Analyst downgrades Salesforce to Equal Weight, citing weak cRPO despite AI platform growth potential. Morgan Stanley reduced Salesforce’s price target by 35% to $185 and downgraded the stock to Equal Weight, citing timing issues rather than skepticism over its AI strategy.
Investors await Intel’s quarterly report to assess if its AI-driven demand rebound justifies a near-tripling of shares this year. Intel reports earnings Thursday, with analysts forecasting its strongest quarterly revenue growth in six years. The surge is driven by AI deman
The company forecasts adjusted earnings of $3.05 per share, topping estimates of $2.96, as AI-related orders jump. TE Connectivity raised its fourth-quarter adjusted earnings forecast to $3.05 per share, above analysts’ expectations of $2.96, citing strong demand for AI-re
The deal values BioLife at approximately $1.5 billion, with 64% paid in Repligen stock and 36% in cash. Repligen will acquire BioLife Solutions in a transaction valued at roughly $1.5 billion, structured as 64% stock and 36% cash. The agreement marks a significant consolid
SpaceX has erased almost $1 trillion in stock market value in five weeks — more than most individual companies in the world are worth. Retail investors who fought for shares at the $135 IPO price are down about 10% now Those who bought four days later, at the June 1
GE Vernova shares trade at a 44x multiple on 2027 earnings forecasts, raising concerns over elevated expectations and execution risks. GE Vernova (GEV) stock has surged over 60% in 2024, pushing its valuation to approximately 44 times projected 2027 earnings of $24.40 per
July 22 A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing employers over the new technology, including proving how it was actually used. The case helps illustrate why
Cal-Maine Foods press release (CALM): Q4 EPS of -$0.76 may not be comparable to consensus of $0.11. - Revenue of $552.58M (-49.8% Y/Y) misses by $11.25M. - Prepared Foods accounted for 10.9% of net sales - Combined, Specialty Shell Eggs and Prepared Foods increased to 53.0% of...
The Global X Uranium ETF falls sharply as miner equities diverge from stable uranium prices, driven by utility contracts over spot rates. The Global X Uranium ETF (URA) has declined nearly 18% over the past month, trading near $39, while spot uranium prices remain steady a
73% of U.S. counties now lack adequate pharmacy access, forcing retirees to spend $106 monthly COLA increases on fuel for prescriptions. Retirees on fixed Social Security incomes face rising costs as pharmacy closures create deserts in 73% of U.S. counties. The 2026 cost-o
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