JPM raises Carvana stock target: how high could CVNA go in 2025?
Carvana Co (NYSE: CVNA) has been one of the quintessential millionaire makers over the past two years – but a JPMorgan analyst continues to see significant further upside in its…
Investing
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These 2 stocks reporting earnings next week often beat estimates
About 25% of the companies in the S&P 500 have so far reported their earnings for the December quarter. Collectively, they’ve recorded a 31% annualized increase in earnings. Among names…
Novartis has cash for a big pharma deal—but here’s why it’s not buying
Novartis AG (SWX: NOVN) has the cash to opt for a large deal in pursuit of accelerated growth – but it’s just not interested in one, according to its chief…
LinkedIn AI data lawsuit dropped after company denies misuse
A proposed class-action lawsuit accusing Microsoft’s LinkedIn of improperly using the private data of its Premium customers to train generative artificial intelligence (AI) models has been voluntarily dismissed. The lawsuit,…
Why did Goldman Sachs upgrade Brazil’s Ultrapar to ‘buy’?
Goldman Sachs has upgraded Ultrapar Participações S.A. (UGPA3) from hold to buy, despite lowering its target price from R$25.10 to R$19.70. Goldman Sachs believes Ultrapar is well-positioned for mergers and…
Apple labeled a ‘low-growth stock’ despite record Q1 margins—here’s why
Apple Inc (NASDAQ: AAPL) saw its gross margin hit a record in its fiscal first quarter on the back of continued momentum in its services business that helped offset the…
Portugal’s Novo Banco to launch IPO amid bank consolidation speculation
The post Portugal’s Novo Banco to launch IPO amid bank consolidation speculation appeared first on Invezz
DC plane crash update: all 67 passengers feared dead, 28 bodies found
All 67 people onboard the American Airlines passenger aircraft as well as the US Army helicopter that collided mid-air on Wednesday are believed to be dead, officials said on Thursday,…
US jobless claims fall more than expected as economy stays resilient
The number of Americans filing for unemployment benefits dropped more than expected last week, signaling a still-resilient labor market despite slowing job opportunities. Initial jobless claims fell by 16,000 to…
How high can Alibaba (BABA) stock soar with its new AI model Qwen 2.5 Max?
Alibaba Group Holding Ltd (NYSE: BABA) is inching up this morning as investors continue to hail its launch of a new AI model that it claims is more powerful than…