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UBS resets Dell stock price target ahead of earnings
TheStreet107d agoneutral
UBS resets Dell stock price target ahead of earnings

Dell Technologies just had one of the most eventful weeks in its stock's history. A presidential endorsement, an all-time high, and a 107% year-to-date gain. And now, just days before earnings, one of Wall Street's most closely watched analysts has changed his rating. The price target went up. The ...

Stocks Settle Higher on Strong Earnings
Barchart107d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Hims & Hers Stock Sinks. Why Earnings Offered Wall Street a Big Surprise.
Barrons.com107d agoneutral
Hims & Hers Stock Sinks. Why Earnings Offered Wall Street a Big Surprise.

Shares of Hims & Hers Health sank late Monday after the company underperformed first-quarter earnings and revenue expectations, surprising Wall Street with a quarterly loss. The telehealth provider, which made a name for itself in the business of weight-loss drugs, posted a first-quarter loss of 40 cents a share, compared with profit of 20 cents a share a year ago. Wall Street was looking for a profit of 3 cents a share.

Dutch Bros is quietly becoming an energy drink giant
TheStreet107d agoneutral
Dutch Bros is quietly becoming an energy drink giant

While many fast food chains are struggling to attract diners, Dutch Bros is seeing explosive growth. In Q1 FY2026, the coffee chain reported a 30% increase in revenues year-over-year. That’s lightyears beyond competitors like Starbucks, which reported a 9% increase in revenue over the same ...

Associated Press107d agoneutral
How major US stock indexes fared Monday 5/11/2026

Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records. The price for a barrel of Brent crude oil climbed 2.9% to top $104 Monday after President Donald Trump said the U.S.-Iran ceasefire was on life support after he rejected Iran’s latest proposal to end their war. The Dow rose 0.2%, and the Nasdaq composite gained 0.1% to its own record.

Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data
Bloomberg107d agoneutral
Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

(Bloomberg) -- Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Un

Former OpenAI executive Sutskever discloses nearly $7 billion stake in AI firm
Reuters107d agoneutral
Former OpenAI executive Sutskever discloses nearly $7 billion stake in AI firm

Former OpenAI Chief Scientist Ilya Sutskever said on Monday his ownership stake in the artificial intelligence startup is ‌worth about $7 billion, as he testified in a legal fight between ‌Elon Musk and OpenAI. • The trial could determine the future of OpenAI, which spearheaded widespread use ​of AI with its ChatGPT chatbot and has been raising billions of dollars from investors to build out its computing power ahead of a potential trillion-dollar IPO. • Musk is seeking fundamental changes to the governance of the company as ‌well as $150 billion in damages ⁠from OpenAI and Microsoft, one of its largest investors.

McDonald's Q1 Earnings Call Highlights
MarketBeat107d agoneutral
McDonald's Q1 Earnings Call Highlights

McDonald's (NYSE:MCD) reported first-quarter 2026 global comparable sales growth of 3.8% and said it gained market share in nearly all of its top 10 markets, as executives emphasized value, marketing and menu innovation as the company’s main growth drivers in a challenging consumer environment. Cha

HSBC resets its S&P 500 price target for the rest of 2026
TheStreet107d agoneutral
HSBC resets its S&P 500 price target for the rest of 2026

Two major Wall Street forecasters updated their S&P 500 targets on the same day. They cited the same reason. And neither of them lowered their number. One of those calls is aggressive enough to catch the market's attention. The other is even more aggressive. Here is what is driving both. HSBC ...

Bloomberg107d agoneutral
Verizon’s Worldwide Hybrid Bond Sale Drive Hits $12 Billion

(Bloomberg) -- Verizon Communications Inc. is selling $4 billion of hybrid bonds in the US dollar investment-grade debt market for the first time after issuing the equivalent of $8 billion of them in other currencies over the last six months.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jew

Bloomberg107d agoneutral
Meta Sued by California County Over ‘Scam’ Advertisements

(Bloomberg) -- Meta Platforms Inc. was sued by Santa Clara County, California, over allegations that the company “knowingly facilitates and profits from billions of scam advertisements” on its social networks, including Facebook and Instagram. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting J

Musk, Cook Set to Join Trump for Xi Summit, White House Says
Bloomberg107d agoneutral
Musk, Cook Set to Join Trump for Xi Summit, White House Says

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,