Dividend Kings combine decades of dividend growth with strong fundamentals, recession resistance, and long-term income potential
Investing.com -- A sharp jump in long-term U.S. Treasury yields has raised questions about whether higher interest rates could undermine the stock market’s advance, though investors have so far looked past the move as earnings and AI-driven growth continue to support sentiment.
Pfizer said Sunday its Braftovi-tied regimen nearly doubled the length of time colon cancer patients lived without getting sicker.
Lawmakers and some investors are warning about the growing reliance of US pharmaceutical companies on China, raising the prospect of national...
After years of guessing, SpaceX finally showed its cards last week.
Palo Alto Networks is set to report earnings Tuesday afternoon, with traders expecting a sizable move in the cybersecurity stock that could push it to new highs.
The May nonfarm payrolls report and Broadcom earnings will be in focus for investors this week.
Monday - US Markets Closed for Memorial Day Cognex Corp. What happened? On Tuesday, JPMorgan upgraded Cognex Corporation (NASDAQ:CGNX) to Overweight with $75 price target. *TLDR: JPMorgan: Buy Cognex for AI growth. What’s the full story? JPMorgan is upgrading Cognex to Overweight, bumping the price target to $75. Why? Because the firm is betting 35 times its FY27 adjusted EBITDA estimate that if you slap "proprietary AI-enabled solutions" onto factory vision tech, the customer base doubles and e
Jeff Bezos and Elon Musk both faced challenges this past week in the race to make their sci-fi dreams a reality.
This one thing may determine what the stock market does next.
Investing.com -- Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. (MGC) is seeking to raise as much as 3 billion riyals ($799 million) through an initial public offering in Riyadh, according to a statement cited by Bloomberg on Sunday.
The company went public in the first quarter and revealed outstanding Q1 sales growth.
Chevron didn't have a great quarter on the earnings front, but that masked the business's fundamental strength.
With artificial intelligence winners and losers changing places so quickly, it isn’t just about where to invest, but also when.
Nvidia (NVDA) stock is up about 15.44% year to date, at the time of writing, Friday afternoon, May 29. Meanwhile, the SPDR S&P 500 index (SPY) is up about 11.06% in the same period. While the stock has outpaced the S&P 500, its growth is lagging that of other semiconductor companies that ...
SpaceX wants to make more money from Starlink, and has found two new ways to do so.
Investing.com -- Brazil’s government extended measures aimed at limiting fuel price increases for an additional two months, keeping subsidies and tax relief programs in place through July 31, Bloomberg reported on Saturday.
Veteran investor Cathie Wood once again executed one of the hottest trades on Wall Street when she trimmed her holdings in a surging crypto stock to buy a top defense stock. On May 29, Wood's investment firm ARK Invest sold 144,218 shares of Robinhood Markets (Nasdaq: HOOD). Founded by Stanford ...
Every technology that mints a new fortune tends to make an enemy somewhere else. The railroads did it. The factory floor did it. Artificial intelligence (AI) is doing it now, and the backlash is showing up in places Wall Street doesn't usually watch. For two years, the only AI story most investors ...
Learn how much money SpaceX is (or isn’t) making from rocket launches and AI in anticipation of the company’s upcoming IPO.
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