HP Enterprise Stock Jumps as Activist Elliott Builds $1.5B Stake
Hewlett Packard Enterprise shares surged Tuesday following reports activist investor Elliott Investment Management built a $1.5 billion stake in the server maker.
GameStop Did It. Now Strive's Matt Cole Wants Intuit to Back Bitcoin Too
Intuit’s deplatforming and anti-bitcoin stance could harm shareholder value, Cole said, while urging adoption of BTC as a strategic hedge.
Analysis-Brazil auto market offers warning for US tariff policy
When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. As the U.S. auto industry confronts major tariffs imposed by President Donald Trump, executives and analysts are drawing parallels with Brazil, once the world's fourth-largest auto market and now a case study in the dangers of protectionism. Philipp Schiemer, former head of Mercedes-Benz in Brazil and Latin America, learned some of those lessons the hard way as he opened a plant in Sao Paulo making luxury cars, which was shut down in 2020.
Bank Stocks Jump as Bank of America, Citi Results Are Latest to Beat Estimates
Shares of major U.S. banks are surging Tuesday, after Bank of America and Citigroup became the latest lenders to report better-than-expected quarterly earnings on the back of a stock trading boom.
Analysts Stay Bullish on Netflix Stock Ahead of Earnings
Analysts at Oppenheimer and Bank of America reiterate bullish outlooks on the streaming stock ahead of earnings expected later this week.
Bitcoin Is Down 25%, Erasing All Gains From the Trump Rally. Should Investors Be Worried?
For many investors, this might seem like the worst possible time to invest in Bitcoin (CRYPTO: BTC). After all, Bitcoin is now down nearly 25% from an all-time high of $109,000 in January. In fact, if history is any guide, now might be the best possible time to add to your Bitcoin position.
Palantir Stock Extends Gains After NATO Deal
Shares of Palantir Technologies rose for a second consecutive session Tuesday following news that NATO acquired the analytics software provider's AI-enabled military system.
AI, Bitcoin & Gaming: 2025 Major Opportunities (PLTR, MSTR, TTWO)
Palantir Technologies, TakeTwo Interactive Software and MicroStrategy represent three of the most compelling opportunities in the market today
Allegro MicroSystems (ALGM) Stock Trades Down, Here Is Why
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 13.4% in the pre-market session after ON Semiconductor withdrew its proposal to acquire the company. ON Semiconductor added that there was "no actionable path forward."
Why Is Hewlett Packard Enterprise (HPE) Stock Soaring Today
Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 7.3% in the morning session after activist investor Elliott management announced a stake estimated at $1.5 billion in the company. This move was noteworthy given that activist investors often bring about significant changes in targeted companies, focusing on improving asset monetization, expense efficiency, and stock buybacks.