TikTok CEO Shou Chew is reportedly set to attend President-elect Donald Trump’s inauguration, joining other tech leaders like Elon Musk, Mark Zuckerberg, and Jeff Bezos. What Happened: The Trump Vance Inaugural Committee extended an invitation to TikTok’s CEO, reported the New York Times, citing two people familiar with the plans on Wednesday. Alphabet Inc. (NASDAQ:GOOG) […]
Ananya Gairola | January 17, 2025
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. CIBC analyst Hamir Patel upgraded the rating for Weyerhaeuser Company (NYSE:WY) from Neutral to Outperformer and announced a $35 price target. Weyerhaeuser shares closed […]
Avi Kapoor | January 15, 2025
Howard Hughes Holdings Inc. (NYSE:HHH) experienced an 11.01% increase in its stock price on Monday during pre-market hours, as per Benzinga Pro, after Bill Ackman‘s Pershing Square announced an offer to acquire the remaining shares it does not already own. The offer was made on Monday at $85 per share, according to CNBC. The proposal will allow the shareholders of Texas-based […]
Pooja Rajkumari | January 13, 2025
Department store chain Macy’s Inc. (NYSE:M) confirmed the closure of 66 stores as part of its “Bold New Chapter” strategy. Announced in February 2024, this strategy aims to improve profitability by eliminating underperforming locations and focusing resources on its more successful stores. The closures are part of a broader plan to shutter approximately 150 unproductive […]
Shivani Kumaresan | January 10, 2025
U.S. stocks were lower, with the Dow Jones index falling over 150 points on Wednesday. Shares of AAR Corp. (NYSE:AIR) rose sharply during Tuesday’s session after posted stronger-than-expected second-quarter results. The company reported quarterly earnings of 90 cents per share, which beat the analyst consensus estimate of 84 cents. Quarterly revenue came in at $686.1 […]
Avi Kapoor | January 8, 2025
January 17, 2025
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