On Friday, analysts at Citi increased their target price on Microsoft Corp (NASDAQ:MSFT) from $495 to $520, while reiterating their ‘Buy’ rating. This upward revision underscores Citi’s confidence in Microsoft’s growth prospects, particularly fueled by its strategic investments in artificial intelligence (AI) and its dominant position in the tech industry. Dominance in the AI race… Continue reading Citi hikes target price on Microsoft stock to $520: Can it reach there?
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Zealand Pharma stock rallies 20%: what happened?
Zealand Pharma (CPH: ZEAL) rallied more than 20% this morning after reporting positive results from an early stage trial of its new weight loss treatment. The biotech firm is now trading at an all-time high. Why is it significant for Zealand Pharma stock? Petrelintide – a long-acting amylin analog of Zealand Pharma showed significant efficacy… Continue reading Zealand Pharma stock rallies 20%: what happened?
Fossil fuels consumption hit record highs in 2023, Energy Institute reveals
In 2023, total fossil fuel consumption reached a record high worldwide, the Energy Institute (EI) reported yesterday. Published in the 73rd annual Statistical Review of World Energy report by the EI (along with co-authors KPMG and Kearney), the release presented the first full global energy data for 2023. It stated that 2023 was a year… Continue reading Fossil fuels consumption hit record highs in 2023, Energy Institute reveals
Long LNG: consolidation breakout and strong cash flow signal bullish momentum
What’s going on with KKR stock?
In May, shares of KKR (NYSE: KKR) increased by 10.5%, driven by the company’s first-quarter results and several strategic partnerships. According to S&P Global Market Intelligence, KKR reported notable financial performance and expanded its investment footprint through various collaborations. KKR’s first-quarter earnings report reveals significant growth KKR reported strong first-quarter results in early May, highlighting… Continue reading What’s going on with KKR stock?
SoundHound AI prepays debt in full
SoundHound AI (NASDAQ: SOUN) share price is in the green this morning after the company said it prepaid its debt in full. SoundHound stock gains as company turns debt free SoundHound has inked an agreement with its lenders to make an early payment in full for its outstanding $100 million debt, as per a press… Continue reading SoundHound AI prepays debt in full
Breaking: Edgar Bronfman Jr. eyes National Amusements deal with Bain Capital support for $2 billion
Former media executive Edgar Bronfman Jr., backed by Bain Capital, has expressed interest in acquiring National Amusements, the controlling entity of Paramount Global, according to The Wall Street Journal. Bronfman’s bid is estimated to be between $2 billion and $2.5 billion, adding a new layer of complexity to the ongoing negotiations for the company. Skydance… Continue reading Breaking: Edgar Bronfman Jr. eyes National Amusements deal with Bain Capital support for $2 billion
Long AVGO June 21 $1,450 Call option: Bullish momentum reinforced ahead of Q2 earnings
Mantra’s OM token rises 13% in 24 hours to hit all-time high of $1.0924
The native token of DeFi solutions platform Mantra, OM, has emerged as the top gainer among the leading 100 cryptocurrencies, achieving an all-time high of $1.0924. On Monday, OM was trading at $1.06, up 13% since yesterday. This increase reflects a 234% surge in its trading volume, which has reached $168 million within the same… Continue reading Mantra’s OM token rises 13% in 24 hours to hit all-time high of $1.0924