UBS says LifeStance Health stock is undervalued compared to the company’s performance. The firm upgraded shares of the outpatient behavioral health services to buy from neutral on Sunday, and reiterated its $8.50 per share price target. UBS’ forecast implies more than 54% upside from Friday’s $5.49 close. LifeStance shares rose more than 6% in early trading. Analyst Kevin Caliendo says investors may be overlooking the stock over concerns tied to conservative current quarter and full-year earnings guidance from the executives in LifeStance’s most recent earnings release, as well as a change from a stock-to-cash incentive program. He also pointed to…
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The ‘Fast Money’ traders talk how to play Nvidia ahead of earnings. Source link
If you’re an active service member, you’re entitled to some financial protections.This is thanks to the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA), both of which address the consumer debt that military members and their families may carry. These laws provide financial safeguarding like interest rate caps, protections against mortgage foreclosures and from eviction, ability to terminate leases, no loan prepayment penalties and credit card relief.Below, CNBC Select dives deeper into active-duty military members’ financial protections when it comes to their credit cards.Military credit card benefits1. Interest rate capsOne of the most valuable benefits is the…
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery in Arlington, Virginia, U.S., May 26, 2025. Ken Cedeno | ReutersA federal judge on Tuesday angrily tore into President Donald Trump’s executive order targeting the top law firm WilmerHale as he struck down the entire order as unconstitutional.”The cornerstone of the American system of justice is an independent judiciary and an independent bar willing to tackle unpopular cases, however daunting,” wrote Judge Richard Leon in the scathing, exclamation-point-filled opinion in U.S. District Court in Washington, D.C. “The Founding Fathers knew…
FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. Athit Perawongmetha | ReutersAn intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car market.Shares of China’s largest automakers sank Monday after Chinese electric-vehicle giant BYD offered fresh discounts across more than a dozen models, and an executive at another car company fretted openly about the country’s deepening price war. BYD’s moves cut the starting price of its cheapest model, the battery-powered Seagull hatchback, to 55,800 yuan ($7,765), from nearly $10,000.The BYD price cuts, along with other developments, signal a potential tipping point, where weaker players can no longer…
When looking at the future of law enforcement envisioned by Axon Enterprise CEO Rick Smith, I can’t help but think of the 1993 Sylvester Stallone movie “Demolition Man.” In that movie, they portray a more civilized society where police utilize non-lethal AI-like systems and surveillance-driven technologies to maintain order. The movie portrays violent, lethal manners of containment as a crude relic of the past. Granted ,many personal freedoms are encroached in that movie and that’s where the comparison ends. But AXON is designing a more balanced, ethical and technology-driven approach to law enforcement. We own AXON in our Tactical Alpha Growth and Active…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCharlie Bobrinskoy, Ariel Investments vice chairman, and Tom Lee, Fundstrat head of research, joins ‘Closing Bell Overtime’ to talk the day’s market action. Source link
Still from Disney’s newest live-action remake “Lilo & Stitch.”DisneyShares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office.AMC saw its stock jump more than 23%, while shares of Marcus Theatres’ parent company Marcus Corporation climbed 10% and Cinemark stock leaped nearly 4%.The tandem releases of Disney’s live-action “Lilo & Stitch” and Paramount’s “Mission Impossible — The Final Reckoning” alongside holdovers Disney and Marvel’s “Thunderbolts*,” Warner Bros.’ “Sinners” and “Final Destination Bloodlines” led to an estimated $326 million haul, the highest Memorial Day box office ever, according to data from Comscore.It is…
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019.Michael Short | Bloomberg | Getty ImagesOkta reported better-than-expected earnings and revenue on Tuesday but maintained its guidance as the identity management software vendor grapples with an uncertain economic backdrop. The stock plunged 10% in extended trading. Here’s how the company did compared to LSEG estimates:EPS: 86 cents adjusted vs. 77 cents expectedRevenue: $688 million vs. $680 million expectedRevenue in the fiscal first quarter rose 12% from $617 million a year ago. Subscription revenue increased by the same amount to…
Starbucks is in the middle of a turnaround story as new management is expected to overhaul the struggling coffee chain, according to Nancy Tengler, Laffer Tengler Investments CEO and CIO. Tengler broke down her views on Starbucks, Nvidia, and EQT on CNBC’s “Three-Stock Lunch” Tuesday. Starbucks Last month, Starbucks missed earnings and revenue estimates for its fiscal second quarter as same-store sales fell for the fifth straight quarter. Still, CEO Brian Niccol said the coffee chain is seeing “momentum” in its turnaround, even though the effort will pressure earnings. “I think it’s presenting an opportunity to invest, for investors to step…
