KeyBanc Starts Coverage on Intuitive Machines With Bullish Outlook
KeyBanc initiates coverage of Intuitive Machines with an Overweight rating and a $20 price target, citing strong lunar growth opportunities.
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Nike Shows Mixed Progress in Q2 as Turnaround Continues
Nike beats revenue expectations with $12.4B in Q2 sales but faces challenges in China and Converse. Stock drops 5% despite turnaround progress under CEO Elliott Hill.
FedEx Q2 Earnings Beat Estimates, Raises 2026 Outlook
FedEx (FDX) reports impressive second-quarter earnings with $4.82 per share, beats expectations, and raises 2026 profit forecast as cost-cutting measures and network transformation drive growth.
Trump Orders Move to Reschedule Cannabis, Easing Medical and Business Rules
President Trump signs an executive order to shift cannabis to Schedule III, potentially expanding medical use, research, and business opportunities nationwide.
GE Vernova Upgraded to Buy as Jefferies Sees Stronger Outlook
Jefferies upgrades GE Vernova to Buy, raises price target to $815, citing strong gas turbine pricing and long-term power services growth.
Rocket Lab Stock Soars After Early Space Force Launch Success
Rocket Lab (RKLB) completes STP-S30 mission five months early, deploying four satellites for U.S. Space Force.