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TipRanks is a powerful investment platform designed for individual investors and day traders. It enables users to track and evaluate the performance of financial advisors and experts who offer investment advice.

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New York Sues Capital One (COF) for Misleading Customers with Its Savings Accounts

13 hours ago | tipranks.com | Vince Condarcuri

New York Attorney General Letitia James has filed a lawsuit against Capital One (COF), claiming that the bank misled customers with its 360 Savings accounts. The bank had advertised the accounts as offering some of the best interest rates in the country, but then locked many customers into a low 0.30% rate, even as rates were rising.
M&A News: Arista Networks (ANET) to Acquire VeloCloud from Broadcom

16 hours ago | tipranks.com | Vince Condarcuri

Arista Networks (ANET), a networking equipment company, is reportedly in the process of acquiring VeloCloud, which is a networking business unit owned by Broadcom (AVGO), according to The Information. VeloCloud provides both networking software and hardware to major clients, including telecom service providers. Although the exact price of the deal is unknown, it is expected to be under $1 billion, as the unit was generating around $300 million in annual recurring revenue as of October 2024.
Novo Nordisk (NVO) Signs $2.2B Deal to Develop Weight-Loss Pills

17 hours ago | tipranks.com | Vince Condarcuri

Pharma company Novo Nordisk (NVO) has signed a $2.2 billion partnership with biotech firm Septerna (SEPN) in order to develop new oral treatments for obesity, Type 2 diabetes, and other related health conditions. Although these areas are already targeted by current GLP-1 drugs like Wegovy, the deal gives Novo exclusive rights to Septerna’s small-molecule pills and is part of Novo’s push to stay ahead in the competitive weight-loss drug market.
Is Dell Stock a Buy or Sell? What Technicals and Analysts Suggest

18 hours ago | tipranks.com | Kirti Tak

As investors seek opportunities in the tech space, Dell Technologies (DELL) is drawing attention. According to TipRanks’ technical analysis tool, the overall consensus for DELL stock is Buy on a one-month timeframe. Meanwhile, on Wall Street, analysts have rated the stock as Strong Buy, predicting an upside of 20%. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Kraft Heinz (KHC) Goes Big on US Manufacturing with a Massive $3B Boost

19 hours ago | tipranks.com | Kirti Tak

Food and beverage company Kraft Heinz (KHC) is going big on American manufacturing. According to Reuters, the ketchup giant is committing a massive $3 billion investment to modernize its U.S. facilities, marking its most significant investment in domestic plants in the past 10 years. With this investment, the company aims to boost efficiency, reduce costs, and reshape its production footprint for the future.
Palantir Stock (PLTR) Breaks Records; Is It Too Late to Join the Party?

20 hours ago | tipranks.com | Kirti Tak

Palantir Technologies (PLTR) stock is on a roll, smashing its previous records. Yesterday, the stock gained over 8%, hitting a new all-time high of $128.10. Palantir’s recent stock surge is fueled by a mix of favorable macroeconomic and geopolitical developments. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Elon Musk’s Pay Back in Spotlight as Tesla Board Eyes Fresh Billion-Dollar Deal

23 hours ago | tipranks.com | Kirti Tak

Elon Musk’s multibillion-dollar pay is under spotlight as Tesla’s (TSLA) board is reportedly considering a new compensation package for its high-profile CEO. According to the Financial Times (FT), a special committee, which includes chairman Robyn Denholm and board member Kathleen Wilson-Thompson, is now reviewing a potential stock-based package deal. The outcome could reshape not only Musk’s future at Tesla but also set the tone for executive pay across the corporate world.
‘Not as Draconian as Feared,’ Says Investor as Solar Stocks Rally on GOP Tax Relief

1 day ago | tipranks.com | Kirti Tak

U.S solar stocks surged on Tuesday after a draft Republican or GOP (Grand Old Party) tax bill turned out to be far less damaging to renewable energy incentives than investors had feared. Reacting to the news, Shawn Kravetz, president and CIO of Esplanade Capital, an investor in renewable energy, commented, “It isn’t nearly as draconian as was feared.” Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
With Its Search Business at Risk, Google (GOOGL) Bets Big on These New AI Features

1 day ago | tipranks.com | Vince Condarcuri

Tech giant Google (GOOGL) is getting ready to reveal major updates at its upcoming I/O developer conference. One of the key features it’s working on is a new AI coding assistant called a “software development lifecycle agent.” This tool acts like a virtual coworker that can help engineers fix bugs, write code, and flag security issues with little help from humans. This is a step ahead of today’s AI coding tools, which still need a lot of human input.
Tesla (TSLA) Still Hasn’t Removed Safety Drivers from Tests as Robotaxi Launch Nears

1 day ago | tipranks.com | Vince Condarcuri

EV maker Tesla (TSLA) is aiming to launch its first robotaxi service in Austin within weeks, but it still hasn’t tested its vehicles without a human safety driver, according to The Information. Since last fall, Tesla has been running supervised tests using Model Y vehicles, but hasn’t reached the step of removing the safety driver. Launching without safety drivers is essential before Tesla can begin offering rides to the public as planned.