Tag: business news
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A key test looms for the AI trade this week. Here’s how Mike Khouw is trading it
Micron reports after the bell Wednesday.
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IRS hires Joseph Velli to help administer Trump accounts
Velli previously served on the boards of Paychex, Cognizant and Computershare.
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Senate tees up college sports bill aimed at regulating NIL deals
The Senate is due to vote Monday on the bill, which would create a national framework for name, image and likeness deals in college athletics.
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IonQ has been on fire this month. Bank of America says buy the quantum computing stock
IonQ has “multiple ways to win” but investors are paying for growth that is not yet realized.
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Meta hires MongoDB CEO CJ Desai to lead enterprise unit. MongoDB shares crater
Desai will lead the new Meta Enterprise Platform unit and report to CEO Mark Zuckerberg.
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Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration’s economic policy team.
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Bank of America says to scoop up shares of this cruise line operator at a discount
The bank upgraded the cruise line operator to buy from neutral.
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Nvidia share buyback plan gets $150 billion boost
Nvidia said the buyback boost marks the largest share repurchase authorization increase in history.
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Homebuilders just surged on a new UK government scheme. Analysts name the stocks that could benefit most
The U.K. government has delivered a “welcome fillip for an industry which has been in the doldrums for much of the last five years,” one analyst said.
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Agentic AI will drive Micron to new heights, says Baird
The firm reiterated its outperform rating on the memory chipmaker and raised its price target on the stock.
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