234-year-old book and news chain starts closing hundreds of stores

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With so much of the reading experience moving from print to digital over the last three decades, even the biggest bookstore and newspaper chains...

Fed hold leaves Circle’s key profit question unanswered

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Circle Internet Group (CRCL) issues USDC, a digital token backed by cash and short-term government securities and designed to maintain a value of $1.The...

Comcast hopes generous offers will slow internet customer losses

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Comcast, which owns Xfinity, is betting big on a slate of generous offers to deter customers from ditching its internet services. In the second quarter...

Morgan Stanley resets Akamai stock price target amid sell-off

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Wall Street is watching Akamai Technologies closely after a blockbuster deal reshaped the company's growth story earlier this year.Morgan Stanley reaffirmed its “Overweight” rating...

BofA says Fed hike today would be one for the books

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Central banks spend decades building a reputation and can spend the whole thing in a single afternoon.Every institution that manages expectations for a living...

Coke is thriving on same consumer behavior Pepsi says is fading

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When a large company misses a quarter, the customer usually takes the blame. Wages are tight, gas is expensive, budgets are stretched thin. It...

Redfin reveals surprising turn in America’s housing market 

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Vacation-home demand was expected to remain sluggish, as the broader housing market was marred by elevated mortgage rates and weaker transaction activity. However, according to...

Top analyst revamps Google stock price target on key move

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Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren't bad. Cloud grew 82%...

Nvidia stock faces new risk from China’s AI loophole

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Nvidia(NVDA) investors have no shortage of reasons to remain bullish.The AI chipmaker posted record revenue of $81.6 billion for the first quarter of fiscal...

Delta Air Lines axes three routes, offers refunds

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With jet fuel prices continuing to sit at decades-old highs over the war in Iran and the closure of the Strait of Hormuz, almost...

Recent Posts

Uniswap Eyes 4.2000 After Breaking Key 3.800 Resistance, 30…

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Uniswap cryptocurrency can be expected to rise further to the next resistance level 4.2000. Uniswap broke key resistance level 3.800 Likely to rise to...

GoMining Launches GoBTC Pay SDK and API for Bitcoin Payments

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As part of the launch, GoMining is onboarding an initial set of up to 10 merchants and ecosystem partners. GoBTC Pay settles directly on Bitcoin...

Why Delta trades less like an airline and more like a loyalty business

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Delta Air Lines (DAL) did not just report a strong travel quarter.Delta Air Lines beat June-quarter estimates, maintained its full-year forecast, and boosted its...

Bank of America takes firm position on inflation, economy

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Every month, Bank of America surveys some of the world's largest institutional investors to build a picture of how professional money managers see the...

IBM stock just got powerful new price target from Wall Street

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June 23 gave me three reasons to pay closer attention to International Business Machines (IBM), also known simply as “Big Blue.” All three arrived...