Tag: business news
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Ralph Lauren has momentum on its side heading into earnings, Raymond James says
The investment firm upgraded the apparel maker to outperform from market perform.
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Google expands Gemini lineup with cheaper models and new Mythos rival
Google is expanding Gemini with cheaper, more efficient models and a new cybersecurity offering as it tries to close product gaps and compete on cost.
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Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won’t survive
About 206 million SpaceX shares are now sold short, representing roughly 32% of the company’s publicly tradable float, according to S3.
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How to use options to play ‘a sizable reversion move’ in Micron over the next few days
The memory chip maker rocketed nearly 70% in five weeks, peaking above $1,250 in late June, only to surrender 35% of that value in the 22 days since.
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GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
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UBS hikes its year-end S&P 500 target to 8,100. Here’s why
Investors are still underestimating just how far the earnings driven rally has to go, according to the firm.
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Greer hints new Trump tariffs coming on dozens of countries: ‘Expect action soon’
U.S. Trade Representative Jamieson Greer’s comments the Trump administration could impose new tariffs just as other duties are set to expire.
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Salesforce’s AI pivot hasn’t gained enough traction to save its stock price, Morgan Stanley says
Salesforce has embraced AI to remain competitive, but its push into the technology hasn’t yet proven its ability to drive value, per Morgan Stanley.
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Wall Street is selling more rental homes, as buying ban takes effect
The largest landlords are all net sellers year-to-date, with 3,180 more homes sold than bought since Jan. 1.
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Meta has a ‘multibillion-dollar’ opportunity with its glasses, says Jefferies
Meta’s recently released line of smart glasses offers a “multi-billion dollar” opportunity that could boost shares of the struggling stock, per Jefferies.
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