TD Cowen bets SpaceX’s next growth engine is AI computing power, not rockets
TD Cowen has assigned SpaceX a buy rating and a $200 price target, arguing the company's real growth driver is…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Summit Shares Surge 15% on $2 Billion AstraZeneca Equity Deal
Summit Therapeutics shares jumped 15% in extended trading after AstraZeneca agreed to invest $2.0 billion in the biopharmaceutical company. The…
Michael Burry Swaps AI Stock Shorts for Puts, Sees Bubble Bursting Sooner
Michael Burry has swapped several of his short positions on AI-linked stocks for put options, saying the move gives him…
PepsiCo plans to raise prices, and Wall Street analysts flag concern
PepsiCo will raise prices on chips, dips and sodas in the months ahead, reversing course after earlier cuts failed to…
GQG’s Rajiv Jain Reverses Skeptical Stance on AI Investments
Rajiv Jain, chairman and chief investment officer of GQG Partners, has reversed his long-held skepticism toward artificial intelligence investments. The…
