After a number of media outlets reported that Given Imaging was in talks to be acquired by Fujifilm Holdings for $750M, Cantor says it's not clear whether the $750M figure is real, or simply a "ploy" meant to solicit higher bids. However, the firm thinks there is a greater than 50% chance that the company will be acquired, and it raised its target on the stock to $25 from $22 while maintaining a Buy rating.
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
It's possible to construct a winning long-term investment strategy with just low-cost index funds.
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely.
The combination of artificial intelligence (AI) and cybersecurity is a match made in heaven.
Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Trump Social itself.
Data center equipment spending is being driven by AI-related investment.
This company should continue to make millionaires, just as it has over the past two decades.
Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel.
The March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
