Citi has named Pegasystems one of its new top picks, citing an “underappreciated” artificial intelligence story and attractive valuation. The Wall Street bank has set a target price of $92 for Pegasystems, representing a potential 25% upside from its current trading price of around $73.50. Pegasystems, an enterprise software firm, has seen its stock price surge by over 50% year-to-date, outperforming the broader iShares Expanded Tech-Software Sector ETF , which is up nearly 14% this year. PEGA 1Y line The Massachusetts-based company received favorable news in its ongoing legal battle with competitor Appian Corporation earlier this year. The Virginia Court…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDan Niles, Niles Investment Management founder & portfolio manager, joins ‘Fast Money’ to talk what is next for the chips trade.06:542 hours ago Source link
Anton Wormann, 32, moved to Japan in October 2018.Courtesy of Anton WormannAnton Wormann, 32, has always had a passion for DIY projects and creating beautiful spaces. So, after he discovered that his neighbor’s property had been abandoned, he decided to purchase it and bring it back to life.Upon inspection, Wormann discovered that the property had been vacant for about 10 years after its elderly owners passed away.This property was one of the 9 million “akiyas” — empty houses — across Japan, according to official government data as of 2023.While many countries face a housing shortage, Japan is seeing something starkly…
It was the ninth inning of Mets-Brewers Game 3, a winner-take-all matchup to advance to the National League Division Series. The Mets were down two runs, had two on, and slugger Pete Alonso was at the plate.It was a moment meant for Gary Cohen — the legendary 36-year voice of the New York Mets. But he wasn’t inside the raucous American Family Field confines calling the game, because he couldn’t be. Instead, he was in New York City, at the SNY studios, preparing for the post-game show.The 66-year-old’s whole life has been dedicated to this team. The Queens native grew…
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China.Vcg | Visual China Group | Getty ImagesAsia-Pacific markets opened lower Wednesday, with Japan stocks leading losses, following declines on Wall Street.Investors will be watching for more stimulus measures to prop up the real estate sector in China as its housing minister is set to hold a press briefing on Thursday 10 a.m. local time, according to a statement from the State Council Information Office on Tuesday.Traders in Asia also assessed economic data from the region. New Zealand reported that its consumer prices index…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty ImagesStocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching as the S&P 500 and Dow Jones Industrial Average retreated from recent highs, and what’s on the radar for the next session.AppleDespite concerns about the new iPhone, Apple hit a new all-time high on Tuesday.The stock ended the session up more…
Sarah James, Cantor Fitzgerald, joins ‘Fast Money’ to talk how she is playing UnitedHealth’s stock right now. Source link
National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday. The seven-time Super Bowl champ bought about a 10% stake in the Raiders with his business partner, Knighthead Capital founder Tom Wagner.Brady and Wagner are buying into the Raiders at about a $3.5 billion valuation, with an equity investment of about $220 million as part of the partnership, according to people familiar with the negotiations. On top of that amount, Brady and Wagner also had to pay a 10% “flip tax,” the proceeds of which will be divided among the league’s 31…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailClosing Bell: OvertimeAriel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join ‘Closing Bell Overtime’ to talk new partnership for corporate travel expenses.04:2514 minutes ago Source link
LOS ANGELES — It happened in a literal blink, a quiver of Mark Vientos’ eyebrow under his sunglasses when he understood the Los Angeles Dodgers’ decision. They wanted nothing to do with Francisco Lindor, and they preferred Landon Knack face Vientos in a crucial spot.“All right, you want me up?” Vientos summarized his own look. “I’m gonna show you.”“There’s one thing that Mark doesn’t lack, and that’s confidence,” Lindor said chuckling. “That’s who he is. I’m glad he took it personal.”It takes a certain kind of confidence to view that decision by Los Angeles, to bypass your team’s obvious MVP…
