WallSt Focus

The stock market closed out an impressive first quarter on Thursday with a steady performance. Stocks were little unchanged and this muted action came despite a record-setting close for the S&P 500 just a day earlier and an influx of economic news.

The U.S. economy defied expectations in the first quarter of 2024, continuing a climb of steady growth despite challenges and headwinds from rising interest rates and inflation.

In the wake of soaring speculation fueled by reports of potential acquisition talks with Johnson & Johnson, Shockwave Medical finds itself in the spotlight as investors weigh the prospects of a strategic deal

The interest from Sycamore Partners indeed sheds a spotlight on Gildan, yet the concerns raised by shareholders like Jarislowsky Fraser Ltd and Browning West underscore a dissonance regarding the its valuation and strategic direction.

The Federal Reserve's policy meeting today is unlikely to bring any surprises on the interest rate front. Most analysts expect the Fed to maintain the current federal funds rate, which currently sits at a 23-year high between 5.25% and 5.5%.

Interpublic Group finds itself at the center of takeover speculation suggesting that a mysterious European entity, bolstered by the support of a private equity firm, has set its sights on them.

Target Hospitality has captured investors' attention with a remarkable surge following a tempting buyout offer from Arrow Holdings valuing the rental and housing services company at $10.80 per share.