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CFRA gets more bullish, hikes S&P 500 year-end target to 8,050

TazaPulseAugust 6, 2026

CFRA just got more bullish on the stock market, joining other firms raising their targets in recent weeks. The Wall Street firm hiked its S & P 500 year-end target to 8,050, up from 7,400 originally, meaning the broader index can rise roughly 4% from Wednesday’s close. For the full year, that would mean the...

US News

Eli Lilly, Novo Nordisk earnings show widening divide in GLP-1 market

TazaPulseAugust 6, 2026

The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The diverging paths of two GLP-1 drugmakers were on full display this week. Both Eli Lilly and Novo Nordisk beat second-quarter estimates and raised their full-year outlooks. But while investors cheered Lilly’s results, sending shares higher on Wednesday, they punished Novo...

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SpaceX faces test as shares unlock allowing early investors cash out

TazaPulseAugust 6, 2026

Elon Musk speaks at Starbase before SpaceX’s IPO in in Starbase, Texas, U.S., June 12, 2026. CNBC Early SpaceX investors will have their first chance to cash out a portion of their holdings on Thursday as initial lockup restrictions expire, potentially putting pressure on a stock that’s already more than 50% off its high from...

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SpaceX spent more on Tesla Megapacks in Q2 to power AI data centers

TazaPulseAugust 6, 2026

Tesla Megapack batteries during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, U.S., on Monday, June 6, 2022. Nic Coury | Bloomberg | Getty Images SpaceX ramped up spending on energy products from CEO Elon Musk‘s other trillion-dollar company, Tesla, during the period ending June 30, 2026, financial filings revealed....

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Marc Benioff gets a new COO, as Salesforce promotes Miguel Milano

TazaPulseAugust 6, 2026

Miguel Milano, President and Chief Revenue Officer at Salesforce. Courtesy: Salesforce Salesforce has appointed an operating chief under CEO Marc Benioff, promoting Miguel Milano to the role. Milano, a former Oracle executive, rejoined Salesforce as chief revenue officer in 2023. He previously worked for Salesforce in Europe from 2011 to 2020 and then spent three...

Meta debuts Muse Code to take on Anthropic and OpenAI

TazaPulseAugust 6, 2026

Alexandr Wang, chief AI officer of Meta, during the Bloomberg Tech conference in San Francisco, California, US, on Thursday, June 4, 2026. David Paul Morris | Bloomberg | Getty Images Meta is rolling out its first coding agent called Muse Code as the company tries to challenge leading AI labs Anthropic and OpenAI. Muse Code...

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Microsoft makes OpenAI GPT-5.6 Sol default in GitHub Copilot for staff

TazaPulseAugust 6, 2026

Jay Parikh, executive vice president of CoreAI at Microsoft, speaks at a Siemens news conference at the Consumer Electronics Show in Las Vegas on Jan. 6, 2026. Caroline Brehman | AFP | Getty Images Microsoft is telling developers working on AI coding projects to rely on OpenAI’s top-tier model over rival products as part of...

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Google chief scientist Jeff Dean leaving company after 27 years

TazaPulseAugust 5, 2026

Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday, with chief scientist Jeff Dean leaving the company after 27 years. Demis Hassabis, the CEO of Google DeepMind, is moving into a chairman role of that unit and also assuming the title chief scientist of parent company Alphabet, according to a memo from...

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Trump admin. refunds $100 billion in ‘liberation day’ tariffs

TazaPulseAugust 5, 2026

An American flag flies near the Ever Memo container ship at the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images The Trump administration said it has refunded about $100 billion of the tariff revenue that was collected before President Donald Trump‘s “liberation day” duties were struck...

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Mortgage rates hit their highest level in over a year

TazaPulseAugust 5, 2026

Homes in Hercules, California, June 17, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage demand continued to plummet last week, after mortgage rates rose to their highest level in over a year. Total mortgage application volume dropped 2.9% week to week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications were also...