Bank of America sees ‘attractive entry point’ in Kenvue after Tylenol controversy sparks sell-off
The firm remains bullish on the stock, noting it’s trading at a discount to the average of peer names in household and personal care.
Stocks making the biggest moves premarket: EchoStar, Robinhood, AppLovin, Alibaba and more
These are some of the stocks posting the largest moves in premarket trading.
Serena Williams invests in women’s basketball league Unrivaled, now valued at $340 million
Unrivaled is now valued at $340 million as the league gains Serena Williams as its newest investor.
Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Palantir, Oracle, Chewy, Roblox, Alphabet & more
Here are Monday’s biggest calls on Wall Street.
Tesla market share in U.S. drops to lowest since 2017 as competition heats up: Reuters
Tesla’s board proposed a $1 trillion pay package for Elon Musk that is pegged to Tesla’s value rising to $8.5 trillion over the next decade.
Buy this cloud stock that continues to eat up market share, JPMorgan says
Analyst Alexei Gogolev upgraded the stock to overweight from neutral.
EchoStar to sell spectrum licenses to SpaceX for $17 billion
The deal comes months after the Federal Communications questioned EchoStar’s compliance with buildout extensions and use of mobile-satellite service spectrum.
Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury
Wedbush Securities’ Ives will help lead Eightco Holdings’ treasury strategy around Worldcoin, which he says will change the game for identity verification.
Private equity giants raid Wall Street as fundraising talent wars heat up
Private equity firms are ramping up hiring despite a deal drought as they remain optimistic about a rebound in activity.
Japan could get its first woman prime minister as Sanae Takaichi leads the polls. But it’s far from a done deal
The two most prominent names are former economic minister Sanae Takaichi and current farm minister Shinjiro Koizumi.