Shares of clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) jumped 8.6% in the morning session after Morgan Stanley upgraded the stock's rating from Hold to Buy and raised the price target from $41 to $63. The firm added, "We left the fiscal 4Q25 pre-announcement & subsequent mgmt. meeting incrementally positive."
Market strategist Ed Yardeni: Expect the S 500 to hit 7,000 this year and 8,000 in 2026
Both assets have been accused of their value being disconnected from their financial performance.
Tender rejection rates are remaining elevated during a period where the market would traditionally be loosening The post Truckload market tries to squash seasonal depression appeared first on FreightWaves.
3M shares surged Tuesday after the conglomerate topped fourth-quarter profit and sales estimates on higher demand for a wide range of its products.
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Moderna received a $590 million award from the U.S. government to speed development of a vaccine that could be used to fight bird flu.
The stablecoin giant is facing off against BlackRock in a bet that more money market transactions will move on to blockchain.
Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday, as part of a management reshuffle less than a week after reporting its biggest quarterly profit in more than three years. The move comes at a time the investment bank is preparing for a flurry of dealmaking in 2025 on the back of a resilient economy and prospects of business-friendly policies under the Trump administration. "This group of leaders represents the very best of our culture of excellence, client service and teamwork," said Goldman CEO David Solomon, who last week was given an $80 million stock bonus to stay at the helm for another five years.
The company’s statutory gross profit decreased by £5.7m to £35.52m.