Macy’s has once again become a takeover target, and the stock is soaring. A group of investors has offered $5.8 billion to…
A new regulatory proposal has wealth managers on edge. No, we’re not talking about the Labor Department’s most recent and hotly contested…
Nike stock was rising Monday after an analyst cited confidence in the future of the athletic clothing brand, specifically in its China…
Cigna, Macy’s, Eli Lilly, RingCentral, Broadcom, Snap, Shake Shack, and More Movers
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Stocks rose on Monday following six straight weeks of gains for the S&P 500. On this week’s calendar are the consumer price…
Nvidia’s stock dubbed a top pick for next year after monster 2023: ‘No need to overthink this’
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Yes, TD Cowen analyst Matthew Ramsay’s top chip stock pick for 2024 has seen a 220% gain so far this year, but…
Shake Shack launches search for new chief executive, keeps guidance for Q4
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Shake Shake Inc.’s stock was rallying by 8.7% after it said the upcoming retirement of its chief executive has had no impact…
Missed Snap’s 40% stock rally over the past month? Another could be in store.
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Snap Inc. shares have surged 39% over the past month, but a Wells Fargo analyst sees plenty more upside ahead. Ken Gawrelski…
Nvidia is now using its AI windfall to invest in startups, with hopes for more big bucks
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Nvidia Corp. will make more profit this year than the chip maker reaped collectively in its first 25 years as a public…
Occidental to pay $12 billion to buy private Permian Basin company CrownRock
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Occidental Petroleum Corp. said Monday it would pay $12 billion for privately held CrownRock LP as oil companies take aim at the…
Hedge funds rebound from a terrible year thanks to market volatility in 2023
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Hedge funds have successfully turned around the underwhelming performance they posted last year by capitalizing on widespread market volatility seen during 2023,…