Wells Fargo Defends AMD as MI450 Delay Fears Weigh on Shares
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
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Google's AI World-Building Tool Shakes Gaming Stocks: Unity, Roblox, and Take-Two Drop
Unity, Roblox, and Take-Two shares fell sharply after Google launched Project Genie, an AI tool that creates 3D virtual worlds from text prompts, sparking competition concerns.
ALX Oncology Raises $150 Million to Fund Cancer Treatment Research
ALX Oncology announces $150 million stock offering to advance clinical trials for evorpacept and ALX2004 cancer therapies with support from major investors.
Wells Fargo: Tesla’s Solar Push Shakes Market, but First Solar Stands Strong
Wells Fargo says Tesla’s U.S. solar plans triggered a selloff, but First Solar remains well positioned thanks to cost and pricing strength.
Wall Street Starts Coverage on PLSE and ENGN: What You Need to Know
Mizuho and Jefferies initiate coverage on Pulse Biosciences and enGene, highlighting growth potential, strong clinical data, and upcoming catalysts in biotech.
American Express Q4 Earnings Miss Expectations Despite Strong Spending Growth
American Express (AXP) shares drop 2% after Q4 earnings miss estimates. Despite falling short, the company posted 9% transaction growth and announced a 16% dividend increase.