Evercore Turns Bullish on Duolingo After Product Survey
Evercore doubles Duolingo’s price target to $210 after raising forecasts. The firm cites product gains and estimates 10% and 25% above consensus.
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Hyperliquid May Reach U.S. Users Through Bitnomial, Kraken’s Regulated Exchange
Hyperliquid Labs is in advanced talks with Payward to offer some crypto perps to U.S. traders through Kraken’s CFTC-regulated Bitnomial.
FTC and 22 States Sue Amazon Over Hidden Ad Charges
Officials say Amazon told advertisers it used second-price auctions, then quietly added extra fees starting around 2019.
Herbalife Reaffirms Guidance but Stock Slides on Leadership Change
Herbalife said CEO Stephan Gratziani will step down Oct. 31 and become a strategy consultant. CFO John DeSimone will serve as interim CEO.
SpaceX Targets the Gas-Turbine Bottleneck. Wall Street Says Scale Will Take Years
Musk says in-house casting could cut turbine delays by 18 months. Analysts warn yields, certification, and scale could take about four years.
Baird Says Farm Equipment Is Ready for a 2027 Rebound
Baird upgrades Deere, AGCO, CNH, and Titan, citing firmer crop prices and a 2027 recovery in North American large-ag equipment demand.