UBS hikes its S&P 500 target to 5,400, highest on Wall Street
The S&P 500 is higher by more than 4%, having notched fresh record highs in recent weeks.
AbbVie taps longtime executive Robert Michael as new CEO, succeeding Richard Gonzalez
Michael, who is AbbVie’s chief operating officer, will become the company’s second-ever CEO since the company spun out from Abbott Laboratories in 2013.
Goldman raises S&P 500 target to 5,200, cites strong earnings
The S&P 500 has performed well to start the year despite broader economic concerns.
Nvidia faces stiff test on Wall Street this week after ‘parabolic’ stock rally
Even if Nvidia shows incredible growth, it could still come up short of elevated expectations given the stock’s fivefold increase since the end of 2022.
X social media platform restores account of Navalny’s widow, Yulia Navalnaya, after brief suspension
The X social media platform on Tuesday restored the account of Yulia Navalnaya, the widow of Russian opposition leader Alexei Navalny, after a brief suspension.
Rosenblatt calls for more than 60% upside on Super Micro Computer after stock’s massive rally
Rosenblatt forecasts shares could rally an additional 61.8% from Friday’s close, building on the stock’s 182% rally in 2024.
Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal
The merger of the two companies, which are among the largest credit card issuers in the U.S., would expand Capital One’s credit card offerings and its deposit base.
Deep-sea mining ‘seems to be inevitable,’ UN regulator says, as fight for critical minerals heats up
Michael Lodge, secretary-general of the ISA, told CNBC that global interest in deep-sea mining has climbed to levels not seen since the 1970s.
‘It is urgent’: European leaders appeal for greater support for Ukraine as Russia makes major gain
The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, defense policymakers heard.
Trump launches sneaker line
Former President Donald Trump launched a line of sneakers ranging in price from $199 to $399.
