JPMorgan Boosts Coinbase Rating, Eyes $34B Base Token Opportunity
JPMorgan upgrades Coinbase to overweight with $404 price target, citing potential Base token worth up to $34B and new revenue streams from USDC yields.
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P&G Beats Expectations as Beauty Products Drive Growth Despite Price Hikes
Procter & Gamble reports stronger-than-expected Q1 results with 2% organic growth, driven by beauty and grooming sales as consumers accept premium pricing strategy.
Google to Supply 1 Million AI Chips to Anthropic in Tens-of-Billions Deal
Google will provide up to 1 million TPU chips to Anthropic in a multi-billion dollar deal, delivering over 1 gigawatt of AI computing capacity by 2026 in the escalating AI infrastructure race.
Nextracker Q2 Earnings Surge, Raises FY26 Outlook, Forms MENA JV
Nextracker reports stellar Q2 2026 financial results, raising full-year guidance, and forming the strategic Nextracker Arabia joint venture with Abunayyan Holding to localize solar manufacturing across the MENA region.
Deckers Outdoor Misses Sales Forecast Amid Economic Uncertainty
Deckers Outdoor falls short of fiscal 2026 sales estimates as consumer spending weakens and tariff concerns impact the Hoka and UGG parent company.
Ford Faces $2 Billion Profit Hit After Supplier Fire Despite Strong Q3 Results
Ford Motor Co. expects up to a $2 billion profit loss after a major fire at aluminum supplier Novelis disrupted production of F-150 pickups. Despite this setback, Ford posted strong third-quarter earnings and record sales.