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Goldman Sachs to Acquire ETF Provider Neos in $2.3B Deal
Bloomberg40d agoneutralVIDEO
Goldman Sachs to Acquire ETF Provider Neos in $2.3B Deal

Bloomberg Intelligence's Neil Sipes joins Scarlet Fu and James Seyffart on "ETF IQ." Goldman Sachs will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager's reach in the actively managed ETF market.

AMD filing reveals unexpected SpaceX and Nutanix bet
TheStreet40d agoneutral
AMD filing reveals unexpected SpaceX and Nutanix bet

Most investors watch what AMD builds. Fewer watch what it buys. A quarterly filing with the Securities and Exchange Commission just gave them a reason to look. Advanced Micro Devices (AMD) disclosed large equity stakes in two very different companies: Elon Musk's SpaceX (SPCX) and enterprise ...

Investing.com40d agoneutral
Tesla to launch Cybercab in Austin this month - report

Investing.com -- Tesla Inc. has informed staff it is preparing for a public launch of the Cybercab, its first vehicle built without a steering wheel or brake pedal, in Austin, Texas, as soon as this month, The Information reported on Monday.

JPMorgan revamps SanDisk stock with massive price target
TheStreet40d agoneutral
JPMorgan revamps SanDisk stock with massive price target

I covered SanDisk's Investor Day Aug. 14, when the company revealed a long-term financial framework calling for 80% gross margins, 75% operating margins, and 100% excess cash return to shareholders. The market responded with a 13.67% single-session surge followed by another 7.39% gain the following ...

Gilead yanks out a thorn in its side in major court ruling
TheStreet40d agoneutral
Gilead yanks out a thorn in its side in major court ruling

A federal appeals court just handed Gilead Sciences (GILD) a legal win that extends into the company's revenue. The decision blocks a group of companies from importing cheaper foreign versions of Gilead's top HIV drug and selling them to American patients. For a company that relies heavily on a ...

Down 42%, is Netflix stock undervalued or a value trap?
TheStreet40d agoneutral
Down 42%, is Netflix stock undervalued or a value trap?

Netflix stock has taken a beating in recent months, down 42% from its all-time highs. For a company once seen as untouchable, the ongoing decline may be making investors nervous. Notably, Bill Ackman just built a new position in Netflix (NFX) through his hedge fund, Pershing Square Capital ...

Here Are Big Tech’s Big SpaceX Investors
The Wall Street Journal40d agoneutral
Here Are Big Tech’s Big SpaceX Investors

SpaceX shares are getting a lift after some of tech’s top names identified themselves as big investors in Elon Musk's rocket-and-AI company. Among them: artificial-intelligence chipmaker Nvidia, which said in a Friday filing it owned close to 123 million SpaceX shares.