AeroVironment Is Maintained at Buy by Jefferies
(19:24 GMT) AeroVironment Price Target Cut to $229.00/Share From $305.00 by Jefferies
(19:24 GMT) AeroVironment Price Target Cut to $229.00/Share From $305.00 by Jefferies
By Heather GillersMeta Platforms is having its best day since January after Bloomberg reported that the Facebook parent will sell access to AI computing power and models similar to those offered by Amazon, Microsoft and Google.Meta shares were up about 9.5% Wednesday afternoon, down slightly from a…
(19:22 GMT) Nike Price Target Cut to $75.00/Share From $90.00 by Jefferies
Livestock futures on the CME settled lower, with most-active live cattle futures losing 0.2% to $2.41875 a pound, while lean hogs fell 1.2% to 97 cents a pound. Cattle finish lower as the CME announces a new futures contract offering, announcing beef trim futures. These futures would cover both 50…
The Federal Trade Commission finalized a consent order involving 365 Retail Markets LLC's $848 million acquisition of Cantaloupe Inc., a deal which seeks to combine the two largest providers of micromarket kiosks as well as software and services that allow food service operators to manage and opera…
New car buyers are lenghtening their loans at record levels, an analysis from Edmunds finds. During 2Q, 36.5% of new car buyers took a loan of 73 months or longer, compared with 27.3% a decade earlier. For loans of 84 months or longer, it was 23.9%, another record. This dynamic lowers monthly payme…
By Kirk MaltaisHIGHLIGHTSMulling Things Over: Tuesday's USDA reports were still a focus for grain traders today. Wheat futures lead the CBOT higher on projections of a tighter supply/demand picture globally, due to a shortfall in U.S. winter wheat along with heat issues in France and potential issu…
Nike cut its sales outlook for the year, marking the fifth time in a row that the sneaker and apparel maker has lowered its initial annual guide, BNP Paribas analysts say in a research note. "We still see risk for further cuts to the guide as the year unfolds," they added, citing concerns around th…
By Adam ClarkAnthropic will restore access to its latest artificial-intelligence model on Wednesday after reaching an agreement with the Trump administration, the company said.That's good news for the AI company's partners Amazon.com and Broadcom.Anthropic pledged to address the workarounds that re…
By Nick TimiraosFederal Reserve Chairman Kevin Warsh declined to say Wednesday whether the central bank needed to consider a rate increase later this month but said his first weeks in the job have seen risks of higher inflation recede. That was evidence, he said, that markets have already grasped h…
By Santiago Pérez in Mexico City, Gavin Bade in Washington and Paul Vieira in OttawaThe U.S. declined to extend its signature trade pact with Mexico and Canada on Wednesday, setting up a decadelong review process that casts uncertainty over businesses that move goods across the world's busiest expo…
By Angela PalumboGrindr stock jumped on Wednesday after a Morgan Stanley analyst upgraded shares of the LGBTQ+ dating app, citing confidence in new products that could improve monetization.Nathan Feather upgraded shares of Grindr to Overweight from Equal-Weight while raising his price target to $18…
Economists polled in June by the Bank of Mexico lowered their year-end inflation estimates, while leaving growth forecasts intact. Inflation is expected to end the year at 4.2%, down from 4.35% in the May survey. The median core CPI forecast slipped to 4.18% from 4.22%. Estimates for GDP growth are…
By Teresa RivasIn the age of instant gratification, we're all Veruca Salt."Don't care how, I want it now," she sang in Willy Wonka and the Chocolate Factory. U.S. consumers increasingly feel the same way after years of watching deliveries arrive faster and having nearly every item they could want s…
Longer auto loan terms and record-high monthly average payments of $777 during 2Q indicate that financially pressured new car buyers will face further challenges down the road, according to an Edmunds analysis of new car financing data. "When you see loan terms extending to record lengths, down pay…
By Andrew WelschRobinhood is expanding its toolkit for investors and its reach abroad. On Wednesday, the company unveiled new AI cryptocurrency trading capabilities for U.S. customers, new perpetual futures contracts for European customers, and expansion efforts in Canada and Singapore.Johann Kerbr…
By Kirk MaltaisHIGHLIGHTSMulling Things Over: Tuesday's USDA reports were still a focus for grain traders today. Wheat futures lead the CBOT higher on projections of a tighter supply/demand picture globally, due to a shortfall in U.S. winter wheat along with heat issues in France and potential issu…
By Hannah Erin LangRobinhood Markets is continuing its push into the world of crypto, unveiling a flurry of new products and platform updates at a product event in London. Here are some of the key updates:Robinhood CEO Vlad Tenev has often reiterated his long-term goal of making Robinhood the world…
By Bill AlpertInvestors asked to redeem just 3% of the shares in a Goldman Sachs private credit fund in the June quarter. Other big funds across Wall Street have had to limit redemptions as exit requests reached 10% to 17% of their shares.A Wednesday letter from the $17 billion Goldman Sachs Privat…
All dates are in local time Thursday, July 2, 2026 Exp Prev Local/GMT/ET 0500/0800/0400 BRA Jun Fipe Monthly CPI CPI, M/M% +0.45% Friday, July 3, 2026…