Nvidia, Citigroup, Live Nation and a Real Estate Stock: CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named CBRE Group, Inc. (NYSE:CBRE) as her final trade. Evercore ISI Group analyst Steve Sakwa maintained an Outperform rating on CBRE Group on June 30 and lowered the price target from $179 to $169. Jason Snipe, founder and chief investment officer […]

SpaceX’s ‘Demand Flywheel’: How Anyone Can Value the Stock: ‘I Don’t Think…’

Wedbush analyst Dan Ives has initiated coverage on the newly public Space Exploration Technologies Corp. (NASDAQ:SPCX) with a highly bullish outlook, betting on the company’s emerging “demand flywheel” just as the stock prepares for massive passive capital inflows from its upcoming Nasdaq-100 inclusion on July 7. However, Wedbush’s $190 price target arrives amidst a fierce […]

Jeff Bezos’ 2016 ‘Lottery Ticket’ Warning Comes True

The recent initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX) has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has surpassed $2 trillion, creating millionaires across the company, including engineers, technicians, and everyone who […]

Gorilla Technology Stock Surges On 5-Year AI Contract

Gorilla Technology Group Inc (NASDAQ:GRRR) shares are flying on Tuesday after the company announced a five-year agreement to deploy AI compute infrastructure at the NeutraDC Batam data center in Indonesia. Here’s what you need to know. Gorilla Tech Gr stock is showing exceptional strength. What’s driving GRRR stock higher? $2.5 Billion Contract Reshapes Gorilla’s Outlook […]

AbbVie Expands Immunology Footprint With Apogee $11 Billion Acquisition

Read Also: AbbVie Says Nine-Year Data Reinforces Venetoclax Benefit In Leukemia Patients Biopharmaceutical giant AbbVie Inc. (NYSE:ABBV) announced Monday that it has agreed to acquire Apogee Therapeutics Inc. (NASDAQ:APGE) in a cash deal valued at approximately $10.9 billion. The deal strengthens its immunology portfolio and accelerates AbbVie’s expansion into respiratory diseases through a pipeline of […]

Peter Schiff Warns California’s Proposed Billionaire Tax Could Trigger A ‘Mass Exodus’

Economist Peter Schiff has warned that California faces a “mass exodus” of ultra-wealthy entrepreneurs, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg, if voters pass a proposed 5% billionaire wealth tax. Deconstructing the warning, Schiff highlighted the hidden danger of taxing unrealized asset valuations, which he claims will trigger severe capital flight and permanently erode […]

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