
Andrew Kessel
Reporter at Investopedia
Missourian masquerading as a New Yorker. I cover markets for @investopedia. Formerly of @FinAd_IQ, @proactive_NA, @Guideposts and @RollingStone #Mizzou
Articles
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2 days ago |
investopedia.com | Andrew Kessel
Tesla ( TSLA) CEO Elon Musk on Wednesday ramped up his criticism of President Trump's signature budget legislation.
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2 days ago |
investopedia.com | Andrew Kessel
Key Takeaways Reddit ( RDDT) filed a lawsuit against AI startup Anthropic, accusing the Claude chatbot developer of unlawfully training its models on Reddit users' personal data without a license. Shares of Reddit surged close to 7% Wednesday following the complaint, and have climbed about 28% so far in 2025. The complaint, filed in California Wednesday, accuses Anthropic of scraping Reddit's servers more than 100,000 times despite claiming to have blocked its bots from doing so in July 2024.
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2 days ago |
investopedia.com | Andrew Kessel
Key Takeaways Apple ( AAPL), one of the famed Magnificent Seven stocks, is no longer a "buy," according to analysts at Needham. The iPhone maker's valuation is too pricey compared with its Big Tech peers and doesn't appear primed for a strong device upgrade cycle, Needham wrote to clients Wednesday. Analyst Laura Martin downgraded Apple to "hold" from "buy" and withdrew its price target of $225.
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2 days ago |
investopedia.com | Andrew Kessel
Key TakeawaysJPMorgan analysts raised their price targets on a number of internet stocks, signaling to clients that concerns over the Trump administration's tariff policies have at least partially subsided. Big Tech titans Amazon ( AMZN) and Meta ( META) each earned a higher price objective, along with smaller names like Spotify ( SPOT), eBay ( EBAY), Duolingo ( DUOL), Etsy ( ETSY), and Booking ( BKNG).
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3 days ago |
investopedia.com | Andrew Kessel
Hewlett Packard Enterprise ( HPE) delivered fiscal second-quarter results that topped analysts' expectations and narrowed its full-year profit forecast. The server maker posted revenue of $7.63 billion, up 6% year-over-year and above the analyst consensus from Visible Alpha. Its adjusted net income of $545 million, or 38 cents per share, fell from $561 million, or 42 cents per share, in the year-ago quarter, beating estimates. HPE shares gained over 3% in after-hours trading.
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