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UBS to Close Robo-Advisor, Joining Big Banks’ Retreat From Digital Advice
Market Updates

UBS to Close Robo-Advisor, Joining Big Banks’ Retreat From Digital Advice

UBS plans to wind down its purely digital robo-advisor, UBS Advice, next month, making it the latest big bank to throw in the towel on digital advice. Existing UBS Advice accounts will transition to a...

  • May 16, 2025 11:28 AM PDT
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OpenAI to Help UAE Develop One of World’s Biggest Data Centers
Market Updates

OpenAI to Help UAE Develop One of World’s Biggest Data Centers

(Bloomberg) -- OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, a major bet on the Middle East and a significa...

  • May 16, 2025 11:26 AM PDT
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American Electric Power Stock Earns RS Rating Upgrade
Market Updates

American Electric Power Stock Earns RS Rating Upgrade

American Elec Power shows improving price performance, earning an upgrade to its IBD Relative Strength Rating Continue Reading View Comments

  • May 16, 2025 11:24 AM PDT
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أعلنت مجموعة شركات Hovnanian Enterprises عن شراكة استراتيجية بين شركتي K. Hovnanian M.E والشركة السعودية NHC
Market Updates

أعلنت مجموعة شركات Hovnanian Enterprises عن شراكة استراتيجية بين شركتي K. Hovnanian M.E والشركة السعودية NHC

ماتاوان، نيوجيرسي،, May 16, 2025 (GLOBE NEWSWIRE) -- أعلنت مجموعة Hovnanian Enterprises, Inc. (NYSE: HOV)، وهي شركة رائدة في مجال بناء المنازل على مستوى الولايات المتحدة، عن توقيع مذكرة تفاهم استراتيج...

  • May 16, 2025 11:20 AM PDT
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From insulin to Ozempic, history of Novo Nordisk's CEOs
Market Updates

From insulin to Ozempic, history of Novo Nordisk's CEOs

(Reuters) -Ozempic-maker Novo Nordisk on Friday ousted its CEO Lars Fruergaard Jorgensen over concerns the company is losing its first-mover advantage in the competitive obesity drug market to America...

  • May 16, 2025 11:17 AM PDT
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Private Credit Gets a Scorecard as Morningstar Steps In
Market Updates

Private Credit Gets a Scorecard as Morningstar Steps In

Morningstar has been grading stock and bond funds for years, but it's now going to begin rating less-liquid private asset funds marketed to the masses. CEO Kunal Kapoor joined Bloomberg Open Interest...

  • May 16, 2025 11:12 AM PDT
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Netflix Stock Hits Record High On Advertising Initiative
Market Updates

Netflix Stock Hits Record High On Advertising Initiative

Netflix stock climbed to a record high as Wall Street responded positively to the streaming video leader's advertising plan. Continue Reading View Comments

  • May 16, 2025 11:03 AM PDT
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RTX's Raytheon awarded $580 million production contract for Next Generation Jammer Mid-Band
Market Updates

RTX's Raytheon awarded $580 million production contract for Next Generation Jammer Mid-Band

Electronic attack capability will counter new and emerging adversary threats MCKINNEY, Texas, May 16, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $580 million follow...

  • May 16, 2025 11:00 AM PDT
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Buffett Sours on Bank Stocks—and Berkshire Misses Out on Huge Gains
Market Updates

Buffett Sours on Bank Stocks—and Berkshire Misses Out on Huge Gains

It is unclear why Buffett is less enthusiastic about banks since they check some of his investment boxes, including reasonable valuations. Continue Reading View Comments

  • May 16, 2025 10:57 AM PDT
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Archer Aviation (ACHR) Jumps 45% This Week on Q1 Beat, UAE Air Taxi Launch
Market Updates

Archer Aviation (ACHR) Jumps 45% This Week on Q1 Beat, UAE Air Taxi Launch

Archer Aviation (ACHR) surged more than 8% on Friday morning, bringing its weekly gain to 45%, after posting stronger-than-expected first-quarter results and reaffirming plans to launch commercial ele...

  • May 16, 2025 10:53 AM PDT
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