Pan American Silver Corp. (NYSE:PAAS) and MAG Silver Corp. (AMEX:MAG) disclosed a definitive deal for Pan American to acquire MAG Silver’s shares through a plan of arrangement. As per the deal, MAG shareholders will receive approximately $2.1 billion ($20.54 per MAG share based on PAAS’s May 9, 2025 NYSE closing price) in a mix of […]

J.P. Morgan analyst Bill Peterson reiterated an Overweight rating on the shares of Evgo Inc (NASDAQ:EVGO) with a price forecast of $5.00. EVgo beat revenue expectations, thanks in part to stronger-than-anticipated performance from its eXtend business, said the analyst. The company reaffirmed both its financial and stall deployment targets, easing investor concerns around the stability […]

Novo Nordisk A/S (NYSE:NVO) on Wednesday reported first-quarter 2025 sales of roughly $10.89 billion (78.09 billion Danish kroner), missing the consensus of $11.64 billion. Sales increased by 19% in Danish kroner and 18% at CER. In U.S. Operations, sales increased by 20% in Danish kroner and 17% at CER. Sales in International Operations increased by […]

In a recent interview, Tesla CEO and billionaire Elon Musk shared what he hopes will eventually become his legacy: helping civilization progress. Alongside his ambitious objectives for Tesla, SpaceX, and Neuralink, Musk stressed a mounting priority: developing artificial intelligence that is “maximally truth-seeking,” which he called essential for AI safety. What Happened: Speaking to Lara […]

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC’s Brian Sullivan on “The Exchange” Tuesday, shared details of a discussion he had with Apple CEO Tim Cook about the possibility of relocating iPhone […]

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Alaska Air Group, Inc. (NYSE:ALK) can still go lower. “It’s really well-run, so don’t take this the wrong way, but the airlines are wrong to own right here because people think we’re going into a travel recession.” On the earnings front, Alaska Air Group reported worse-than-expected […]

Sony Group Corp (NYSE:SONY) is weighing spinning off its semiconductor unit Sony Semiconductor Solutions Corp. The spinoff and listing of the semiconductor unit may occur by 2025. Sony is considering distributing most of its holding in the chip business and may retain a minority holding after the spinoff, Bloomberg reported Monday, citing unnamed sources familiar with the matter. […]

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better […]