Business news

LAZR stock price is having a lackluster year: Is Luminar a good buy?

are up by about 50% year-to-date but they remain about 33% below the highest point during the year. In all, the stock has plunged by over 80% from its...

UnitedHealth shares jump 8.0% on strong Q2: analyst still sees signi...

UnitedHealth Group Inc (NYSE: UNH) is up roughly 8.0% on Friday after the managed healthcare company reported a strong second quarter. UnitedHealth sh...

Buy Microsoft stock as the ‘set up is too attractive’ to not – analy...

Microsoft Corp (NASDAQ: MSFT) has underperformed relative to its peers since early May and that creates an opportunity to buy a quality name at an att...

Eli Lilly to expand in obesity drugs with $1.925 billion acquisition...

Shares of Eli Lilly & Co (NYSE: LLY) gained nearly 4.0% today after the pharmaceutical behemoth said it will buy Versanis Bio for up to $1.925 bil...

iShares Russell 2000 (IWM) ETF just formed a bullish golden cross

The iShares Russell 2000 ETF (IWM) has done well recently as demand for American shares jumps. The fund, which tracks the top small-cap stocks in the...

Analyst: Wells Fargo has one of the ‘best deposit bases’ despite a 6...

Wells Fargo & Co (NYSE: WFC) reported better-than-expected results for its fiscal second quarter on Friday. Its shares are up slightly this mornin...

Shopify stock price is severely overvalued: Is it a safe buy?

Shopify (NYSE: SHOP) stock price made a bullish breakout this week and surged to the highest level since April last year. The shares have surged by mo...

Pro says ‘AI is the new industrial revolution’ – would it benefit Sh...

Artificial intelligence has really been a boon for the S&P 500 that’s now up roughly 18% year-to-date. Still, many believe the emerging tech...

Nikola stock price short squeeze: get out when you can

Nikola (NASDAQ: NKLA) stock price surged by more than 60% on Thursday as investors cheered a big order for the company’s hydrogen trucks. The sh...

Bitcoin’s market dominance hits record lows as altcoins soar post-XR...

Bitcoin’s dominance, its share of the overall cryptocurrency market, dipped on Thursday following Ripple’s win against the United States S...

JP Morgan revenue and profits surge as interest rates rise

JP Morgan (NYSE: JPM), the biggest bank in the US, published strong financial results that beat analysts estimates. The company benefited from the ris...

Carvana stock could crash over 70%: JPMorgan warns

Carvana Co (NYSE: CVNA) is grossly overvalued and runs the risk of a sharp decline in the coming months, says Rajat Gupta – a JPMorgan analyst....

iShares Dividend Growth ETF (DGRO) analysis as inflows resume

The iShares Core Dividend Growth ETF (DGRO) is one of the best-performing dividend funds this year. The fund has jumped to the highest level since Apr...

Palladium and platinum prices forecast: Will this recovery last?

Palladium and platinum prices have bounced back in the past few days even as concerns about demand continued. Platinum has jumped from the year-to-dat...

PepsiCo Q2 earnings: ‘we still have lots of opportunities to grow’

PepsiCo Inc (NASDAQ: PEP), on Thursday, reported better-than-expected results for its second financial quarter. Its shares are up more than 1.0% at wr...

Disney may offload its TV assets as ‘they may not be core’ to the me...

Walt Disney Co (NYSE: DIS) is in focus after its board revealed Bob Iger will remain the Chief Executive for another two years – through the end...

Exxon is buying Denbury for $4.9 billion: CEO Woods explains why

Shares of Denbury Inc (NYSE: DEN) inched down today after Exxon Mobil Corp (NYSE: XOM) said it will buy the carbon-capture company for $4.9 billion. W...

Delta Air Lines reports a record Q2: ‘airline is doing a fabulous jo...

Delta Air Lines Inc (NYSE: DAL) hit a year-to-date high this morning after reporting a record second quarter. Delta Air Lines stock up on strong guida...

Mitch Gould of Nutritional Products International: Inflation Rates S...

Mitch Gould, Founder and CEO of NPI Mitch Gould, founder and CEO of Nutritional Products International (NPI), views these developments positively. BO...

Cava stock price forecast: Be fearful when everyone is greedy

Cava (NYSE: CAVA) stock price has gone parabolic in the past few days as demand for the stock jumped. The shares surge to an all-time high of $52, whi...