Wall Street Moves: Analysts Upgrade and Downgrade Key Tech Stocks
Morgan Stanley and KeyBanc updated their views on major tech stocks, upgrading Doximity, Asana, and Akamai, while downgrading ServiceNow and Adobe as part of their 2026 outlook.
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Wall Street Shakes Up Semiconductor Stocks: Key Upgrades and Downgrades Explained
Goldman Sachs and Jefferies updated ratings on major semiconductor stocks, citing AI spending, cyclical recovery, and execution risks. Here is what changed and why.
argenx Stops Thyroid Eye Disease Studies
argenx discontinues Phase 3 trials of efgartigimod SC for thyroid eye disease after independent review finds treatment unlikely to meet goals. Safety profile remained favorable.
iRobot Shares Crash After Bankruptcy Filing and Buyout Plan
iRobot stock plunged after the Roomba maker filed for Chapter 11 bankruptcy and agreed to be acquired by its main manufacturer, wiping out shareholders.
Intel in Talks to Buy AI Chip Startup SambaNova for $1.6 Billion
Intel is reportedly in advanced talks to acquire AI chip startup SambaNova Systems for about $1.6 billion, strengthening its push into artificial intelligence.
ServiceNow Eyes $7B Armis Acquisition to Boost Cybersecurity Arsenal
ServiceNow is in advanced talks to acquire cybersecurity startup Armis for up to $7 billion, marking its largest deal yet as tech giants race to strengthen security offerings.