Comcast announced Monday it's planning to spin off its NBCUniversal and Sky media units into a separate publicly traded company. The announcement, which comes just months after Comcast spun out its cable networks into Versant, is already raising questions of M&A.
Apple said it is pushing forward a series of software updates that would previously have been bundled with a new version of its iOS operating system, making them available earlier than in previous cycles in response to AI-driven security concerns.
Molina (MOH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Eli Lilly, Regeneron, Amneal, Cellares, Fujifilm Biotechnologies, Kriya Therapeutics and Kyowa Kirin are the first companies that will participate in the FDA's PreCheck pilot program. The FDA PreCheck program is designed to accelerate regulatory review of new pharmaceutical manufacturing facilities.
Comcast Corp. (CMCSA) sent shockwaves through the media landscape with the announcement that it would spin off its media business today. The telecommunications giant will divest its traditional cable television networks, namely NBCUniversal and Sky, into a standalone, publicly traded company.
Barings Corporate Investors remains a top long-term performer among floating-rate CEF peers, but recent premium declines have pressured share price returns. The MCI's distribution yield is a hefty 9.01%, yet coverage has slipped as Fed rate cuts reduced portfolio income, raising the risk of a payout cut. While MCI's track record and NAV resilience support long-term holding, near-term caution is warranted given the risk of a distribution reduction that tends to lead to downside pressure.
Pan American Silver Corp (NYSE:PAAS) has seen choppy trading this year, most recently pulling back to familiar support at the $44 level.
Harmony Biosciences trades at discounted valuations, but investors are weighing Wakix dependence, recent earnings misses and pipeline execution.
Chime Financial, Inc. (CHYM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Hut 8 (HUT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Strategy authorized a Bitcoin monetization program of up to $3.25 billion earmarked for USD cash reserves and corporate stock buybacks. Financial commentator Peter Schiff calculated that the authorized capital is equivalent to the potential sale of more than 54,000 Bitcoin units if the market price remains at $60,000.
Waymo robotaxis are no longer available on Uber's ride-hail app in Phoenix, Arizona, ending a nearly three-year partnership in the city, both companies confirmed to TechCrunch on Monday.
CryptoQuant said Gate.io's Bitcoin whale share tripled to 16% while BTC traded below $60,000 during the Q2 drawdown.
Intuitive Surgical's Quintuple Aim strategy is driving premium pricing as da Vinci 5 adoption grows, with innovation-led revenue growth outpacing procedure growth.
EHC is accelerating hospital and bed expansions to boost capacity, with execution now key as stronger results support higher 2026 EPS guidance.
DUK's $103B investment plan targets grid upgrades, new generation and rising power demand while supporting long-term earnings growth and dividends.
Globus Medical or Medtronic? See why Globus Medical's stronger growth, innovation and analyst upside may give it the edge despite a richer valuation.
Paymentus (PAY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Oil prices have fallen back to pre-war levels, but energy ETFs may still offer opportunity as refining, LNG demand, and tight supply support the sector.
Incyte shares hit a 52-week high as Opzelura gains regulatory momentum, pipeline advances and a CMS settlement boosts investor sentiment.
AVRE hits a new 52-week high after climbing 12.7% from its low, with momentum supported by strong top holdings and a positive weighted alpha.
Harmony Biosciences is leveraging Wakix growth to expand its neuroscience pipeline, while advancing pitolisant programs and rare disease assets.
Harmony Biosciences is broadening beyond Wakix with pitolisant programs, orexin research and rare epilepsy assets to diversify growth.
Shift4 Payments (FOUR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
BTC kissed $58,800 and bounced. The daily chart is deep in bear territory, and prediction markets are betting on further pain before a rebound.
Ethereum co-founder Vitalik Buterin published a detailed technical breakdown on Monday, calling cryptographic obfuscation the “final boss of cryptography” and laying out why solving it would let developers build nearly any trustless protocol imaginable.
Cybersecurity stock Akamai Technologies (NASDAQ:AKAM) has shed pulled back sharply since reaching a 26-year high of $165.45 on May 13.
Allison Transmission Holdings is rated a solid 'Buy' due to its transformative $2.7 billion acquisition of Dana's Off-Highway segment. ALSN's combined business offers a global platform with diversified revenue streams across construction, agriculture, industrial, mining, and on-highway markets. Management targets $120 million in synergies and expects 2026 EBITDA of $1.6–$1.7 billion post-synergies, supporting attractive valuation versus peers.
Shares of Palantir Technologies (PLTR) rose on Monday as investors welcomed a new artificial intelligence partnership with Nvidia (NVDA), extending the stock's recovery after it snapped a seven-day losing streak last week. Palantir stock advanced more than 3% to $116.45 after gaining 5.3% on Friday.
Electric vehicle stocks are surging in midday trading on Monday as a broad tech rebound lifts high-beta names across the market.