20 analysts raised their price targets on this Asian AI-linked stock in the past 2 weeks
One under-the-radar stock linked to the artificial intelligence supply chain — particularly Nvidia’s — is a hot favorite among analysts right now.
UBS reveals its most and least preferred Asian tech stocks — giving 2 over 100% upside
“Bottom up, we do not believe the Tech outlook has dramatically changed,” the bank’s analysts say.
Stocks close higher, S&P 500, Nasdaq notch six-day winning streak as comeback rally gains steam
Better-than-expected retail sales data out Thursday helped assuage investor’s recession worries, helping to extend winning streaks for the S&P 500 and Nasdaq.
Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock as he departs Chipotle
Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle.
How Elliott’s monthslong Starbucks campaign got it a better deal than it asked for
Elliott’s biggest win this year may be at Starbucks, beginning with private discussions and ending with a CEO change that investors and activists cheered.
Warren Buffett’s Berkshire Hathaway builds new stakes in Ulta Beauty, Heico
Warren Buffett’s holding company took small stakes in beauty retailer Ulta Beauty as well as electronics and aerospace firm Heico last quarter.
WHO declares mpox a global public health emergency for second time in two years
Mpox can spread through close contact. Usually mild, it is fatal in rare cases. It causes flu-like symptoms and pus-filled lesions on the body.
A U.S. construction boom is sending rents lower and creating perks for renters
Newly built apartment buildings are helping increase the supply of available rental units in some parts of the country. The result? Price cuts and added perks.
Michael Burry of ‘The Big Short’ fame made Chinese internet companies his top bets last quarter
Michael Burry, known for calling the subprime mortgage crisis, completely revamped his portfolio last quarter.
Inflation reports clear way for Fed to cut, but how much is still the question
Markets now expect a better chance for a quarter percentage point cut in September, but are still leaving the door open.
