Starboard Targets CarMax: $350M Investment Backs Keith Barr to Revamp Used-Car Giant
Activist Starboard takes $350M stake in CarMax, nominates board members, and pushes for faster turnaround under incoming CEO Keith Barr.
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Nike Stock Gets a Boost: Barclays Upgrades to Overweight, Sees 30%+ Upside
Barclays upgrades Nike to Overweight from Equal Weight, raising PT to $73 from $64. Cites operational gains, margin stability & easing risks.
AeroVironment Slashes Fiscal 2026 Guidance After Q3 Loss Widens on Space Business Setback and Revenue Timing Issues
Drone and defense tech leader AeroVironment reported a wider Q3 loss, missed estimates, and cut full-year forecasts due to timing delays and a setback in its space unit — but a record $1.1B backlog points to strong growth ahead.
Oracle Beats Wall Street Estimates as AI Cloud Revenue Surges 44% in Q3
Oracle beat Wall Street estimates in its fiscal Q3 2026 with $17.2 billion revenue, fueled by explosive demand for AI cloud services. The tech giant raised its 2027 guidance and saw strong growth in infrastructure bookings.
Salesforce to Borrow $25 Billion – Its Largest Debt Deal Ever – to Fund Massive Buyback
Salesforce eyes up to $25B in bonds—its largest ever—to fund share buybacks, amid AI worries and credit downgrades from Moody's and S&P.
Boeing Pauses Some 737 MAX Deliveries Over Minor Wire Scratches
Boeing fixes minor wire scratches on undelivered 737 MAX planes due to a machining mistake. No immediate safety risk, quick repairs ahead, and deliveries still on track for the year despite a short-term slowdown.