Evercore ISI Starts Coverage on Reddit with Bullish Outlook
Evercore ISI initiates coverage on Reddit with an Outperform rating and $320 price target, citing strong growth, improving monetization, and rising ad potential.
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Goldman Sachs Starts Coverage on Super Micro With a Sell Rating
Goldman Sachs initiates coverage on Super Micro with a Sell rating, citing margin pressure, rising competition, and limited profit visibility despite AI leadership.
Pentagon Invests $1 Billion in L3Harris Missile Business Spinoff
L3Harris Technologies to spin off missile unit as standalone company with $1B Pentagon investment. IPO planned for late 2026 to boost U.S. rocket motor production capacity.
JPMorgan Q4 2025: Mixed Results Despite Strong Trading Performance
JPMorgan Chase (JPM) reports Q4 2025 earnings with unexpected investment banking fee decline and $2.2B Apple Card charge, though trading revenue beats expectations.
Delta Orders 30 Boeing 787s as Earnings Miss Expectations
Despite record revenue, Delta disappoints investors with below-estimate forecasts. Main cabin revenue crashes 7% as airline chases wealthy.
BofA Downgrades Arm to Neutral Amid Revenue Slowdown
BofA cuts Arm to Neutral with $120 target due to royalty slowdown, SoftBank reliance, and weaker smartphone sales in 2026.