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Concentrix Is Maintained at Buy by Canaccord Genuity
(15:32 GMT) Concentrix Price Target Cut to $45.00/Share From $55.00 by Canaccord Genuity
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US 6-Week Bills: 3.655%; 54.61% At High
US 6-Week Bills: 3.655%; 54.61% At High
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US 6-Week Bills: Bid-To-Cover 2.71
US 6-Week Bills: Bid-To-Cover 2.71
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US 6-Week Bills: Indirect Bid 69.0%; Direct Bid 5.0%
US 6-Week Bills: Indirect Bid 69.0%; Direct Bid 5.0%
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Zoom Communications Price Target Maintained With a $130.00/Share by RBC Capital
Zoom Communications Price Target Maintained With a $130.00/Share by RBC Capital
BlackRock, Google Join Banks and Crypto Firms in Backing New Stablecoin — WSJ
By Vicky Ge HuangA consortium backed by companies including BlackRock, Google and Coinbase said Tuesday that it is launching a stablecoin.Called Open USD, the new dollar-backed stablecoin is slated to be offered later this year on the Coinbase-affiliated blockchain Base, as well as on Solana and ot…
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Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk
1130 ET - Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, H…
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Wendy's and 14 Other Stocks to Beat the Next Bear Market — Barrons.com
By Mark HulbertInvestors should favor low-volatility, high-yielding value stocks if they want to remain invested in the stock market but are nevertheless worried about a market decline.That's the implication of a recent study that analyzed which stock-picking strategies provided the best bear marke…
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Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk
Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, Hammack say…
NEWS dow-jones
Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk
1130 ET - Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, H…
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Advanced Micro Devices Is Maintained at Overweight by Wells Fargo
(15:30 GMT) Advanced Micro Devices Price Target Raised to $615.00/Share From $505.00 by Wells Fargo
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Roblox Is Maintained at Overweight by Wells Fargo
(15:30 GMT) Roblox Price Target Raised to $56.00/Share From $55.00 by Wells Fargo
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United Airlines Is Maintained at Overweight by Wells Fargo
(15:28 GMT) United Airlines Price Target Raised to $165.00/Share From $130.00 by Wells Fargo
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JPMorgan's $4 Million 'Salami Incident' Is Fueling a Backlash From Banks — WSJ
By Kevin T. DuganIt turned into a Wall Street punchline, but big banks aren't laughing.After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who did…
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Southwest Airlines Is Maintained at Equal-Weight by Wells Fargo
(15:27 GMT) Southwest Airlines Price Target Raised to $50.00/Share From $44.00 by Wells Fargo
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Nuvectis Pharma Shares Tumble After Stock Offering Prices
By Kelly CloonanShares of Nuvectis Pharma slid after the biopharmaceutical company priced a public offering of its common stock at $20 a share.The stock was down 34% to $18.91 on Tuesday. Shares have more than doubled in price this year, and touched at 52-week high of $29.28 on Monday.Nuvectis plan…
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Robo.ai Stock Falls on Plans to Acquire QC Capital for $60M in Newly Issued Shares
By Kelly CloonanShares of Robo.ai declined after the technology company disclosed plans to acquire QC Capital for $60 million in newly issued Class B ordinary shares of Robo.ai.The stock was recently down 20% at $4.38 on Tuesday. Shares are down 28% year to date.QC Capital is an artificial intellig…
Conduent to Sell Tolling Business to Quarterhill for $70M
By Grace YoonConduent said it agreed to sell its tolling business to Quarterhill for $70 million in cash.Quarterhill shares were up 45% to 2.50 Canadian dollars in Toronto.As part of the transaction, digital business-solutions provider Conduent would receive a 7% interest in Quarterhill, a Toronto…
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Delta Air Is Maintained at Overweight by Wells Fargo
(15:25 GMT) Delta Air Price Target Raised to $105.00/Share From $75.00 by Wells Fargo
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Pulsar Helium Agrees Reservation of Helium Liquefaction Plant for Potential Deployment in Minnesota
Pulsar Helium Agrees Reservation of Helium Liquefaction Plant for Potential Deployment in Minnesota