Treasury Cancels All Booz Allen Contracts After Tax Data Leak
Treasury Department ends $21M in contracts with consulting firm Booz Allen Hamilton following employee's guilty plea for leaking Trump's tax information to media outlets.
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Wells Fargo Maintains Cautious Stance on Trade Desk After CFO Change
Wells Fargo keeps Equal Weight rating on Trade Desk (TTD) as company announces CFO transition after just 6 months, raising concerns about management stability and Amazon competition.
Lands' End Secures $300M in Strategic Partnership with WHP Global
Lands' End forms joint venture with WHP Global, receiving $300M to pay off debt while retaining 50% ownership and operational control of its business.
Enphase Energy Cuts 160 Jobs as Solar Tax Credit Expires
Enphase Energy announces 6% workforce reduction and restructuring plan following expiration of federal solar tax credit. Stock drops 3.7% premarket.
Nvidia Invests $2B in CoreWeave to Build Massive AI Data Centers by 2030
Nvidia purchases $2 billion CoreWeave stake at $87.20/share to build 5 gigawatts of AI factories by 2030, nearly doubling investment in AI infrastructure partner.
JPMorgan Raises Apple Price Target to $315 Ahead of Earnings
JPMorgan lifts Apple price target to $315, citing strong iPhone 17 demand despite higher memory costs, and maintains an Overweight rating.