Sigma Lithium Gets Bullish Upgrade from Bank of America
Bank of America upgrades Sigma Lithium to Buy: strong cash boost helps growth and eases short-term money worries.
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Wall Street Upgrades Wingstop Stock After 44% Drop
Raymond James upgrades Wingstop to Strong Buy with $240 target, while Piper Sandler raises it to Overweight at $190.
Amazon Eyes Globalstar Takeover to Challenge Starlink
Amazon is negotiating to acquire Globalstar to speed up its satellite internet project and compete with Elon Musk’s Starlink. Apple’s 20% stake adds complexity to the deal.
Blackstone and Bank of America Back Oracle’s $16 Billion Michigan AI Project
Oracle is finalizing a $16 billion deal—after months of stop-and-start negotiations—to build a massive AI data center in Michigan. Despite local pushback and Wall Street scrutiny, the project is moving forward rapidly with backing from Blackstone and BofA.
Wells Fargo Sees Sharp Recovery for Boeing – Starts with Overweight
Wells Fargo starts coverage on Boeing with an Overweight rating and $250 price target. Strong free cash flow recovery expected as MAX and 787 production ramps up.
Intel Soars After $14.2B Buyback of Irish Chip Factory
Intel will repurchase its 49% stake in Ireland’s Fab 34 from Apollo for $14.2B. Stock jumps as the chipmaker regains full control of key AI manufacturing site.