Category: Latest News

Analyst Cuts Target but Maintains Buy Rating Eos Energy Enterprises Inc. (NASDAQ:EOSE) shares slipped 2.3% in premarket trading on Monday after Stifel lowered its price target on the battery storage company to $10 from $12, while reiterating its Buy recommendation. Analyst Stephen Gengaro said the revised valuation reflects the expected dilution from the company’s recently…

New Tool Targets Sophisticated Automated Traffic Cloudflare, Inc. (NYSE:NET) has introduced the general availability of Precursor, a new bot management solution designed to identify automated activity by monitoring behaviour throughout an entire browsing session rather than relying on a single security checkpoint. The company said the launch addresses the growing sophistication of malicious bots, which…

Acquisition Announcement Moves Both Stocks First Hawaiian (NASDAQ:FHB) shares fell 4.8% on Monday, while TriCo Bancshares (NASDAQ:TCBK) gained 7% after the companies announced an all-stock merger agreement. Under the proposed transaction, TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share they own, valuing TriCo at approximately $63.12 per share based on First…

American Express Earns Upgrade JPMorgan has upgraded American Express (NYSE:AXP) to Overweight in its second-quarter consumer finance outlook, identifying the company as its preferred name in the sector despite mounting geopolitical and economic uncertainty. American Express shares rose around 1% in premarket trading following the analyst upgrade. Broker Warns of Tougher Backdrop While taking a…

AI Programme Selection Sends Shares Higher Pulsenmore Ltd. (NASDAQ:PLSM) shares surged 160% after the company announced it had been selected to participate in Israel’s Healthcare AI Regulatory Sandbox Program, an initiative led by the Israel Innovation Authority and the Ministry of Health. The company said it will receive funding through a project with a total…

Analyst Calls for Strategic Shift Wells Fargo has outlined an unconventional strategy for The Walt Disney Company (NYSE:DIS), arguing that the media giant could significantly increase shareholder value by moving away from its direct-to-consumer streaming business and refocusing on content creation and licensing. In a research note, analyst Steven Cahall suggested that stepping back from…

Gas-Fired Electricity Becomes More Expensive The cost of generating electricity from natural gas-fired power plants in the United States has climbed to its highest level in at least 17 years, according to new research published by Lazard Inc. The investment bank’s latest analysis shows the levelized cost of energy (LCOE) for combined-cycle gas plants increased…

Analyst Downgrade Weighs on Shares Papa John’s (NASDAQ:PZZA) shares fell 1.9% in premarket trading after BofA Securities downgraded the pizza chain to Underperform from its previous rating, while reducing its price target to $34 from $42. The move marks BofA’s first bearish recommendation on the stock and represents a notable shift in Wall Street sentiment,…

Meta Increases Scale of Louisiana AI Project Meta (NASDAQ:META) has unveiled a major expansion of its Hyperion data centre in Richland Parish, Louisiana, increasing its planned computing capacity to 5 gigawatts while lifting total investment in the project to more than $50 billion. The facility had previously been expected to deliver more than 2 gigawatts…