What Happened? Shares of global financial services firm Morgan Stanley NYSE:MS jumped 3.6% in the morning session after its investment management division announced an investment in a Canadian power project, amid a broader market rally.The investment was made through Morgan Stanley Infrastructure P…
What Happened? Shares of insurance brokerage firm Brown & Brown NYSE:BRO fell 2.6% in the morning session after Morgan Stanley downgraded the stock to "Underweight" from "Equalweight" and lowered its price target.The investment bank cited concerns about a potential reset in organic growth, a softer…
What Happened? Shares of oilfield services company ProPetro NYSE:PUMP jumped 5.3% in the morning session after Stifel reiterated its Buy rating on the stock, citing the company's expansion of its power generation capacity for oil and gas operations.The investment firm highlighted ProPetro's current…
What Happened? Shares of solar panel manufacturer First Solar NASDAQ:FSLR jumped 5.6% in the morning session after Wells Fargo raised its price target on the stock to $320 from $255, citing potential upside from an upcoming tariff decision.The bank maintained its "Overweight" rating, which is a rec…
What Happened? Shares of semiconductor testing company FormFactor NASDAQ:FORM jumped 3.4% in the morning session after it received a $24 million grant from the Texas IC fund for its new probe card site.Probe cards are used to test semiconductor wafers during the manufacturing process. This grant su…
What Happened? Shares of insurance and retirement company Lincoln National NYSE:LNC jumped 4% in the morning session after Barclays upgraded the stock to Overweight from Equalweight, also raising its price target to $45 from $42.The firm cited four key reasons for the upgrade, pointing to the compa…
What Happened? Shares of cybersecurity platform provider Palo Alto Networks NASDAQ:PANW jumped 3.9% in the morning session after the company received positive analyst ratings, with BTIG and Wells Fargo raising their price targets on the stock.BTIG increased its price target to $380 from $333, maint…
What Happened? Shares of vehicle systems manufacturer Commercial Vehicle Group NASDAQ:CVGIjumped 6.4% in the morning session after it announced the raising of $11.6 million through an at-the-market equity program, with all proceeds used to pay down debt.The company launched a $25 million program an…
What Happened? Shares of mobile power and logistics company Solaris Energy Infrastructure NYSE:SEI jumped 4.2% in the morning session after the company announced it acquired Global Energy Services Alliance (GESA), a provider of power generation services.The deal, funded with approximately $55 milli…
What Happened? Shares of cybersecurity cloud platform provider Qualys NASDAQ:QLYS jumped 5.6% in the morning session after Scotiabank upgraded the company firm to Outperform, and JPMorgan raised its rating to Neutral.Scotiabank set a new price target of $190, arguing Qualys is positioned to benefit…
What Happened? Shares of cybersecurity AI platform provider SentinelOne NYSE:S jumped 6.2% in the morning session after Scotiabank upgraded the stock to Outperform from Sector Perform, setting a $23.50 price target.The upgrade was driven by the analyst's view that SentinelOne's investments in its A…
What Happened? Shares of computer processor maker AMD NASDAQ:AMDjumped 9.2% in the morning session after Japanese self-driving startup Turing announced it started using the company's AI GPUs and received an investment from AMD's venture capital arm.Turing, which previously relied on competitor Nvid…
What Happened? Shares of industrial components supplier NN NASDAQ:NNBR jumped 5.6% in the morning session after it secured initial purchase orders to supply components for a leading robotic-assisted surgery platform.The announcement confirmed NN as a qualified supplier for the platform after the co…
What Happened? Shares of fabless chip and software maker Broadcom NASDAQ:AVGO jumped 4.1% in the morning session after the company disclosed new multi-year agreements with Apple, extending their collaboration through 2031 for Broadcom to develop and supply a range of custom ASIC silicon for multipl…
What Happened? Shares of electric vehicle manufacturer Rivian NASDAQ:RIVN jumped 6.2% in the morning session after the company continued to see positive momentum following strong second-quarter production and delivery numbers late the previous week.The move extends a rally from the previous week wh…
What Happened? Shares of computer hardware and IT solutions company Dell NYSE:DELL jumped 6.3% in the morning session after the U.S. President endorsed the company, predicting a market surge and urging investors to buy its stock.Following the statement, Dell's shares climbed. The move was also supp…
What Happened? Shares of identity management company Okta NASDAQ:OKTA jumped 3.4% in the morning session after Scotiabank upgraded the stock to Outperform from Sector Perform and set a $165 price target.The firm views the identity and access management company as a beneficiary of artificial intelli…
Semiconductor maker Penguin Solutions NASDAQ:PENG will be reporting earnings this Tuesday afternoon. Here’s what to look for.Penguin Solutions beat analysts’ revenue expectations last quarter, reporting revenues of $343 million, down 6.2% year on year. It was a very strong quarter for the company…
