GENNIEFY
Market News
Latest financial news and analysis from global markets
PYPL
PayPal restructures Venmo into standalone business unit
The move would make it easier to track Venmo's performance or sell the app, which has almost 100 million users
TSLA
On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him
By Deepa Seetharaman and Max A.
PYPL
PayPal to make Venmo separate business, CNBC reports
PayPal's new CEO is making mobile payments app Venmo a separate business as part of a broader reorganization, according to a report by CNBC on Wednesday. Venmo will soon operate as a standalone segment within PayPal, a move that will make it easier to track its performance or potentially sell the business, according to the report. The restructuring at PayPal comes months after Bloomberg reported that payments firm Stripe was considering an acquisition of PayPal or parts of the company.
INTC
Permanent Demand Destruction May Be Coming for Oil. The Case for Renewables, Nuclear, and Coal Stocks Now.
The current supply disruption could have a permanent impact on the global energy market.
NVDA
Permanent Demand Destruction May Be Coming for Oil. The Case for Renewables, Nuclear, and Coal Stocks Now.
The current supply disruption could have a permanent impact on the global energy market.
NVDA
Starbucks Sales Are up and CEO Brian Niccol’s Fingerprints Are All Over It
The inflection investors waited a year for arrived Tuesday after the close. Starbucks (NASDAQ:SBUX) delivered a Q2 FY2026 beat that finally gave CEO Brian Niccol’s “Back to Starbucks” turnaround the financial proof points it needed, and the market responded immediately. Shares jumped 9% on April 29 to $105.57, capping a 12% one-month run. The Quarter ... Starbucks Sales Are up and CEO Brian Niccol’s Fingerprints Are All Over It
SBUX
Starbucks Sales Are up and CEO Brian Niccol’s Fingerprints Are All Over It
The inflection investors waited a year for arrived Tuesday after the close. Starbucks (NASDAQ:SBUX) delivered a Q2 FY2026 beat that finally gave CEO Brian Niccol’s “Back to Starbucks” turnaround the financial proof points it needed, and the market responded immediately. Shares jumped 9% on April 29 to $105.57, capping a 12% one-month run. The Quarter ... Starbucks Sales Are up and CEO Brian Niccol’s Fingerprints Are All Over It
NVDA
After Falling 28% YTD, SoFi Offers Limited Upside to Our Price Prediction
SoFi Technologies (NASDAQ:SOFI) has whipsawed investors over the past six months, riding from the low teens to a 52-week high of $32.73 before sliding back to the high teens. With Q1 2026 earnings on deck, our proprietary model points to a stock that has already done most of the work of finding fair value. Our ... After Falling 28% YTD, SoFi Offers Limited Upside to Our Price Prediction
SOFI
After Falling 28% YTD, SoFi Offers Limited Upside to Our Price Prediction
SoFi Technologies (NASDAQ:SOFI) has whipsawed investors over the past six months, riding from the low teens to a 52-week high of $32.73 before sliding back to the high teens. With Q1 2026 earnings on deck, our proprietary model points to a stock that has already done most of the work of finding fair value. Our ... After Falling 28% YTD, SoFi Offers Limited Upside to Our Price Prediction
GOOGL
CIBC Raises Celestica's Price Target to US$480 From US$425, Reiterates its Outperformer Rating
CIBC Capital Markets reiterated its outperformer rating on the shares of Celestica (CLS.TO, CLS) whi
AMZN
CIBC Raises Celestica's Price Target to US$480 From US$425, Reiterates its Outperformer Rating
CIBC Capital Markets reiterated its outperformer rating on the shares of Celestica (CLS.TO, CLS) whi
BTCUSDT
XRP News: SEC’s New 85% Rule Could Slow Down XRP ETF Approvals
The SEC opened public comments on a new NYSE Arca rule that could change how crypto ETFs get listed. The “85% rule” requires any commodity-based trust to hold at least 85% of its assets in qualifying tokens. But the rule actually names XRP (CRYPTO: XRP) as a qualifying asset, which means spot XRP ETFs would ... XRP News: SEC’s New 85% Rule Could Slow Down XRP ETF Approvals