Wedbush analyst Dan Ives raised the price target for Planet Labs Inc. (NYSE:PL) stock to $28 from $20, highlighting the “significant demand” for the space technology company’s satellites and data in both U.S. and international markets, especially in defense and intelligence applications.…
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) heads into its January 15 earnings report against a backdrop of tightening supply across mature chip markets and rising AI-driven demand, setting the stage for a closely watched update on pricing power and near-term…
U.S. stock futures declined on Wednesday following Tuesday’s lower close. Futures of major benchmark indices declined. The Consumer Price Index rose 2.7% year over year in December, matching both the prior reading and economists’ estimates. Notably, core CPI came in…
Cryptocurrency custodian company BitGo Holdings Inc. is aiming for a valuation of nearly $2 billion for its upcoming initial public offering. Another Crypto Company On Wall Street? The California-headquartered company and its existing shareholders will offer a combined total of roughly…
Garry Tan, President and CEO of Y Combinator, criticized California's economic conditions just days after venture capitalist and White House AI and crypto czar David Sacks suggested that the accelerator open an office in Austin to reduce its exposure to…
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shared that the company will stop offering the Full Self-Driving (FSD) service as a one-time payment in favor of a monthly subscription. Monthly FSD Subscription In a post on the social media platform…
December's inflation report showed prices holding steady, a result markets deemed “good enough” but too hot for an immediate Federal Reserve rate cut. As the central bank appears set to stand firm, prominent strategist Charlie Bilello is defending its stance…
Quantum Computing Inc. (NASDAQ:QUBT) has drawn renewed investor attention after being tapped as the stalking horse bidder for selected remaining assets of Luminar Technologies as part of the latter's ongoing Chapter 11 process. This comes amid a growing bullish consensus…
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. U.S. stocks settled lower on Tuesday, with the Dow Jones index falling almost 400 points…
President Donald Trump stated that his intervention in Intel Corporation (NASDAQ:INTC) has resulted in substantial gains for the U.S. chipmaker. However, he is not sure if he would invest more in the company. “I don’t know about Intel but I’ll invest more in…