FICO Revolutionizes Mortgage Scoring: Direct Licensing and Pricing Transparency for Lenders
FICO sells mortgage scores directly to lenders, cutting out credit bureaus. This seeks price transparency & savings but hurt bureau stock.
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First Solar Gains After Jefferies Price Target Hike
First Solar stock rose after a PT hike ($260) by Jefferies. Capacity is sold out until 2028. Almost all analysts say buy.
Chip Giants Intel and AMD Discuss Surprise US Manufacturing Partnership
Chip rivals Intel and AMD are in talks for Intel to make some of AMD's chips in the US. Intel needs a win, but its tech lags TSMC.
Amazon is Doubling Down on Groceries with a New Private-Label Collection
Amazon launched Amazon Grocery, a new private-label food brand (1000+ items) replacing Fresh/Happy Belly. Most items are under $5. Rivals slipped.
Reddit Stock Impacted by User and ChatGPT Data Decline
"Reddit stock is stressed." Daily users are declining, and ChatGPT cites Reddit content much less, dropping from 29.2% to 5.3%, according to RBC Capital.
AeroVironment: Defense Tech, Major Contracts, and Sky-High Stock Ratings
AVAV won a huge $499M US Air Force contract for soldier safety gear (EMS protection). Analysts raised stock target price to $365 on high defense spending.