Microsoft Cuts AI Sales Targets After Teams Miss Goals
MSFT stock slid over 2% after a report claimed sales teams missed growth goals for Azure Foundry, an AI platform. Microsoft refuted the claim, denying lowered quotas.
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Aeva Wins Exclusive Contract to Power Next-Gen Self-Driving Cars
Aeva has been selected as the exclusive supplier of its advanced 4D LiDAR sensor (Atlas Ultra 4D) for a major European automaker's global vehicles, enabling Level 3 self-driving starting in 2028.
Capricor's DMD Therapy Shows Major Promise in Phase 3 Trial
Capricor's (CAPR) deramiocel cell therapy achieved significant skeletal and cardiac improvements in Duchenne muscular dystrophy patients, potentially reversing FDA rejection after July setback.
Jefferies Downgrades Wayfair as Holiday Demand Weakens
Jefferies cuts Wayfair to Hold, citing weaker holiday traffic and softer consumer buying intentions. The firm says the stock’s risk/reward now looks balanced with a $94 price target.
Morgan Stanley Shifts Outlook on Vertex and Regeneron
Morgan Stanley upgrades Vertex Pharmaceuticals on promising kidney pipeline progress and downgrades Regeneron due to balanced risk/reward and valuation concerns.
Macy's Braces for 'Choiceful' Consumers as Holiday Season Outlook Remains Cautious
Macy's posts best comparable sales growth in 3+ years with 3.2% increase. Management remains "highly cautious" about the holiday spending outlook.