Starbucks Corp. (NASDAQ:SBUX) is considering selling a minority stake in its China business to an outside investor as part of efforts to reinvigorate growth in the region, according to the company's CEO. What Happened: Starbucks’ CEO, Brian Niccol, revealed in an interview…
Michael Shaulov, CEO of digital asset infrastructure provider Fireblocks, asserted that cryptocurrency has crossed the “point of no return,” with increasing acceptance and impending regulation advancing its legitimacy. What Happened: In an exclusive chat with Benzinga at the recently held Consensus…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Barrington Research raised HealthEquity, Inc. (NASDAQ:HQY) price target from $112…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. UBS raised Dollar General Corporation (NYSE:DG) price target from $120…
Lyra Therapeutics, Inc. (NASDAQ:LYRA) released results on Monday from the ENLIGHTEN 2 Phase 3 trial of LYR-210 in adult patients with Chronic Rhinosinusitis (CRS). The ENLIGHTEN 2 trial met its primary endpoint, with LYR-210 demonstrating statistically significant improvement compared to sham…
Bill Ackman, a prominent hedge fund manager, once shared a remarkable story of a New York City taxi driver who turned a $50,000 investment into nearly a $3 million retirement fund. What Happened: Ackman, the CEO of Pershing Square Capital Management, recounted the…
Eli Lilly And Co (NYSE:LLY) on Tuesday agreed to acquire SiteOne Therapeutics, Inc., a private biotechnology company developing small-molecule inhibitors of sodium channels to treat pain and other neuronal hyperexcitability disorders. The transaction includes STC-004, a Phase 2 ready Nav1.8…
Dan Morehead, founder and CEO of Pantera Capital on Friday said the crypto industry is poised to see a surge of public offerings, with companies like Circle (CRYPTO: USDC) and Figure among those preparing to go public in the coming…
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon, who correctly flagged trouble before the 2008 Lehman Brothers collapse, is now cautioning that Wall Street’s expectations for S&P 500, tracked by SPDR S&P 500 (NYSE:SPY) earnings growth could plummet from 12%…
Dairy Queen CEO Troy Bader says the job interview with Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett that landed him the top seat at the Blizzard maker felt less like a cross-examination and more like a seminar on curiosity.…