Investing

Investing
Investing

The latest ultra-luxury train sets its route

With its stunningly beautiful landscapes offering everything from ocean coastlines and mountain ranges to centuries-old fortresses and houses with terracotta roofs stacked on top of each other in a cliff overlooking the Douro River, the Iberian nation of Portugal rarely fails to enchant even the most hardened travelers. While first-time arrivals will usually pass through

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Investing

Patients with the deadliest cancer finally have something that works

For decades, a pancreatic cancer diagnosis came with almost no good options.  The disease is usually caught late, spreads fast, and resists most treatments. Patients and their families were often left with months, not years. That grim picture just changed. On Aug. 26, the U.S. Food and Drug Administration approved Rasonque daraxonrasib, a once-daily pill

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Investing

BofA flips on Everpure after months on the sidelines

Six months ago, most investors still knew this company as Pure Storage (PSTG). In February, the flash-memory storage maker rebranded to Everpure (P) and struck a deal to acquire 1touch.io, a data-intelligence firm, betting its future on more than hardware alone. On Thursday, August 27, that bet started paying off in a way Wall Street

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Investing

Palantir’s Pentagon AI surge comes with a question investors can’t ignore

Most Americans will never use Palantir’s Maven software, but they are paying more and more taxes for it. William Blair analyst Louie DiPalma reiterated an Outperform rating on Palantir Technologies (PLTR) on the back of the company’s Maven Smart System, which he said looks to be approaching a $1 billion annual revenue run rate and

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Investing

Salesforce just got the signal bulls were waiting for

Salesforce (CRM) shares jumped more than 22% this week after a blockbuster earnings report and a splashy new AI partnership. Two days later, Morgan Stanley raised its price target on the stock by 27%, yet kept the same cautious rating it has held for years. That gap, between a euphoric market and a skeptical analyst,

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Investing

Cathie Wood sells $4 million of surging AI stock

Cathie Wood, chief of Ark Investment Management, often trims her biggest winners after sharp rallies. This week, she’s selling Tempus AI (TEM), taking some shares off the table after the healthcare AI stock surged nearly 30% in days and became the second-largest holding in her fund. Last year, the flagship Ark Innovation ETF gained 35.49%,

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Investing

How AI is changing the economics of fraud and cybercrime

Artificial intelligence is making it easier to do a lot of things. Committing crimes may be one of them. As AI systems become more capable, the tools available to criminals are changing in ways that go beyond individual attacks becoming more convincing. The bigger shift is economic. Tasks that once required time, money, and specialized

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Investing

Target quietly finds a way to bring shoppers back

Target stock trailed the broader markets by a wide margin in recent years, before staging a rebound over the last 12 months. Sales were sluggish as customers were shopping elsewhere, driving the stock lower.  Something changed in the fiscal second quarter of 2027 (ended in July). Traffic rose, sales grew, and profit came in stronger

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Investing

JPMorgan doubles down on SpaceX verdict on key update

SpaceX went public in June as the most anticipated listing in years. The first few weeks were electric. Then the stock fell sharply, spending weeks below its IPO price while critics questioned whether the valuation had gotten ahead of the business. Wall Street has spent the summer trying to figure out which SpaceX story is

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Investing

Stanley Druckenmiller takes aim at former colleague Scott Bessent

Newly appointed Treasury Secretary Scott Bessent has been making waves and headlines during his brief stint as the country’s top economic official. Bessent has been forced by his own policies to become more of an activist, as the U.S. 30-year Treasury yield reached a nearly two-decade high of 5.34% earlier this month, Reuters reported. That

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