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Investment

Investment

Cigna Calls Off Humana Merger. Wall Street Hated the Deal.

By Press Room
January 2, 2024
1 Mins read
Investment

Macy’s Stock Soars on $5.8 Billion Buyout Bid: Report.

By Press Room
January 1, 2024
2 Mins read
Macy’s has once again become a takeover target, and the stock is soaring. A group of investors has offered $5.8 billion to…
Investment

Wealth Management Firms Ask Nasaa to Hit the Brakes on Model Rule Changes

By Press Room
December 31, 2023
1 Mins read
A new regulatory proposal has wealth managers on edge. No, we’re not talking about the Labor Department’s most recent and hotly contested…
Investment

Nike Gets an Upgrade Before Earnings. China Strength Is Just One Reason.

By Press Room
December 30, 2023
1 Mins read
Nike stock was rising Monday after an analyst cited confidence in the future of the athletic clothing brand, specifically in its China…
Investment

Cigna, Macy’s, Eli Lilly, RingCentral, Broadcom, Snap, Shake Shack, and More Movers

By Press Room
December 29, 2023
2 Mins read
Stocks rose on Monday following six straight weeks of gains for the S&P 500. On this week’s calendar are the consumer price…
Investment

Nvidia’s stock dubbed a top pick for next year after monster 2023: ‘No need to overthink this’

By Press Room
December 28, 2023
1 Mins read
Yes, TD Cowen analyst Matthew Ramsay’s top chip stock pick for 2024 has seen a 220% gain so far this year, but…
Investment

Shake Shack launches search for new chief executive, keeps guidance for Q4

By Press Room
December 27, 2023
2 Mins read
Shake Shake Inc.’s stock was rallying by 8.7% after it said the upcoming retirement of its chief executive has had no impact…
Investment

Missed Snap’s 40% stock rally over the past month? Another could be in store.

By Press Room
December 26, 2023
1 Mins read
Snap Inc. shares have surged 39% over the past month, but a Wells Fargo analyst sees plenty more upside ahead. Ken Gawrelski…
Investment

Nvidia is now using its AI windfall to invest in startups, with hopes for more big bucks

By Press Room
December 25, 2023
1 Mins read
Nvidia Corp. will make more profit this year than the chip maker reaped collectively in its first 25 years as a public…
Investment

Occidental to pay $12 billion to buy private Permian Basin company CrownRock

By Press Room
December 24, 2023
2 Mins read
Occidental Petroleum Corp. said Monday it would pay $12 billion for privately held CrownRock LP as oil companies take aim at the…
Investment

Hedge funds rebound from a terrible year thanks to market volatility in 2023

By Press Room
December 23, 2023
2 Mins read
Hedge funds have successfully turned around the underwhelming performance they posted last year by capitalizing on widespread market volatility seen during 2023,…
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