BUSINESS

NEW YORK — Bitcoin's trajectory in 2026 remains a hotly debated topic on trading floors and among retail investors, but the prevailing Wall Street view leans heavily toward buying the leading cryptocurrency at current levels near $80,000.

NEW YORK — Gold prices tumbled more than 2% on Tuesday, May 5, 2026, with spot gold hitting $4,527.26 per ounce, down $102.63 or 2.22% from the previous close, extending a broader correction from record highs set earlier this year amid shifting macroeconomic forces and profit-taking.

NEW YORK — Axsome Therapeutics Inc. shares jumped more than 13.8 percent to $231.93 in early trading Monday, May 4, 2026, extending gains after the company received U.S. Food and Drug Administration approval for expanded use of its drug AUVELITY to treat agitation associated with Alzheimer's disease and reported solid first-quarter financial results.

NEW YORK — Apple Inc. shares declined 1.65 percent to $275.51 in early trading Monday, May 4, 2026, as investors rotated out of high-valuation technology stocks amid broader market caution and questions over artificial intelligence spending returns.

NEW YORK — GameStop Corp. shares remain on a wild ride as the video game retailer's surprise $56 billion unsolicited bid to acquire eBay Inc. continues to fuel intense speculation about whether investors should buy or sell the meme-stock favorite in the midst of what could become one of the most transformative deals in retail history. With shares trading near $25.44 in early Monday trading after an initial surge and subsequent pullback, Wall Street is sharply divided on the long-term merits of holding GME amid the high-stakes takeover drama.

NEW YORK — Celcuity Inc. shares surged more than 13.8 percent to $143 in early trading Monday, May 4, 2026, after the clinical-stage oncology company announced that its Phase 3 VIKTORIA-1 trial met the primary endpoint with clinically meaningful improvement in progression-free survival for patients with PIK3CA-mutant advanced breast cancer.

NEW YORK — Global Business Travel Group Inc. (NYSE: GBTG) shares skyrocketed more than 57 percent to $9.31 in early trading Monday, May 4, 2026, after the company announced it had agreed to be acquired by Long Lake Management, a startup backed by prominent venture capital firm General Catalyst Partners, in a deal valued at approximately $6.3 billion.

NEW YORK — GameStop Corp. shares fell sharply in early trading Monday, dropping 4.07 percent to $25.44 as the initial excitement surrounding the company's surprise $56 billion bid to acquire eBay Inc. gave way to profit-taking and fresh questions about the ambitious deal's feasibility.

NEW YORK — The Dow Jones Industrial Average fell 184.38 points, or 0.37 percent, to close at 49,314.89 on Monday, May 4, 2026, as investors digested mixed corporate earnings and rotated out of high-flying technology shares amid concerns over elevated valuations and interest rate uncertainty.

NEW YORK — GameStop Corp. dropped a bombshell Sunday evening with an unsolicited $56 billion offer to acquire eBay Inc., igniting one of the most dramatic corporate takeover battles in recent retail history. The surprise move by activist CEO Ryan Cohen has sent both companies' stocks soaring and raised questions about strategy, financing and the future of e-commerce. Here are 10 key things everyone should know about the bold proposal that could reshape online retail.

NEW YORK — GameStop Corp. has made an unsolicited $56 billion offer to acquire eBay Inc. in a bold cash-and-stock deal that would combine the video game retailer with the iconic online marketplace and create what CEO Ryan Cohen calls a "legit competitor" to Amazon. The surprise proposal, revealed Sunday evening, values eBay at $125 per share — a roughly 20 percent premium to its recent closing price — and marks one of the most audacious takeover attempts in recent retail history.

NEW YORK — Investors weighing whether to buy or sell Palantir Technologies stock in 2026 face a classic growth-versus-valuation debate as the data analytics powerhouse, trading near $144, heads into its first-quarter earnings report Monday with strong commercial AI momentum but a premium multiple that has some analysts urging caution. Wall Street's consensus leans Moderate Buy, with an average 12-month price target around $192 implying roughly 33 percent upside, though skeptics highlight risks from competition and stretched valuations.

NEW YORK — Major retailers including Walmart, Dollar General and Costco are scaling back or rethinking self-checkout systems as surging theft rates, customer complaints and proposed legislation in multiple states force a broader industry shift back toward staffed registers.

NEW YORK — Investors evaluating Atlassian Corporation's prospects heading into the second half of 2026 face a compelling growth story underpinned by strong cloud migration, artificial intelligence integrations and expanding enterprise adoption of its collaboration tools, despite recent share-price volatility that has left the stock trading near $88.88 as of early May.

NEW YORK — Investors sizing up the streaming giants as 2026 unfolds face a classic growth-versus-value dilemma: Netflix Inc., the pure-play leader with explosive ad revenue and high margins, or Walt Disney Co., the diversified entertainment powerhouse turning Disney+ profitable while leaning on resilient theme parks and a rising dividend.

NEW YORK — As investors weigh semiconductor giants amid the ongoing artificial intelligence boom, NVIDIA Corp. stands out as Wall Street's clear favorite heading into the second half of 2026, with analysts projecting 30-40% upside while urging caution on Intel Corp. despite its recent share-price surge.

NEW YORK — Netflix Inc. enters the heart of 2026 as one of Wall Street's favored growth stories, with analysts overwhelmingly recommending investors buy shares of the streaming pioneer amid robust subscriber gains, advertising momentum and content investments that continue to widen its global lead.