Why this investment bank sees more than 30% upside on Meta
Investment banking firm Loop Capital maintained its bullish stance on Meta platforms with a target price of $888.This indicates a 38% upside from Thursday’s closing price.AI performance Loop Capital’s analysts said that Facebook’s parent company’s artificial intelligence-driven performance has made up
Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?
Archer Aviation Inc (NYSE: ACHR) has been named the official air taxi provider for the LA28 Olympics. Shares of the eVTOL company are up 10% at the time of writing. ACHR’s electric vertical take-off and landing vehicles are now slated
Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in
The global weight-loss drug market, once dominated by Novo Nordisk, is undergoing a dramatic transformation. On Friday, the Danish pharmaceutical giant announced it would replace its long-serving chief executive, Lars Fruergaard Jorgensen, as the company faces mounting pressure from rivals
What made Cox Communications say ‘yes’ to a buyout after years of resistance?
Cox Communications has been a potential takeover target for years. But despite several attempts from multiple suitors, the company always remained steadfast in rejecting all buyout proposals.However, that changed today, May 16, with an announcement that Cox has agreed to
Business owners: FEMA ‘denied’ assistance at every turn after Helene
(NewsNation) — Hurricane Helene hit Florida hard months ago, and the co-owners of NorthFlora Collective, Keith and Racquel Pogge, say they and many other small businesses are still waiting for assistance from the Federal Emergency Management Agency or have been
Melania Trump’s statue in native Slovenia cut off at feet, stolen
(NewsNation) — Police in Slovenia are investigating the disappearance of a bronze statue of U.S. first lady Melania Trump that was sawed off and carried away from her hometown. The life-size sculpture was unveiled in 2020 during President Donald Trump’s first
Will a crypto bull run happen? 4 altcoins to buy if it does
The recent crypto bull run has paused as some investors started taking profits since most coins were up by double digits from their April lows. This article explores whether the bullish momentum has more room to run and some of
Pi Network price prediction: Will Pi Coin recover from this plunge?
The Pi Network price suffered a harsh reversal this week after a highly anticipated news event fell short of expectations. The highly popular Pi Coin price plunged to a low of $0.86 on Friday, down sharply from this week’s high
AUD/USD forecast and RBA interest rate decision preview
The AUD/USD exchange rate remains in a tight range ahead of the closely-watched Reserve Bank of Australia (RBA) interest rate decision. It was trading at 0.6423 on Friday, a level it has remained at in the past few weeks. RBA interest
Estee Lauder stock price analysis: rebound can’t be ruled out
Estee Lauder stock price has been left behind in the past few years as the once-popular brand goes through its deepest slump in years. It has plunged from a high of $354 in January 2022 to $63, erasing billions of
Best crypto to buy as the fear and greed index hits 62
While the crypto market rally has stalled, there are signs that it will bounce back soon as investors have maintained their risk-on view, with the fear and greed index remaining at the greed zone of 62. As we wrote earlier, there
Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over President Donald Trump’s tariffs. Dick’s said Thursday
Netflix says its ad tier now has 94 million monthly active users
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its peers have been increasingly leaning on advertising to boost the profitability
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company’s next
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena