An analyst cut his price target on the power producer.
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An analyst cut his price target on the power producer.
GameStop CEO Ryan Cohen told eBay's board on Wednesday that they should not reject his $56 billion takeover proposal and the e-commerce company's shareholders deserve a chance to evaluate it. Cohen reacted one day after eBay rejected his unsolicited offer to buy the company, calling the proposal "neither credible nor attractive." In a letter to eBay's chairman and separate online interview with journalist Piers Morgan, Cohen, a billionaire investor, signaled his intention to keep going and hinted at possible next steps to try and win his prize.
GameStop CEO Ryan Cohen on Wednesday told eBay's board that the company should not reject his $56 billion takeover proposal and that the company's shareholders deserve a chance to evaluate it. Cohen wrote to the chairman of eBay that he requested a meeting with the company's board but that the board declined, according to the letter which was seen by Reuters. Cohen sent his letter one day after eBay on Tuesday rejected his stock and cash offer.
GitLab, ticker NasdaqGS:GTLB, has launched a global restructuring plan called "GitLab Act 2" focused on preparing for AI driven software development. The plan includes workforce reductions, exiting countries with smaller teams, flattening management layers, and reorganizing R&D into smaller autonomous teams. Management intends to reinvest savings from these changes into AI capabilities and growth initiatives across its DevSecOps platform. For investors watching NasdaqGS:GTLB, this...
Academy Sports and Outdoors serves value-focused families and outdoor enthusiasts through 260 stores and a broad e-commerce platform.
American Eagle Outfitters (AEO) closed at $15.4 in the latest trading session, marking a -1.66% move from the prior day.
Williams-Sonoma (WSM) closed the most recent trading day at $171.95, moving 1.96% from the previous trading session.
Ulta Beauty (ULTA) reached $492.22 at the closing of the latest trading day, reflecting a -2.57% change compared to its last close.
Veeva Systems (VEEV) closed the most recent trading day at $156.33, moving 1.94% from the previous trading session.
Deere (DE) closed at $581.18 in the latest trading session, marking a -1.36% move from the prior day.
Oil companies entered earnings season with higher commodity prices at their backs, but investors are still watching one issue more closely than almost anything else: spending discipline. In the Morgan Stanley note given to TheStreet, analyst Devin McDermott and his team said oil exploration and ...
Investing.com -- Cisco Systems on Wednesday said that it was restructuring its business to focus on growth areas, including AI after it posted record revenue in its third quarter earnings, sending its shares up 11% in extended trading.
Enovix Corp. (NASDAQ:ENVX) shares dropped after the company posted its first-quarter results after Wednesday’s closing bell and weak forward guidance. Here's a look at the details inside the report. ENVX stock is moving. Watch the price action here. ENVX Q1 Details Enovix reported quarterly losses of 14 cents per share, which beat the analyst consensus estimate for losses of 16 cents, according to Benzinga Pro data. Quarterly revenue came in at $7.6 million, which beat the Street estimate of $6.
Wednesday, USA Rare Earth reported a first-quarter operating loss of $37 million from sales of $5.7 million. Wall Street was looking for a loss of $27 million from sales of $4.2 million.
Paysign handily beat Wall Street analysts in the first quarter but didn't raise guidance. The stock looks cheap.
Microsoft stock is in the spotlight as LinkedIn revealed plans of cutting 5% of its global workforce. Here’s how you should play MSFT shares for the remainder of 2026.
Morningstar now rates Boston Scientific (BSX) as significantly undervalued after a meaningful share price decline. The firm is flagging the stock as a potential opportunity for investors who focus on gaps between price and estimated fair value. See our latest analysis for Boston Scientific. Recent governance updates, including the removal of supermajority voting provisions and fresh director equity awards, have coincided with a sharp reset in sentiment, with the 30 day share price return down...
Financial stocks fell Wednesday with the NYSE Financial Index dropping 0.8% and the State Street Fin
Top cryptocurrencies fell Wednesday, with Bitcoin (BTC-USD) falling below the $80,000 level. The
Target Corp (NYSE:TGT) is expected to deliver a strong first quarter but faces a more challenging sales environment heading into the second quarter as the boost from tax refunds fades, Bank of America said, reiterating its Underperform rating on the retailer ahead of its May 20 earnings...
Asking rents in the US fell annually for a 33rd successive month in April, with a strong rise in new
Investors got bad news on the inflation front for the second day in a row.
SanDisk Corp (NASDAQ:SNDK) has been one of the market's standout performers over the past year, with gains dwarfing many mega-cap stocks. A member of Congress bought shares in 2025 but sold them just a day later, missing the stock's surge into 2026. Congresswoman Buys and Sells SanDisk Stock Rep. Lisa McClain (R-Mich.) disclosed buying and selling SanDisk stock in October 2025, per the Benzinga Government Trade page. Here are the transactions: Oct. 30, 2025: Bought $1,00 to $15,000 in SNDK stock
Shares of Micron Technology (NASDAQ:MU) are surging on Wednesday, trading at around $804 and up roughly 5% on the session. The move extends a parabolic one-month run that has the stock approximately 89% higher when including today’s intraday gains. Year to date, MU stock has now climbed 182%, and the one-year return sits at a ... Micron Is Now Up 89% in a Month. Should You Sell in May and Go Away?
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Every spring, Wall Street recycles its favorite piece of advice: “Sell in May and go away.” It’s tidy, it rhymes, and for a lot of traders, it’s gospel. But here’s what it leaves out — the actual data. And right now, the data is telling a very different story. The “sell in May” rule was born in a slower era, when summer trading volumes dropped, desks sat empty, and the broad indexes drifted. That market no longer exists. Today’s market moves in sectors, rotates aggressively, and doesn’t wait for
Cathie Wood’s flagship ETF actively invests in shares of companies expected to be disruptive and innovative. But so far this year, the fund appears to be missing out on big gains tied to technology and artificial intelligence.
Alphabet Inc.‘s Waymo is issuing a recall for over 3,791 autonomous vehicles after a software glitch affecting its latest self-driving stack came to light. Software Issue Affects Waymo Fleet The issue could likely cause the Robotaxis to drive on to...
SanDisk stock sank yesterday amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?
As homes linger on the market, sellers are inviting feedback on why buyers aren’t biting — even if it’s laced with insults.