Two major tests will show whether last week’s excitement on the stock markets was justified
Wall Street is heading into a big week with two straight weekly gains and an overbought market, with Nvidia earnings and the latest readings on the Federal Reserve’s most popular inflation indicator due to be announced. Fed Chair Jerome Powell…
Workday shares rise as software provider raises its 2027 margin target
Carl Eschenbach, co-CEO of Workday, speaks on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on January 18, 2024. Adam Galici | working day Shares rose 12% on Friday, a day after the financial and…
Zoom stock records best day since 2022 on Q2 2025 results and raised forecast
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on September 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox zoom Shares rose by the most since November 2022 on Thursday after the video…
Palo Alto Networks continues recent share price rise thanks to solid quarterly results
Wall Street’s enthusiastic reaction on Tuesday to Palo Alto Networks’ solid earnings reinforced our belief that the cybersecurity stock is getting overextended. Shares rose more than 8% in afternoon trading to around $372 per share after Palo Alto reported better-than-expected…
Mynaric MYNA shares plummet after drastic cut in sales forecast and departure of CFO
A representation of the company’s laser communications system on orbiting satellites. Mynaric Space inventory Mynaric collapsed in trading on Tuesday after the company announced drastic cuts to its previous sales forecast and the departure of its chief financial officer. Germany-based…
SEC accuses Carl Icahn of concealing billions in stock liens
Carl Icahn, billionaire activist investor, waits for Donald Trump (not pictured) to speak at a campaign rally on April 19, 2016 in New York. Victor J. Blue | Bloomberg | The US Securities and Exchange Commission (SEC) on Monday imposed…
Apple will win the AI race, but analysts say it is already in the stock
Much of the expected upside from Apple’s artificial intelligence strategy may already be priced into the share price, according to MoffettNathanson. Analyst Craig Moffett initiated coverage on the iPhone maker on Monday with a neutral rating and a $211 price…
“You know what to do on the stock market”
Eric Schmidt, who led Google The 10-year financial analyst explained to Stanford students that while he is not the type to give investment advice, he saw an obvious opportunity in the stock market that did not involve buying shares in…
CCDH: Instagram does not address hate speech against female politicians
According to an investigation by the Center for Countering Digital Hate, Instagram failed to remove toxic comments directed at Vice President Kamala Harris and other female political leaders from its app shortly before the 2024 election. The nonprofit analyzes major…
Judge in X-suit against advertisers rejects claim he owned Tesla shares
Jaque Silva | SOPA images | Light rocket | Getty Images The judge overseeing X’s lawsuit against advertisers has recused himself after news reports said he had bought shares of Tesla. In a dismissal letter dated Aug. 13, U.S. District…
