Grocery giant Kroger named former Walmart executive Greg Foran as its new CEO.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Foran took the job Monday (Feb. 9) and succeeds Ron Sargent, who had been acting as the ...

Ruane, Cunniff LP, an investment adviser managing Sequoia Strategy, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. Sequoia Strategy returned 9% in Q4 compared to 2.7% for the S&P 500 Index. The Strategy delivered a return of 21.9% in 2025 versus 17.9% for the Index. In a year characterized by both strength and volatility, the Strategy outperformed the Index. The firm strives to invest in high-quality, fundamentally and financially strong businesses at reasonable prices. T ...

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee and take a step back from the daily price charts. Beneath the noise, some analysts believe Bitcoin’s latest downturn may be telling a very different story—one less about collapse and more about how the market itself is changing. Crypto News of the Day: Bernstein Maintains $150,000 BTC Prediction Bitcoin’s latest correction may feel familiar to crypto analyst ...

Key Takeaways NVO shares slid on fears that cheap compounded GLP-1 pills could erode Wegovy demand and pricing power.Regulatory scrutiny intensified as the FDA warned against mass-marketed compounded GLP-1 drugs.NVO stock rebounded after reports that HIMS halted plans for a lower-priced compounded oral semaglutide pill.Danish obesity drugmaker Novo Nordisk (NVO) has had a turbulent few days, with its shares coming under heavy pressure last week. A massive sell-off was sparked by the company’s downbeat 2026 ...

Biohaven Ltd. (BHVN) closed the last trading session at $11.6, gaining 4.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $21.13 indicates an 82.2% upside potential.The average comprises 15 short-term price targets ranging from a low of $9.00 to a high of $50.00, with a standard deviation of $11.83. While the lowest estimate indicates a decline of 22.4% from the current price lev ...

Shares of AppLovin (APP) have been struggling lately and have lost 14% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stoc ...

The price trend for MongoDB (MDB) has been bearish lately and the stock has lost 7.3% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bu ...

The price trend for Naspers Ltd. (NPSNY) has been bearish lately and the stock has lost 9.8% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor th ...

Avnet, Inc. (AVT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AVT's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a ...

For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. I started in sell-side research with a Canadian bank, then moved to a hedge fund, followed by a family office and then finished my career in wealth management. I was 20 on my first day on Bay Street. I will forever remember. I had worked so hard to get there, from a small French-speaking town in Québec. Getting my CFA and CAIA designations by 25 was another important milestone. I was a young man with a dre ...