Henry Schein (HSIC) Receives $250M Investment from KKR
Henry Schein, Inc. (NASDAQ:HSIC) completes a $250 million investment by KKR, a leading global investment firm. William K. “Dan” Daniel
Category: Business
Piper Sandler Raises Verona Pharma (VRNA) PT to $160
Verona Pharma plc (NASDAQ: VRNA) saw Piper Sandler raise its price target on the stock to $160 from $76, maintaining
Investors Unfazed by Trump's Tariffs, Markets Remain Stable
Investors show indifference to Trump’s tariff threats as stocks remain steady. Asia shares rise following Nvidia’s valuation surge. Trump announces
Sunnova sells solar panel business to Omnidian for $7M
Sunnova Energy sells part of its residential solar business to Omnidian for $7 million in a stalking horse deal. Sunnova
Groq seeks $6B valuation for AI chips
U.S. semiconductor startup Groq is looking to raise $300-500 million at a $6 billion valuation to fulfill a deal with
Americans Advised to Save at Least 15% for Retirement
Planning for retirement requires a strategy covering inflation, healthcare, debt, and more. People outlive savings due to longer life expectancy.
TD Cowen Raises Amazon (AMZN) Target to $250 on Growth
Analyst John Blackledge from TD Cowen reiterated a “Buy” rating on Amazon (AMZN) and raised the price target to $250.00
WK Kellogg Skyrockets 40% on Potential $3 Billion Ferrero Deal
Shares of WK Kellogg surged over 50% after reports of a potential $3 billion deal with Ferrero. The Italian chocolate
Intel (INTC) Target Raised Ahead of Q2 Earnings; Positive.
Intel Corporation (NASDAQ: INTC) had its price target raised by Citigroup analyst Christopher Danely from $21.00 to $24.00, maintaining a
Bitcoin hits all-time high near $112,000, boosting crypto market
Bitcoin surged to a new all-time high near $112,000 as institutional demand and risk appetite increased. It reached a peak
CoreWeave Acquires Core Scientific for $9 Billion to Boost AI
CoreWeave, Inc. (NASDAQ: CRWV) buys crypto miner Core Scientific in a $9 billion all-stock deal to meet growing demand for
Crypto Mom Asserts Tokenized Securities Still Regulated by SEC
SEC Commissioner Hester Peirce emphasizes that tokenized securities must still comply with regulations. Tokenization converts company shares into digital tokens
Deborah Geraghty appointed CEO of Radiant Biotherapeutics
Radiant Biotherapeutics appoints Deborah Geraghty, Ph.D., as President and CEO, Stefan Larson, Ph.D., as Chair of the Board, and Ingmar
Altria Stock Dips on Negative Rating from Jefferies
Altria stock is facing a downturn after Jefferies issued a negative rating, with a price target of $50 per share
Bitcoin's Bullish Momentum Slows Amid Long-Term Holder Stacks Record
Bitcoin’s price rose 2.55% in June but failed to surpass May’s peak of $112,000. ARK Invest’s latest report shows long-term
Copper Prices Increase as Global Stocks Dwindle
The Copper Monthly Metals Index (MMI) rose 2.69% from June to July. Comex copper prices increased, nearing their all-time high
Microsoft Utilizes AI for $500M Savings, Cuts Jobs
Microsoft saved over $500 million in call center costs last year using AI. The tech giant plans to lay off
SoundHound AI (SOUN) Benefits from Agentic AI Growth
SoundHound AI (SOUN) surged 11.69% to $12.71, driven by the rise in Agentic AI demand, which allows autonomous decision-making with
Recursion Pharmaceuticals (RXRX) Rallies 8.7% on Hypophosphatasia
Recursion Pharmaceuticals (RXRX) saw an 8.7% rally to $5.36 after acquiring a $25-million interest in REV102 for hypophosphatasia treatment. Rallybio
Fed minutes show limited support for rate cut
At the Federal Reserve meeting in June, only a few officials believed interest rates could be cut this month, with
Nvidia Hits $4 Trillion Mark, Analysts Bullish on Future
Nvidia (NVDA) becomes the first $4 trillion company, with shares up nearly 90% from April low. Bank of America analyst
Motive Launches AI Model to Promote Positive Driver Behaviors
Motive’s AI-powered Integrated Operations Platform introduces Positive Driving to enhance safety culture by detecting commendable driver behaviors like quick responses
Nvidia Surges to Record High on AI and Robotics Growth
Nvidia’s stock is up 1.7%, hitting a $4 trillion market cap, making it the most valuable company globally. Wall Street
Eli Manning Decides Against Buying Minority Stake in New York Giants Due to Exorbitant Prices
Former New York Giants quarterback Eli Manning has decided against buying a minority stake in the team due to exorbitant
Bullish Sentiment Pre-Earnings Indicates Potential Upside for Delta Air Lines
Investors show bullish sentiment towards Delta Air Lines (DAL) ahead of earnings release, reflected in heavy trading of out-of-the-money call