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Exec Edge89d agoneutral
Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq

Watch the interview below, or Click HERE: Tech Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ann Bowering, CEO, Issuer Services, North America at Computershare Limited (ASX: CPU.AX). The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how large IPOs are bringing more retail investors into public markets, ways […] The post Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq appeared first o

Morgan Stanley resets Monster stock price target after earnings
TheStreet89d agoneutral
Morgan Stanley resets Monster stock price target after earnings

Monster Beverage (MNST) just earned another vote of confidence from Wall Street, and the reasoning behind it tells investors more than the new price tag does. Morgan Stanley lifted its target on the energy drink giant and kept its bullish rating in place. The size of the increase is small. The ...

Exclusive-Meta scales back plan for internal mouse-tracking tech, citing staff concerns
Reuters89d agoneutral
Exclusive-Meta scales back plan for internal mouse-tracking tech, citing staff concerns

Meta is dialing back elements of its plan to collect employee mouse movements, keystrokes and other actions ‌for use as AI training data, it said in an ‌internal memo on Tuesday, following weeks of angry pushback from staffers. New controls will allow ​employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative, according to the memo, authored by Stephane Kasriel, a vice president in Meta's AI model-building Superintelligence Labs ‌unit. A Meta spokesperson declined to comment.

Top economist issues stark warning as Bitcoin crashes
TheStreet89d agobearish
Top economist issues stark warning as Bitcoin crashes

Bitcoin's sell-off deepened on June 2, falling below $67,000 and dropping roughly 13% over the previous seven days, per TradingView. The slide followed Strategy's first Bitcoin sale in years, a long run of outflows from U.S. spot Bitcoin ETFs, and the movement of roughly $739 million worth of ...

Pizza Hut has a $100 million AI problem
TheStreet89d agoneutral
Pizza Hut has a $100 million AI problem

While Yum Brands has been pursuing a sale of the Pizza Hut Brand, the struggling pizza purveyor has been sued by one of its largest franchise operators. Chaac Pizza Northeast, which operates more than 110 Pizza Hut locations across New York, New Jersey, Maryland, Pennsylvania and Washington, D.C., ...

'Nobody wants to be left behind' in AI adoption: HPE CEO on Q2 earnings
Yahoo Finance Video89d agoneutralVIDEO
'Nobody wants to be left behind' in AI adoption: HPE CEO on Q2 earnings

Hewlett Packard Enterprise (HPE) is holding onto major gains ahead of Tuesday's close after topping fiscal second quarter estimates for adjusted earnings ($0.79 per share vs. forecasts of $0.54) and revenue ($10.68 billion vs. forecasts of $9.74 billion). The tech company's stock moves are driven by the growth of its AI server business, now being considered a new contender in the AI infrastructure race. HPE CEO Antonio Neri sits down with Yahoo Finance Executive Editor Brian Sozzi to talk more about the earnings results, 2027 guidance, AI infrastructure, and supply constraints. This was HPE's biggest earnings beat seen since 2018, on top of record revenue.

Tesla bull drops blunt take on gold rival
TheStreet89d agobearish
Tesla bull drops blunt take on gold rival

Tesla bull Ross Gerber just took a sharp swing at Bitcoin (BTC). This comes at a time when "king crypto" has slipped below its $70,000 mark for the first time since April, while its rival, gold, continues to hold the fort in green. Gerber is the co-founder and CEO of Gerber Kawasaki Wealth ...

5-star analyst resets Google stock price target on key move
TheStreet89d agoneutral
5-star analyst resets Google stock price target on key move

Two years ago, Wall Street was asking whether AI would destroy Google Search. The question drove real anxiety among Alphabet investors and pushed some analysts to cut targets. The data Piper Sandler just published suggests that question may have been the wrong one entirely. The right question, it ...

HIVE Digital posts record 158% revenue jump in fiscal 2026
TheStreet89d agobullish
HIVE Digital posts record 158% revenue jump in fiscal 2026

HIVE Digital Technologies more than doubled its revenue in fiscal 2026, reporting $297.8 million for the year ended March 31. Revenue increased 158% from the previous year as the company expanded both its Bitcoin mining operations and artificial intelligence infrastructure business. HIVE, ...

Victoria's Secret soars 50% as turnaround powers upbeat forecasts
Reuters Videos89d agobullishVIDEO
Victoria's Secret soars 50% as turnaround powers upbeat forecasts

<body><p>STORY: Shares of Victoria's Secret soared about 50% to a record high and were set for their best day ever on Tuesday, after the lingerie retailer posted blockbuster quarterly earnings and raised its annual forecasts.</p><p>Revenue grew by double digits in the quarter across its brands, which include Pink, targeting younger women, and its line of beauty products, including perfumes and lotions.</p><p>As a result, Victoria's Secret boosted its annual net sales and operating income estimates.</p><p>The upbeat forecasts underscore CEO Hillary Super's efforts to stem several years of declining sales - and activist pressure - by reining in discounting and leaning back into its former "sexy" image.</p><p>:: Victoria's Secret</p><p>:: VSXY</p><p>:: Archive</p><p>Those efforts include reviving its popular runway show after a six-year hiatus and changing its ticker on the New York Stock Exchange from "VSCO" to "VSXY," saying that, quote, "sexy has always been part of our DNA."</p><p>Tuesday's earnings marked the fourth straight quarter of sales growth for Victoria's Secret, whose shares have nearly tripled in value over the past 12 months as of Monday's close.</p><p>About 19% of the company's shares are shorted, according to Ortex data, an elevated level that some analysts say could leave the stock exposed to a short squeeze.</p><p>The results also reinforced a bifurcation in U.S. consumer spending, with higher-income shoppers continuing to spend on discretionary items, while lower-income households pull back under persistent inflationary pressure and economic uncertainty.</p></body>

Americans’ Wallets Are Thinner, So PepsiCo Is Slimming Down Its Cans
The Wall Street Journal89d agoneutral
Americans’ Wallets Are Thinner, So PepsiCo Is Slimming Down Its Cans

Surging prices at the gasoline pump have consumers thinking twice about how much they are spending in the convenience store, supermarket or anywhere else. Mike Del Pozzo, president of PepsiCo’s U.S. beverages business, says one response is to shrink drink sizes.