Business

Business
Business

JPMorgan resets LLY stock target on drug demand

Eli Lilly (LLY) keeps setting records, and Wall Street’s rating of its stock keeps increasing as well.  On Tuesday, one of JPMorgan’s most closely watched healthcare stock analysts, Chris Schott, who frequently covers Pfizer Inc. (PFE), Eli Lilly, and Teva Pharmaceutical Industries Ltd. (TEVA), gave investors something to pay attention to. He set a new

Read More
Business

Tesla stock gets a surprising SpaceX reset

Tesla’s (TSLA) fresh bull case lands at a strange moment for the stock. Investors were anxiously waiting for a demand reset after concerns of some major EV competition, sluggish margins, and lackluster growth.  However, in a surprise turn of events, Tesla then beat Q2 delivery estimates by a wide margin, giving bulls a rare hard-data

Read More
Business

Trump floats intriguing Elon Musk, SpaceX plan

On July 2, Trump sat down with CNBC for an interview in the Oval Office. He talked about tariffs, the Federal Reserve, and his business dealings. Then he was asked about Elon Musk. His answer says more about the current state of their relationship than almost anything that has come out of Washington recently. Trump

Read More
Business

Michael Burry doubles down on AI chip bubble with Micron short

Michael Burry made his name betting against the housing market before the 2008 crash. Now, “The Big Short” investor is turning that same skepticism toward artificial intelligence, and Micron Technology just landed on his watchlist.  On July 1, Burry disclosed he shorted Micron (MU) shares at $1,051.87, according to a Substack post.  Valued at a

Read More
Business

Jim Cramer makes bold buy call on one booming energy stock

When Jim Cramer says a stock is his favorite in a category and mentions it sits in his Charitable Trust as a “very big position,” that is not a casual endorsement. Rather, it’s a declaration of conviction. On Mad Money’s Lightning Round on June 30, a caller asked about GE Vernova (GEV). Cramer did not

Read More
Business

Goldman Sachs doubles down on Robinhood stock after record trading surge

Robinhood has spent the last year adding businesses at a pace few brokerages can match. Prediction markets, banking, an AI trading assistant, and a new credit card all launched within months of each other.  Now Wall Street is starting to price in what that expansion means for the bottom line. Analysts are bullish on Robinhood

Read More
Business

Axon and Rocket Lab rallied while chip stocks sank

SanDisk Corp. (SNDK) closed out the holiday-shortened week as the Nasdaq’s biggest loser, ending Thursday at $1,745 a share, down 26% for the week, according to Seeking Alpha. Micron (MU), Western Digital (WDC), Seagate (STX) and Teradyne (TER) fell alongside it, each posting double-digit weekly losses in a sector that had led the market for

Read More
Business

Top analyst has bold Costco stock outlook for 2026

Costco Wholesale (COST) shares slipped on Monday, June 29, as one of Wall Street‘s top retail analysts delivered an attention-worthy message on the stock. Bernstein analyst Zhihan Ma named Costco and discount chain Dollar General (DG) her top retail picks for the second half of 2026.  Earlier this week, she raised her Costco price target

Read More
Business

Wall Street’s $200 billion IPO wave threatens sell-off

SpaceX, Anthropic, and OpenAI are collectively moving toward public offerings that could rank among the most valuable stock sales ever completed. The flood of new shares entering the market creates selling pressure on stocks that investors already have in their portfolios.  Academic research suggests that every dollar pulled from existing stocks to fund new offerings

Read More
Business

Goldman Sachs, Morgan Stanley announce new employee perk

A new federal savings account for children launches July 4. Goldman Sachs and Morgan Stanley each committed to matching the government’s $1,000 opening deposit for their employees’ children before the program even opened. Both banks confirmed the match on July 2, Reuters reported. More than 87 companies and organizations had made similar commitments by the

Read More