Shares of Confluent surged nearly 28% in premarket trading on Monday after the Wall Street Journal reported that IBM is in advanced discussions to acquire the data-streaming platform for about $11 billion. The potential deal, if finalized, would mark a significant push by IBM to strengthen its position in cloud services and capitalise on surging
Carvana’s strong year-to-date rally may not be over, according to Bank of America, which reiterated its buy rating on the used car retailer and raised its price objective to $455 from $385. The new target implies an upside of 13.8% from Friday’s close and reflects growing optimism around the company’s fundamentals and upcoming inclusion in
Veteran investment manager Todd Combs is leaving Berkshire Hathaway to join JPMorgan Chase, marking one of the most significant executive moves in US finance as Warren Buffett prepares to step back from running the $1.1 trillion conglomerate. JPMorgan said on Monday that Combs will lead the bank’s new Strategic Investment Group, the first step in
The Nasdaq 100 Index held steady last week as it rose close to its all-time high of $26,145. It has risen by over 7.76% from its lowest point in November, and by 55% from the year-to-date low. This article explores some of the top catalysts for the index and its top ETFs like QQQ and
Binance Coin (BNB) has surged past key technical levels, confirming a breakout that has traders and investors closely monitoring the token’s next potential moves. The price action reflects a combination of regulatory progress, technical momentum, and growing institutional interest in Binance Coin. BNB coin price breakout BNB price has broken out of a multi-month falling
The artificial intelligence sector is continuing its sharp surge despite fears of a potential ‘bubble’, and Nvidia is leading the space with over $4.5 trillion market cap. But, heading into 2026, one Wall Street analyst says AMD could finally overtake Nvidia as the better AI play next year. In his latest piece with The Motley
Meta is preparing a significant shift in how personalised advertising functions across Facebook and Instagram in the European Union, after months of pressure from the European Commission to comply with the Digital Markets Act. The update, as reported by Reuters, will give people in the region more control over the data used to shape the
President Donald Trump is set to upend the burgeoning landscape of artificial intelligence regulation this week. In a social media post on Monday, President Trump announced plans to sign a “One Rule” executive order that would establish a single national framework for AI governance. “There must be only One Rulebook if we are going to
Broadcom stock price has been in a strong bull run this year as it became one of the top beneficiaries of the booming artificial intelligence (AI) industry. AVGO has soared by nearly 70% this year, bringing its market capitalization to over $1.84 trillion. This article explores whether it is a good stock to buy ahead
Yardeni Research has scrapped its long-running overweight stance on the so-called Magnificent 7, warning that the dominance of America’s largest technology stocks has reached levels that are difficult to justify even with their strong earnings performance. In a note dated December 7, the firm, founded by Wall Street veteran Ed Yardeni, said it now recommends