Salesforce (NYSE: CRM) shares climbed 1.90% intraday after J.P. Morgan initiated coverage with a bullish rating and a new price target. Analyst Samik Chatterjee assigned CRM an Overweight rating and established a December 2027 price target of $250, moving the stock from Not Rated. Chatterjee argued that concerns about AI disrupting enterprise software and intensifying…

Reddit Inc. (RDDT) is set to join the S&P 500 following an off-cycle change announced by S&P Dow Jones Indices, sending shares of the social media platform soaring more than 10% after the bell. The index addition takes effect prior to the start of trading on August 18, marking a significant milestone for the company…

The stock market has a long and well-documented history of underperforming in September more than in any other month of the calendar year. Commonly referred to as the “September Effect,” this seasonal pattern has puzzled investors, financial analysts, and economists for decades without a single universally accepted explanation. From 1928 to 2025, the S&P 500…

In a fresh sign that inflation pressures may be cooling, the producer price index showed no change in July, defying expectations for a 0.2% gain. The Bureau of Labor Statistics reported Thursday that the PPI, a key measure of underlying wholesale inflation, was unchanged month over month after falling 0.1% in June. The June figure…

Billionaire investor Bill Ackman is buying back into Netflix after famously exiting the streaming giant at a steep loss just three months into his original position. Ackman’s Pershing Square Inc. disclosed the new Netflix stake in a semiannual report released Wednesday, revealing it held 3.15 million shares as of June 30, representing 4.9% of its…

After a parent dies, many American families face an unexpected and devastating financial threat from the government program that paid for their loved one’s care. Medicaid estate recovery is a federally mandated process that allows states to reclaim the costs of long-term care services from the estates of deceased recipients who were 55 or older….