Author

admin

Browsing

“Life is short. Have an affair.”

That’s the provocative tagline of Ashley Madison, the world’s first and oldest married dating platform.

Launched in 2001, the site has drawn more than 80 million sign-ups globally, surviving both changing cultural norms and a major data breach in 2015 that exposed the personal information of about 2,500 users, while the information of many more was at risk of being released by hackers who wanted the platform shut down.

However, nearly a decade later, Ashley Madison continues to thrive — a testament to how ideas around marriage, monogamy, and privacy have evolved.

With 1% of the world’s population having registered on the platform, its resurgence mirrors shifting attitudes toward modern relationships.

“Over the past decade, we have worked hard every day to regain and rebuild trust, and we continue to lead the business with a member-centric mindset in place,” says Paul Keable, Chief Strategy Officer at Ashley Madison, in an interview with Invezz.

“We now have a separate chief information security officer and a separate privacy officer in place but it’s also the responsibility of every single person across the organization to consider the privacy and the security of everything we do, every time we develop a new product, a new
feature, a new service,” he adds.

More importantly, Keable discusses how more couples are exploring non-monogamy together — often with women taking the lead — and how growth remains strong not only in key markets like the US, Brazil, Canada, and the UK, but also in emerging ones such as India, now among the top five, and Italy, where sign-ups have surged.

Excerpts:

Paul Keable

How has Ashley Madison evolved post the 2015 data leak?

Invezz: How have things changed for Ashley Madison post the data leak of 2015? Has it dented its reputation in any way? What new measures have you introduced to ensure there is no breach going forward?

Ashley Madison has evolved tremendously since the events of 2015 and with our continued growth, our members continue to show us they value what we offer — a dating platform to discreetly connect.

Over the past decade we have worked hard every day to regain and rebuild trust and we continue to lead the business with a member-centric mindset in place.

We have put the necessary protocols in place to ensure security is at the forefront of everything we do.

We now have a separate chief information security officer and a separate privacy officer in place but it’s also the responsibility of every single person across the organization to consider the privacy and the security of everything we do, every time we develop a new product, a new
feature, a new service.

Knowing we’ve put all the right protocols in place and are succeeding, we still don’t take anything for granted.

We understand that we must keep delivering every single day. It involves a lot of technology, many watchful eyes, and strong processes.

But most importantly, it’s about unwavering prioritization. Ensuring security and privacy is our number one priority every day.

Seeing growth in demand for broader non-monogamy options outside traditional affairs

Invezz: You are present in 45 countries at present and have more than 90 million members. What is the business roadmap and milestones you are eyeing going forward?

We plan to continue expanding our global marketing efforts.

India is one of the more recent markets that we’ve actively conducted PR initiatives in over the last year and we’ve seen a positive reception and tremendous growth.

We also continue to enhance and evolve our platform based on the changing needs of our members who are seeking broader non-monogamy dating options outside of traditional affairs.

This is an area of product growth we are currently exploring.

India now in top 5 countries with most sign-ups; Italy also growing fast

Invezz: Based on your observation and registration data, could you give us a snapshot of which countries have the highest users using your app, which countries are seeing the highest growth.

The US is still our biggest market globally, however India is quickly moving up, currently ranking 5th in terms of countries with the most sign ups in 2025.

In fact, India has seen a 20% increase in new signups this year.

Other markets in the top 5 include Brazil, Canada, and the UK.

Invezz: What are the most surprising insights you’ve gained from analyzing user engagement or feedback over time. Which are the most successful geographies and which markets have been challenging and why?

India continues to be a successful market for growth over the past year going from the 8th spot, to the 6th spot, and now today breaking into the top 5 for signups to the platform.

First time purchases are also up 155% in India the highest it’s been since 2013.

Additionally we’ve seen tremendous growth in markets like Italy where new signups are up 50% this year.

On women’s increasing engagement on the platform

In terms of surprising member insights, many are surprised to learn that women engage on the platform just as much as men and in certain markets, even more so.

More and more couples are also exploring non-monogamy together, and a lot of times it’s the women leading the way.

Invezz: In an interview with Gleeden last year, we were told that the app wants to position itself as not just a go-to for extra-marital affairs but a platform where non-monogamous couples in general can find more partners. Do you also seek to reposition yourself as a brand?

Our platform is and remains to be a place where like-minded people looking to explore non-monogamy could discreetly connect.

That aspect of our business has not changed, and it remains our primary focus.

As for our evolution, serving our global community continues to be our top priority and our member feedback will continue to inform our product roadmap going forward.

I will say that the data reflects a growing interest in the exploration of different types of non-monogamy so this is a top consideration as we enhance the platform or build in new features to improve the user experience and create better opportunities for connection.

However, discretion will continue to remain at the core of everything we do.

Why is the workplace the platform’s biggest competitor?

Invezz: How do you approach marketing given the sensitivities around your brand identity? Also, how do you address the ethical controversy surrounding its core proposition while maintaining user growth and loyalty?

Our brand will always come with a unique set of challenges but with more than 85 million members who have joined globally we know there is a demand for what we offer and we continue to operate with the needs of that community in mind.

The modern dating landscape is evolving and many individuals are no longer pursuing conventional relationships.

We are a destination for those like minded individuals looking to discreetly connect.

Invezz: Who do you see as your main competitors today—traditional dating apps, other discreet platforms, or something else entirely?

Our main competition has always been the workplace. We spend 40+ hours a week, often in very stressful situations, at work – add to that work travel and post-work drinks, and you have the perfect setting for an affair to occur.

But, an office affair is far more risky as you have prying eyes all about discussing who’s spending time with whom – so we continue to believe
office affairs are NSFW.

The post Interview: More couples embracing non-monogamy together, often led by women, says Ashley Madison’s Paul Keable appeared first on Invezz

The Vanguard S&P 500 (VOO) ETF remained on edge last week as investors focused on the ongoing crisis in the Middle East and the Federal Reserve interest rate decision. The fund dropped slightly to $547, down from this month’s high of $556. 

Top VOO ETF stocks to watch

There are several top companies in the S&P 500 Index to watch next week. The mostb notable ones are Apple (AAPL), Micron (MU), FedEx (FDX), and Carnival (CCL).

Apple (AAPL)

Apple stock price has crashed into a bear market as it dropped by over 22% from its highest point this year. This crash happened because of its slow sales growth, the lack of the next big thing, and the fact that it lags behind other big technology companies in the artificial intelligence (AI).

Apple stock price will be in the spotlight because of the ongoing rumors that it has held talks to acquire Perplexity AI, a company that aims to beat Google in search. 

This would be the biggest acquisition that the company has ever executed since Perplexity was last valued at over $18 billion. With AI valuations rising, Perplexity would likely seek a huge premium, potentially double the last valuation. 

Apple would acquire Perplexity for two main reasons. First, there is a fear that it will be forced to end its relationship with Google. It pays Google over $20 billion a year for to have its search engine as the default. 

Second, Apple would acquire Perplexity because its Apple Intelligence solution has not been successful. It has also been sued for overpromising and underdelivering. 

Nike (NKE)

Nike has been one of the top laggards in the VOO ETF in the past few years. Its stock has plunged by over 65% from its highest point since 2021, erasing billions of dollars in value.

Nike’s stock has crashed because its business has remained under pressure since the company decided to largely de-prioritize companies like Footlocker. Its space was replaced by other companies like Adidas, Under Armor, and On Holding. 

The company is now working to repair its relationship with these companies under Elliot Hill, who became the CEO last October. He has also refocused on sports and athletics and is working on reinvigorating the brand.

Nike stock price will be in the spotlight next week as it publishes its financial results. Wall Street analysts anticipate the numbers to show that its revenue dropped by 15% in Q1, to $10.7 billion. Its guidance for the next quarter will be $10.68 billion, a 7.8% drop from a year earlier. 

FedEx (FDX)

FedEx is another top VOO ETF stock to watch next week as it publishes its financial results. These numbers will come as the stock has plunged by over 25% from its highest point in July last year. 

FedEx and other logistics companies have been in the spotlight because of Donald Trump’s tariffs, which have affected international trade. 

Therefore, traders will watch its upcoming financial results, which will shed more light on its business. Analysts expect the results to show that its revenue dropped by 1.3% in the first quarter to $21.8 billion. Its earnings per share will be $5.85, higher than the $5.41 it made a year earlier. 

Other S&P 500 Index stocks to watch

There will be other top S&P 500 Index stocks to watch next week. Oil and gas and defense contractors will be in the spotlight as traders watch the ongoing crisis in the Middle East. Oil and gas stocks have benefited from the rising crude oil prices, while defense stocks have risen as investors anticipate more demand.

The other top VOO ETF stocks to watch will be FactSet Data Systems, Carnival, AeroVironment, Micron, KB Home, McCormick, Paychex, and General Mills.

The post Top 4 VOO ETF stocks to watch next week appeared first on Invezz

Pinterest stock price has remained in a tight range in the past few days as investors assess its growth trajectory. PINS ended the week at $34.22, a few points below this month’s high of $35.4 It is about 45% above its lowest level in April this year. 

Pinterest growth continuing

Pinterest, a leading social media company, has been in a strong growth trajectory in the past few years. Its annual revenue has jumped from over $1.69 billion in 2020 to over $3.64 billion last year. 

Pinterest’s monthly users have been rising, moving from 160 million in 2016 to over 570 million, making it one of the top players in the social media space. 

Its business continued growing in the last quarter, albeit at a slower pace. Its revenue grew by 16% to over $855 million, with most of it coming from the United States and Canada. 

The US and Canada bring most of its revenue even though they account for a small share of its monthly users. They have 102 monthly users, accounting for about 17% of the 570 monthly users. 

Europe has become the fastest-growing market in terms of revenue. Its revenue grew by 24% in the first quarter to $147 million.

Most importantly, Pinterest’s EBITDA is growing. Its EBITDA jumped by 36% to $172 million, helped by its revenue growth and cost-cutting measures. 

Double-digit growth to continue

The management and Wall Street analysts are optimistic that it will have double-digit growth for a while. In the recent results, the management estimated that the second-quarter revenue growth will be between $960 million and $980 million, while its adjusted EBITDA will be between $217 million and $237 million. 

The average revenue estimate among Wall Street analysts is that its second-quarter revenue will be $973 million, a 14% annual increase. It will then cross the $1 billion metric next quarter.

Pinterest’s annual revenue will be $4.16 billion, followed by $4.74 billion in 2026, representing annual growth rates of over 14%. This revenue growth is much better than Meta Platforms.

Another potential catalyst for Pinterest stock is that it is relatively undervalued compared to other social media companies. It has a forward price-to-earnings ratio of 18, higher than the S&P 500’s 22.

Analysts see some more upside for the Pinterest stock. The average target among analysts is $40, up from $34.22. Some of the most bullish analysts are from JPMorgan and Wolf Research who have an overweight and outperform rating. 

Read more: Top stocks forecasts ahead of earnings: Toast, Pinterest, Affirm, DraftKings

Pinterest stock price analysis

PINS stock chart | Source: TradingView

The daily chart shows that the PINS share price has rebounded in the past few months, moving from a low of $23.72 in April to a high of $35.4 this month. 

Notably, the stock is about to form a golden cross pattern, which happens when the 50-day and 200-day moving averages are about to cross each other. This cross is one of the most bullish patterns in technical analysis, and is happening as it remains at the 50% Fibonacci Retracement level. 

Therefore, the Pinterest stock price will likely have a bullish breakout, with the next point to watch being the psychological point at $40. 

The post Is Pinterest stock a good buy as the golden cross pattern nears? appeared first on Invezz

The Dow Jones Index has moved sideways in the past few weeks as investors reacted to the ongoing crisis in the Middle East. The blue-chip index, which tracks some of the biggest American companies, ended last week at $42,205, a few points below this month’s high of $43,120. Here are some of the top catalysts for the index this week.

US, Israel, and Iran’s war

The main catalyst for the Dow Jones this week will be the ongoing crisis between Iran, Israel, and the United States. The United States launched a bomb attack against key Iranian nuclear sites on Saturday night. 

It attacked sites in Fordow, Natanz, and Esfahan as it sought to destroy Iran’s nuclear program. In a Truth Social post, Trump threatened more actions against Iran if it retaliated against the United States. 

It is unclear what happens after this between the three countries. What is clear is that the markets could have some volatility on Monday and that West Texas Intermediate and Brent crude oil prices could surge. 

Higher oil prices means that the US inflation will remain at an elevated level in the coming months. Higher inflation levels will make it difficult for the Federal Reserve to cut interest rates as Donald Trump has demanded.

Top corporate earnings

The other major catalyst for the Dow Jones this week will be key earnings from some important companies. 

The first major company to watch will be FedEx, one of the top players in the delivery industry. FedEx and other similar firms like UPS are often seen as barometers for the American and global economy because of the volumes of parcels they deliver. FedEx’s earnings will come three days after its founder’s death.

Nike, a major player in the Dow Jones Index will also publish its finances on Thursday. These numbers will provide more color about its business and whether the turnaround efforts are working. 

The other top companies that may impact the Dow Jones Index are Carnival, Micron, FactSet, and Paychex.

US PCE and other macro data

The Dow Jones Index will also react to the upcoming personal consumption expenditure (PCE) data on Friday. PCE is an important inflation data that looks at the change in prices of urban and rural areas. 

Economists expect the data to show that the headline PCE inflation rose from 2.1% in April to 2.2% in May. Core PCE is expected to move from 2.5% to 2.6%. 

These numbers often have an impact on the Federal Reserve. Signs that inflation rose in May would justify the Federal Reserve’s caution on interest rates. In last week’s interest rate decision, the bank left rates unchanged and hinted that it will deliver just two cuts this year. 

The other top macro data that may impact the Dow Jones Index are the US first-quarter GDP, initial jobless claims, consumer confidence, and the flash manufacturing and services PMI data.

The post Top catalysts for Dow Jones Index this week appeared first on Invezz

Bank of America Global Research boosted its year-end projection for the STOXX 600 index to 530 from 500 on Friday, citing sustained resilience in global GDP following a recent truce in US-China trade talks.

The pan-European benchmark, which closed Thursday at 535.86, is still around all-time highs, indicating market optimism amid persistent geopolitical uncertainties.

According to the Wall Street Company, positive factors such as the trade truce and lower-than-expected US inflation data in May have boosted the global mood.

These factors have helped to stabilize financial markets that have been shaken by months of high uncertainty.

Nonetheless, BofA retains a cautious attitude on European equities generally, retaining a “negative” outlook on the region’s stock market.

“The main reason for the resilience is that these events (Israel-Iran conflict, trade war) have not yet translated into a clear-cut weakening of global growth,” the brokerage stated in its research note.

Despite the higher aim, the new projection suggests a tiny 1.1% decline from the index’s previous closing.

The revision reflects the brokerage’s understanding of short-term resilience, but it remains cautious owing to ongoing macroeconomic uncertainties.

Resilience amid geopolitical strain

In the face of escalating geopolitical friction, from the trade war to the Israel/Iran tensions, European equities have generally shrugged off the impact.

According to BofA, these concerns threaten global stability, but they suggested that so far, they have not yet meaningfully diminished growth momentum.

But the brokerage cautioned that the risks are not close to over.

Despite the benefit of lessening trade tensions and improving inflation numbers, obstacles like as continuing tariff pressures and the possible consequences of Middle East turmoil remain.

BofA warned that these changes could have an impact on global economic growth in the second half of the year.

Sector calls: mining up, airlines down

BofA upgraded European mining stocks to “overweight” from “market weight” in a change of sector strategy.

The brokerage cited compelling valuations after the group had underperformed for a long.

Also, a supportive factor was a weaker US dollar, which is generally positive for commodity prices and exporters.

On the other hand, airlines were lowered to “underweight” from “market weight.”

According to BofA, it sees the sector as being at risk of higher oil prices, particularly if the situation in the Middle East spirals even further out of control.

In an already turbulent operating environment for carriers, higher energy costs could tighten margins and reduce demand.

STOXX 600 outlook is mixed

The STOXX 600’s impressive performance this year has occurred against a backdrop of mixed economic indicators. While certain sectors of the global economy are resilient, others remain vulnerable.

BofA’s revised projection seeks to reconcile these dynamics by recognizing short-term strength while being cautious about structural and geopolitical risks.

In summary, the brokerage’s higher year-end prediction for the STOXX 600 indicates increased near-term optimism but does not represent a significant shift in mood.

Investors are being cautioned against complacency as the index approaches record highs.

Risks associated with trade policies and geopolitical turmoil remain significant concerns that may impact market direction in the months ahead.

The post BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks appeared first on Invezz

Palantir co-founder and renowned defense investor Joe Lonsdale weighed in on escalating tensions between Israel and Iran in a CNBC interview on Friday.

According to Lonsdale, Tehran’s pursuit of nuclear weapons demands decisive US action, regardless of political hesitation or past intervention fatigue.

Lonsdale refrained from speculating on intentions, referring to President Trump’s recent remarks that the United States could launch a military action in Iran within the next two weeks.

However, he emphasized the severity of the threat, saying, “If people chant death to America for years, kill American soldiers, and then try to build a nuke, you should make it clear they can’t have a nuke.”

Palantir’s co-founder dismissed the idea that the entire population of Iran (92 million people) supports the regime’s ambitions, pointing instead to the country’s rich history and its people’s natural alignment with Western values.

“The Personal people, the Kurds – these are modern, intelligent communities who have suffered under a theocratic regime,” Lonsdale told CNBC this morning, adding, “Iran could be a prosperous republic if not run by crazy people”.

Palantir co-founder urges military action against Iran

Joe Lonsdale expressed confidence in America’s so-called bunker-buster bombs in the CNBC interview on Friday.

“I’m told they work – there’s no reason they shouldn’t be able to do it – and you can always hit things multiple times just to be sure,” he noted.

Lonsdale backed the idea of a preemptive strike to eliminate nuclear infrastructure but clarified that he respects the administration’s stated goal of stopping nuclear proliferation without necessarily pursuing regime change.

That said, Palantir’s co-founder acknowledged that toppling Iran’s regime could unlock long-term stability in the region.

You take out the mullahs, you remove an entire axis of terror – Hamas, Hezbollah, Houthis – all funded and fuelled by this regime. The Abraham Accords could flourish, and peace becomes more viable, he said.

Lonsdale criticizes ‘woke right’ for view on Iran

Joe Lonsdale was unsparing in his criticism of past Democratic administrations as well as factions within the current Republican government.

He rebuked President Obama for avoiding the term “Islamic extremism”, accusing him of playing balance-of-power politics that allowed radicals to thrive.

At the same time, he slammed elements of what he called the “new woke right” – including figures like Steve Bannon and Tucker Carlson – for opposing action against Iran due to war fatigue.

Being against more boots on the ground doesn’t mean you allow maniacs to get nukes – it’s childish stubbornness, being so angry about Iraq that they can’t see this is different.

Palantir’s co-founder also pointed to misinformation campaigns, alleging many anti-interventionist voices online are fake accounts from Islamist networks masquerading as conservatives.

The rising geopolitical tensions, particularly in the Middle East, are helping PLTR shares remain at record levels of about $140.

The post Palantir co-founder: US must prevent Iranian nukes appeared first on Invezz

Tesla has signed its first agreement to build a utility-scale battery storage facility in China, marking a major step in the company’s global energy ambitions despite ongoing trade tensions between Washington and Beijing.

The announcement, shared by Tesla on the Chinese social media platform Weibo, revealed that the new project would become China’s largest grid-side energy storage installation upon completion.

$556 million project backed by local government and Chinese financier

The project, valued at 4 billion yuan (approximately $556 million), involves a partnership between Tesla, the Shanghai municipal government, and China Kangfu International Leasing, according to a report from Chinese media outlet Yicai, cited by Reuters

Tesla stated that its Shanghai battery plant has already produced over 100 Megapacks during the first quarter of 2025.

Each Megapack — a large-scale lithium-ion battery designed for utility use — is capable of storing up to 1 megawatt of power for four hours.In the U.S., a single Megapack is priced just under $1 million, though pricing for the Chinese market has not been disclosed.

Addressing power grid stability and urban energy demand

Tesla emphasized that the new facility will act as a “smart regulator” for urban electricity needs.

Utility-scale battery systems like Megapacks are used to stabilize the grid by storing excess energy from intermittent renewable sources such as wind and solar, then releasing it when demand peaks.

“The grid-side energy storage power station is a ‘smart regulator’ for urban electricity,” Tesla said in its Weibo post.

“It can flexibly adjust grid resources, effectively solve the pressure of urban power supply, and ensure the safe, stable, and efficient electricity demand of the city.”

Competing in a crowded market

Tesla’s expansion into China’s grid storage sector places it in direct competition with major domestic players such as CATL and BYD, both of which have a significant presence in the global battery industry.

CATL, which controls roughly 40% of the global battery market, is also reportedly supplying battery cells and packs for Tesla’s Megapacks, according to Reuters.

While competition is fierce, the Chinese market remains an important growth opportunity for Tesla, especially given Beijing’s push for cleaner energy solutions.

In 2024, China announced plans to add nearly 5 gigawatts of battery-powered capacity by the end of 2025, aiming for a total of 40 gigawatts.

Energy storage: a growing global trend

Tesla’s Shanghai facility also serves global demand, with Megapack units exported to both Europe and Asia.

The deal aligns with a broader surge in utility-scale battery deployment worldwide.

According to the International Energy Agency (IEA), global battery storage capacity grew by 42 gigawatts in 2023, nearly doubling the increase recorded in the previous year.

Despite past political headwinds, Tesla’s latest project underscores the company’s commitment to deepening its foothold in China’s fast-expanding clean energy sector, a move that may also carry diplomatic significance amid complex U.S.-China relations.

The post Tesla to build China’s largest grid-scale battery storage facility appeared first on Invezz

Investors have bailed on First Solar Inc (NASDAQ: FSLR) in recent sessions after the US Senate backed removal of subsidies for solar companies that President Trump proposed last month in his “One Big Beautiful Bill Act”.

Still, RBC analysts led by Christopher Dendrinos remain convinced that FSLR may actually prove a bright spot in an industry that’s otherwise “toast” after the upper chamber’s recent nod on cutting incentives.

Following a massive decline over the past month, First Solar stock is down more than 25% versus its year-to-date high.

Why is First Solar stock insulated from Trump’s spending bill?

Dendrinos is confident that FSLR shares will prove resilient and more insulated than other renewable energy stocks from the potential impact of the Senate’s recent decision on the solar industry, primarily because it’s a utility-scale operator.

“We believe utility solar will be more resilient [since] these projects are not limited by the leasing restrictions,” he told clients in a research note on Friday.

First Solar drives most of its business from large-cap companies like Amazon and Meta Platforms, instead of households.

In 2025, these names rely rather aggressively on solar farms to power their artificial intelligence data centres. So, the demand outlook for FSLR remains strong as ever since subsidies and discounts don’t matter much for its multi-billion-dollar customers.

“If you [build] a data center, energy power is like 7% of the cost. If 7% of the cost [becomes] 9% of the cost, do you think they will stop this project? I do not think so,” argued Per Lekander, the founder of Clean Energy Transition, in a recent interview with CNBC.  

That’s actually part of the reason why First Solar shares, despite the recent crash, are still up more than 20% versus their year-to-date low in early April.

Is it worth buying FSLR shares at current levels?

Lekander sees the recent pullback in FSLR stock as a raging “buying opportunity” as there aren’t any practical alternatives for the Tempe headquartered manufacturer of solar panels.

“If you were to go and try to do a gas turbine, you’d probably get it delivered in 2033. If you want to build a nuclear plant, it’s 2040. A solar plant, you can do it one year,” he told CNBC this week.

Lekander sees the company’s utility-scale operations as such a massive advantage that he’s convinced First Solar stock could as much as double from current levels.  

What’s also worth mentioning here is that solar power, even without tax credits, arguably retains its value proposition compared to fossil fuels.

That’s partly why the rest of Wall Street hasn’t thrown in the towel on First Solar stock either. The consensus rating on FSLR shares remains at “overweight” with the mean target of $202, indicating potential upside of nearly 40% from current levels.

The post Why First Solar stock remains a raging buy despite Trump’s spending bill appeared first on Invezz

Autonomous vehicles have already started taking share within ride-sharing and trucking industries this year, and Goldman Sachs believes the penetration will only accelerate moving forward.

According to its analyst Mark Delaney, it has already been well established that self-driving tech works, and “the key focus for investors is now on the pace at which AVs will grow and how big the market will become.”

Melaney’s current estimate sees autonomous vehicles making up 8% of the US ride-share market by the end of this decade as commercial operations continue to expand to dozens of new cities.

For those interested in gaining exposure to the expected rapid growth in autonomous vehicles in the years ahead, Goldman Sachs recommends owning the following three stocks.

Lyft Inc (NYSE: LYFT)

Goldman Sachs believes AV-related risks to ride-sharing companies like Lyft are overblown and fully baked into the stock prices already.

In fact, the investment firm is convinced that LYFT will “continue to enter into partnerships” to eventually play a central role in generating demand for autonomous vehicles. 

Mark Delaney currently rates Lyft stock at “buy”. His $20 price target on the ride-hailing company indicates potential upside of nearly 40% from current levels.

Note that Lyft Inc. recently increased its total share repurchase authorisation to $750 million, which makes up for an additional reason to own it in the back half of 2025.

Alphabet Inc. (NASDAQ: GOOGL)

Google-parent Alphabet is an exciting means to play self-driving, particularly because it has already produced palpable results for investors in the AV market.  

Waymo currently leads the US autonomous vehicles market, averaging as many as a quarter-million rides per week according to its most recent update.

Goldman Sachs currently has a “buy” rating on GOOGL stock with a price target of $220, signaling potential upside of well over 25% from current levels.

A dividend yield of 0.48% tied to Alphabet shares at writing makes them even more exciting to own in 2025.

TE Connectivity Plc (NYSE: TEL)

Goldman Sachs sees “incremental content opportunities” in this Galway-headquartered firm since high-speed connectivity is paramount to partially as well as fully autonomous vehicles.

“We believe that connectors for data connectivity make up about 10% of the total connector value per vehicle, and represent an attractive growth opportunity,” Mark Delaney told clients in his most recent research note.

The investment firm currently rates TE Connectivity shares at “buy”. Delaney has a price target of $184 on the NYSE-listed firm that indicates potential for another 13% gain from here.  

TEL stock is worth owning to play the AV space also because they pay a healthy dividend yield of 1.73% at the time of writing, which makes them even more attractive to own for income investors.

The post Goldman Sachs names top 3 autonomous vehicle stocks to buy and hold in 2025 appeared first on Invezz

Shares of GMS Inc. soared on Friday as the building-products distributor became the centre of a potential bidding war between two heavyweights in the construction supply industry: Home Depot and QXO.

The stock jumped 29% in pre-market trading, reaching $104.50, after The Wall Street Journal reported that Home Depot had submitted an offer to acquire the Georgia-based company.

The report followed QXO’s public $5 billion bid on Wednesday, which offered $95.20 per share in cash — a 27% premium to GMS’s 60-day average share price.

GMS, which operates over 320 distribution centers and nearly 100 tool sales and rental locations, confirmed it had received the unsolicited proposal from QXO.

In a statement Thursday, the company said its board would “carefully review and evaluate” the bid.

QXO pushes forward with firm offer

QXO, led by serial dealmaker Brad Jacobs, has made it clear it intends to pursue GMS aggressively.

The firm, which recently completed an $11 billion acquisition of Beacon Roofing Supply, said its offer for GMS required no financing condition.

In a letter to GMS CEO John Turner, Jacobs urged a response by June 24 or warned that the offer would be taken directly to shareholders.

“Our all-cash proposal to acquire GMS delivers immediate and certain value to GMS shareholders at a meaningful premium,” Jacobs said in a statement.

Jacobs is known for roll-up strategies and previously won over Beacon Roofing’s board after raising his offer.

Market watchers say a similar playbook could emerge here if GMS hesitates.

Home Depot’s interest signals broader sector ambition

Home Depot’s reported interest in acquiring GMS suggests the retail giant is looking to deepen its reach into the fragmented construction supply market.

With a market capitalization of approximately $345 billion, Home Depot has significant resources to compete against QXO, whose market value stands at about $13 billion.

A successful acquisition would expand Home Depot’s footprint with access to GMS’s established contractor customer base, which includes both residential and commercial builders.

The push toward consolidation is part of a broader trend, as companies look to gain market share and efficiency through scale and technology adoption.

Mixed earnings, but longer-term growth remains

GMS’s most recent earnings, released Wednesday, painted a mixed picture.

The company reported adjusted fourth-quarter earnings of $1.29 per share, down from $2.01 a year ago, but still above Wall Street expectations of $1.11.

Revenue fell to $1.33 billion from $1.41 billion, but also topped consensus forecasts.

CEO John Turner acknowledged macroeconomic headwinds, including high interest rates and broader market uncertainty, but struck an optimistic note.

“As we begin fiscal 2026, we are cautiously optimistic that we are nearing the bottom of this cycle and believe pent-up demand will materialize as the macro-environment improves,” Turner said.

Analysts raise price targets amid takeover buzz

The prospect of a bidding war and continued industry consolidation has sparked bullish sentiment among analysts.

Raymond James raised its price target on GMS to $90 from $80, maintaining an “outperform” rating.

The investment firm expressed a positive view on GMS shares for investors willing to wait through near-term housing headwinds, suggesting the company’s fundamentals remain strong despite current market challenges.

RBC went a step further, lifting its target to match QXO’s offer of $95.20 per share from $65 and reaffirming a “sector perform” rating.

Truist also adjusted the price target on GMS to $105 from $80 and maintained a Hold rating.

The average analyst price target now stands at $93.27, according to FactSet data, with the consensus rating skewing toward overweight.

With GMS’s response to QXO due by June 24, all eyes are on whether Home Depot will formally disclose its offer and possibly raise the stakes.

Both companies are betting on long-term trends — including housing demand, contractor loyalty, and supply chain modernization — to justify a major outlay.

The post GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs appeared first on Invezz