We’re raising our Meta price target big time after a stellar quarter and an incredible guide

We’re raising our Meta price target big time after a stellar quarter and an incredible guide

Meta Platforms shares soared Wednesday evening after the social media juggernaut delivered what can only be described as a blowout quarter. The only thing better than the reported results was the guidance. Revenue in the second quarter ended June 30 climbed 22% year over year to $47.52 billion, far exceeding the consensus estimate of $44.8…

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Startup founders react to bubble fears

Startup founders react to bubble fears

Markets were on edge this week as a steady stream of negative headlines around the artificial intelligence trade stoked fears of a bubble. Famed short-seller Michael Burry cast doubt on the sustainability of AI earnings. Concerns around the levels of debt funding AI infrastructure buildouts grew louder. And once high-flyers like CoreWeave tanked on disappointing guidance. CNBC’s Deirdre Bosa asked those at…

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Japan core inflation in February misses estimates, headline CPI eases for a fourth straight month

Japan core inflation in February misses estimates, headline CPI eases for a fourth straight month

TOKYO, JAPAN – FEBRUARY 05: Tourists and shoppers walk through the Tsukiji shopping area on February 5, 2026 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s headline inflation rate eased for a fourth straight month in February as the economy cooled on stabilizing food prices, though soaring energy prices risk…

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Moulton bans staff from using prediction markets like Kalshi, Polymarket

Moulton bans staff from using prediction markets like Kalshi, Polymarket

Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire,  on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton, D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi…

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