Truist Upgrades Block Stock Amid Improved Risk/Reward Profile
Truist upgrades Block from Sell to Hold with $68 price target, citing improved risk/reward after recent stock pullback and stronger Square segment momentum.
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Mizuho Upgrades Rubrik Stock Despite Recent Pullback
Mizuho analyst upgrades Rubrik to Outperform with $97 price target, citing strong execution and favorable market position despite 16% stock decline.
Sinclair Builds Stake in E.W. Scripps, Eyes TV Station Merger
Sinclair acquires 8% stake in E.W. Scripps to push for merger deal. The broadcast TV consolidation could create larger competitor against streaming giants.
Google Soars on Buffett's Backing and Massive Texas Data Center Plans
Google stock jumps 5% as Berkshire Hathaway reveals $5.1B stake and company announces $40B investment in Texas data centers through 2027.
Morgan Stanley Downgrades Dell and HP on Memory Cost Concerns
Morgan Stanley cuts Dell and HP ratings, citing rising memory costs and weak demand threatening hardware maker profits through 2026.
Barrick Gold Considers Major Company Split Into Two Entities
Barrick Mining explores splitting into separate North American and Africa-Asia entities.