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Market News
Latest financial news and analysis from global markets
AAPL
1 Reason I'd Buy Buffett's Final Favorite Stock And Never Sell
Alphabet could be the ultimate AI stock to buy.
AXP
1 Reason I'd Buy Buffett's Final Favorite Stock And Never Sell
Alphabet could be the ultimate AI stock to buy.
KO
1 Reason I'd Buy Buffett's Final Favorite Stock And Never Sell
Alphabet could be the ultimate AI stock to buy.
USDCUSD
DeFi Gets Rocked By Even More Exploits
Another wave of chaos hit crypto this morning, with three separate exploits across Sui, Near, and Base exposing DeFi's fragile underbelly.
INTC
Roku's Secret Weapon Is Gaining Traction and Could Be a Big Growth Driver
The streaming pioneer is getting a boost from an unexpected contributor.
NVDA
Roku's Secret Weapon Is Gaining Traction and Could Be a Big Growth Driver
The streaming pioneer is getting a boost from an unexpected contributor.
ROKU
Roku's Secret Weapon Is Gaining Traction and Could Be a Big Growth Driver
The streaming pioneer is getting a boost from an unexpected contributor.
NVDA
SanDisk Looks Overvalued, Stock Set for 32% Drop
SanDisk (NASDAQ:SNDK) has staged one of the most extraordinary rallies in semiconductor history, climbing 3,006% over the past year on the back of an AI-driven NAND supercycle. With shares now at $1,002.35, the question is whether the stock has front-run fundamentals. Our 24/7 Wall St. price target for SanDisk is $681.04 over the next 12 ... SanDisk Looks Overvalued, Stock Set for 32% Drop
SBUX
Starbucks shares rise as Niccol-led turnaround draws customers back
<body><p>STORY: Shares of Starbucks rose as much as 10% Wednesday morning after the world’s largest coffee chain raised its annual forecast.</p><p>The move signals that the turnaround plan of CEO Brian Niccol is beginning to work.</p><p>Niccol took over in September 2024 and has been trying to revitalize the company with his "Back to Starbucks" strategy.</p><p>It has focused on simplifying the menu, reducing wait times, increasing staffing and adding some in-store technology to more efficiently sequence orders.</p><p>Niccol said customer traffic increased among all income levels and positive sales trends have continued through April.</p><p>Analysts at Stifel said quote, “The recovery is notable for its breadth, indicating the turnaround is structurally sound rather than dependent on a specific group.”</p><p>Analysts at TD Cowen credited Starbucks’ effort to refresh its rewards program with boosting sign-ups including by Gen-Z and Millennial customers.</p><p>But while sales rose, its North American operating margins fell, reflecting increased labor investment.</p></body>
KO
Coca-Cola Posts 10% Organic Growth, Raises EPS Outlook to 8%--9%
Smaller packaging and premium products help drive stronger-than-expected sales and earnings performance.
AMZN
Fed Meeting: Powell Passes Torch With Rate Cuts On Ice (Live Coverage)
Federal Reserve Chairman Jerome Powell is now presiding over his final rate-setting meeting, followed by a 2 p.m. ET policy statement and 2:30 p.m. news conference. The biggest question Powell will face, as far as markets are concerned, is whether he will serve out his term as a Fed governor that runs through February 2028. The Fed's current makeup will make it challenging for Kevin Warsh, Trump's nominee to take over the Fed's helm, to ease monetary policy starting in June.
MSFT
Fed Meeting: Powell Passes Torch With Rate Cuts On Ice (Live Coverage)
Federal Reserve Chairman Jerome Powell is now presiding over his final rate-setting meeting, followed by a 2 p.m. ET policy statement and 2:30 p.m. news conference. The biggest question Powell will face, as far as markets are concerned, is whether he will serve out his term as a Fed governor that runs through February 2028. The Fed's current makeup will make it challenging for Kevin Warsh, Trump's nominee to take over the Fed's helm, to ease monetary policy starting in June.