News

Hewlett Packard Enterprise has benefited greatly from the massive demand for the hardware needed to power artificial intelligence, and Morgan Stanley doesn’t think the demand will slow down soon. Morgan Stanley analyst Erik Woodring upgraded shares of HPE to Overweight from Equal-Weight on Monday while raising his price target to $71 from $69. The upgrade comes after HPE shares have soared 130% this year and 169% over the past 12 months.

Berkshire Hathaway stock could have even more upside. Investors have been reacting favorably to some key aspects of the company’s second-quarter earnings report.

Intel is using its powerful turnaround rally to finance an increasingly expensive attempt to become a major contract-chip manufacturer.

PEP's U.S. foods business is regaining volume growth as affordability moves and portfolio changes take hold, but staying power remains the key test.

The downgrade puts Apple's innovation pipeline, component costs and premium-device strategy under a harsher spotlight before its next iPhone launch.

Teledyne Technologies (TDY) has agreed to acquire X-ray imaging components manufacturer Varex Imagin

Alphabet (GOOG, GOOGL) shares made headlines recently after the company’s AI division saw a series of high-profile departures. Gene Munster, managing partner at Deepwater Asset Management, recently said on CNBC that the brain drain at Google should not be ignored, arguing that the departures of key AI researchers could have implications beyond the headlines. Munster […]

The chipmaker will use proceeds for AI-driven capital spending and working capital

Although Fiserv has underperformed the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s prospects.

CPI Card Group is the bargain-priced credit card stock you've never heard of.

A single Chinese headline erased weeks of gains from one of the semiconductor world's most irreplaceable companies, but Wall Street's most bullish analysts are treating the dip as a gift. Here is why the bear case just got harder to make.

IBKR's July trading activity and account growth surged, supported by market volatility, low costs and global expansion.

Immunocore's Kimmtrak growth and late-stage catalysts strengthen its case, but a premium valuation and single-product risk raise the stakes.

GameStop may instead pitch a partnership

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Monday.com stock had a volatile July. Here's what drove the 20% gain and why the bumpy ride isn't over yet.

The only fresh operating news of the week does not come online for another two years.

Immunocore's Q2 revenue beat reflects strong Kimmtrak demand, but an EPS miss and distributor stocking headwind cloud the near-term outlook.

Intel's turnaround now carries a bigger shareholder tradeoff

The European stock markets closed mixed in Monday trading as investors continue to gauge development

Warner Bros. Discovery's Q2 earnings beat estimates as streaming growth and margin gains offset steep weakness in Studios and Global Linear Networks.

Developer adoption could help justify massive infrastructure spending

Deal highlights rising scarcity value of global sports franchises

Devon Energy just hiked its dividend 33%, but Exxon has a higher yield and more impressive dividend history.