Morgan Stanley initiated coverage of Palantir Technologies Inc. with an underweight rating and $60 price target on Monday, prompting CNBC’s Jim Cramer to predict a late-day buying surge in response. read more
Leading cryptocurrencies jumped on Monday, driven by corporate Bitcoin purchases and a fresh bullish price prediction for 2025. read more
Ark Invest sold $14.93M in Palantir shares and purchased $8.94M in Amazon stock on Monday Jan. 6, 2025, reflecting contrasting strategies amid mixed analyst sentiments. read more
Nippon Steel Corp.’s lawsuit challenging President Joe Biden’s block of its $14.9 billion acquisition of US Steel Corp. faces steep legal hurdles but could buy time for alternative deal structures, legal experts say. read more
McDonald’s Corp. (NYSE: MCD) is rolling back several diversity initiatives at its corporate level, including retiring its 35% diversity leadership goal and removing supplier diversity, equity, and inclusion requirements, the company announced in an employee letter on Monday, Jan. 6. read more
The U.S. stock market saw an upward trend today, with significant gains across S&P 500 and the Nasdaq. read more
Enovix Corp. shares are rising in extended trading Monday after the company announces the completion of site acceptance testing for its Fab2 in Malaysia. read more
Americans are facing a sharp rise in car insurance premiums, with average costs for full coverage policies increasing by 25% between early 2023 and 2024. This surge has left many searching for affordable options that don’t compromise quality. After extensive research, we’ve identified the top auto insurance companies that balance low prices with excellent coverage…
Marvell Technology, Inc. (MRVL +13.7%) witnessed a significant pre-market rise as the company surpassed third-quarter financial expectations and provided robust fourth-quarter guidance. Earnings: Marvell posted earnings of $0.43 per share, surpassing analysts’ estimates of $0.41. Revenue: Quarterly revenue reached $1.52 billion, exceeding the $1.46 billion consensus and improving from $1.42 billion in the same period…