Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 13.5% in the morning session after CNBC's David Faber said that a potential deal between the company (Walgreens) and private equity firm Sycamore Partners "was showing signs of life." The stock's reaction is lifting investors' optimism as markets continue to digest the long-term implications of its recent dividend suspension (first time in over 90 years) and lawsuit with the Department of Justice.
Why Moderna (MRNA) Stock Is Up Today
Shares of biotechnology company Moderna (NASDAQ:MRNA) jumped 11.8% in the morning session after it continued to build on the 3% gain from Friday when it reported fourth-quarter 2024 financial results. Despite this, Barclays seems to be exercising caution, downgrading the stock to equal weight from overweight earlier in the morning. The firm cited "policy risks, fewer clinical catalysts, and broader economic uncertainties that could limit its upside.".
Why Conagra (CAG) Stock Is Down Today
Shares of packaged foods company Conagra Brands (NYSE:CAG) fell 7.7% in the morning session after the company reported underwhelming preliminary full-year 2025 guidance and expects sales and profits to be below its previous forecast. Precisely, the company expects full-year earnings of about $2.35 (vs. previous guidance of $2.45 to $2.50 per share). Organic sales are also expected to decline by 2% year on year (vs previous guidance of a decline between 1.5% and flat growth).
There's a hot new theory about Bitcoin creator Satoshi Nakamoto's true identity
Who created Bitcoin? The million-dollar question is back in the spotlight — and this time with a surprising new suspect: Jack Dorsey, the bearded tech sage behind Twitter.
BoE's Bailey hopes for less bond market volatility driven by US tariffs
British government borrowing costs surged and then eased in January as investors tried to price global inflation risks in the light of Trump's plan for tariffs on trade partners. "It is what's coming out of Washington on tariffs that is moving that term premium around, day by day and hour by hour," Bailey said, referring to the extra interest investors demand for holding longer-dated debt.
Bitcoin could see $500K in 2025, predicts Foundation Devices CEO
Bitcoin could hit $500,000 by the end of 2025, with $700K to $800K possible, according to Foundation Devices CEO Zack Herbert, who warns of a potential 30% pullback to $350K.
Bitcoin Slumps Below $94K, but One Analyst Says $500K Forecast Remains in Play
Recent U.S. regulatory filings are show a broadening in the base of buyers for bitcoin ETFs.
Institutional Love for Crypto: Blockchain.com President Lane Kasselman, Live from NYSE
IPO Edge hosted a fireside chat on Feb. 13 from the floor of the New York Stock Exchange during the 12th Annual IPO Summit with Lane Kasselman, President of Blockchain.com. […]
Intel (INTC) Stock Trades Up, Here Is Why
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 10.5% in the afternoon session after The Wall Street Journal reported that the company is in talks with Broadcom and TSMC to sell certain assets. Sources revealed Broadcom is interested in Intel's product business, while TSMC is more focused on snapping up and controlling some of its factories. Investors are betting on management to make a move to unlock value in some of its operating segments, given the significant investments that h
Why Is Valmont (VMI) Stock Rocketing Higher Today
Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) jumped 13.8% in the afternoon session after the company reported strong fourth-quarter 2024 results, with revenue, EBITDA, and EPS all beating analysts' expectations. Sales grew 2.1% y/y, driven by strength in the Infrastructure segment, where pricing improvements and higher volumes in utility and telecommunications offsetting declines in solar sales. Profit margins expanded significantly, and this was