General News

Investing.com -- U.S. stock futures traded marginally higher Monday, retaining a degree of optimism at the start of a new week that offers more clues as to the likely future direction of U.S. monetary policy.

Here are some of the biggest premarket U.S. stock movers today:

• JPMorgan Chase (NYSE: JPM) stock rose 0.7% after the investment bank raised its forecast for net interest income, or the difference between what it makes on loans and pays out on deposits, to $91... (continue reading...)

(Reuters) -The U.S. Food and Drug Administration has allowed billionaire Elon Musk's Neuralink to implant its brain chip in a second person after the company offered fixes to a problem that occurred in the first patient, the Wall Street Journal reported on Monday.

Reuters reported last week, citing people familiar with the matter, that the issue disclosed by Neuralink where tiny wires inside the brain of its first patient had pulled out of position is an... (continue reading...)

(Reuters) - Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said on Monday, as it looks to attract budget-stretched customers.

Still-high food prices and borrowing costs have made cash-crunched customers more conscious of their spending on pricey items and look for cheaper products in stores and online, forcing retailers to lower prices to get more... (continue reading...)

(Reuters) -CyberArk said on Monday it will acquire cybersecurity firm Venafi from equity firm Thoma Bravo in a deal valued at around $1.54 billion.

The firm will acquire Venafi in a combination of $1 billion in cash and around $540 million in stock, and expects the deal to close in the second half of 2024.

Venafi is also expected to add around $150 million in annual recurring revenue and will be accretive to CyberArk's margins immediately,... (continue reading...)

Ahead of Nvidia (NASDAQ: NVDA)'s earnings release on Wednesday, May 22, analysts at Barclays, Baird and Stifel raised their price target for the stock. 

In a note Monday, Barclays maintained a Neutral rating on Nvidia but increased its target for the company's shares to $1,100 from $850, stating that all signs point to another revision higher. 

"All in, checks continue to point to $1B in upside in April and $2B in July.," stated Barclays. "We believe the company... (continue reading...)