The firm initiated coverage with an 87% upside projection from SpaceX’s current $160.42 level, citing AI and vertical integration. Morgan Stanley initiated coverage on SpaceX with a $300 base-case price target, implying 87% upside from the stock’s $160.42 close on July 7.
ORCL stock trades 25% below its 52-week high amid concerns over negative free cash flow and planned $70B CapEx. Oracle shares closed at $143.76 on July 6, 2026, down 25% year-to-date, despite a $638 billion contracted revenue backlog and 93% growth in its infrastructure-as
The South Korean chipmaker’s ADR offering aims to raise $28 billion, trailing only SpaceX’s $85.7 billion IPO last month. SK Hynix will sell 17.79 million new American depositary receipts (ADRs) on Nasdaq, pricing on July 9 and trading on July 10. The $28 billion offering
UniCredit now holds 48% of Commerzbank shares after a two-year hostile takeover effort, signaling momentum in its €45 billion deal. UniCredit has secured 48% of Commerzbank’s shares, edging closer to control in its €45 billion hostile takeover bid. The Milan-based bank lau
Shopify’s reinstated Buy rating and $150 target reflect expectations of AI-driven commerce and international expansion driving long-term growth. Bank of America reinstated coverage of Shopify Inc (TSX:SH., NYSE:SHOP) with a Buy rating and a $150 price target, citing the co
Analysts warn the chipmaker’s record ADR listing may force institutional selling of NVIDIA and Micron to fund allocations. SK Hynix’s upcoming $28 billion American Depositary Receipt listing on NASDAQ is raising concerns over market liquidity. The deal, the second-largest
Alphabet, Microsoft, and Nvidia are top AI picks The recent sell-off in artificial intelligence stocks has created a buying opportunity. The hyperscalers have been spending heavily to build out AI data centers, and this momentum is likely to persist. Alphabet, Mi
BofA is turning more cautious on commodities broadly, but uranium is bucking the trend as the firm's top conviction call for 2026. The bank's commodities team cut 32 price objectives across its coverage, including 21 in precious metals, five in base metals and four in stee
CGI Inc (NYSE:GIB) is one of the best beaten-down technology stocks to buy now. On June 22, CGI Inc (NYSE:GIB) and NetApp deepened their global alliance in the race to drive innovation, accelerate growth, and strengthen client outcomes Wright Studio/ As part of the
Sony Group Corp (NYSE:SONY) is one of the best beaten-down technology stocks to buy now. On July 1, Sony Interactive Entertainment (SIE), a wholly owned subsidiary of Sony Group Corp (NYSE:SONY), announced it will be closing the PlayStation Store on PS3 and PS Vita globall
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