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Category: Top Stories

Robinhood will soar as it moves closer to becoming the first hyperscaler brokerage, says Mizuho

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Robinhood is likely to shoot higher if the trading platform can fashion itself into the first true hyperscaler among online brokerages, according to Mizuho. 

Meta’s push into cloud computing means Wall Street has to prepare for lower margins

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Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.

Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen

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Ford reports it assembled more than 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.

SpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOs

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“It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead,” the Kathmere Capital CIO says.

Palantir shares have struggled this year. D.A. Davidson says buy the dip

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Analyst Gil Luria upgraded the AI and defense software stock to buy from neutral.

Americans are paying record prices for steak. Here’s why demand isn’t cracking

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Despite record beef prices, Americans aren’t giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.

Nvidia offers start-up customers chance to swap compute power for revenue share

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Nvidia says it will give start-ups the chance to swap access to compute power for a slice of future profits under a new program aimed at AI-focused firms.

The dollar looks ready to break higher. Here’s why Wall Street is turning bullish

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The U.S. dollar may be emerging from nearly a year of stagnation, with analysts increasingly arguing that the world’s reserve currency is poised for a more sustained advance.

World Cup could boost the June jobs report by 40,000, Goldman estimates

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Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.

Google loses fight over record $4.7 billion EU antitrust fine

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In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android’s mobile dominance.

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