Hims & Hers Health Inc. (NYSE:HIMS) stock is trading lower following a media report revealing that the Federal Trade Commission (FTC) has been investigating the company’s business practices for over a year. Bloomberg reported Thursday that the Federal Trade Commission has…
U.S. stock buybacks are on track to hit a record $1.1 trillion in 2025, sparking sharp debate among experts like Mark Cuban and Georgetown professor Rush Doshi over their economic impact and taxation. Record Stock Buybacks Fuel Corporate Wealth But…
Japan’s Softbank Group Corp. (OTC:SFTBY) is reportedly in talks with major U.S. investment banks regarding an initial public offering for its payments platform, PayPay. Softbank is testing its 52-week high. See the chart here. A $2 Billion Offering The banks…
On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said FLEX LNG Ltd. (NYSE:FLNG) is up 10% on the year. The company has a 12% dividend yield and 13 times…
Oracle Corporation (NYSE:ORCL) is poised to become the fourth-largest global hyperscaler, according to a recent analysis by Bernstein. Oracle Eyes 22% Upside As Cloud, AI Boosts Outlook Oracle’s stock has been given an outperform rating by Bernstein analyst Mark Moerdler, who has…
Tesla Inc. (NASDAQ:TSLA) is the world's most ambitious AI endeavor, according to ARK Invest CEO Cathie Wood, who predicts its autonomous vehicle efforts could generate trillions in revenue. Autonomous Taxis Could Add $10 Trillion To Global GDP In a June…
Prediction markets show minimal belief that Donald Trump will attempt to remove Federal Reserve Chair Jerome Powell by the end of August, despite the former president's latest attack on Powell via Truth Social. What Happened: According to decentralized prediction platform…
JPMorgan Chase (NYSE:JPM), the largest U.S. bank with over $4 trillion in assets, has partnered with Coinbase (NASDAQ:COIN) to roll out a suite of crypto access features for its 80 million-plus customers, the companies announced on July 30. What Happened:…
Tesla Inc. Rivals BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF), Toyota Motor Corp (NYSE:TM), Volkswagen AG (OTC:VLKAF) and Buick, owned by General Motors Co. (NYSE:GM), have been accused of inflating sales figures in China amid fierce competition. What Happened: A review of…
U.S. President Donald Trump is pressing ahead with a move to allow Chevron to resume oil operations in Venezuela, reversing a previous policy stance and defying opposition from senior Republicans. The shift comes after a recent prisoner exchange with Caracas…
