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Deutsche Bank raises S&P 500 price target to 5,500

Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.

Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be

Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.

Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState

Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.

Fed’s Bostic expects inflation to keep coming down — but slowly

“We do a lot of talking to business leaders and what they’re all telling us is that things are slowing down.”

Keywords Studios’ stock surges as videogame company mulls improved £2 billion bid from EQT

The Swedish private -quity giant is considering acquiring Keywords Studios for 2,550 pence per share, in what would mark a 73% premium on its closing price Friday.

GameStop and AMC see meme-stock frenzy ease after Roaring Kitty-fueled rally

The meme-stock rally that lifted shares of GameStop and AMC was fueled by the return of Keith Gill, also known as Roaring Kitty, to social media.

UL Solutions tops revenue estimates in first quarter as a public company

Profit was flat in the first quarter, but the company is expecting to benefit from the “electrification of everything” trend.

Corporate insiders at these companies are telling us that consumers are cruising

Executive and director buying supports these 9 travel, gaming and recreational boat stocks.

Greenlight Capital’s clash with a former employee has captivated the hedge-fund world

James Fishback, 29, says he was employed as Head of Macro at Greenlight Capital. The New York hedge fund says that position never existed.

Oil prices give back gains seen after death of Iran’s president

Oil futures lost ground early Monday, giving back modest gains seen after the death of Iran’s president and the emergence of concerns about the health of Saudi Arabia’s king.

Bond yields steady after last week’s declines

Bond yields were steady Monday after declines last week as economic data generally surprised to the downside.

One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.

Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next year
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