Wedbush Securities has raised its price target on International Business Machines Corp (NYSE:IBM) from $320 to $350 while maintaining its outperform rating, arguing that a wave of AI-driven disruption fears that weighed on the stock earlier this year has proved unfounded and...</
The index has reached all-time highs 23 times this year, driven by $670 billion in AI infrastructure investments and strong tech earnings. The S&P 500 extended its rally Monday, notching its 23rd record high of 2026 as it crossed 7,600 for the first time. The benchmark has
Hewlett Packard Enterprise reports Q2 adjusted EPS of 79 cents and revenue of $10.68 billion, crushing estimates. Hewlett Packard Enterprise shares surged 25% after reporting second-quarter adjusted earnings per share of 79 cents, far exceeding the 53 cents analysts expect
Jackson Peak Capital, an investment management firm, released its first-quarter 2026 investor letter. Jackson Peak Capital employs a concentrated long/short equity approach to deliver strong absolute returns across various market conditions A copy of the letter is a
Prior was 6.866 million Hires vs 5.60 million prior Separations 5.4 million prior Quits vs 3.17 million prior Vacancy rate vs 4.2% prior Layoffs and discharges vs 1.9 million prior For background, the Job Openings and Labor Turnover Survey (JOLTS), published monthly by the U.S.</
Any temporary peace agreement between the United States and Iran must be followed by deeper talks about Tehran’s nuclear stockpiles, missiles, and other critical issues, European Union foreign policy chief Kaja Kallas said. Speaking at a news conference in Islamabad on Jun
This week, we learn that Grupo Coppel, operator of one of Mexico’s largest department store chains, has partnered with predictive consumer intelligence platform First Insight to update the company’s merchandising and pricing strategies for its private-label apparel and footwear.<
Quick Read - Netflix (NFLX) at $85.85 looks attractively positioned as a sentiment-driven drawdown worth watching and buying. - Netflix’s ad business has crossed from experiment into measurable growth engine, adding roughly $1.5 billion incremental revenue. - Act now: the...
We recently compiled a list of the 11 Most Undervalued Pharma Stocks to Invest In. HUTCHMED (China) Limited (NASDAQ:HCM) is one of the most undervalued pharma stocks TheFly reported on May 28 that Morgan Stanley upgraded HCM to Equal Weight from Underweight and set
Jackson Peak Capital, an investment management firm, released its first-quarter 2026 investor letter. Jackson Peak Capital employs a concentrated long/short equity approach to deliver strong absolute returns across various market conditions A copy of the letter is a