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Latest financial news and analysis from global markets
NVDA
Chip Stocks Take A Breather After Historic Run. What's Next For Semiconductor Group?
The Philadelphia semiconductor index, known as SOX, fell on Monday as chip stocks took a breather after a historic run.
SOLUSDT
Western Union to Launch Solana-Based USDPT Stablecoin Next Month
Western Union (NYSE: $WU) is preparing to launch its Solana-based stablecoin USDPT (CRYPTO: $USDPT) next month, add...
JNJ
J&J sees AI halving the time to generate drug development leads
Johnson & Johnson is using artificial intelligence to slash by half the time it takes to generate new leads for developing drugs, the company's chief information officer said on Monday. Discovering new products outright and bringing them to market using AI is not yet possible, but J&J is using the new technology to screen the "potential universe" for promising chemical compounds or biologics, CIO Jim Swanson said at the Reuters Momentum AI event in New York. The New Jersey-based pharmaceutical and medical device company has been working toward a more-focused approach to AI, honing in on core processes like AI-enabled products, drug development and supply chain optimization.
NVDA
Amazon's Core Businesses Just Keep Getting Stronger -- This Is the Growth Powerhouse I'd Hold Through Any Market Crash
It's built to weather any storm that comes its way.
AMZN
Amazon's Core Businesses Just Keep Getting Stronger -- This Is the Growth Powerhouse I'd Hold Through Any Market Crash
It's built to weather any storm that comes its way.
INTC
Amazon's Core Businesses Just Keep Getting Stronger -- This Is the Growth Powerhouse I'd Hold Through Any Market Crash
It's built to weather any storm that comes its way.
MSFT
Nvidia could be undervalued by at least 30%: BofA analyst on Mag 7
While five of the Magnificent Seven companies are releasing earnings results this week — Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), and Microsoft (MSFT) — the last one to report this earnings season is chipmaker Nvidia (NVDA) on May 20. BofA Securities senior semiconductor analyst Vivek Arya comes on Market Catalysts to share how much he believes Nvidia to be undervalued. Nvidia's market cap crossed back above $5 trillion last week.
PLTR
Palantir's Joe Lonsdale Once Explained Why You 'Need To Destroy Some Jobs,' But The Human Cost Of The Upcoming AI Era Is Already Becoming Clear
From an attack targeting Sam Altman to tens of thousands of AI-linked layoffs, tensions around artificial intelligence are spilling beyond boardrooms into the real world. AI Backlash Intensifies As Layoffs Mount Concerns about AI are no longer theoretical. In 2026, major companies, including Oracle Corp, Block Inc. (XYZ) and Meta Platforms, Inc., have announced sweeping workforce reductions as they ramp up spending on AI infrastructure and tools. The layoffs have amplified fears that AI could ra
ORCL
Palantir's Joe Lonsdale Once Explained Why You 'Need To Destroy Some Jobs,' But The Human Cost Of The Upcoming AI Era Is Already Becoming Clear
From an attack targeting Sam Altman to tens of thousands of AI-linked layoffs, tensions around artificial intelligence are spilling beyond boardrooms into the real world. AI Backlash Intensifies As Layoffs Mount Concerns about AI are no longer theoretical. In 2026, major companies, including Oracle Corp, Block Inc. (XYZ) and Meta Platforms, Inc., have announced sweeping workforce reductions as they ramp up spending on AI infrastructure and tools. The layoffs have amplified fears that AI could ra
MSFT
Mizuho Upgrades CrowdStrike With a $520 Price Target: Is AI Security the Next Mega-Trade?
An analyst firm just put its stamp of approval on cybersecurity leader CrowdStrike (NASDAQ:CRWD). Mizuho upgraded CRWD stock to Outperform from Neutral and lifted its price target to $520 from $490, citing improving channel checks and the company’s pole position in AI security. The call lands as cybersecurity stocks regain momentum. CrowdStrike stock trades at $455 ... Mizuho Upgrades CrowdStrike With a $520 Price Target: Is AI Security the Next Mega-Trade?
CL
Gulf countries facing plunge as conflict disrupts energy markets, Reuters says
Investing.com -- Gulf Cooperation Council (GCC) economies are facing their steepest downturn since the pandemic, as the U.S.-Israel conflict with Iran disrupts energy markets and regional stability, according to a Reuters poll.
AMZN
AI casts existential shadow over legacy software companies, Bridgewater CIOs warn
When Amazon began selling books online, many feared traditional bookstores such as Barnes & Noble would fade into obsolescence. Drawing parallels with that episode from the 1990s, Bridgewater's co-chief investment officers said similar existential threats now loom over legacy software companies as the rapid rise of artificial intelligence reshapes the sector. "With the latest release of Claude Code, an upstart competitor has created existential risk for major businesses, much as Amazon posed to Barnes & Noble," the client note said on Monday.