News

Wells Fargo flags a new risk for Lyft after strong ride trends
Lyft may be benefiting from strong ride volumes, but Wells Fargo (NYSE:WFC) analysts warn that the company faces mounting pricing pressure that could weigh on its second-half earnings.
Piper Sandler downgrades CrowdStrike on valuation after sharp rally
Piper Sandler downgraded CrowdStrike Holdings (NASDAQ:CRWD) to Neutral from Overweight, saying the cybersecurity firm’s rapid share-price gains have outpaced its earnings outlook and left little room ...
Mystery bitcoin whale moves stash after 14 million per cent price hike
A mysterious bitcoin investor has moved their multi-billion dollar stash for the first time in more than 14 years. Data from ...
Dye & Durham stock jumps after shareholder calls for company sale
Dye & Durham Ltd (TSX:DND) stock rose 5.5% after major shareholder Plantro Ltd. requisitioned a special meeting to replace three board members and push for a sale of the company.
Who could win and lose on tighter Trump AI controls? UBS weighs in
UBS analysts warn that the reported new U.S. export restrictions on AI chips to Malaysia and Thailand could create turbulence for tech investors, as the Trump administration aims to block China’s ...
World Chocolate Day: The EU is celebrating with sky-high prices
Prices in the cocoa market have lowered recently from record highs, but coupled with high energy costs, they have fuelled a ...
France wants 80% workshare in Franco-German fighter jet project
France has informed Germany it wants an 80% workshare in the joint Franco-German fighter jet project known as FCAS, according to a Reuters report on Monday.
Wall Street initiates Chime coverage: What analysts are saying after June debut
Wall Street is initiating coverage on Chime Financial (NASDAQ:CHYM) following the online banking services provider’s June market debut, with analysts highlighting its strong customer engagement, ...
Citi adds Applied Materials to focus list on valuation gap with peers
Citi added Applied Materials (NASDAQ:AMAT) to its U.S. focus list, citing an improving sales outlook and an unwarranted valuation gap with semiconductor capital equipment peers Lam Research ...
Stocks are at record highs as Wall Street faces major tariff test
It’s the start of a highly anticipated week on Wall Street as traders await announcements about the Trump administration’s ...
Macquarie raises TSMC target by 14%, sees AI supercycle as a re-rating catalyst
Macquarie analysts raised their target price for Taiwan Semiconductor Manufacturing Company (TSMC) by 14% to NT$1,282, driven by the accelerating demand from the AI supercycle.
Jefferies upgrades Constellation Brands on signs that headwinds are easing
Jefferies upgraded Constellation Brands (NYSE:STZ) to Buy from Hold, as it raised stock’s price target to $205. Analysts say the Corona brewer’s valuation looks too low as pressure on its core U.S.