S&P Global’s Mobility unit raises $2 billion via senior notes as it prepares for a shareholder spinoff. S&P Global’s Mobility Global division launched a $2.0 billion private offering of senior notes on Monday. The move precedes the unit’s planned spinoff to shareholders, a
LITE inclusion reflects strong operational performance and growth expectations in AI-driven optical and photonic markets. Lumentum Holdings Inc. (LITE) will join the Nasdaq-100 Index effective May 18, 2026, marking a milestone after a year of progress. The move follows imp
A multi-week national radio hosting role for Brig. Blaine Holt could increase visibility for Xeriant’s technology and defense-focused positioning as the company continues promoting its advanced materials strategy. Key Investor Takeaways - The primary catalyst is Brig. Gen.
Broadcom’s AI semiconductor revenue outlook revised upward by 30%-40% as analysts raise earnings forecasts for fiscal 2027 and 2028. Wells Fargo increased Broadcom’s price target to $545 from $430, citing a 22% and 19% rise in fiscal 2027 and 2028 revenue estimates, respec
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
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
Germanyâs government is preparing a â¬10 billion ($11.6 billion) investment package to strengthen civil protection systems, including new bunkers, emergency shelters and technology to warn citizens during wars or natural disasters. Interior Minister Alexander Dobrindt said
Residential mortgage loans company loanDepot (LDI) entered into an at-the-market sales agreement with BTIG to sell class A shares of up to $100M. Sale will be made from time to time Net proceeds will be used to reduce outstanding indebtedness and for general corpora
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