By David WainerMedicare began covering weight-loss drugs for seniors this week. For patients long shut out from the GLP-1 boom, the opening is a real milestone. For Wall Street, it isn't the immediate windfall the headlines suggest.Drugs such as Wegovy and Zepbound have rocketed into the national s…
(09:25 GMT) General Mills Price Target Raised to $36.00/Share From $33.00 by Jefferies
(09:21 GMT) Skywest Price Target Cut to $108.00/Share From $126.00 by Goldman Sachs
By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…
MSC Industrial Direct Co., Inc. MSM used its fiscal third-quarter earnings call to argue that its turnaround is moving past disruption and into execution. Management pointed to improving volume trends, firmer national account performance and better operating leverage as signs that recent structural…
Super Micro Computer, Inc. shares rose 0.4% in premarket trading on Thursday, after a report said that Taiwanese authorities have detained two staffers at its Taiwan unit as part of an investigation into the alleged illegal export of advanced AI servers containing Nvidia chips.The servers in questi…
Yara Agrees to Buy Gulf Coast Ammonia's Texas Ammonia Production Facility For $1.3B
(09:07 GMT) Crinetics Pharmaceuticals Price Target Announced at $55.00/Share by UBS
Strongest earthquake to impact Venezuela since 1900 causes widespread damage across northern Venezuela and highlights challenges within the country's insurance marketBOSTON, July 02, 2026 (GLOBE NEWSWIRE) -- The Catastrophe and Risk Solutions group at Verisk NASDAQ:VRSK, a leading strategic data an…
By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…
Lululemon LULU designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth.The stock is currently a Zacks Rank #5 (Strong Sell), with its near-term earnings outlook remaining cloudy across the board. It also resides in the bottom 26% of all Zacks industr…
nVent Electric NVT designs, manufactures, markets, installs, and services high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings, and critical processes.The stock sports the highly-coveted Zacks Rank #1 (Strong Buy), with its EPS out…
Coupang Inc. (CPNG) stock is drawing attention after a Republican-led U.S. House Judiciary Committee accused South Korean authorities of unfairly targeting the company, arguing that regulatory actions against the U.S.-based e-commerce firm intensified after a customer data breach last year.The comm…
According to a Financial Times report, OpenAI boss Sam Altman has said the move is the best way for the public to share in the upside of artificial intelligence.Citing unnamed people close to the matter, the government and OpenAI are currently in early-stage "conceptual" talks.OpenAI had been rumou…
DUBAI, UNITED ARAB EMIRATES – Workday, Inc. NASDAQ:WDAY, the enterprise AI platform for HR, finance, and IT, today announced the appointment of Bernd Leukert to its EMEA Advisory Board, effective immediately. Leukert brings more than thirty years of experience in leadership roles at global technolo…
OpenAI, the company behind ChatGPT, has reportedly discussed giving the US government a 5% equity stake as artificial intelligence oversight in Washington intensifies.The company raised the idea in early discussions with the Trump administration as it seeks to navigate a tougher political environme…
By Dow Jones Newswires StaffU.S. stock futures were lower in early European trade as AI-related stocks fell across the globe ahead of Thursday's crucial jobs data.Kevin Warsh kept mum on the Federal Reserve's rate-setting path when speaking in Portugal Wednesday. In the absence of forward guidance…
Amazon.com, Inc. is preparing its first major overhaul of its processor strategy for its consumer devices in two decades and has contracted a Taiwanese company to design custom chips for products such as the Kindle, Fire TV, and Echo speakers, according to a key supply chain analyst.Amazon is gradu…
Staff WriterThe UAE sovereign wealth fund is one of nearly two dozen major state-backed investors, asset management firms and funds investing in the IPO, including Singapore’s wealth fund Temasek, investment firms GIC and Oaktree, asset managers HK Greenwoods, UBS Asset Management (Singapore). Watc…
Here we highlight 2 microcap food plays which seem to be weathering the inflationary pressure on consumer discretionary spend. So what is their “secret sauce”?Let’s start with Dallas, TX-based Rave Restaurant Group, Inc. (RAVE), which franchises out two pizza restaurant brands: Pizza Inn and Pie Fi…
