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Citi revamps AMD stock price target ahead of key announcement
TheStreet96d agoneutral
Citi revamps AMD stock price target ahead of key announcement

The headline from Citi's May 18 semiconductor note focused on Intel. The $130 price target on a stock that was trading near $107 was the number that traveled. But buried in the same note was a call on a different chipmaker that carries a disclosure most investors have not yet processed. That ...

Bank of America resets ServiceNow stock price target sharply
TheStreet96d agoneutral
Bank of America resets ServiceNow stock price target sharply

Wall Street sometimes loves to misread particular kinds of stocks. And it is always the ones that look disrupted from the outside but are actually getting more deeply embedded on the inside. ServiceNow (NOW) has spent much of 2026 carrying that misread. The stock fell roughly 38% year to date the ...

Home Depot, CAVA earnings, Housing data top Tuesday watchlist
Yahoo Finance Video96d agoneutralVIDEO
Home Depot, CAVA earnings, Housing data top Tuesday watchlist

Asking for a Trend, host Josh Lipton breaks down the top stories investors will be watching on Tuesday, May 19.On the earnings front, Home Depot (HD) reports quarterly results before the bell, followed by Toll Brothers (TOL) and CAVA (CAVA) after the close.Investors will also be watching fresh housing data with the release of the latest Pending Home Sales report.

OpenAI whistleblower ditches Nvidia, AMD for crypto miners
TheStreet96d agoneutral
OpenAI whistleblower ditches Nvidia, AMD for crypto miners

Leopold Aschenbrenner is putting serious money against AI leaders. The former safety researcher, who was fired from OpenAI in 2024, has revealed in the latest 13F filing that his fund Situational Awareness LP has more than doubled its disclosed equity exposure in the first quarter of ...

US stocks end mixed as tech stocks slide, Treasury yields climb
Reuters Videos96d agoneutralVIDEO
US stocks end mixed as tech stocks slide, Treasury yields climb

<body><p>STORY: Wall Street's main indexes ended mixed on Monday, with the Dow adding about a third of a percent, the S&P 500 little changed and the tech-heavy Nasdaq shedding half a percent.</p><p>Ongoing worries about the disruption of oil supplies, inflation and elevated borrowing costs weighed on stocks and pushed the 10-year Treasury yield earlier in the session to its highest level since February 2025.</p><p>Kevin Mahn is president and chief investment officer at Hennion & Walsh Asset Management.</p><p>“Investors continue to try and digest higher oil prices, which have led to higher gas prices and introduced even more inflationary pressures into the system. So each time we hear news that the impasse in the Strait of Hormuz may be coming to an end, you see the tailwind come into the market and stocks move higher. On the flip side, each time we learn that that Strait of Hormuz is going to be locked, or at least blocked for a longer period of time, investors then get concerned, bond yields shoot up and the prospects for a rate hike as opposed to a rate cut get brought back on to the table."</p><p>The Nasdaq fell for a second consecutive session as investors&nbsp;took a break from the AI-driven rally that started in late March.</p><p>Seagate Technology fell almost 7%, while peer Micron shed 6%. Shares of Sandisk dropped more than 5% and Western Digital lost nearly 5%.&nbsp;</p><p>:: Nvidia</p><p>The world's most valuable company, Nvidia, also closed lower, ahead of its scheduled quarterly earnings report later this week.</p><p>:: Archive</p><p>Elsewhere in the market, shares of Regeneron tumbled almost 10% as the drugmaker's experimental treatment for melanoma missed the main goal in a late-stage trial.</p></body>

Anthropic to let partners share Mythos cybersecurity findings with others
Reuters96d agoneutral
Anthropic to let partners share Mythos cybersecurity findings with others

Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model ‌to share information about cyber threats with others who may be exposed ‌to similar vulnerabilities. Mythos, announced on April 7, is being deployed as part of Anthropic's "Project Glasswing," a controlled ​initiative under which select organizations, including major tech firms such as Amazon, Microsoft, Nvidia and Apple, are permitted to use the unreleased Claude Mythos Preview model for defensive cybersecurity purposes. Mythos' capabilities to code at a high level have given it a potentially ‌unprecedented ability to identify cybersecurity ⁠vulnerabilities and devise ways to exploit them, according to experts.

Trump Announces Discount Drug Pricing Expansion With Mark Cuban
Bloomberg96d agoneutral
Trump Announces Discount Drug Pricing Expansion With Mark Cuban

(Bloomberg) -- President Donald Trump announced his administration is adding more than 600 generic medications to its direct-to-consumer drug sales website TrumpRx alongside billionaire Mark Cuban.Most Read from BloombergStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout P

NYC Mayor Mamdani Meets with Jamie Dimon and David Solomon
The Wall Street Journal96d agoneutral
NYC Mayor Mamdani Meets with Jamie Dimon and David Solomon

New York City Mayor Zohran Mamdani met on Monday with Jamie Dimon, as he seeks to tamp down the backlash to his “tax the rich” proposal that rankled many of the city’s wealthy. Mamdani, who calls himself a democratic-socialist, went to JPMorgan Chase’s new headquarters at 270 Park Avenue for a noon meeting with the billionaire Dimon. During the meeting, they discussed cutting government waste, the reform of state environmental reviews for building, and public-private partnerships, according to a city spokesman.

Mayor Mamdani Meets With JPMorgan’s Dimon
The Wall Street Journal96d agoneutral
Mayor Mamdani Meets With JPMorgan’s Dimon

JPMorgan Chase Chief Executive Jamie Dimon met with Zohran Mamdani on Monday as the New York City mayor seeks to tamp down the backlash to his “tax the rich” proposal that rankled many of the city’s wealthy. Mamdani, who calls himself a democratic socialist, went to JPMorgan Chase’s new headquarters at 270 Park Avenue for a noon meeting with the billionaire Dimon. During the meeting, the two discussed cutting government waste, the reform of state environmental reviews for building, and public-private partnerships, according to a city spokesman.

EchoStar Rallies as Play on SpaceX IPO. There Could Be More Upside.
Barrons.com96d agoneutral
EchoStar Rallies as Play on SpaceX IPO. There Could Be More Upside.

EchoStar has emerged as one of the leading plays on SpaceX since the company got a 2%-plus stake in Elon Musk’s company in return for some of EchoStar’s spectrum. The IPO could value SpaceX at $1.5 trillion to $2 trillion, making it one of the more valuable companies in the world. EchoStar stock has doubled since the initial spectrum deal in September and finished Monday at $136.45, down 0.5% on the session.