DuPont’s Strategic Split Could Unlock Value, But PFAS Risks Loom Large, Says BofA Analyst
BofA Securities analyst raises DD's price target from $74 to $80, reiterating underperform rating. Split into 3 companies may increase valuations.
US Stocks Waver, Nvidia Lifts Chipmaker Boats, GameStop Spikes, Moderna Tumbles: What’s Driving Markets Tuesday?
Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.
Nvidia’s Meteoric Rise: How Does It Compare To Other Market Rallies?
Bespoke analysts compared Nvidia to Microsoft, Amazon and Apple. Here's what the experts determined about the company's stock rally.
Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven?
Value investors are turning to the travel and leisure industry for potential growth and discounted valuations, as travel stocks catch up to the broader market.
Energy Transfer Expands Permian Presence With $3.25B Acquisition: Details
Energy Transfer LP to acquire WTG Midstream Holdings LLC for $3.25 billion in a deal that is expected to boost natural gas infrastructure in Permian Basin.
Novo Nordisk Faces Scrutiny Over High Prices of Ozempic And Wegovy, Blames US Health System
Novo Nordisk retains around 60% of the list price for its diabetes and obesity medications, Ozempic and Wegovy, after rebates and fees.
Why Brazilian Oil Company Petrobras Stock Is Higher Today
Petrobras' new chief executive officer Magda Chambriard reportedly stated that a basin in Brazil's Equatorial Margin was a matter of "national interest." On Friday, Petrobras appointed Magda Chambriard as a member of the Board of Directors and elected her as the company's new CEO. She replaced prior CEO Jean Paul Prattes, who had resigned amid a dispute over dividend payments.
Investors Fear Exxon Lawsuit Hinders Sustainability Proposals: Report
A group of institutional investors worth $4.4T urges companies to stop suing shareholders over proposals, citing long-term harm and SEC intervention.
Magnificent 7 Becomes ‘The Magnificent One’: Wall Street Guru Hails Single Tech Stock As Market Leader
Wall Street investor Ed Yardeni rebrands the 'Magnificent Seven' as 'Magnificent One', highlighting Nvidia as key driver of market gains.
Mining Rivals Join Forces: Rio Tinto & BHP Partner On Electric Truck Trials
BHP and Rio Tinto collaborate on testing battery-electric haul truck technology in Pilbara, Western Australia, in line with net zero emissions goal.