David Einhorn, founder of Greenlight Capital and billionaire investor, voiced his apprehensions about the elevated valuations in the stock market during CNBC’s Delivering Alpha conference last week. What Happened: Einhorn pointed out that while long-term investors might not incur losses, the current high valuations indicate potentially lower returns in the future, Business Insider reported on Wednesday. Einhorn […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Needham analyst John Todaro upgraded the rating for Robinhood Markets, Inc. (NASDAQ:HOOD) from Hold to Buy and announced a $40 price target. Robinhood shares closed […]

Samsung Electronics (OTC:SSNLF) announces plans to repurchase shares worth 10 trillion won (~$7.17B) as part of its strategy to boost shareholder value. The Board of Directors approved the buyback program, which will be executed in phases over the next 12 months. Samsung Electronics will repurchase 3 trillion won in shares from November 18, 2024, to […]

In today’s rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Apple (NASDAQ:AAPL) against its key competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing important financial metrics, market position, and growth […]

Tesla Inc. (NASDAQ:TSLA) has seen its stock price climb by 7.23% in pre-market trading on Monday, as per Benzinga Pro. This follows the company’s achievement of a $1 trillion market capitalization last Friday, marking a significant milestone for the electric vehicle giant. What Happened: The surge in Tesla’s stock price comes despite hedge funds suffering […]

El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up 81% on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El Salvador’s strategic Bitcoin investments, led by president Nayib Bukele, have reaped gains of $24.54 million. Starting Nov. 18, 2022, the country purchased one […]

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are soaring Wednesday morning after Donald Trump was elected the 47th president of the United States. What Happened: Shares of Trump Media, the parent company of social media platform Truth Social, are surging Wednesday after Trump defeated Vice President Kamala Harris in the 2024 presidential race, driving several stocks […]

Cummins Inc (NYSE:CMI) shares surged after the company reported better-than-expected third-quarter 2024 results and reaffirmed its 2024 revenue guidance. CMI reported third-quarter sales grew slightly by 0.30% year over year to $8.546 billion, beating the consensus of $8.294 billion. The Columbus, Indiana-based company stated that sales in North America decreased by 1% year over year, […]