Morgan Stanley Upgrades Akamai, Sees Growth Ahead
Morgan Stanley upgrades Akamai to Overweight, raising its price target to $115 as growth prospects improve across cloud, security, and compute services.
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Trump's 10% Credit Card Rate Cap Shakes Banking Stocks
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
Walmart Joins Nasdaq-100 Index; Stock Rises
Walmart stock surges 3.5% in premarket trading as the retail giant prepares to join the Nasdaq-100 index on January 20, 2026, following strong annual growth.
Xpeng's Flying Car Unit Aeroht Plans Hong Kong IPO This Year
Chinese EV maker Xpeng hires JPMorgan and Morgan Stanley for Aeroht flying car IPO in Hong Kong, targeting China's growing low-altitude economy market.
FDA Requests Additional Data on Stoke's Dravet Syndrome Treatment
Stoke Therapeutics continues discussions with FDA for expedited approval of zorevunersen for Dravet syndrome after regulators request more information on the epilepsy treatment.
Allegiant to Acquire Sun Country Airlines in $1.5B Merger Deal
Allegiant and Sun Country Airlines announce merger creating leading U.S. leisure airline with 650+ routes, 22M passengers, and $140M in expected annual synergies by year three.