Investors looking to capitalize on the current market sentiment and potential interest rate cuts have turned to top Wall Street analysts for stock recommendations. One such top pick is project management software provider Monday.com (MNDY). The company recently impressed investors with its second-quarter results and outlook, leading to a price target increase by analysts. The
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Zeekr, a Chinese electric car brand, unveiled its new groundbreaking batteries that claim to have the fastest charge in the world. This announcement is a game-changer in the electric car industry, as it directly addresses common consumer concerns about battery driving range and charging convenience. With Zeekr’s new batteries, a car can go from a
SpaceX is gearing up for its next private mission scheduled to launch at the end of the month. The Polaris Dawn mission, the first of three missions purchased by billionaire Jared Isaacman for his Polaris Program, is set to take off from Florida on August 26. This mission marks the first attempt to have astronauts
Byron Allen, the media mogul known for his interest in acquiring media assets for billions of dollars, is facing backlash due to consistently late payments from broadcast stations owned by Allen Media Group. These payments, totaling tens of millions of dollars throughout the year, have been as much as 90 days past due to networks
FanDuel made waves in the sports betting industry this week with its announcement that it would not be adding a surcharge to offset an Illinois tax hike. This decision not only impressed investors but also put pressure on rival DraftKings, who had previously stated that they would be introducing a surcharge in states with high
A U.S. judge has temporarily halted media giants Disney, Warner Bros. Discovery, and Fox from launching their anticipated sports streaming service, Venu. The injunction came as a response to a lawsuit filed by Fubo TV, the internet TV bundle, alleging anticompetitive practices by the new streaming service, which was set to launch just weeks before
Tencent has outperformed expectations in the second quarter, with both revenue and profit exceeding LSEG consensus estimates. The company reported revenue of 161.12 billion Chinese yuan, surpassing the expected 160.77 billion yuan. Profit attributable to equity holders of the company also exceeded expectations, reaching 47.63 billion Chinese yuan compared to the anticipated 39.95 billion yuan.
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in the film “Deadpool & Wolverine” has broken records and set a new standard in the world of cinema. Surpassing Warner Bros.’ “Joker,” the Disney and Marvel film has become the highest-grossing R-rated title of all time. With over $1.085 billion in global ticket sales,
United Auto Workers President Shawn Fain recently released a video where he criticized Stellantis CEO Carlos Tavares, accusing him of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. Fain’s comments in the video raised concerns about sales being down, profits decreasing, and CEO pay increasing significantly. He
Vice President Kamala Harris recently rolled out a new economic plan that includes an expanded child tax credit worth up to $6,000 for families with newborn children. This proposal aims to build upon the higher child tax credit introduced through the American Rescue Plan in 2021, which gave families a maximum credit of up to