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Citi resets Intel stock price target for the rest of 2026
TheStreet110d agoneutral
Citi resets Intel stock price target for the rest of 2026

Atif Malik ranks third among more than 12,000 analysts tracked by TipRanks. He has an 80% success rate and an average return of 46.7% per rating over a one-year timeframe. When he publishes a note built on a new market model, Wall Street pays attention. On May 18, he published one on Intel. And the ...

Associated Press110d agoneutral
How major US stock indexes fared Monday 5/18/2026

Oil prices and stock markets worldwide kept swinging with uncertainty about what will happen with the Iran war. The S&P 500 swiveled between gains and losses in the morning before ending 0.1% lower Monday, its second straight drop since setting an all-time high last week. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite fell 0.5%.

Wells Fargo settles lawsuit alleging hiring, lending discrimination
American Banker110d agobearish
Wells Fargo settles lawsuit alleging hiring, lending discrimination

The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.

Key moments in the Musk vs OpenAI trial
Reuters110d agoneutral
Key moments in the Musk vs OpenAI trial

Elon Musk failed to convince a jury on Monday that OpenAI's CEO Sam Altman and President Greg Brockman broke their agreement to maintain the maker of ChatGPT as a nonprofit to benefit humanity. The jury decided Musk waited too long to sue. Musk had sought about $150 billion in damages from OpenAI and Microsoft, ‌a major investor, to be paid to OpenAI's nonprofit.

Lululemon Is Urging Shareholders to Reject Chip Wilson’s Slate of Directors
The Wall Street Journal110d agoneutral
Lululemon Is Urging Shareholders to Reject Chip Wilson’s Slate of Directors

Lululemon’s push came after founder Chip Wilson earlier this month escalated his proxy fight against the company, outlining a series of pillars he said its board has neglected, such as focusing on core consumers, improving merchandising and in-store execution, and increasing marketing and product-development spending.

Exclusive-Meta lays out plans for May 20 restructuring in internal document
Reuters110d agobearish
Exclusive-Meta lays out plans for May 20 restructuring in internal document

Meta detailed its layoff plans for this week in a ‌memo shared with employees on Monday, saying ‌cuts to 10% of its workforce globally would be accompanied by ​a new round of organizational changes aimed at improving the company's AI workflows. The Facebook owner is planning to lay off 10% of its employees on Wednesday, with notifications ‌going out in ⁠three batches globally at 4 a.m. local time, according to the memo, seen by ⁠Reuters. In the memo, Meta's head of human resources, Janelle Gale, told employees that "many leaders will announce org changes" ​in coordination ​with the layoffs.

Nvidia CEO says he believes China market will open over time
Reuters110d agoneutral
Nvidia CEO says he believes China market will open over time

Nvidia CEO ‌Jensen Huang said on ‌Monday that he believes China's market ​will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump on ‌a trip ⁠to China last week. Nvidia has received licenses from ⁠the U.S. government to sell its H200 chips ​but has ​not received ​approval from ‌Chinese officials who are fostering China's own chip suppliers. Trump's talks with Chinese President Xi Jinping produced no immediate ‌breakthrough for Nvidia ​to sell H200 ​chips.

Nvidia CEO says he believes China market will open over time
Reuters110d agoneutral
Nvidia CEO says he believes China market will open over time

Nvidia CEO ‌Jensen Huang said on ‌Monday that he believes China's market ​will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump on ‌a trip ⁠to China last week. Nvidia has received licenses from ⁠the U.S. government to sell its H200 chips ​but has ​not received ​approval from ‌Chinese officials who are fostering China's own chip suppliers. Trump's talks with Chinese President Xi Jinping produced no immediate ‌breakthrough for Nvidia ​to sell H200 ​chips.

Investing.com110d agobearish
Musk loses lawsuit against OpenAI and Altman

Investing.com -- A U.S. jury on Monday found OpenAI not liable in a lawsuit filed by Elon Musk, who claimed the artificial intelligence company had abandoned its original mission to benefit humanity.

Musk loses blockbuster OpenAI suit as jury says too late
AFP110d agoneutral
Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to OpenAI CEO Sam Altman and ending one of Silicon Valley's most closely watched courtroom battles.The jury in Oakland federal court found that Musk's claims against Altman, OpenAI President Greg Brockman, The OpenAI Foundation and Microsoft were barred by relevant statutes of limitations, rejecting the billionaire's core arguments.

Bloomberg110d agoneutral
Dimon, Solomon to Meet With Mamdani as Mayor Pushes Higher Taxes

(Bloomberg) -- Zohran Mamdani was set to hold individual meetings with Jamie Dimon, chief executive officer at JPMorgan Chase & Co., and Goldman Sachs Group Inc. CEO David Solomon, as New York City’s democratic socialist mayor seeks to build relations with the business community. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran F

Bloomberg110d agoneutral
Uber Boosts Stake in Delivery Hero, Says No Takeover for Now

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

How Nvidia Stock Can Hit $300 After Earnings
Barrons.com110d agoneutral
How Nvidia Stock Can Hit $300 After Earnings

Nvidia stock has lost some momentum recently, but analysts believe the chip maker can reassert its dominance in artificial-intelligence processors when fiscal first-quarter earnings arrive this week. D.A. Davidson analyst Gil Luria also raised his target price to $300, from $250.

Elon Musk loses court battle against OpenAI
Yahoo Finance110d agoneutral
Elon Musk loses court battle against OpenAI

A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.