J&J starts share exchange offer for consumer health spin-off Kenvue
(Reuters) – Johnson & Johnson said on Monday it had launched an exchange offer under which its stockholders can opt…
Wall Street heavyweights mixed ahead of Nasdaq 100 rebalance
(Reuters) – Shares of Wall Street’s most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq…
American Express cut to Underweight at Piper Sandler on student debt headwinds
Piper Sandler analysts downgraded American Express (NYSE:AXP) shares to Underweight from Neutral. They also cut the price target to $149…
Tesla to discuss factory plan for new $24,000 car with India commerce minister
(Reuters) – Tesla (NASDAQ:TSLA) representatives are set to meet India’s commerce minister this month to discuss plans to build a…
4 big analyst picks: Netflix earns an upgrade, following mixed Q2
Netflix gets upgraded at Baird, following Q2 earnings Baird upgraded Netflix (NASDAQ:NFLX) to Outperform from Neutral and raised its price…
Spanish banks and utilities stocks hit as election unnerves investors
(Reuters) – Spanish blue-chip shares dropped on Monday after a snap general election at the weekend yielded no clear winner,…
AMC files revised stock conversion settlement plan in court
(Reuters) – AMC Entertainment CEO Adam Aron said on Sunday the company filed a revised petition for a stock conversion…
Futures edge up ahead of more Big Tech earnings, Fed decision
(Reuters) – U.S. stock index futures inched higher on Monday as earnings from megacap growth and technology companies roll in…
NVIDIA stock could hit $769 on ~$300 billion AI opportunity by 2027 – Mizuho
Mizuho analysts conducted a deep-dive analysis of the broader server landscape and broader AI outlook amid expectations that GenAI (generative…
European stocks inch to five-week high, Spain lags on election jitters
(Reuters) – European equities touched five-week highs on Monday as upbeat earnings and hopes that the European Central Bank is…