AI stocks gain 23% this year, outpacing Nasdaq The Global X Artificial Intelligence & Technology ETF has clocked 23% gains this year, driven by the proliferation of AI. The tech-focused Nasdaq Composite index has appreciated 13% in 2026. Nvidia and Celestica are
The bank sets a $255 price target for HONA, aligning with consensus but below the stock's $263.50 average estimate. Morgan Stanley launched coverage of Honeywell Aerospace (HONA) with an Equal-weight rating and a $255 price target. The call reflects a neutral stance, expec
SEC seeks input on ETFs, potentially opening space to cryptocurrencies The SEC is reevaluating its approach to exchange-traded funds (ETFs), considering the introduction of novel products. Early ETFs tracked diversified indexes like the S&P 500. However, the indust
Vanguard’s VGT and Fidelity’s FTEC offer near-identical tech exposure but vary in expense ratios and assets under management. The Vanguard Information Technology ETF (VGT) and Fidelity MSCI Information Technology Index ETF (FTEC) provide broad U.S. tech sector exposure, ta
SK Hynix raises $26.5 billion in US listing SK Hynix has raised $26.5 billion in its Nasdaq debut, making it the largest first-time listing for a foreign company in the US. The company's stock price has jumped over 630% in the past year on the Korean Exchange. SK
CEG signs long-term nuclear power contracts with Meta and Walmart, lowering its valuation multiple from nearly 50x to 21x. Constellation Energy (NASDAQ: CEG) has secured 20-year nuclear power supply agreements with Meta and Walmart, supporting AI and clean energy initiativ
BofA lifts price target on SharkNinja to $165 citing 51.5% year-over-year sell-through growth driven by Prime Day demand. Bank of America increased its price target for SharkNinja to $165 from $145, maintaining a buy rating. The adjustment follows strong sell-through data,
Coca-Cola's 12% revenue growth and 35% operating margin in Q1 2026 drive stock to record highs amid market outperformance. Coca-Cola shares rose 19% year-to-date in Q1 2026, surpassing the S&P 500’s 9% and Nasdaq-100’s 16% gains. The stock hit an all-time high on July 7, f
Salesforce downgraded due to slow AI adoption Salesforce was downgraded by KeyBanc Capital Markets and Bernstein to a Hold. The downgrades were due to the slow adoption of Agentforce, the company's AI agent platform. The stock fell roughly 3% to 4% at its low bef
The eVTOL firm reported a $172.5 million adjusted EBITDA loss in Q1 2026, with revenue of just $1.6 million amid delayed commercialization. Archer Aviation (NYSE: ACHR) reported a $172.5 million adjusted EBITDA loss for the first quarter of 2026, with revenue totaling only
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