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Investing

Investing

JPMorgan cuts Netflix rating, citing balanced risk-reward post-rally; stock falls

Shares of Netflix fell over 2.3% in premarket trading Monday after JPMorgan downgraded the streaming giant to “neutral” from “overweight”, even as…
Investing

Bitcoin ETF open interest dips 5% to $29.47B as BTC holds near $102.9K

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $260.27 million, extending a trend of positive capital movement into digital asset…
Investing

Stephanie Link reveals her favourite retail stocks after April inflation data

US retail stocks are in focus this week after the Bureau of Labour Statistics said that inflation was up slightly less-than-expected in…
Investing

Top S&P 500 Index stocks to watch: PANW, HD, TGT, INTU, ADSK

The S&P 500 Index continued its strong rally last week, rising to a high of $5,958, its highest point since March 3….
Investing

Moody’s stock price is rising, but chart points to a pullback

Moody’s stock price has bounced back in the past few weeks, mirroring the performance of most companies in Wall Street. MCO, which…
Investing

Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?

Archer Aviation Inc (NYSE: ACHR) has been named the official air taxi provider for the LA28 Olympics. Shares of the eVTOL company…
Investing

Why this investment bank sees more than 30% upside on Meta

Investment banking firm Loop Capital maintained its bullish stance on Meta platforms with a target price of $888. This indicates a 38%…
Investing

Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

The global weight-loss drug market, once dominated by Novo Nordisk, is undergoing a dramatic transformation. On Friday, the Danish pharmaceutical giant announced…
Investing

What made Cox Communications say ‘yes’ to a buyout after years of resistance?

Cox Communications has been a potential takeover target for years. But despite several attempts from multiple suitors, the company always remained steadfast…
Investing

Charter, Cox to merge in mega deal to counter streaming and wireless giants

Charter Communications has agreed to acquire privately held Cox Communications for $21.9 billion, combining two of the largest cable and broadband providers…
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