The AUDUSD prior to the FOMC rate decision yesterday, found willing buyers leaning against the rising 100-hour moving average at 0.7055 and the falling 200-hour moving average at 0.7042. However, the Fed's more hawkish tone sparked a sharp selloff, sending the pair below b
Accenture cuts full-year sales growth forecast to 3.5% and announces $4.18 billion in cybersecurity investments, spooking investors. Accenture (ACN) shares dropped 18.9% at Thursday’s open after the company reported mixed earnings and slashed its full-year sales growth out
Warren Buffett's decade-long wager demonstrated the S&P 500's superior returns compared to hedge funds, reinforcing his long-term endorsement of index funds. Warren Buffett won a $500,000 bet in 2017 after the S&P 500 outperformed a group of hedge funds over a 10-year peri
YieldMax’s MSTR-focused ETF increases its weekly payout by 7.98% to $0.2286, reflecting higher option income. YieldMax’s MSTR Option Income Strategy ETF (MSTY) declared a weekly distribution of $0.2286, a 7.98% increase from last week’s $0.2117. The move lifts the annual d
Analyst cites acquired growth and weakened pricing power in AI-driven creative tools as key downgrade factors. Freedom Broker downgraded Adobe (NASDAQ:ADBE) to Hold from Buy and reduced its price target to $250 from $510 after the company’s second-quarter earnings. The ana
Analysts raise price targets for ServiceNow amid expanding AI partnerships and strong SaaS sector positioning. Benchmark analyst Yi Fu Lee raised ServiceNow’s (NOW) price target to $130 from $125, maintaining a Buy rating. The adjustment follows a fireside chat with the co
GitLab unveils four new AI-driven capabilities, prompting Cantor Fitzgerald to maintain its Neutral rating with a $35 price target. Cantor Fitzgerald maintained a Neutral rating on GitLab Inc (NASDAQ:GTLB) with a $35 price target following the company’s introduction of fou
Analyst cites durable AI-driven demand and stronger enterprise adoption as key drivers for the upgrade and higher target. Truist analyst Miller Jump upgraded Datadog (DDOG) to Buy from Hold and raised the price target to $300 from $190. The move reflects expectations for s
Cloudflare receives mixed analyst adjustments post-Investor Day, with price targets ranging from $250 to $270 amid AI expansion. Citizens maintained a Market Perform rating on Cloudflare (NET) with a $270 price target after the company’s June 9 Investor Day. The firm highl
The deal aims to integrate Fin’s customer agent platform, accelerating AI adoption across Salesforce’s enterprise and SMB clients. Salesforce agreed to acquire customer agent company Fin for approximately $3.6 billion, expanding its autonomous AI agent capabilities. The tr
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