Artificial intelligence-driven momentum in Meta Platforms’ advertising business is boosting Wall Street’s confidence that the company’s massive investment in AI will deliver substantial revenue over time. KeyBanc on Wednesday increased …
Apple revealed its highly anticipated artificial intelligence strategy this past week — causing investors to rejoice and push shares to all-time highs. It’s a far cry from the stock’s rough …
The latest Wall Street survey of U.S. shoppers suggest many of our consumer-facing stocks are in a strong spot for the current economy. A key theme from investment bank Jefferies’ …
General Motors approved yet another stock buyback — adding to our frustration that portfolio name Ford has yet to embark on a repurchase program of its own. GM on Tuesday …
The next wave of Disney theme park expansion in the U.S. is primed to be in California rather than Florida. It’s a tale of two coasts as the entertainment giant …
Ford had another month of strong sales, but a wider appeal on Wall Street for the stock depends on cutting the automaker’s massive EV division losses. Ford said Tuesday it …
Meta Platforms could see a slowdown in a big revenue driver later this year. Wall Street analysts looked at three ways the social media giant can offset such a scenario. …
Costco has multiple levers of growth at its disposal, which should lead to a further boost in the stock even after its already impressive year-to-date gains. Shares dropped more than …
The bulls got what they wanted this week: cooler inflation data and record highs. The Dow Jones Industrial Average on Friday closed above 40,000 for the first time, capping off …
Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the …