Benchmark Upgrades AbCellera to Buy with $11 Target on Major Jazz Pharmaceuticals Partnership
AbCellera gets a boost after Jazz deal brings upfront cash and future growth potential through cancer antibody programs and milestones.
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Cloudflare Rises as Scotiabank Highlights AI, SASE Leadership with Outperform Rating
Scotiabank boosts Cloudflare price target to $300 (one of the highest on Street) citing strong AI-native momentum and SASE growth.
Samsung’s 19-Fold Profit Surge Fueled by AI Chips, But Shares Plunge on Boom Worries
Investors fear the AI rally may be peaking.
JPMorgan, Bank of America, and Peers Eye Fiserv Debit Network in Bid to Reshape Payments
Several top U.S. banks are discussing the purchase of Fiserv’s debit card processing network. They hope to escape strict fee rules and make more from every debit swipe.
Rivian Boosts Q2 Revenue Guidance on Strong Deliveries, Shares Fall After Launching $1.5 Billion Stock Offering
Rivian Automotive lifted its second-quarter revenue projection above estimates, driven by electric vans and R1/R2 demand. However, a $1.5B share offering weighed on RIVN stock.
Deutsche Bank's Bullish Call on First Solar: Attractive Entry After Sharp Decline
After a 27% pullback, the bank sees strong fundamentals, domestic manufacturing advantages, and upcoming Section 232 tariff clarity as key catalysts.