MRED cuts off Zillow's access to 43,000 Chicago listings MRED suspended its data feed to Zillow due to a licensing dispute. Zillow refused to correct a breach of its license agreement with MRED. The dispute led to Compass stock rising 9.4% and Zillow stock increa
Wall Street expects $1.78 EPS and $79.2 billion revenue, driven by AI demand and Blackwell platform shipments. Nvidia will release its fiscal Q1 2027 earnings after the close on May 20, with analysts projecting $1.78 per share, a 120% year-over-year increase from $0.81. Re
Traders now assign OpenAI an 83% chance of going public first after reports of a confidential IPO filing. OpenAI is poised to confidentially file for an IPO as soon as Friday, shifting market expectations sharply in its favor. Prediction market traders on Kalshi now give O
The beverage and snack maker plans selective price hikes on single-serve chip bags amid rising production costs. PepsiCo will increase prices on certain smaller bags of chips by $0.10 to $0.20. The move targets single-serve products currently on retail shelves, reflecting
The AI firm targets a September public debut at a $906 billion valuation following a key legal hurdle removal. OpenAI plans to file for an initial public offering within days, aiming for a September listing after a lawsuit by Elon Musk was dismissed. The move accelerates i
COST shares fell to $1,080 after a 7% gain over six sessions, underperforming the broader market year-to-date. Costco Wholesale (COST) shares declined 1.3% to $1,080 on Friday, halting a six-session winning streak. The drop followed a 7% gain in the prior six sessions, dri
The company outlines fleet and capital allocation strategy amid volatility, focusing on replacement economics. Dorian LPG Ltd. expects a cash cost per day of approximately $26,000 following the completion of its $24.2M Corsair repurchase. The move aligns with the company’s
In brief - Bank of America reiterates a “buy” on Alphabet with a $430 target—10.9% upside from $387.66. - The analysts cite AI Overviews at 2.5 billion users, AI Mode at 1 billion, and Gemini doubling from 400 million to 900 million monthly active users in a year. - The report...
CWB’s $5 billion fund shifts from bond-like behavior to equity risk when markets decline, exposing investors to unexpected downside. The SPDR Bloomberg Convertible Securities ETF (CWB) behaves like bonds during rallies but tracks stocks during downturns, diverging from tra
MCD, KO, and JNJ offer decades of dividend growth, generating $758 in passive income from a $30,000 blended portfolio. A $30,000 investment split equally among McDonald’s (MCD), Coca-Cola (KO), and Johnson & Johnson (JNJ) produces $758 in annual passive income, reflecting
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