China Robotaxi 'Inflection Point': Citi Initiates Coverage
Citi initiated "Buy" coverage on leading China robotaxi operators, WeRide and Pony AI, predicting massive market growth through 2035, signaling an industry inflection point.
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Deutsche Bank Upgrades Lam Research to Buy: 'Cyclical and Secular Tailwinds'
Deutsche Bank upgraded Lam Research to Buy, citing strong market trends including improved memory supply/demand and momentum at key foundries.
Occidental Petroleum Divests OxyChem to Reduce Debt
Buffett-backed Occidental Petroleum is preparing its largest-ever asset sale, aiming to sell its massive OxyChem division for an estimated $10 billion. This move is critical to help the company reduce its heavy debt burden.
Electronic Arts Nearing Potential Record $50 Billion Leveraged Buyout
Videogame giant Electronic Arts is nearing a deal to go private in what could become the largest leveraged buyout (LBO) in history, valued at up to $50 billion and backed by investors including Silver Lake and Saudi Arabia's Public Investment Fund.
Tesla’s AI Future: Why Analysts Are Raising Stock Targets
Wedbush raises Tesla stock target to $600, predicting massive $3T growth driven by AI, self-driving tech, and Optimus robots.
AppLovin: UBS Raises Price Target to $810
UBS hiked AppLovin's stock target to $810, calling it a "top pick". They expect better Axon 2.0 tech and solid advertiser demand.