According to an analyst at Evercore ISI, Expedia Group stock has more room to grow compared to Airbnb shares, which have seen solid gains this year. Expedia Upgraded to Outperform Mark Mahaney, in a research note, upgraded shares of Expedia (ticker: EXPE) to Outperform from In Line. He also increased his price target on the stock to $200 from $135. Mahaney stated that the … [Read more...] about Expedia Group Stock Has Room for Growth, Airbnb Shares Have Limited Upside
Forex News
U.S. Flu Season Update
The United States is currently experiencing its flu season, with several states reporting a surge in illnesses and a rise in cases across the country, according to health officials. Flu Activity Levels The Centers for Disease Control and Prevention (CDC) released new data on Friday, highlighting the considerable flu activity in various areas. Louisiana recorded extremely high … [Read more...] about U.S. Flu Season Update
McDonald’s Expands Ownership Stake in Chinese Operations
McDonald's, the global fast-food giant, announced on Monday its plans to further expand its ownership stake in its Chinese operations. In an effort to continue growing in the world's second-largest economy, McDonald's will acquire the minority shareholder Carlyle Group, increasing its stake in its Chinese business from 20% to 48%. Carlyle Group initially acquired its stake in … [Read more...] about McDonald’s Expands Ownership Stake in Chinese Operations
Wedbush Securities Settles Hacking Allegations
Wedbush Securities, a reputable financial firm, has reached a settlement agreement to pay $350,000 over allegations surrounding a significant hacking incident. As per regulators, this security breach resulted in the theft of millions of dollars worth of client assets. Over a span of nine days, Wedbush carried out transfers exceeding $6.6 million under the directions of the … [Read more...] about Wedbush Securities Settles Hacking Allegations
Elon Musk Files Lawsuit Against Media Matters
Tesla CEO Elon Musk has made good on his promise to take legal action against progressive media-monitoring nonprofit Media Matters. Musk believes that the organization's actions have negatively impacted his social-media platform, X. The 15-page complaint outlines X's belief that Media Matters manipulated their research to manipulate public perception and influence advertiser … [Read more...] about Elon Musk Files Lawsuit Against Media Matters
