Business

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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

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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

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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

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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

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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

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Business

Top-rated analyst sets a jaw-dropping Intel stock price target

Intel spent most of 2023 and 2024 as one of the most beaten-down chip stocks on Wall Street. Frank Lee, an HSBC semiconductor analyst, was among the skeptics. In late 2025 he had the company on reduce with a $24 price target and a straightforward message: time to bail out. On July 2, Lee published

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Business

JPMorgan tweaks gold price target as Fed risks return

Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year’s end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% for the week, even as JPMorgan recently

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Business

Morgan Stanley resets Southwest Airlines stock price target

Southwest Airlines has spent the past year and a half tearing up its own playbook. For a company that built its identity on being different from every other airline, that is a big deal. Now Wall Street is starting to agree the bet is paying off. Morgan Stanley just gave Southwest Airlines (LUV) a fresh

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Business

Wells Fargo doubles down on stock market and AI

Wall Street spent most of 2025 convinced that Federal Reserve rate cuts were the unlock for the next leg of the stock market rally. That thesis did not play out the way most strategists expected. On June 30, Wells Fargo put a number on what the market has actually been running on instead. Wells Fargo

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Business

Another airline cancels 8 flights to the U.S.

Even after President Donald Trump toned down his earlier rhetoric around annexing Canada and calling what was once a friendly ally “the 51st state,” Canadian travel to the U.S. has remained at record lows. The latest travel numbers released by the Canadian government and crunched by the University of Toronto show that border crossings in

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