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May 7, 2024
Medicare and Social Security go-broke dates are pushed back in a measure of good news
May 7, 2024
US chip maker Nvidia is investing in Wayve Technologies, joining a US$1.05 billion funding round for the UK start-up that wants to get its autonomous-driving technology into cars.
May 6, 2024
Unlike other hedge fund managers, Bill Ackman only owns one "Magnificent Seven" stock.
May 6, 2024
U.S. stock markets were set to open in the green on Monday, continuing their positive streak after last week’s weaker-than-expected jobs report, which boosted…
May 6, 2024
According to FactSet, a financial data analytics firm, 80% of S&P 500 companies have reported earnings so far.
May 6, 2024
The top Massachusetts court on Monday is set to consider whether the states voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies...
May 6, 2024
Plus: Apple’s outlook and Fed rate cuts on hold.
May 6, 2024
U.S. stock markets were set to open in the green on Monday, continuing their positive streak after last week’s weaker-than-expected jobs report, which boosted…
May 6, 2024
Amid rising concerns about autonomous driving technologies, Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber with a bullish $90 price target. Highlighting Uber's lower growth-adjusted multiple compared to competitors, Nowak underscores the potential for significant upside, driven by robust multi-product strategies and expanding market opportunities, especially in the face of competitors like Lyft and Maplebear.
May 6, 2024
Uber reports earnings Wednesday, with investors likely to be watching whether the ridesharing company's bookings can improve as it expands the ways consumers can book rides.