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Mike Khouw Reassesses Zscaler (ZS) Trade Following Disappointing Guidance and Leadership Changes

05/28/2026, 09:33 AM investing review software Zscaler

Zscaler's recent earnings report revealed disappointing growth projections, leading to a significant drop in its stock price, which raises concerns about its future performance and investor sentiment.

Investors Focus on Membership Growth as Costco Prepares for Fiscal Q3 Earnings Report

05/28/2026, 09:33 AM business research retail Costco

Costco's recent membership growth has slowed, raising concerns among investors as they await the company's fiscal third-quarter results. This trend could impact Costco's premium valuation and overall business model, which relies heavily on membership fees.

Waymo Launches Ojai Robotaxis for Select Riders Amid Fleet Expansion Efforts

05/28/2026, 08:31 AM economy announcement auto Alphabet

Waymo is launching its new Ojai robotaxis for select customers in major U.S. cities, aiming to reduce manufacturing costs and enhance performance in adverse weather conditions. This expansion is crucial for Waymo as it seeks to maintain its competitive edge in the autonomous vehicle market against rivals like Tesla and Amazon's Zoox.

Analysts Needham expect upside for Unusual Machines (UNUS) as Pentagon considers funding deals for drone companies

05/28/2026, 08:31 AM investing forecast Analysts: analysts, Needham defense ai

Drone stocks experienced significant gains following reports that the Trump administration is negotiating potential funding deals with several drone companies, including one linked to Donald Trump Jr. This development could enhance domestic drone production and lower costs, impacting the defense sector positively.

Analysts Ritholtz Wealth Management highlight Edwards Lifesciences Corp. (EW) as a strong momentum stock with robust growth potential

05/28/2026, 08:31 AM investing forecast Analysts: analysts, Ritholtz healthcare Edwards Lifesciences

Edwards Lifesciences Corp. (EW) is gaining momentum in the medical device sector, driven by strong fundamentals and a recent breakout in stock price, making it a notable investment opportunity for growth-focused investors.

Wix (WIX) CEO Avishai Abrahami announces 20% workforce reduction due to AI evolution and currency exchange challenges

05/28/2026, 07:33 AM economy downsizing Wix.com

Wix is reducing its workforce by approximately 20% due to the rapid advancement of AI technologies and challenges posed by currency exchange rates, which are impacting its operational capabilities.

New York City Implements Pied-a-Terre Tax on Second Homes Valued Over $1 Million

05/28/2026, 07:33 AM business announcement

New York City's newly enacted pied-a-terre tax will significantly increase property taxes for owners of second homes valued at $1 million or more, aiming to generate $500 million in revenue to address the city's budget deficit. This tax could have substantial implications for the luxury real estate market and wealthy residents.

Snowflake (SNOW) Shares Surge 35% Following Strong Earnings and AI Expansion Plans

05/28/2026, 07:33 AM economy stock_growth software ai Snowflake

Snowflake's announcement of a $6 billion investment in Amazon's compute services and strong earnings results have led to a significant surge in its stock price, boosting investor confidence in the software sector amid ongoing concerns about AI's impact on traditional software models.

Analysts BTIG initiate coverage of Absci Corporation (ABSI) with a buy rating and $9 price target, citing potential for ABS-201 in hair loss treatment

05/28/2026, 07:33 AM investing rating_growth Analysts: analysts, BTIG biotech

Absci Corporation's innovative hair loss treatment, ABS-201, has garnered a buy rating from BTIG, with a projected peak sales potential of $2.2 billion, indicating significant market opportunity in a largely underserved sector.

American Gaming Association Estimates States Have Lost Over $1 Billion in Tax Revenue Due to Unregulated Prediction Markets

05/28/2026, 07:33 AM investing research finance

The American Gaming Association reports that states have lost over $1 billion in tax revenue due to unregulated prediction markets, which they argue should be treated like sports betting. This situation raises concerns about the financial impact on community projects funded by gambling taxes.