The OPEC+ producers’ alliance is set to next meet to determine its output policy in early June.
Stocks making the biggest moves premarket: Home Depot, Capital One, Dish Network & more
These are the stocks posting the largest moves in premarket trading.
Google Cloud launches A.I.-powered tools to accelerate drug discovery, precision medicine
The solutions mark Google’s latest advancements in the AI arms race and hope to address a long-standing issue facing biotech and pharmaceutical companies.
Weather intelligence company aims to revolutionize forecasting with a constellation of radar satellites
By adding satellites, hyper-local weather forecasting company Tomorrow.io will be able to provide more detailed granular weather data.
EU states approve world’s first comprehensive crypto rules
European Union states gave the final nod to the world’s first comprehensive set of rules to regulate crypto assets on Tuesday.
Western Union rival Zepz lays off 26% of employees as fintech cuts continue
Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.
Home Depot just forecast weak consumer demand — here’s what that could mean for the rest of the economy
The broader-market implications of Tuesday morning’s post-earnings stock move for Home Depot are going to be significant.
BMO Capital Markets says this biotech company is ‘best-in-class,’ sees shares surging more than 25%
The firm upgraded shares to outperform from market perform and raised its price target to $100 from $90. The new price target implies shares rallying 27.5%.
Target wants shoppers to think of it for groceries as retailer braces for leaner spending
Target wants to stand out on grocery quality and price, after gaining grocery shoppers during the pandemic.
Bank of America says buy Western Alliance because it’s not like the 3 failed banks, shares to rally more than 30%
Bank of America resumed coverage on Western Alliance with a buy rating and a price target of $42, which implies 36.5% upside from Monday’s close.