Apple labeled a ‘low-growth stock’ despite record Q1 margins—here’s why
Apple's strong services business growth resulted in record margins in Q1. But Dan Niles says AAPL is a low growth stock with a high multiple.
Why did Goldman Sachs upgrade Brazil’s Ultrapar to ‘buy’?
Goldman Sachs upgraded Ultrapar from hold to buy. This strategy is highlighted by a target price reduction from R$25.10 to ...
LinkedIn AI data lawsuit dropped after company denies misuse
A proposed class-action lawsuit accusing Microsoft’s LinkedIn of improperly using the private data of its Premium customers ...
Novartis has cash for a big pharma deal—but here’s why it’s not buying
Novartis chief executive says large pharma deals usually don't pay off. But the company remains interested in bolt-on ...
LayerZero resolves legal battle with FTX’s bankruptcy estate
LayerZero Labs, an innovative player in the omnichain interoperability space, has reached an agreement with the bankruptcy estate of the now-defunct crypto exchange FTX. This resolution marks the end ...
Solana’s rideshare service Teleport announces shutdown
In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has ...
ExxonMobil exceeds profit expectations despite lower oil prices
Exxon Mobil exceeded Wall Street's expectations for its fourth-quarter profit despite lower oil prices and weak refining margins.
Crypto.com delists WBTC, DAI, and USDT to comply with MiCA regulations
Crypto.com will delist several prominent cryptocurrencies, including Tether's USDT, Wrapped Bitcoin (WBTC), and DAI, by ...
Will SHIB rise in February? A look at Shiba Inu’s past performance
The figures highlight Shiba Inu’s stability during the previous February performance. SHIB gained 20.3% in February 2022, ...
Errol Musk-backed ‘Musk It’ meme coin eyes $200M funding
Errol Musk-backed meme coin “Musk It” raises $200 million amid legal risks and market uncertainty, while Elon Musk stays ...