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1st Source’s 26.1% return over the past six months has outpaced the S&P 500 by 9.8%, and its stock price has climbed to $85.89 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
A combined Tesla and SpaceX would dominate physical AI applications, according to Morgan Stanley. Both stocks gained on Monday.
California and other states challenged the proposed merger in July, describing it as creating a "media behemoth" if realized.
Paramount Skydance has cleared the last major hurdle to its acquisition of Warner Bros. Discovery by reaching a settlement with California and 11 other states that sued over antitrust concerns. A settlement would remove a key obstacle for the $110 billion megamerger of the two entertainment giants. Warners Bros. Discovery stock surged 10% to $30.57 on the reports, erasing all its losses for the year.
Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros.Paramount, which is run by David Ellison, whose ultra-wealthy family has ties to US President Donald Trump, won a bidding war in February for control of a stable of assets, including Warner Bros.
Alexis Ohanian warns investors to watch traffic logs and corporate contracts.
Micron shares are up 247% this year and Wall Street has piled on with 92% bullish coverage, yet the stock sits nearly 40% below the consensus price target heading into a make-or-break earnings report. What it takes to reach $1,600 is more complicated than the bulls want to admit.
Old Dominion Freight Line announced Monday a 4.9% general rate increase across various tariff codes effective Oct. 5, moving the date up by a month for the second consecutive year. The post Old Dominion pulls forward 4.9% GRI as LTL carriers accelerate rate hikes appeared first on FreightWaves.
The bank raised its 2026 year-end target to 7,400 and set a 12-month goal of 7,800, closing out a losing bet against Alphabet and Meta in the process.
Two-year averaging could steady capital planning without automatically lowering JPMorgan's requirement.
ExxonMobil (XOM) refining upside could offset lost earnings from its Middle East exposure, and the c
Sept 21 (Reuters) - Paramount Skydance has settled with California and 11 other states that sued to block its $110 billion acquisition of Warner Bros Discovery, a source familiar with the matter said on Monday, clearing one of the last hurdles to a deal that would reshape Hollywood. The settlement includes the creation of independent editorial boards for CNN and CBS, the source said, a move aimed at safeguarding the independence of their news operations under the combined company.
Two structural shifts could reshape how investors price risk
Tech stock news for the week of Sept. 21.
Paramount won’t have to sell cable channels under the $81 billion merger poised to reshape Hollywood.
Anthropic PBC is partnering with Accenture Plc to test the safety of its advanced artificial intelligence models. Evaluators from Accenture will be embedded and tasked with trying to "break" these models before they're deployed. Bloomberg's Ed Ludlow reports.
The S&P 500 has swung back into positive territory for the month, thanks to a rally in tech shares today. Chip stocks, software firms, hyperscalers and shares of companies whose fortunes are tied to cryptocurrencies are all rallying in early trading.
Robinhood's CEO believes a federal program that barely exists yet could reshape how Americans build wealth for generations, but independent economists see a very different outcome unfolding.
Sept 21 (Reuters) - Paramount Skydance has reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery, Bloomberg News reported on Monday,
Oracle, British American Tobacco, Cisco, Charles Schwab, and Goldman Sachs each combine dividend yield, projected earnings growth, and Moderate Buy analyst ratings, per MarketBeat data.
Jim Cramer posted something about Oracle that tells investors more about the state of the AI trade.
Yahoo Finance Executive Editor Brian Sozzi runs down the warning signs in resilient markets, including surging downside volume on the NYSE (^NYA), a 5% decline in small-cap stocks from their highs, mounting pressure from oil prices (BZ=F) (CL=F), and another possible Federal Reserve rate hike. Sozzi also reacts to DJ John Summit performing a set on the NYSE trading floor.
Oura, the Finnish maker of smart health-tracking rings, disclosed plans on Monday to sell 50 million shares priced between $40 and $44 each in its initial public offering. The offering could raise as much as $2.2 billion and value the company at up to $14.1 billion based on its outstanding...
Stifel analysts have cut their estimates on apparel giant Nike's (NKE) fiscal first quarter earnings, which are due out on October 1. Yahoo Finance Executive Editor Brian Sozzi gives a break down of the areas where Nike may be coming up short in.
A rough run for Nike continues.
Stocks kicked off Monday's trading session in the green as investors optimistically looked to this week's United Nation General Assembly as an opportunity for an Iran resolution. The Nasdaq Composite popped 1%. "Stocks are coming off a second week of navigating multiple obstacles—high oil prices and yields, a rate hike, renewed concerns about AI risks—without suffering too much damage," Chris Larkin at E*TRADE from Morgan Stanley said.
Talen Energy's enlarged fleet and stronger market backdrop set a higher benchmark for converting favorable power conditions into sustained cash generation.
Westinghouse's IPO could unlock significant value for its owners.
Keep an eye on what's happening underneath the surface of the market.
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