Tag: business news
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This AI play is no longer a ‘hidden gem,’ but Wall Street is still underestimating its potential, says Melius
The research firm initiated coverage with a buy rating.
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Novig wins CFTC approval as competition intensifies in sports prediction markets
Novig is building a peer-to-peer sports trading platform that allows users to trade directly against one another rather than bet against the house.
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‘Godfather’ of options sees SpaceX surpassing Nvidia, Tesla as early trades come in
SpaceX options are officially listed, and they’re off to the races.
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Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027
Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.
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EchoStar is worth at least $161 a share because of SpaceX stake, says analyst
New Street Research raised its valuation of EchoStar to reflect its ownership of SpaceX, calling it an “attractive proposition”
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SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company’s efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
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How AI may be messing with home prices
For most real estate professionals, the data aggregation capabilities of AI can enhance their expertise. But there are shortcomings.
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This cybersecurity stock could soar on AI tailwinds. UBS says to buy it now
Dynatrace could see considerable upside as it benefits from a combination of AI tailwinds, per UBS.
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The 2026 FIFA World Cup could boost this struggling sportsbook owner, Wedbush says
FanDuel owner Flutter Entertainment is likely to see some upside from the FIFA World Cup and further expand its presence in the U.S., per Wedbush Securities.
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Kevin Warsh’s Fed is not expected to make any change to rates for a while, according to CNBC Fed Survey
The survey respondents do expect the Fed at this week’s meeting to remove the easing bias in the statement that has signaled the Fed’s next move would likely be a cut.
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