Topline The Supreme Court's signaling it may uphold a ban on TikTok, the wildly popular shortform video social media app, sent shockwaves through the stock market Friday, boosting shares of companies behind rival platforms and hitting hard one key TikTok partner. Protestors stand outside of the Supreme Court on Friday. Getty Images Key Facts The Supreme Court heard oral arguments Friday in TikTok's appeal against a law requiring its private Chinese parent company ByteDance to divest its TikTok holdings by o ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start 2025, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direc ...

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ESSA Bancorp, Inc. (Nasdaq: ESSA), relating to the proposed merger with CNB Financial Corporation. Under the terms of the agreement, ESSA shareholders will receive 0.8547 shares of CNB common ...

Market sentiment has turned cautious as investors question the sustainability of lofty valuations amid economic uncertainty and rising interest rates. Despite expanding its footprint in commercial sectors and securing high- profile contracts, Palantir faces skepticism over its cost structure and pathway to profitability. Palantir's heavy focus on government contracts and its complex business model have become key points of scrutiny. Palantir Technologies Inc PLTR joined the prestigious Nasdaq-100 index on D ...

Constellation stock is up! No, it’s down! Wait, who’s right? Turns out, they both are. In an unusual bit of symmetry, shares of two companies named “Constellation” are among both the S&P 500’s top gainers and losers Friday.  On the green side of the ledger is Constellation Energy (CEG), shares of which were recently up some 26%. That was good for the second-best performance in the benchmark index after Walgreens Boots Alliance (WBA). Driving the move was the news that the company agreed to buy privately ow ...

On Thursday, Truist initiated coverage on BioNTech SE BNTX, a famed COVID-19 vaccine maker, in collaboration with Pfizer Inc PFE. BioNTech is transitioning from a COVID-focused narrative to a story centered on oncology drug development and upcoming catalysts. The analyst, Asthika Goonewardene, writes that BNT327 is at the forefront, a promising drug in an innovative class that could challenge and potentially surpass the PD-1 category, which generated over $42 billion in 2023. Also Read: BioNTech Earns Upgra ...

In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025.On Friday, the area's airports were operating normally, according to flight-tracking platform FlightAware, but parts of the city were still in the grip of the wildfires. Power outages were reported across Los Angeles County and local residents in the decimated Pacific Palisades area were told to boil or use bottled water. Parts of the county wer ...

Arch Capital Group Ltd. (NASDAQ: ACGL ) has good fundamentals in the insurance industry and an impressive growth history. Thus, long-term investors should see its recent share price weakness as an opportunity to buy more shares at an attractive valuation. Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio managem ...

In 2024, utility stocks staged a remarkable comeback, buoyed by the surging energy demands of data centers and the transformative impact of artificial intelligence (AI) across industries. Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), explores how this trend propelled massive gains for companies like Vistra and GE Vernova, which capitalized on the AI-driven shift toward electrification and decarbonization. Holmes also delves into the broader market dynamics of 2024, highlighting the interplay bet ...

Packages with the logo of Amazon are transported at a packing station of a redistribution centre of US online retail giant Amazon in Horn-Bad Meinberg, western Germany, on December 9, 2024.Amazon is shutting down "Prime Try Before You Buy," a competitor to Stitch Fix that allowed Prime members to try out clothes, shoes and accessories and only pay for items they wanted to keep. The service will be discontinued on Jan. 31, according to a notice posted to Amazon's website. The notice then directs users to bro ...