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Investing.com66d agoneutral
Is Wall Street’s AI boom spreading to main Street?

Investing.com -- Yardeni Research said growing evidence suggests the artificial intelligence boom is extending beyond major technology companies and into the broader U.S. economy, supporting hiring, business formation, and investment despite ongoing geopolitical and inflation risks.

CVS Health Balances 340B Lawsuits With GLP 1 Growth Prospects
Simply Wall St.66d agobearish
CVS Health Balances 340B Lawsuits With GLP 1 Growth Prospects

CVS Health (NYSE:CVS) is facing lawsuits from multiple health systems that allege the company diverted hundreds of millions of dollars in savings tied to the federal 340B drug discount program. At the same time, CVS Health is expanding access to GLP-1 weight management drugs through new formulary decisions, including the reintroduction of Zepbound and removal of barriers for Foundayo. These developments come as pharmacy benefit manager practices receive increased attention from regulators...

Vertiv, Atkore, and Kimball Electronics Shares Are Falling, What You Need To Know
StockStory67d agobearish
Vertiv, Atkore, and Kimball Electronics Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after the May jobs report sent the 30-year Treasury yield above 5%, a threshold that directly increases the cost of financing the large-scale grid infrastructure, data centre power distribution, and industrial electrification projects underpinning the sector's growth story.

Why ServiceNow (NOW) Shares Are Falling Today
StockStory67d agobearish
Why ServiceNow (NOW) Shares Are Falling Today

Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) fell 5% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Why CrowdStrike (CRWD) Stock Is Falling Today
StockStory67d agobearish
Why CrowdStrike (CRWD) Stock Is Falling Today

Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4.2% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Why Oracle (ORCL) Shares Are Sliding Today
StockStory67d agoneutral
Why Oracle (ORCL) Shares Are Sliding Today

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 8% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Cloudflare (NET) Stock Trades Down, Here Is Why
StockStory67d agoneutral
Cloudflare (NET) Stock Trades Down, Here Is Why

Shares of cloud security and performance company Cloudflare (NYSE:NET) fell 5.8% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.