Loop Capital upgrade Disney target price on Hulu acquisition
Brokerage firm Loop Capital increased its target price on Walt Disney as the firm nears the acquisition of Hulu. Hulu to add more Disney+ content Alan Gould, Loop Capital analyst,…
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China’s exports to the US drop 34.5% in May
China’s exports grew 4.8% year-on-year in May, but the headline figure masks a deeper slump in shipments to the United States, which plunged by 34.5% — the steepest fall since…
Warner Bros Discovery to break up in two-way split to streamline operations
Warner Bros. Discovery Inc. will divide into two publicly traded companies by mid-2025, a sweeping move aimed at adapting to shifting viewer preferences and the financial pressures of the streaming…
WWDC 2025 set to unveil iOS 26, revamped UI, and open Apple AI tools
Apple is expected to take a bold leap forward in software innovation during its Worldwide Developers Conference (WWDC) on Monday, 9 June. Central to the announcements will be a significant…
Morgan Stanley tells investors to ‘stay away’ from McDonald’s: here’s why
McDonald’s has been doing well recently. The stock has been up 5% in the year, beating the benchmark S&P 500. It is just 5% off its all-time high. However, Morgan…
Tether mints $1 billion USDT on Tron, signalling rising crypto demand
Tether has minted another $1 billion worth of USDT on the Tron blockchain, suggesting a fresh injection of liquidity ahead of potential market activity. This move, confirmed on 9 June,…
US stocks flat on Monday: Dow Jones opens lower, Nasdaq edges up
US stocks were little changed on Monday as investors awaited further clarity from the latest round of US-China trade negotiations in London. The S&P 500 hovered near the flatline, while…
Top 3 catalysts for the Dow Jones, Nasdaq 100, and S&P 500 this week
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000,…
A new money order: Wall Street, tech titans embrace Stablecoins as regulation looms
As stablecoins edge closer to mainstream adoption, a whirlwind of corporate and legislative activity is reshaping the financial landscape in the United States. On Thursday, Circle Internet Financial made a…
Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%
Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US…