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Bernstein analyst Mark Newman raised his price target on SanDisk (SNDK) to $3,000 from $1,700 this week, while keeping an Outperform rating on the shares. Newman is a 5-star analyst on TipRanks, ranking 91st out of more than 12,300 Wall Street analysts with an 80% success rate on his calls. That ...
Verizon announces an international joint venture with BT Group. Here’s what the agreement means for VZ shares in the second half of 2026.
(Bloomberg) -- Bitcoin tumbled more than 3% toward $58,000 on Tuesday as investors reversed an initial vote of confidence in Michael Saylor’s financing overhaul at Strategy Inc., raising fresh concerns that one of the cryptocurrency’s biggest buyers may no longer be a consistent source of demand.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanW
U.S. officials are allowing Zyn to market itself as being less harmful than traditional cigarettes, making the product the first nicotine pouch on the market to be granted such a distinction. The Food and Drug Administration announced that 20 different Zyn nicotine pouches—including flavors ranging from cool mint to cinnamon—can carry language stating that using the pouches instead of smoking cigarettes puts users at a lower risk of mouth cancer, stroke, heart disease, lung cancer, emphysema and chronic bronchitis. Zyn nicotine pouches, a product of Swedish Match USA, which is owned by Philip Morris International are the most popular in the U.S. They were granted permission to stay on the market in early 2025, the first pouch to receive the authorization.
(Bloomberg) -- Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of
Susquehanna has filed a lawsuit seeking to unmask the traders who bet on a drop in Futu and Tiger Brokers stock.
Here’s what 45 years of data on death crosses in gold can tell us about the path ahead.
The stock market’s rally today is broadening, after all. The Nasdaq was leading the charge with a 1.3% gain, but the S&P 500 was up 0.7%. The Dow was on track for a fresh record close with a gain of 151 points, or 0.3%.
NBCU has shown interest in companies like Electronic Arts in the past and currently has a deal with Nintendo around the Super Mario Bros. franchise.
Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and March 2026.
Jack in the Box stock shot up more than 20% on Monday. The stock also faces 40% short interest, according to MarketSurge.
Costco (NASDAQ:COST) and Target (NYSE:TGT) both delivered post-earnings stories that capture the split running through American retail. Costco posted 11.6% revenue growth on the back of a membership cash engine. Target turned in a 17.03% EPS beat, yet operating income fell. With sticky June inflation and dwindling personal savings squeezing households, the contrast matters. Membership ... Costco vs. Target: One Retailer Is A Much Stronger Buy In 2026
Ford Motor is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said. The recall covers 741,195 vehicles, the National Highway Traffic Safety Administration said. Dealers will update vehicle software and inspect and replace any damaged transmission components free of charge, the NHTSA said.
General Dynamics is expected to announce its second-quarter results soon, and analysts predict a single-digit growth in the company’s bottom-line figure.
Rocket Lab's ambitious business makes each quarterly report an exciting affair.
FactSet and Google say they will co-develop finance agents and weave "agentic experiences across the investment and dealmaking life cycles."
The U.S. Supreme Court agreed on Tuesday to hear Apple's bid to escape being found in contempt in its legal fight with "Fortnite" maker Epic Games after the iPhone maker was deemed in violation of a judicial order mandating sweeping changes to its lucrative App Store in the antitrust litigation. The justices took up Apple's appeal of a lower court's ruling upholding a decision by Oakland, California-based U.S. District Judge Yvonne Gonzalez Rogers finding Apple in contempt in Epic's 2020 lawsuit contesting App Store fees. The Supreme Court is expected to hear the case in its next term, which begins in October.
Over the last six months, OneMain’s shares have sunk to $61.85, producing a disappointing 9% loss - a stark contrast to the S&P 500’s 6.1% gain. This might have investors contemplating their next move.
AeroVironment (NASDAQ:AVAV) shares surged about 15% in early trading following the company’s fiscal fourth-quarter results, as investors reacted to stronger-than-expected revenue and earnings, alongside a sharply higher backlog and upbeat defense demand outlook. AeroVironment (NASDAQ:AVAV)...
Wall Street's biggest IPO cycle in history probably won't crash the market, but it could force investors to rethink their AI portfolios as billions rotate into SpaceX, Anthropic, and OpenAI.
The first half of 2026 is coming to a close on Tuesday, and with it, another rollicking stretch for the U.S. equity market.
Artificial intelligence has created shortages across nearly every part of the semiconductor supply chain. GPUs have received most of the attention, but memory chips have quietly become just as critical. Every advanced AI accelerator depends on high-bandwidth memory (HBM), and manufacturers are struggling to keep pace. Even after investing billions of dollars to expand production, ... Micron Hit With Price-Fixing Lawsuit: Real Collusion or Simple Supply and Demand?
The SPDR Gold Shares fund is down big from its highs, but if fears of a recession start to mount, it may rally once again.
(Bloomberg) -- When the World Cup knockout round began Sunday, Kalshi joined the likes of Coca-Cola, Visa and Adidas with sideline advertising in the stadiums — an unusual addition, given that the event is halfway over, and also that FIFA already signed up an “official prediction markets partner” in ADI Predictstreet, a startup with ties to the Abu Dhabi royal family. Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingYen Hits Four-Decade Low in Historic Slide That’s
AT&T is set to release its second-quarter results next month, with analysts predicting a single-digit rise in the company's earnings.
This is the fifth piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. The third looked at pipeline ...
A consortium backed by companies including BlackRock, Google and Coinbase said Tuesday that it is launching a stablecoin. Called Open USD, the new dollar-backed stablecoin is slated to be offered later this year on the Coinbase-affiliated blockchain Base, as well as on Solana and other networks.
It turned into a Wall Street punchline, but big banks aren’t laughing. After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who didn’t show up. JPMorgan filed a motion late Monday in a California federal court to vacate the award to its former wealth adviser, Brent Ryan Bodner, over the deli meats gone awry.
A consortium including Visa, Mastercard and Coinbase on Tuesday launched a new joint stablecoin in a bid to broaden the adoption of the digital tokens. The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new U.S.-dollar pegged stablecoin called Open USD, which is expected to go live later this year. It is aimed at accelerating the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoption, Open Standard said.
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