Dan Ives, managing director at Wedbush Securities, said on Friday in an interview with CNBC that the software stocks under pressure may be at a turning point.
Following a week of intense market turbulence, BofA Securities (NASDAQ: NVDA) analyst Vivek Arya has issued a major price target upgrade for Nvidia Corp. (NASDAQ: NVDA) today, February 27, 2026. Raising the target from $275 to $300, Arya cited an "agentic AI inflection point" and overwhelming demand for the company’
As the final reports of the fourth-quarter earnings season trickled in through late February 2026, the S&P 500 demonstrated a resilient performance that caught many analysts by surprise. The benchmark index recorded an 8.2% year-over-year increase in earnings per share (EPS), marking a significant milestone in a market
In a dramatic departure from his historically cautious stance, Mike Wilson, Chief U.S. Equity Strategist at Morgan Stanley (NYSE: MS), has stunned Wall Street by raising the firm’s 12-month S&P 500 price target to a lofty 7,800. This projection, released as the market moves through the
In a move that has sent shockwaves through the media landscape and ignited a massive rally in its share price, Netflix (NASDAQ: NFLX) officially announced late yesterday, February 26, 2026, that it has terminated all discussions regarding a potential acquisition of Warner Bros. Discovery (NASDAQ: WBD). The decision marks the
In a move that fundamentally redraws the map of the global entertainment industry, Paramount Skydance Corporation (NASDAQ: PARA) and Warner Bros. Discovery (NASDAQ: WBD) officially announced a definitive merger agreement on February 27, 2026. The all-cash transaction, valued at approximately $111 billion including the assumption of debt, represents the largest
In a move that has sent shockwaves through the global financial markets, OpenAI has finalized a historic $110 billion funding round, the largest venture capital injection in history. This massive infusion of capital values the artificial intelligence pioneer at a staggering $840 billion post-money, a figure that reflects the industry's
In a post on Truth Social, U.S. President Donald Trump said that there would be a six-month phase-out period for all government agencies, including the Department of War, using Anthropic’s technology.
Shares of equipment distribution company Alta Equipment Group (NYSE:ALTG) jumped 4.2% in the afternoon session after the company reported better-than-expected fourth-quarter revenue and provided strong guidance for the upcoming year. For the quarter, sales grew 2.2% year over year to $509.1 million, surpassing analyst estimates. While the company posted a wider-than-anticipated adjusted loss of $0.27 per share, investors appeared to focus on other positive financial improvements. Alta's free cash flow margin improved significantly, rising to 13.4% from 4.3% in the same quarter last year. Furthermore, the company's financial forecast for 2026 projected adjusted EBITDA of around $180 million at the midpoint, which was above what analysts had expected.
Despite a winter defined by the lingering shadows of a historic government shutdown, persistent tariff-induced inflation, and a cooling labor market, the American consumer has once again emerged as the primary engine of economic growth. New data from early 2026 confirms that retail spending has risen by a robust 3.
As we move through the first quarter of 2026, the global financial markets are grappling with a staggering new reality: the world’s largest technology companies are now spending at a rate that dwarfs the annual GDP of most mid-sized nations. Driven by a relentless pursuit of artificial intelligence supremacy,
The high-octane artificial intelligence rally that defined the previous two years hit a significant roadblock in February 2026, as investors abruptly pivoted away from expensive growth stocks toward the stability of "old economy" sectors. While the tech-heavy Nasdaq reeled from a valuation reset, the Utilities Select Sector SPDR Fund (NYSE:
The United States labor market has entered a period of cautious stability in early 2026, characterized by a "low-hire, low-fire" equilibrium that has left economists and investors debating the difference between a successful soft landing and a period of prolonged stagnation. According to the latest data, weekly jobless claims fell
