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AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street
Bloomberg84d agoneutral
AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street

(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves

How Far Behind Is the Data-Center Building Boom?
The Wall Street Journal84d agoneutral
How Far Behind Is the Data-Center Building Boom?

60% or more That share of data-center capacity planned for completion in 2027 isn’t yet under construction, and another 7% is delayed, a recent JPMorgan analysis found. Read more on the seeming paradox ...

The Meltdown Inside ‘60 Minutes’
The Wall Street Journal84d agoneutral
The Meltdown Inside ‘60 Minutes’

A wild week of firings and fireworks lays bare the challenges Bari Weiss faces in revamping CBS News and its flagship show.

Medtronic Stock Jumps on Strong Earnings
The Wall Street Journal84d agobullish
Medtronic Stock Jumps on Strong Earnings

Shares of Medtronic jumped 5% Wednesday after the medical-device maker reported better-than-expected quarterly results, helped by strong sales of devices used in heart procedures. The company also said it applied for U.

Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say
Reuters84d agoneutral
Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

5-star analyst resets Oracle stock price target
TheStreet84d agoneutral
5-star analyst resets Oracle stock price target

Oracle (ORCL) stock closed the June 2 trading session down 1.44% at $244.58. Despite this slight drop, the stock is now up about 25.48% year to date, at the time of writing, Wednesday morning, June 3. Meanwhile, the SPDR S&P 500 Index (SPY) is up about 11.39% in the same period. Oracle has ...

President Donald Trump owns roughly $5M in surging AI stock
TheStreet84d agoneutral
President Donald Trump owns roughly $5M in surging AI stock

President Donald Trump has never been shy about telling Americans where to put their money. In February 2026, he told a crowd in Rome, Ga., to "go out and buy a Dell computer." According to a People.com report, Trump praised Dell founder and CEO Michael Dell at the State of the Union. He said it ...

Paychex (PAYX): Buy, Sell, or Hold Post Q1 Earnings?
StockStory84d agoneutral
Paychex (PAYX): Buy, Sell, or Hold Post Q1 Earnings?

Over the past six months, Paychex’s stock price fell to $100.59. Shareholders have lost 11.3% of their capital, which is disappointing considering the S&P 500 has climbed by 10.9%. This might have investors contemplating their next move.

Investing.com84d agoneutral
Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.

Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First
Bloomberg84d agoneutral
Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First

(Bloomberg) -- A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first fund of its kind to reach a milestone once thought unimaginable for the ETF industry.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Amban

Costco adds an exclusive Coca-Cola soda rival
TheStreet84d agoneutral
Costco adds an exclusive Coca-Cola soda rival

The soda wars used to mean Coke versus Pepsi. Back in the 1990s, and even into the 2000s, alternative soda brands were novelties, and energy drinks weren't even a major category. Now, Keurig Dr Pepper has become a significant rival to Coca-Cola and PepsiCo, and energy brands including Red Bull, ...

HSBC massively revamps Broadcom's stock price target
TheStreet84d agoneutral
HSBC massively revamps Broadcom's stock price target

In every major technology cycle, there comes a moment when the numbers stop looking like projections and start looking like history being made in real time. Broadcom (AVGO) may be the king of the moment. HSBC raised its price target on Broadcom, maintaining its Buy rating, as the firm dramatically ...

Exxon (XOM) roars back as one Iran headline reignites oil
TheStreet84d agoneutral
Exxon (XOM) roars back as one Iran headline reignites oil

For most of last week, oil was sliding down and energy stocks followed in the same direction. Traders had bet a U.S.-Iran deal would calm the region and reopen shipping lanes, so crude price fell lower for days, and Exxon Mobil (XOM) fell with it, closing red for seven straight sessions. Then one ...

Bitcoin crash wipes out billions in market rout
TheStreet84d agobearish
Bitcoin crash wipes out billions in market rout

The digital assets market, which had already been struggling for months now, is now witnessing a bloodbath after Michael Saylor's Bitcoin (BTC) treasury firm Strategy (Nasdaq: MSTR) announced the sale of 32 BTC. The total cryptocurrency market cap has declined from $2.57 trillion on the ...