A number of catalysts could lead to more gains for Lyft , according to TD Cowen. Analyst John Blackledge upgraded the ride-sharing stock to buy from hold, naming it his “best smidcap idea” for 2025. The analyst also upped his price target by $5 to $21, which implies more than 40% upside from Monday’s close….
Darden Restaurants on Friday beat Wall Street’s earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal 2026. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.98 adjusted vs. $2.97 expected Revenue: $3.27 billion vs. $3.26…
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken…
Investors should consider taking advantage of the recent pullback in shares of Mastercard and Visa , Wells Fargo said on Tuesday. The firm reiterated its overweight ratings on the two global payments technology names and kept its price target at $625 for Mastercard and $395 for Visa. Those targets each imply around 15% upside from…
Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the…
A Rolls-Royce Spectre all electric luxury coupe is displayed at Rolls-Royce Motor Cars dealership showroom in London. John Keeble | Getty Images News | Getty Images Republicans are trying to make good on President Donald Trump’s campaign promise to give Americans a tax break on their car loan interest. However, as structured, most households wouldn’t…
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets rose Tuesday after United States President Donald Trump said that the Iran-Israel ceasefire he announced earlier was in effect, following Iranian state-linked media announcing Tehran had fired its “last round” of missiles at Israel. “THE CEASEFIRE IS NOW IN EFFECT….
A for sale sign is displayed near a home on April 24, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of…
Check out the companies making headlines before the bell: Northern Trust — Shares rose more than 6% after The Wall Street Journal, citing people familiar with the matter, reported that Bank of New York Mellon approached Northern Trust last week to convey interest in a merger between the two rivals. The report also said that…
A view of missiles over Doha, Qatar after Iran has launched an operation targeting a U.S. base in Qatar on June 23, 2025. Stringer | Anadolu | Getty Images DUBAI, United Arab Emirates — Escalating regional war, or a bunch of choreographed theatre? Millions across the Middle East were told to shelter in place Monday…
