Equity News

H.C. Wainwright raised the firm's price target on Novocure to $47 from $39 and kept a ‘Buy’ rating on the shares after the company announced FDA approval of Optune Pax.

Citi lowered the firm's price target on Snapchat's parent company to $6 from $10 and kept a ‘Neutral’ rating on the shares.

For fiscal 2026, the company now expects to deliver 62,000-67,000 vehicles, significantly higher than the 42,247 delivered in 2025, as it gears up to launch its R2 SUV.

Jim Chanos, the founder of Kynikos Associates, said in an X post on Thursday that IBM is essentially a marketing and consulting company, not a cutting-edge AI company.

Applied Materials forecast revenues for Q2 at about $7.65 billion, beating analyst expectations of $7.02 billion on average, as per Fiscal.ai data.

DraftKings said it is expecting fiscal year 2026 revenue to be in the range of $6.5 billion to $6.9 billion, compared to analysts’ estimates of $7.3 billion, as per data from fiscal.ai.

Coinbase said that crypto is cyclical, and that it is well-capitalized to weather these cycles, with $11.3 billion in cash and cash equivalents.

Comcast has been considering the possible effects on the media industry if either Netflix or Paramount Skydance acquires its competitor Warner Bros, as per a Reuters report.

The finding by the Obama administration forms the basis for U.S. actions to reduce greenhouse emissions and fight climate change, including the laws on vehicle tailpipe emissions which have aided the transition to electric vehicles.

Democrats on Thursday blocked a Republican-backed measure to secure votes to fund the Department of Homeland Security beyond the Feb. 13 midnight deadline.

New COO Eyal Rozen is expected to serve as Chief Operating Officer of BlockchAIn Inc, after the closing of the deal.

SRx Health Solutions said on Wednesday that it has redeemed 17,500 shares of its Series A Preferred Stock for an aggregate redemption price of approximately $21.77 million.

UBS raised its price target on Cisco to $95 from $90 and kept a ‘Buy’ rating on the shares, citing the acceleration of Cisco's artificial intelligence order momentum during the quarter.

In a report published on Thursday, the New York Fed said that almost 90% of the economic weight of the import tax was shouldered by U.S. businesses and consumers.

The company announced a strategic partnership with BitMart to introduce a virtual prepaid card.

UBS, Citi and JPMorgan revised their price targets on the stock on the heels of the company issuing fresh guidance for fiscal 2026.

The latest jobs data and unemployment rate has further strengthened the case for the Federal Reserve to maintain the key interest rate unchanged.

SMX’s reverse share split will become effective on February 17.

According to a report from CNBC, the U.S.’s intention to return to the Moon soon could be a giant leap ahead for Intuitive Machines, as per the bank.

Monness Crespi analyst has downgraded the Coinbase stock to ‘Sell’ from ‘Buy’ and said it is “again” cutting its estimates for Coinbase's Q4 earnings.

Randy Teel has been appointed as President, CEO, as well as a member of the Company’s Board of Directors, effective immediately.

The company cancelled a previously planned $50 million financing tied to an amended merger agreement with flyExclusive.

In the fourth-quarter earnings call, Rees highlighted the company’s ability to simultaneously strengthen its balance sheet and return cash to shareholders.

Schiff noted that total federal spending was only about 2% of GDP back then, while today it’s over 23%.

According to data released by the U.S. Department of Labor on Wednesday, jobless claims fell by 5,000 to 227,000 in the week ended February 7.

The FDA meeting minutes suggest INmune Bio’s late-stage Alzheimer’s trial design is on track.

The company reported a 547% year-on-year increase in Q4 revenue to $227.7 million, which was below the analysts’ consensus estimate of $242.79 million, according to Fiacla AI data.

NuScale stated that it will explore with ORNL how fuel could be managed even more efficiently and effectively across multiple reactors at a single site.

Michael Burry said Palantir became widely recognized in the decade leading up to its 2020 debut as a secretive but influential player working alongside major government and corporate partners.

The electric vehicle maker’s retail sales in January stood at 18,485 vehicles, its lowest monthly figure since November 2022.

The company reported positive results from its PROPEL 3 study of its experimental oral therapy, infigratinib, in children with achondroplasia, a genetic form of dwarfism.

The company said that it will continue to seek funding for the SER-155 Phase 2 study.

The company disclosed an ongoing internal investigation into certain accounting practices and controls, primarily on revenue recognition for fiscal years 2023 through 2025.

The company filed a new shelf registration statement with the U.S. Securities and Exchange Commission (SEC) on Thursday to raise up to $200 million.

Soybean futures jumped to more than two-month highs on reports that the U.S. and China could extend their current “trade truce” by up to one year.

The company announced it has begun mass production of its new HBM4 memory modules.

William Blair upgraded the stock to ‘Outperform’ from ‘Market Perform’ and pointed to a standout quarterly performance.

Last month, Senator Thom Tillis said that he would oppose the nomination of Fed Chair until an investigation into Powell is resolved.

Retail chatter on Stocktwits shows that sentiment remains deeply bearish on SPY and QQQ.

The company said its newly-formed subsidiary will provide 30,000 hours of Embodied AI robot training data to U.S.-based DaBoss.AI Inc. over a 12-month period.

The software sell-off has wiped 48% off HUBS stock, but AI-related growth prospects have eased concerns.

Benchmark expects Q4 revenue of $1.27 billion with a narrower loss than consensus.

According to a Bloomberg report, Novo’s CEO, Mike Doustdar, said the company will expand its facility in Ireland’s midlands region to support international demand for the oral version of Wegovy.

ASTS stock surged after the successful unfolding of the company’s BlueBird 6 satellite, but is now seeing a downfall on Thursday due to its note offering.

McDonald’s beat quarterly profit and revenue expectations while noting that the overall industry still remains challenging.

Apple stock is seeing a boost from the launch of the latest iteration of its flagship product, which has been well received by consumers in China who, in recent years, have migrated to other China-based mobile manufacturers.

Several Wall Street firms have raised price targets on Applied Materials ahead of earnings, with targets implying upsides in the range of 7% to 25% from the stock’s last close.

The company also named DHL as its logistics partner for aftermarket services across Northwestern Europe.

The company shared optimistic timelines for advancing the clinical studies of both oral and subcutaneous VK2735 in obesity.

The company said it intends to use the net proceeds from the notes offering for general corporate purposes.