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Morgan Stanley Raises Palo Alto Networks Price Target to $410 on AI Security Demand
Morgan Stanley has increased its price target for Palo Alto Networks (NASDAQ:PANW) to $410 from $394, citing expectations that growing adoption of artificial intelligence will support cybersecurity spending and create opportunities for the company to expand its market share. The investment bank maintained its Overweight rating and identified Palo Alto Networks as its preferred stock…
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Cue Biopharma Shares Jump 41.6% Premarket Following Phase 2 Trial Results
Cue Biopharma (NASDAQ:CUE) shares rose 41.6% in premarket trading after the company reported positive topline results from a Phase 2 clinical trial evaluating CUE-221 in patients with moderate to severe chronic spontaneous urticaria. The investigational anti-IgE monoclonal antibody is being developed to treat a condition characterised by recurring hives that can significantly affect patients’ quality…
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Global Humanoid Robot Sales Reach 7,000 Units in 2025, IFR Data Shows
Approximately 7,000 humanoid robots were sold worldwide in 2025 for industrial and professional service applications, according to data compiled by the International Federation of Robotics (IFR) and reviewed by Reuters ahead of publication. The figures provide an early indication of the commercial scale of the humanoid robotics market, although sales remain relatively small compared with…
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Guardian Metal Resources: 92 Metres of Tungsten Highlights Tempiute’s Growing Potential
Guardian Metal Resources (AMEX:GMTL), (LSE:GMET), (USOTC:GMTLF) is continuing to build momentum at its Tempiute Tungsten Project in Nevada, with a 92-metre mineralised intersection providing another significant indication of the scale of the system. Guardian Metal Resources is adding further weight to its growing U.S. tungsten story, with the latest drilling results from the Tempiute Project…
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Novo Nordisk Shares Fall 6% as Drugmaker Outlines Growth Targets Through 2030
Novo Nordisk (NYSE:NVO) shares declined 6% on Monday after the Danish pharmaceutical company presented its long-term strategy and financial ambitions at a capital markets day in London. The company expects compound annual revenue growth between 2026 and 2030 to be in line with that of its industry peers, while maintaining a broadly stable operating margin.…
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Accenture Shares Rise 6% Premarket Following $1 Billion AI Safety Partnership With Anthropic
Accenture (NYSE:ACN) shares climbed approximately 6% in premarket trading on Monday after Anthropic announced an agreement under which the IT services company will lead independent safety evaluations of its artificial intelligence models. The partnership, announced on 18 September, involves plans for both companies to invest at least $1 billion each over five years to expand…
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Morgan Stanley Highlights Growing AI Collaboration Between SpaceX and Tesla
Morgan Stanley has identified expanding technological and operational links between SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA), as the two Elon Musk-led companies pursue applications of artificial intelligence in robotics, energy and manufacturing. In a note led by analyst Adam Jonas, the bank said the companies “share tech, talent, and infrastructure in a shared mission of converting…
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Paramount and Warner Bros. Shares Rise on Report of Progress in Merger Settlement Talks
Shares of Paramount (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) rose in premarket trading on Monday after The Wall Street Journal reported progress in negotiations aimed at resolving legal opposition to their proposed $81 billion merger. Paramount executives and a coalition of US states seeking to block the transaction held discussions over the weekend about a…
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Starbucks Plans Global Capability Centre in India, Reuters Reports
Starbucks (NASDAQ:SBUX) is planning to establish a global capability centre in Chennai, India, with approximately 800 jobs expected to be created during the project’s initial phase, Reuters reported on Monday. The news agency cited a government source familiar with the plans. Further details about the investment, development timetable and specific functions of the proposed centre…
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Apple iPhone 18 Pro Delivery Times Lengthen in Second Week, JPMorgan Says
Estimated delivery times for Apple’s (NASDAQ:AAPL) iPhone 18 Pro models increased substantially during their second week of orders, bringing waiting periods broadly into line with those recorded for the iPhone 17 series last year, according to a JPMorgan note published on Sunday. The bank reported that average delivery times for the iPhone 18 Pro rose…