Latest News

Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 6.4% in the pre-market session after Truist analysts upgraded the stock's rating from Hold to Buy, signaling renewed confidence in the company's turnaround efforts. In their note, the firm emphasized that more than three years after initially downgrading Peloton, they saw tangible improvements in the company's fundamentals.

The soft, sentiment-oriented data has been disappointing, while hard data, which reflects actual economic activity, has been strong.

Analysts raise AbbVie price targets after strong Q1 results, driven by Skyrizi, Rinvoq growth and strategic moves in Parkinson's disease treatments.

MercadoLibre share price has gained more than 20% in recent weeks.

Sony Group Corp is considering spinning off its semiconductor unit Sony Semiconductor Solutions Corp by 2025 and may also spin off its financial arm. Intel recently sold a stake in its chip business.

Oppenheimer analyst Jason Helfstein maintained an Outperform rating on Amazon and lowered the price target from $260 to $220.

NFL betting favorites include Tyler Shough, Quinshon Judkins, Sheduer Sanders and TreVeyon Henderson — all drafted after the first round.

Pony AI Inc (NASDAQ:PONY) shares are running Monday following reports that the Chinese robotaxi company has accelerated its timeline to profitability.