Equity News

William Blair downgraded Ultragenyx to ‘Market Perform’ from ‘Outperform,’ stating the miss could have negative implications for Ultragenyx’s other Angelman syndrome trial.

AI demand is powering growth across software and infrastructure, but investors are taking very different views on the valuations.

Retail sentiment on Stocktwits remained ‘bearish’ on SPY and moderated to ‘neutral’ on QQQ.

Wall Street tempered its optimism on Credo as several firms lowered targets, while Rosenblatt took a more constructive view.

Scotiabank initiated coverage of SoFi Technologies with an ‘Outperform’ rating and a price target of $25.

China’s memory-chip ambitions are gaining momentum as CXMT expands in DRAM and YMTC prepares for IPO.

Burry supports LULU despite Wall Street’s concerns, while analysts expect weaker demand and a possible cut to the company’s guidance.

Cybercabs were spotted across Austin and Miami as Tesla’s Texas robotaxi fleet reached 420 vehicles.

Burry also attacked the $17.2 million spent on Karp’s aircraft in 2025, dubbing it the “$17.2 million mile-high club.”

The investor says sharp selloffs can create opportunities to accumulate more shares, while cautioning that conviction must be balanced against valuation and risk.

Take-Two shares have fallen after the GTA VI leak, but strong preview views and positive retail sentiment show that interest in the game remains strong.

Michael Burry elaborated in his post on Substack that Fiserv stock “really fell hard,” about 80% since March 2025, but “was much higher not that long ago.”

ASTS offers “damn compelling” direct-to-cell potential, but Feroldi warned that “50 things” could go wrong before commercialization.

China’s fast-rising AI models are combining strong performance with lower costs and greater accessibility, raising the stakes for U.S. AI leaders.

Pfizer, GitLab, and Conoco Phillips shares surged to 52-week highs on Wednesday amid a series of positive company catalysts and optimistic Wall Street coverage.

Shopify posted strong second-quarter results, but its high valuation has prompted caution.

While Broadcom and Hewlett Packard Enterprise posted disappointing results, sending shares lower overnight, Dell shares surged after blockbuster results.

Netskope’s strong Q2 and raised outlook show how AI-driven demand is extending beyond the biggest cybersecurity players.

Investors are watching Google’s AdTech ruling, while Craig-Hallum remains positive on Magnite and retail traders have become highly bullish as competition could increase.

SpaceX could retain all AI revenue generated through Cursor and Grok or capture around 50% when selling computing capacity to outside customers.

Duke Energy and WEC Energy Group are among the top dividend stocks in the market, according to a recent report from Morningstar.

Demand is outpacing supply as major AI labs ramp custom accelerators, strengthening Broadcom’s position as a key Nvidia alternative in AI infrastructure.

Investors are reassessing PG&E’s restructuring plans and the Chinese EV sector’s profit outlook.

Rocket Lab maintained its perfect Synspective record, with 16 more missions booked through 2030.

Scotiabank initiated coverage of Robinhood with an ‘Outperform’ rating and $136 price target, implying an upside of more than 27% from its last close.

Dell Technologies tops the S&P 500 following robust quarterly earnings.

A U.S. appeals court on Wednesday backed Micron, leaving in place Patent Office rulings that invalidated five Netlist memory patents.

Snowflake Inc. surpassed Wall Street expectations for the second quarter and increased its full-year sales outlook.

Hewlett Packard Enterprise posted record revenue and profitability as AI demand drives growth across its portfolio.

Ultragenyx said the late-stage Aspire study of apazunersen, also known as GTX-102, did not meet its primary goal or key backup goal in a late-stage trial.

Microsoft used to publish only the percentage growth rate for its Azure cloud computing division, its key growth driver.

uniQure announced it had submitted a Biologics License Application to the FDA seeking accelerated approval of ifezuntirgene inilparvovec, or AMT-130, for Huntington’s disease.

Broadcom posted strong third-quarter growth fueled by artificial intelligence demand, but fourth-quarter revenue forecast missed Wall Street's highest expectations.

Paul Singer-led Elliott Investment Management has built a sizeable stake in Deutsche Telekom and wants the company to drop a potential combination with its U.S. wireless unit, Bloomberg reported on Wednesday.

Meta Platforms Inc. has launched Muse Spark 1.3, its most advanced artificial intelligence model to date.

AeroVironment will deliver dozens of Locust X3 systems under the Army’s E-HEL program to strengthen counter-drone defenses.

Proofpoint, the Thoma Bravo–owned email and collaboration security company, is reportedly in talks to buy Varonis.

The U.S. government says training AI models on copyrighted material generally qualifies as fair use and is critical to American AI leadership.

The Federal Reserve’s latest economic report highlights slight-to-moderate national growth, driven by demand in manufacturing and tech, even as rising energy costs, inflation, and global conflicts weigh on consumers.

The stock is currently trading around $11.88, just above its 52-week low of $11.65.

Berenberg has initiated coverage on four major space companies with optimistic ‘Buy’ recommendations, igniting a significant market rebound led by a double-digit surge in AST SpaceMobile stock.

Google avoids a forced divestiture of its advertising exchange despite an earlier ruling that it illegally monopolized key ad-tech markets.

Deutsche Bank analyst Scott Deuschle named Howmet his top idea in the original-equipment supply chain and kept a Buy rating with a $343 price target on Wednesday.

Chevron is set to invest more than $7 billion over the next five years in Venezuela and more than double production compared with 2026 levels

Wells Fargo said Uber’s job cuts create a healthy buffer for its forecast of a 30-basis-point year-over-year margin improvement in 2027.

Square expanded its merchant footprint through a new partnership with 100-year-old Parsons Bakery across 48 locations.

Three abstracts evaluating SLS009 have been accepted for poster presentations at the AACR Conference on Pancreatic Cancer later in September.

FuelCell’s third-quarter revenue fell 29% to $33 million, well below Wall Street’s estimates of $38.8 million, according to Fiscal.ai.

CASHCAT, Robinhood Chain’s top-traded token, hit an all-time high on Wednesday, trading over 27% on the day.

In an interview with CNBC, Desai said MongoDB delivered a “very clean beat” and “very strong quarter,” with total revenue growth accelerating to 30.5%.