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US Labor Market Shows Resilience, Tesla Slumps After Trump-Musk Feud: This Week In Markets
Economy added 139,000 nonfarm payrolls in May, exceeding expectations. Trump celebrated but clashed with Musk over tax bill, causing Tesla’s stock to drop. read more
Deal Dispatch: TV Stations For Sale, This Buyer Wants Seconds On Pasta
Byron Allen dials out, Salesforce logs in. Here are the various deal announcements of the past week plus bankruptcy updates. read more
JPMorgan Lifts Acadia Price Target After Nuplazid Patent Victory
Acadia wins Nuplazid patent case, extending protection to 2038, as JP Morgan boosts price target ahead of key appeal on the ‘740 COM patent. Latest Ratings for ACAD Date Firm Action From To Mar 2022 Cantor Fitzgerald Maintains Overweight Mar 2022 Goldman Sachs Maintains Neutral Mar 2022 Mizuho Maintains Neutral View More Analyst Ratings for…
Abacus Global Management Shares Jump After Announcing Buyback Plan And Insider Purchases
Abacus Global Management Inc. (NASDAQ: ABL) shares are trading higher Friday after the company announced a $20 million share repurchase program and disclosed insider buying totaling over $2 million. read more
SoFi Technologies Stock Surges As Growth Outlook Impresses: What’s Going On?
SoFi shares surged following a bullish presentation outlining the company’s strong growth outlook. Ambitious revenue targets and strong growth in loans and deposits are fueling the gains. read more