June 5 (Reuters) – Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company’s AI ambitions, the Financial Times reported on Friday. The report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to…
Things may finally be looking up for UnitedHealth (UNH). Shares of the largest health insurer in the United States popped more than 5% in yesterday’s trading session after leading broker Bank of America upgraded the company to a “Buy” from “Neutral.” The firm also increased its price target on the stock to $450 from $420,…
Quick Read QCOM surged 68% in 30 days on hyperscaler chip news, yet handset revenue fell 13% and operating income dropped 26% last quarter. QCOM now trades 27% above the $177 analyst consensus target while SPY gained only modestly over the same post-earnings window. CEO Cristiano Amon’s hyperscaler silicon doesn’t ship until late 2026, making…
Shawn Tabak, Chief Financial Officer of Porch Group (NASDAQ:PRCH), reported the sale of 30,000 shares of common stock in an open-market transaction on May 26, 2026, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 30,000 Transaction value ~$303,000 Post-transaction shares (direct) 269,439 Post-transaction value (direct ownership) ~$2.75 million Transaction…
Dell Technologies (DELL) is still looking like one of the cleaner ways to play the AI hardware boom, and the market is paying up for that story. On June 1, DELL stock jumped about 11% and reached a new high of $469.47 after Morgan Stanley raised its price target to $448 from $170, adding another…
Valued at a market cap of $115.6 billion, Newmont Corporation (NEM) is the world’s leading gold company and a major producer of copper, zinc, lead, and silver, with operations across Africa, Australia, Latin America and the Caribbean, North America, and Papua New Guinea. The company is widely recognized for its strong environmental, social, and governance (ESG)…
Picking artificial intelligence (AI) stocks for a decade-long holding period requires more than just looking at where the momentum in the market is. The companies worth holding for that long share one trait: a profitable, established business that funds the AI build-out without putting the rest of the company at risk. Three names that arguably…
As of 12.20, the S&P 500 (SNPINDEX:^GSPC) had fallen 1.60% to 7,463.24, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 2.65% to 26,122.36, and the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.74% to 51,182.31 as a hot jobs report drove a risk-off sentiment. Market movers Artificial intelligence (AI) and chip bellwethers led declines this morning as Nvidia (NASDAQ:NVDA),…
The trust fund for Social Security retirement benefits continues to face a funding shortfall and, without action, will become insolvent by 2032 — less than seven years from now. But a new report shows just how much could be shaved off your check, depending on where you live. Social Security provides retirement benefits for 63…
Friday’s hot jobs report for May shines the light on another key surprise: The consumer is hanging tough despite higher prices for gas and food. “Good jobs report, good print. And it matches what we have been seeing over the last 12 months or so. Consistent consumer spending in the United States and around the…
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