JPMorgan Turns Bullish on Southwest Airlines
JPMorgan double upgrades Southwest Airlines to Overweight, raises price target to $60, and flags strong earnings potential heading into 2026.
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Meta Becomes America's Biggest Corporate Nuclear Power Buyer with 6.6 GW Deal
Meta announces major nuclear energy partnerships with Vistra, TerraPower, and Oklo to power AI data centers with up to 6.6 gigawatts by 2035.
Ardelyx Surges as Analysts Boost Targets on Strong Ibsrela Outlook
Ardelyx shares jumped after strong Ibsrela guidance, multiple analyst upgrades, higher price targets, and a faster path to $1B in revenue.
Tilray Brands Reports Narrower Q2 Loss Despite Mixed Sales Performance
Tilray (TLRY) narrows Q2 losses to $43.5M with 3% revenue growth driven by cannabis gains, though beverage sales decline 21% amid international expansion strategy.
GM Takes $6 Billion EV Writedown as Electric Vehicle Market Cools
General Motors (GM) announces $6 billion in EV-related charges as demand weakens and Trump eliminates tax credits, joining Ford in massive electric vehicle pullback.
Merck Eyes $28-32 Billion Deal for Cancer Drugmaker Revolution Medicines
Merck negotiates potential acquisition of Revolution Medicines for up to $32B, seeking new cancer treatments as Keytruda patent expiration looms in 2028.