The leader of the powerful House Oversight Committee announced Friday he has launched an investigation into prediction market juggernauts Kalshi and Polymarket. The investigation will focus on insider trading by users on both platforms, and wagers that leverage non-public
The stock market rally continued to advance, with the Dow Jones hitting a record high and the other major indexes rising solidly to strong, also near all-time levels. Crude oil prices plunged Wednesday on Iran deal hopes, little changed for the week Treasury yields
Full-year fiscal 2026 revenue at Booz Allen Hamilton came in at $11.2 billion, a 6.4% contraction that marked the company's sharpest annual drop in recent memory, with a sluggish federal procurement climate weighing on both staffing levels and billable work. Net income for
Analyst raises CAT target after company forecasts low double-digit sales growth and reduced tariff costs for 2026. Evercore ISI increased its price target for Caterpillar Inc. (NYSE:CAT) to $1,103 from $878, maintaining an Outperform rating. The adjustment follows the comp
Investors often weigh established giants against high-growth challengers when building a portfolio. Choosing between Nike (NYSE:NKE) and Deckers Outdoor (NYSE:DECK) represents a classic debate between established, industry-leading brands and higher-growth alternatives
TJX reported net sales for Q1 of $14.3bn, whilst net income was $1.3bn and diluted earnings per share were $1.19, up from $0.92 in Q1 2026. TJX CEO Eric Herman said the company’s growth was driven by an increase in “customer transactions,” with comparable store sales risin
Analog Devices agrees to acquire Empower to enhance power delivery for AI and high-performance computing systems. Analog Devices (NASDAQ:ADI) will acquire Empower Semiconductor in a $1.5 billion all-cash deal to strengthen its AI power strategy. The transaction aims to imp
Japan’s April Tokyo CPI and Ministry of Finance intervention figures may influence yen volatility amid inflation and policy expectations. Japan’s Tokyo Consumer Price Index for April is expected to show a modest uptick, with core CPI excluding fresh food projected at 1.6%
VNET Group’s Q1 consensus estimates project a $0.03 EPS loss and $392.93M revenue, reflecting year-over-year growth. VNET Group will report first-quarter earnings on May 26 before the market opens. Analysts expect a loss of $0.03 per share, an improvement from the prior ye
The stock market rally uptrend continues to hold strong after a quick spike in interest rates sparked a three-session pullback. But after massive gains for the stock market and a large number of top-rated growth stocks, it's become a "lockout" rally for many It cert
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