Investors are failing to take note of positive trends, such as strong credit performance, from the credit card provider, analysts say.
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Synchrony Financial is a buy as macro fears are priced in, Piper Sandler says
Finance
Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less
Key Points Alibaba-backed startup Moonshot released late Friday night its Kimi K2 model as a low-cost, open source large language model, with a focus on coding capabilities. Moonshot claimed Kimi K2 surpassed Claude Opus 4 on two benchmarks, and had better overall performance than OpenAI’s coding-focused GPT-4.1 model, according to several industry metrics. Coincidentally, OpenAI […]
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Finance
Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]
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