Salesforce entered a definitive agreement to purchase Fin, an advanced AI-powered customer support platform formerly known as Intercom.
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Nvidia is the latest company to tap Wall Street for the AI boom it helped create.
Space-X pulled off a Goldilocks IPO on Friday, and for good measure today is adding another gain to its initial 19% rise. Here's how other high-profile IPOs did on their first day of trading, according to Dow Jones Market Data: ‘Magnificent Seven’ growth stocks Nvidia, up 64%.
Essentially, Goldman Sachs is telling AI stock investors to look past the flashy headline profits and focus on the bills that are coming due. For the better part of the past few years, investors treated the AI spending boom as a clear win for Big Tech. Nvidia’s chips continued to sell like ...
Led by top holdings like Popular, East West Bancorp and Zions, KRE ETF is in buy range as the financial ETF flashes signs of strength.
Wall Street routinely punishes companies for doing exactly what they are supposed to do: build for the long term. Adobe just learned that lesson the hard way, watching its shares slide even as it broke financial records. Adobe (ADBE) posted record revenue of $6.62 billion in its second fiscal ...
By Jonathan Stempel June 15 (Reuters) - Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its
Treasury yields and the dollar slip as President Trump and Iran agree to sign a peace deal later this week while markets brace for the first Fed meeting under Chairman Warsh. The U.S.-Iran pact is expected to restore normal oil trade through the Strait of Hormuz.
United Airlines shares are on track for a record close Monday with the market rallying on the prospects for a deal to end the Iran War. United gained 5% in morning trading to around $122. The current high-water mark for United is $117.53, which was the Jan. 6 closing price.
Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget. In Mizrahi's new role, the fashion designer, who is known for its vibrant colors and who burst on the design scene in the late 1980s, will mentor Target designers, advise on product design and innovation and bring on fresh new partnerships, the company said Monday.
At $81.27, Netflix (NASDAQ:NFLX) screens as compelling for investors researching quality growth at compressed multiples. A 39% drawdown from the all-time high has compressed one of the highest-quality compounders in media to a forward multiple that finally looks reasonable, just as the advertising business approaches scale. Netflix runs the world’s largest paid streaming service with ... Buy, Hold, or Sell: Dropping 39% From Its All-Time High Under a Hawkish New Fed, Is Netflix an Absolute Buy a
Lachlan Murdoch calls the $22 billion Roku acquisition a defining moment for FOX, pairing live sports and news with America's top streaming platform.
The agreement follows Tripadvisor’s move in February 2026 to explore options for TheFork.
Legendary trader Victor Sperandeo says investors are too focused on whether the Federal Reserve cuts the fed funds rate and not focused enough on what happens to the Fed's balance sheet.
Adobe stock has sunk despite a better-than-expected Q2 and raised future guidance. But the options market believes ADBE shares will tumble further as the year unfolds.
The long-awaited public debut of SpaceX has become one of the most significant events in modern market history.
The SpaceX IPO has sent a clear signal to markets.
With the 10-Year Treasury yielding 4.48% and the Fed signaling more cuts ahead, income investors are hunting for yield that compounds. Bristol Myers Squibb (NYSE:BMY) offers a 4.39% yield backed by 94 consecutive years of dividend payments. The pharma giant is rebuilding around a Growth Portfolio (Eliquis, Camzyos, Breyanzi) while legacy drugs face generic erosion. ... A Dramatic Shift in Fed Policy Just Unlocked a New Era for Bristol Myers Squibb
Remember when a $1 trillion market cap was a big deal?
SpaceX's IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
A CNBC segment that ran last week opened with a sentence you do not normally hear from a buyer. “It’s stupid. It’s unreasonable… The valuation is really, really aggressive, in my opinion,” said Marvin Jung, a regional director of operations in veterinary care. Then he told CNBC he had requested roughly 1,000 shares of SpaceX ... Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation
At $366.81, Lam Research (NASDAQ:LRCX) trades in a zone where valuation and momentum are in tension. The stock has rocketed 20.95% in the past week as softer rates and a fresh Fed posture reset risk appetite across semicap. Lam designs deposition and etch tools for leading-edge logic, high-bandwidth memory, and 3D NAND. Q3 FY26 revenue ... Buy, Hold, or Sell: Lam Research Rocketed 21% Off Its June Lows as a New Fed Begins. Is LRCX Worthwhile at $366?
Salesforce says it wants to use Fin's team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks.
Investing.com -- On Monday, analysts at Wolfe Research described management's tone on a pre-quiet period call with AMD as constructive, saying there is "substantial room for upside to consensus for both CY26 and 27" driven by incremental CPU strength and the potential for additional gigawatt-scale MI450 customers.
On this episode of Stock Movers with Alexis Christoforous: - Roku (ROKU) is higher while Fox (FOX) is declining on news Fox agreed to acquire Roku in a deal that values the streaming video platform at about $22 billion including debt. - United Airlines (UAL) is surging with airlines stocks up around 4% ahead of the open after the U.S. and Iran reached an interim peace deal. - Coinbase (COIN) and Robinhood (HOOD) are following Bitcoin higher amid broader risk appetite with the US-Iran interim deal.
SpaceX was the largest IPO in history surpassing $2.1 trillion market cap
SpaceX raised $85.7 billion in its IPO, the company said in a press release Monday. That’s up from the $75 billion that SpaceX initially sold in its public offering on Friday. The additional proceeds come from underwriters exercising their so-called “green-shoe option,” an overallotment of 83.
HD's positive comps, Pro momentum and digital growth signal early stabilization despite housing pressures and softer discretionary demand.
Comtech Telecommunications (NASDAQ:CMTL) said its fiscal third-quarter results reflected continued progress in its turnaround plan, as the company announced an agreement to sell most of its Satellite and Space Communications business to Gilat for $157.5 million and refocus around its public safety t
PowerFleet (NASDAQ:AIOT) said fiscal 2026 marked a major step in its post-combination strategy, with management pointing to stronger recurring revenue growth, higher profitability, improved cash flow and a reduced leverage profile during the company’s fourth-quarter and full-year earnings call. Chi