Wiz’s rapid ascent to $10 billion valuation in market downturn shows cloud security is ‘still huge’
Wiz is gaining traction quickly in cloud security and taking business from Palo Alto Networks, but not simply by offering lower prices.
Jefferies says this plumbing stock can rally nearly 30%, sees company increasing market share
Jefferies upgraded the stock to buy from hold. Its new price target of $181 implies shares rallying 28% from Monday’s close.
IBM takes another shot at Watson as A.I. boom picks up steam
IBM is out with WatsonX, its biggest artificial intelligence bet since the original Watson
Trump barred from making evidence public in Stormy Daniels hush money case
Donald Trump is charged with falsifying business records related to a hush money payment to porn star Stormy Daniels before the 2016 presidential election.
Tesla urged by seven senators to end forced arbitration for workers and customers
Similar to most large companies, Tesla requires workers to sign an arbitration agreement upon employment wherever it is legal to do so.
Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows
The Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments.
Stifel raises S&P 500 target on falling inflation expectations, says buy cyclical stocks
Strategist Barry Bannister hiked his second- and third quarter S&P 500 target price to 4,400 from 4,200.
Outlook for household spending slumped in April, New York Fed survey shows
The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.
