On Monday, Uber Technologies, Inc. (NYSE:UBER) announced it has entered into an accelerated share repurchase (ASR) agreement with Bank of America to repurchase $1.5 billion worth of stock as part of its previously authorized $7 billion share repurchase program, initially approved in February 2024. Under the agreement, Uber will receive approximately 18.6 million shares, representing […]

MRC Global Inc. (NYSE:MRC) shares are trading higher premarket on Friday. The company has announced a new $125 million share repurchase program, set to run through January 2, 2028. The company plans to repurchase its common shares through various methods, including open market transactions, block purchases, and privately negotiated deals, all in compliance with federal […]

Palantir Technologies Inc. (NASDAQ:PLTR) is cooling off after a blistering 2024 run. The stock dipped 4.22% on Friday, followed by a 1.8% slide in pre-market trading Monday, as investors cashed in gains amid broader market turmoil. The question now: Does this pullback present a buying opportunity, or is it the start of a deeper correction? […]

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Arista Networks (NYSE:ANET). “That business is smoking hot,” he added. On Dec. 17, Morgan Stanley analyst Meta Marshall maintained Arista Networks with an Overweight and raised the price target from $102.5 to $118. Cramer said Under Armour, Inc. (NYSE:UA) is a “great spec.” However, he […]

On Friday, Novo Nordisk A/S (NYSE:NVO) stock plunged after the company released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program. REDEFINE 1 is a 68-week efficacy and safety trial investigating subcutaneous CagriSema (a fixed dose combination of cagrilintide 2.4 mg and semaglutide 2.4 mg) compared to the individual components […]

Coinbase‘s (NASDAQ:COIN) 2025 crypto market outlook highlights five major trends poised to define the cryptocurrency market in the coming year, with stablecoins, tokenization and a regulatory shift leading the way. Stablecoins remain crypto’s ‘killer app’, with market capitalization growing 48% in 2024 to reach $193 billion as of Dec. 1. Coinbase expects this trend to […]

Softbank (OTC:SFTBY) CEO Masayoshi Son is expected to declare a $100 billion investment in the United States during a meeting with President-elect Donald Trump at Mar-a-Lago, Palm Beach, Florida on Monday. What Happened: The Japanese tech-investing giant’s founder will also commit to creating 100,000 jobs in AI and related infrastructure, according to CNBC sources. This investment is anticipated to be […]

The Benzinga Future of Digital Assets conference sparked discussions on Bitcoin’s growing acceptance in institutional finance, emphasizing its role in reshaping portfolio strategies. Moderated by CNBC’s MacKenzie Sigalos, the panel featured Anthony Pompliano, founder and CEO of Professional Capital Management, who explored how institutions overcome hurdles to embrace cryptocurrency. Bitcoin ETFs: A New Entry Point The approval […]