String of Hot IPOs Could Spark Dealmaking
See It Market· 2025-06-18 16:22
Wall Street mega-mergers have not hit the tape as the second quarter comes to a closeAnimal spirits have been kept at bay, but there are indications that the M&A tide could turn soonMany small deals have done through, including ones from overseas, and an active calendar of corporate shareholder meetings could offer fresh insights into capital plansAnother pair of IPO gangbusters played out last week. On the heels of the outright fervor that came with CoreWeave (NASDAQ: CRWV) and Circle (NASDAQ: CRCL) earl ...
Comcast vs. Verizon: Which Telecom Stock is a Better Buy Right Now?
ZACKS· 2025-06-18 16:21
Key Takeaways Verizon is driving customer growth through pricing flexibility and expanded fiber network investments. Comcast's rollout of DOCSIS 4.0 enables multi-gigabit speeds over its existing broadband infrastructure. CMCSA's diversified business model supports stability amid macroeconomic pressures.Verizon Communications, Inc. (VZ) and Comcast Corporation (CMCSA) are major players in the telecommunications market. Verizon, the leading wireless carrier in the United States, delivers communication serv ...
OpenAI is winding down its work with Scale AI, whose founder is joining Meta
CNBC· 2025-06-18 16:20
OpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder join the social media company to lead an AI effort.Scale is best known for its work helping major tech companies, including OpenAI, prepare data they use to train cutting-edge AI models. But OpenAI has been pulling back from the startup over the last six to 12 months, according to an OpenAI spokesperson.OpenAI has been looking to w ...
TEMPUS AI SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Tempus AI, Inc. - TEM
GlobeNewswire News Room· 2025-06-18 16:19
NEW YORK and NEW ORLEANS, June 18, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 12, 2025 to file lead plaintiff applications in a securities class action lawsuit against Tempus AI, Inc. (NasdaqGS: TEM), if they purchased the Company’s shares between August 6, 2024 and May 27, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for t ...
IBM still has room to run, says BofA as it lifts price target
Proactiveinvestors NA· 2025-06-18 16:16
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
U.S. Bancorp: Attractive As It Solves Its Capital Weakness
Seeking Alpha· 2025-06-18 16:15
Shares of U.S. Bancorp (NYSE: USB ) have been a moderate performer over the past year, adding 9%, though the stock remains well below its post-election highs. Given its capital position, USB is a comparatively poorly positioned bank, which is why hopes ofOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ...
FAF Stock Trading at a Discount to Industry at 1.18X: Time to Hold?
ZACKS· 2025-06-18 16:15
Key Takeaways FAF expects modest improvement in both residential purchase and refinance businesses for 2025. Direct premiums, escrow fees, and title agent premiums are expected to continue driving top-line growth. Favorable growth estimates, improving commercial business and affordable shares boost FAF's long-term outlook.First American Financial Corporation (FAF) shares are trading at a discount to the Zacks Property and Casualty Insurance industry. Its forward price-to-book value of 1.18X is lower than ...
Circle Leads the Stablecoin Revolution: What you Need to Know
ZACKS· 2025-06-18 16:15
Bitcoin’s launch in 2009 changed the world forever and triggered the crypto revolution. The world’s first cryptocurrency rose from obscurity, once primarily used for nefarious purposes like buying drugs off the dark web off websites like ‘The Silk Road,’ to the mainstream. Today, Bitcoin is a $2.08 trillion asset and is larger than some of America’s largest companies like Meta Platforms ((META) and Broadcom ((AVGO) ). Bitcoin’s undeniable success has bred further innovations and new products. Depending on h ...
Hess Outperforms Industry in 6 Months: Should You Buy the Stock?
ZACKS· 2025-06-18 16:15
Key Takeaways Hess has outpaced the sector in 6 months with 13.4% gains, aided by bullish momentum and technical indicators. Cost control lifted upstream income 6.4% sequentially to $563M despite weaker oil prices and volumes. Over half of Q1 capex went to Guyana projects, signaling a focus on high-return offshore investments.Shares of Hess Corporation (HES) have gained 13% in the past six months, outperforming the oil-energy sector and the Zacks S&P 500 composite’s growth of 4.7% and 1.5%, respectively. ...
Waymo plans self-driving vehicle test in NYC, eyes expansion
New York Post· 2025-06-18 16:14
Ride-hailing pioneer Waymo said it aims to bring a fleet of autonomous vehicles to New York City beginning next month.The company, owned by Google parent Alphabet, said Wednesday it has applied for a permit with the city’s Department of Transportation to test a “small fleet” of self-driving cars in Manhattan with a trained specialist behind the wheel. “This is not an expansion, but we have every intention of bringing our fully autonomous ride-hailing service to the city in the future,” Waymo said in a state ...