Okta’s price target rises to $103 as KeyBanc cites accelerating enterprise security and AI agent budgets. KeyBanc raised Okta’s price target to $103 from $95, reflecting a stronger outlook for enterprise security spending. The firm maintained an Overweight rating on the st
Japan’s largest bank raises fiscal 2026 profit goal to JPY 2.7 trillion as net operating profit drives growth despite a dip in capital ratios. Mitsubishi UFJ Financial Group (MUFG) reported record fiscal 2025 profit and raised its fiscal 2026 profit target to JPY 2.7 trill
Washington deems Tehran’s revised offer unchanged and inadequate, raising risks of military action if talks fail to advance. A senior US official stated Iran’s updated proposal to resolve the nuclear conflict lacks meaningful progress and does not meet key demands. The ass
In its first-quarter 2026 investor letter, Matrix Asset Advisors highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions, hold
BofA raises Coherent’s price target to $400 citing a $1.7T AI data center TAM by 2030, while TD Cowen sets $395 target. Bank of America increased its price target for Coherent Corp. (NYSE:COHR) to $400 from $365, maintaining a Neutral rating. The firm raised its 2030 AI da
China's April data shows broad-based weakness in domestic activity China's April data showed a slowdown in growth, with retail sales, industrial production, and fixed asset investment all disappointing. The first quarter had been strong, with exports remaining resilie
Brazil’s March 2026 oil production reached a record, positioning it as a key non-OPEC supplier amid Middle East tensions. Brazil’s oil production surged to a record high in March 2026, reinforcing its role as a critical non-Middle Eastern energy supplier. The milestone com
FCA and PRA propose aligning tokenized assets with traditional instruments, aiming to modernize UK wholesale markets by 2028. UK regulators have outlined plans to enable near-24/7 settlement for tokenized financial instruments, treating them equivalently to traditional ass
Market veteran Ed Yardeni says rising Treasury yields may compel the Fed to raise rates next month despite incoming Chair Warsh’s dovish stance. Incoming Federal Reserve Chair Kevin Warsh may need to raise interest rates in July to counter surging Treasury yields and appea
The latest Article IV assessment by the International Monetary Fund (IMF) sets out a picture of a UK economy that is stabilising but still facing subdued growth, persistent structural challenges and ongoing fiscal pressure. The review, based on discussions between IMF staf
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