Thomas Trutschel | Getty Images Shopify was hit with an outage on Cyber Monday, leaving some users and businesses unable to complete transactions during one of the biggest shopping days of the year. In an update to its status page, the Canadian e-commerce company said select merchants were experiencing issues logging into Shopify, while others…
Check out the companies making headlines in midday trading Old Dominion Freight Line — Shares of the less-than-truckload freight carrier rose more than 5% after being upgraded to outperform by BMO Capital. The analyst cited an improving backdrop for its business, plus an opportunity brought on by a more than 40% pullback in the stock…
Amazon’s grip on the apparel industry just keeps getting tighter. Amazon’s market share for the apparel and footwear segment reached nearly 13% in 2024, with sales over $67 billion, more than double Walmart’s about $32 billion business, according to a Wells Fargo industry note published in September. The firm expects Amazon’s sales in the category to…
Among the major Wall Street shops, Seaport stands alone with its solitary sell rating on shares of Nvidia . In a Sunday note, Seaport analyst Jay Goldberg reiterated his sell rating on the chipmaker. Goldberg’s $140 price target is about 21% below Nvidia’s Friday closing price of $177 per share. The stock has surged 33%…
Alina Habba, speaks after being sworn in as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images Alina Habba, President Donald Trump’s pick to serve as New Jersey’s top federal prosecutor, remains disqualified from serving in…
Mustafa Hatipoglu | Anadolu | Getty Images Artificial intelligence startup Runway on Monday announced Gen 4.5, a new video model that outperforms similar models from Google and OpenAI in an independent benchmark. Gen 4.5 allows users to generate high-definition videos based on written prompts that describe the motion and action they want. Runway said the model…
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the…
Check out the companies making headlines before the bell. Synopsys — The developer of design automation models and software jumped 8% after Nvidia invested $2 billion in Synopsys common stock at $414.79 per share as part of a broad strategic partnership. Leggett & Platt — Shares rose 14% after the furniture component manufacturer received an…
FILE PHOTO: Nvidia CEO Jensen Huang speaks at event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024. Ann Wang | Reuters Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. “Our partnership with Synopsys…
The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Monday said it is lowering the cash prices of single-dose vials of its blockbuster weight loss drug Zepbound on its direct-to-consumer platform, LillyDirect, building on efforts by the company and the…
