One-time meme stock Beyond Meat falls 8% after delaying financial results due to impairment charge
Beyond Meat surprised Wall Street with the announcement Monday.
Russia tries to re-stake its claim to China after Trump’s meeting with Xi
Russian officials appeared eager to reafiirm Moscow’s alliance with China following President Donald Trump’s meeting with Xi Jinping last week.
OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time
OpenAI will immediately begin tapping Nvidia’s AI processors using infrastructure from Amazon Web Services.
UBS upgrades Cisco, citing surging AI infrastructure demand
UBS sees shares of Cisco rallying 20% from their current levels.
Nvidia stock climbs 2% as U.S. approves chip sale to the UAE under Microsoft deal
Microsoft’s licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.
Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Roku, Cisco Sytstems, Palantir, Costco & more
Here are Monday’s biggest calls on Wall Street.
MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company’s board.
Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.
Buy this streaming platform after strong earnings, Piper Sandler says
The investment firm upgraded the streaming platform to overweight from neutral.
Kimberly-Clark to buy Kenvue in $48.7 billion deal
Kenvue’s shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held.