Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than 2% after CEO Elon Musk said in a Saturday post on X he will give greater attention to his companies, writing: “I must be super focused on /xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out.” Musk has been…
Author: usaeverydaylife
Here are Tuesday’s biggest calls on Wall Street: Piper Sandler reiterates Nvidia as overweight Piper said it’s sticking with the stock ahead of earnings on Wednesday. “We advise investors to weather the uncertainty and stay long the stock as this is likely largely the last wave of negative news for NVDA this year. Reiterate OW rating.” UBS upgrades LifeStance Health to buy from neutral UBS said the long term growth thesis is intact for the health company. “We are upgrading our rating of LFST to Buy (50%+ upside on $8.50 PT) as we see a fundamental disconnect between underlying performance…
The National Public Radio (NPR) headquarters in Washington, DC, US, on Monday, May 5, 2025. Stefani Reynolds | Bloomberg | Getty ImagesNational Public Radio on Tuesday sued President Donald Trump over his executive order to cease all federal funding for the nonprofit broadcaster.Trump’s May 1 order violates the First Amendment’s protections for speech and the press and steps on Congress’ authority, NPR and three other public radio stations wrote in the lawsuit filed in federal court in Washington, D.C.The order “also threatens the existence of a public radio system that millions of Americans across the country rely on for vital…
Yu-Hsuan Lin, 27, lays out a Harvard hat, mug, hoodie and her admission letter to Harvard University on a table in Taipei, Taiwan May 24, 2025. Ann Wang | ReutersThe Trump administration moved Tuesday to terminate all remaining federal government contracts with Harvard University, which are worth a reported $100 million, escalating an already heated financial and legal war with the private school.The U.S. General Services Administration, in a letter to top procurement officials at federal agencies calling on them to review for termination the contracts, claimed that Harvard “continues to engage in race discrimination” in its admission process and…
The Cofrentes nuclear power plant, on 17 October, 2024 in Valencia, Valencian Community, Spain.Europa Press News | Europa Press | Getty ImagesA European-wide shift to nuclear power appears to be gathering momentum as countries hedge their bets in pursuit of more energy independence.In just the last few weeks, Denmark announced plans to reconsider a 40-year ban on nuclear power as part of a major policy shift, Spain reportedly signaled an openness to review a shutdown of its nuclear plants and Germany dropped its long-held opposition to atomic power.The renewed European interest in nuclear shows how some countries are hedging their…
Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022.Bloomberg | Bloomberg | Getty ImagesSalesforce announced Tuesday that it’s buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant’s push into artificial intelligence.Shares of Salesforce were up about 1% in U.S. premarket trading. Informatica shares climbed about 6%.”Truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data,” said Steve Fisher, Salesforce president and chief technology officer, in a release. “The combination of Informatica’s advanced catalog and metadata capabilities with our Agentforce platform delivers exactly this.”Under…
Barclays is moving to the sidelines on CoreWeave after the stock’s massive rally since going public. The firm downgraded CoreWeave to equal weight from overweight on Monday. It did raise its price target to $100 per share from $70, but that implies upside of just 3%. CoreWeave has been on a tear since its initial public offering on March 28 . In that time, the stock has surged 156.9%. The company priced its IPO at $40 per share. In May alone, shares have soared 148%. Analyst Raimo Lenschow said he’s optimistic on the stock long term, but added that the…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025.Kevin Lamarque | ReutersFederal Reserve Chairman Jerome Powell shared one of the biggest career mistakes with Princeton graduates and said taking risks and initiatives is the key to getting ahead.In a commencement address to Princeton’s Class of 2025 on Sunday, Powell described one of the key traits he said was behind him ultimately becoming a member of the Federal Reserve Board.”As you strive in coming years to reach your…
SoundHound AI is a pure play in the rise of artificial intelligence that investors shouldn’t overlook, according to Piper Sandler. The firm initiated coverage of the AI stock on Monday with an overweight rating and a $12 per share price target. Piper Sandler’s forecast implies more than 25% upside from Friday’s $9.58 close. “With its voice-A.I platform, SoundHound is a direct play on the A.I revolution,” analyst James Fish wrote. The analyst highlighted a multitude of segments into which SoundHound can expand its growth runway, including further integrating its conversational AI technology into auto. SOUN YTD mountain SoundHound AI stock…
WASHINGTON – NOVEMBER 15: Rep. Charlie Rangel (D-NY) arriving for his House of Representatives ethics committee hearing in the Longworth House Office Building November 15, 2010 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesCharles Rangel, the Democratic former congressman from New York who championed his Harlem community on Capitol Hill for almost five decades, died Monday, his family said.He was 94.City College of New York spokesperson Michelle Stent confirmed Rangel’s death in a statement, saying he died at a hospital in New York.Politicians and supporters remembered Rangel, known as Charlie, for his years in public service and deep…
