Stock market

DraftKings stock drops on new Illinois betting tax

Investing.com -- Shares of DraftKings (NASDAQ:DKNG) fell 5%, while Flutter saw a 3.3% decline following the announcement of new legislation in Illinois that introduces additional fees for online sport

Morgan Stanley: Nvidia stands out as a unique investment case

Investing.com -- Morgan Stanley reiterated its Overweight rating on Nvidia (NASDAQ:NVDA), calling it a "unique opportunity" in the semiconductor space and maintaining it as the firm’s top pick despi

BofA lifts Boeing to Buy, sets a new Street high price target

Investing.com -- Bank of America upgraded Boeing (NYSE:BA) to Buy and raised its price target to $260 a share on Monday, now the highest target on Wall Street, as confidence builds in the aerospace co

BioNTech and Bristol Myers Squibb enter up to $11.1B cancer drug collaboration

Investing.com -- BioNTech SE (NASDAQ:BNTX) and Bristol Myers (NYSE:BMY) Squibb have announced their global collaboration for the co-development and co-commercialization of BioNTech’s experimental bi

RBC sees S&P 500 likely falling from current levels by year-end

Investing.com -- RBC Capital revealed in a note to clients on Monday that it has revised its year-end 2025 S&P 500 target to 5,730, up from 5,550, but warned that the index is still likely to decline

Moderna gains as FDA nod for next-gen COVID-19 vaccine

Investing.com -- Moderna (NASDAQ:MRNA) saw its shares rose nearly 5% in premarket trading Monday after the U.S. Food and Drug Administration (FDA) has approved the drugmaker’s next-generation COVID-

Tesla sales in Norway soar 213% in May, driven by Model Y demand

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Chip stocks slide on Trump plan to expand China tech restrictions

Investing.com -- Chip stocks slid lower on Monday on reports that the Trump administration is preparing to tighten restrictions on China’s tech sector by expanding existing rules to include subsidia

Kalkine - ASX 200 Merger: Brickworks and Soul Patts Reach New Highs on Corporate Restructure

Highlights,Brickworks (ASX:BKW) and Soul Patts (ASX:SOL) announced a merger, with both stocks reaching new all-time highs.,The merger will create a streamlined corporate structure with Soul Patts shareholders owning the majority stake.,Additional inf...

Analysts assess the potential impact of Trump’s surprise 50% steel tariffs

Investing.com -- U.S. President Donald Trump unexpectedly announced on Friday that steel and aluminum tariffs will double to 50%.

VIDEO: How to analyze a stock like a pro with the CEO of HF Foods

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Kalkine : Detentions in Mali Impact Mining Sector: Developments Affect All Ordinaries Index Today

Highlights,Resolute Mining (ASX:RSG, LON:RSG) confirmed that three executives were detained in Mali following discussions with local authorities.,The detentions are part of broader government measures aimed at enforcing tax compliance and restructuri...

Hims & Hers Health trims workforce amid strategic realignment

Investing.com -- Hims Hers Health Inc (NYSE:HIMS), a telehealth firm known for offering consumer-focused digital healthcare, is reducing its headcount by more than 4% as part of a pivot in its busines

California senate probing Paramount over 2024 $15M offer to Trump’s campaign

Investing.com -- The California State Senate has initiated an investigation into Paramount, following allegations that the network may have breached state laws pertaining to bribery and unfair competi

S&P 500 falls amid new US-China tech sanctions

Investing.com -- Major averages, including the S&P 500, faced a downturn on Friday, falling 1% in response to reports of the US planning to expand technology sanctions against China. The proposed meas

Saudi Arabia reportedly planning massive Airbus order

Investing.com -- Saudi Arabia is preparing to order Airbus jets worth billions of dollars as the country aims to keep pace with the aviation growth seen in its Gulf neighbors, according to a Reuters r

AGCO downgraded as Citi says risk/reward now more balanced

Investing.com -- Citi downgraded AGCO Corporation to Neutral from Buy in a note Friday, citing a more balanced risk/reward profile following a sharp rally in the stock and a shift in market expectatio

Wall Street is getting very worried about this section of the ’Big Beautiful Bill’

Investing.com -- Wall Street analysts highlighted potential risks associated with a new U.S. tax targeting foreign investors, which is part of a budget bill currently under consideration in Congress.

Gunvor and Azerbaijan’s SOCAR reportedly competing to acquire Italiana Petroli

Investing.com -- Global commodity trader Gunvor and the State Oil Company of Azerbaijan (SOCAR) are in a tight competition to acquire oil refiner Italiana Petroli, according to a Reuters report on Fri

TSX falls marginally on U.S.-China talks stalling, despite GDP growth