Large cap News

Ives ups price target to suggest roughly 12% upside and kept a ‘Outperform’ rating.

According to Fiscal.ai-compiled consensus estimates, IBM is expected to report adjusted earnings per share of $2.44 and revenue of $16.10 billion for the third quarter of the fiscal year 2025.

The layoffs would continue through the year end and impact workforce across theatrical, streaming, linear and all other divisions.

Jensen Huang said the home-made Blackwell wafer fulfills President Trump’s reindustrialization vision — to bring back manufacturing to America, to create jobs.

The data positions Trodelvy as a potential new standard of care for patients with metastatic triple-negative breast cancer who aren’t eligible for immunotherapy.

Beijing will likely signal heavy state-led investment in cutting-edge technologies at a key meeting of the Chinese Communist Party’s Central Committee.

Wedbush expects Tesla’s third quarter to mark a shift toward steady demand and stronger execution, driven by Model Y refreshes, China recovery, and early momentum in its AI and robotics roadmap.

Meta’s parental supervision tools will first be rolled out on Instagram in early 2026, in English across the U.S., the U.K., Canada, and Australia.

According to a CNBC report, Jefferies reaffirmed its “Buy” rating on the stock, underscoring how rival firms are still trailing the company’s advanced ecosystem.

Shares of regional banks fell on Thursday after Western Alliance (WAL) disclosed that a borrower failed to provide first-position collateral loans, triggering fraud concerns.

Greg Miley stated that he will join Novo Nordisk next month as the company’s senior vice president of corporate affairs.

Stocktwits data showed that chatter around Circle’s stock increased 120% over 24 hours, as of Friday morning.

The company forecasts a 9% to 10% increase in 2025 revenue, up from the prior expectation of 8% to 10%.

According to a CNBC report, Bezos noted that different industries will all use AI at different rates, although he said he could not outline a timeline for this.

During an interview on CNBC, Pinto stated that there is little evidence of deterioration in the asset quality in the banking system as a whole.

F1 cited Apple’s ability to reach a diverse range of consumers through its ecosystem as one of the reasons for the partnership.

Oklo said that newcleo plans to invest up to $2 billion via a newcleo-affiliated investment vehicle.

According to CNBC, the timing of the call and specific agenda items were not disclosed.

While Dow Jones futures were down by 0.13% at the time of writing, the S&P 500 futures declined 0.41%.

Galileo Financial said that as an Amazon partner network member, it joins a global network of 130,000 partners from more than 200 countries working with AWS.

Bitcoin was the top trending ticker on Stocktwits on Friday morning, followed by MSTR’s stock and Ripple’s XRP token.

The companies said they plan to deploy test vehicles based on the Peugeot e-Traveller model in Luxembourg in the coming months.

The Q3 guidance issued in late July calls for third-quarter revenue of $11.53 billion, marking 17.3% growth, an operating margin of 31.4% and EPS of $6.87.

A StreetInsider report attributed the renewed interest from Datadog to leadership changes at GitLab and the company's recent strong quarterly performance.

The company raised its fiscal year 2030 Oracle Cloud Infrastructure (OCI) revenue outlook to $166 billion.

Wall Street boosted the stock’s price targets after the company’s late-stage trial for its essential tremor drug, ulixacaltamide, delivered strong efficacy and safety data.

Credit concerns have also emerged as another significant headwind following disclosures from a few banks on Thursday.

Third-quarter revenue fell 1% year-over-year (Y-o-Y) to $3.587 billion, aligning with the consensus estimate, despite a 1% increase in volume.

Novo Nordisk is also continuing discussions with the administration under the Most Favored Nation policy aimed at linking U.S. drug costs to global benchmarks.

The dispute erupted after the Dutch government seized control of Chinese-owned Nexperia over security concerns, triggering retaliation from Beijing and raising fears of another supply shock for the auto industry.

Zuckerberg’s latest moonshot could set a new template for Big Tech data-center funding as Meta races toward AGI dominance.

Future Fund’s Gary Black doubts CEO Elon Musk will clarify robotaxi readiness as investors await key financial metrics.

The recent developments come amid broader concerns about the quality of bank loan portfolios and the potential for more borrowers to default or misrepresent collateral.

While BNP Paribas initiated coverage of Tesla with an ‘Underperform’ rating, Barclays kept an ‘Equal Weight’ rating on the shares.

Chief Commercial Officer Andrew Nocella said that global long-haul demand continues to spread both earlier and later in the year out of the third quarter, making those periods stronger.

Downdetector showed that 9,597 users in the United States were facing issues with PayPal at 12 pm ET, and 8,373 users were having outages on Venmo as of 11:47 am ET.

According to a CNBC report, citing people familiar with the matter, Apple is set to announce its $140 million per year U.S. media rights deal with F1.

Microsoft announced that it will enable users to utilize its Copilot feature for AI-powered searches and tasks via text, voice, and vision.

The investment firm also said the fund will now include overnight repurchase agreements and shorter-term U.S. Treasuries, while removing agency securities.

The company said that the job cuts include 12,000 white-collar professionals across functions and geographies, driving annual savings of CHF 1 billion by the end of 2027.

According to TheFly, analysts pointed to JB Hunt’s cost savings drive and the success of its strategic execution amid a soft demand backdrop.

The partnership will bring advanced AI capabilities into Google Workspace and Salesforce systems, aiming to boost employee productivity and improve customer interactions.

During an interview with CNBC, Nick Clegg called valuations in the AI sector “crazy,” in what he termed as almost daily, hourly dealmaking.

In a morning interview with Fox Business, Trade Representative Jamieson Greer stated the U.S. administration, along with its allies, is also evaluating reshoring initiatives.