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.
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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.
FAA to Ease Restrictions on Boeing Aircraft Deliveries
Federal regulators are easing restrictions on Boeing, allowing the company to resume certain safety checks and potentially boost 737 MAX production following years of strict oversight imposed after safety crises.