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Morgan Stanley slashes targets on 3 software stocks after earnings

Morgan Stanley updated its outlook on three software stocks following earnings, highlighting how differently AI adoption is impacting companies across the sector. Morgan Stanley believes investors are increasingly focused on companies that can use AI to drive durable revenue growth; for example Elastic N.V. (ESTC), UiPath (PATH), and PagerDuty (PD) all reported results that largely

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GE Vernova CEO sends rattling message on data centers

GE Vernova’s CEO stepped onto one of Wall Street’s most-watched stages earlier this week and delivered a message that investors weren’t ready to hear. At the 42nd Bernstein Strategic Decisions Conference on May 27, the energy technology company’s CEO Scott Strazik didn’t offer the usual round of reassurances about data-center demand. Instead, he acknowledged something

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Dave Ramsey, IRS sound alarm on major 401(k) problem

Americans saving for retirement are often searching for effective ways to maximize their income during their retirement years. Over time, individuals may encounter setbacks that affect their financial progress, such as job loss that disrupts contributions, consumer debt that reduces available savings, and medical expenses that require unplanned withdrawals from existing funds. When these situations

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Kohl’s scrambles to restore customer loyalty after major loss

Kohl’s continues to struggle to capture consumer spending as department store chains nationwide see weaker demand. Amid this trend, Kohl’s is introducing major in-store changes to regain customers after its sales and earnings have failed to meaningfully improve in recent months.  In the first quarter of 2026, Kohl’s saw its comparable sales decrease by roughly

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