QXO Secures $1.2 Billion Apollo Investment for Building Products Expansion
QXO lands $1.2B investment from Apollo Global Management to fund acquisitions in building products distribution, with convertible preferred stock deal extending through 2026.
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BofA Upgrades Duolingo: Buy Rating Despite Lower Price Target
Bank of America upgrades Duolingo to Buy, citing strong entertainment value and high subscriber retention despite a lower price target.
Enphase Energy Upgraded as Risks Appear Priced In
KeyBanc upgrades Enphase Energy to Sector Weight, saying major risks are already priced in, with limited downside and potential upside from strategic changes.
Jefferies Shifts Software Strategy for 2026: IBM Upgraded, Adobe Downgraded
Jefferies updated its 2026 software outlook, upgrading IBM to Buy and downgrading Adobe to Hold as it favors infrastructure over applications amid slower growth and gradual AI monetization.
Wall Street Turns Bullish on ASML, TSMC, and Arista Networks
Major investment banks upgrade ASML, TSMC, and Arista Networks, citing AI growth, a coming memory chip super cycle, and stronger enterprise spending through 2026 and 2027.
Northland Names Serve Robotics a Top Pick for 2026
Northland highlights Serve Robotics as a top 2026 investment, citing breakthroughs in virtual driver tech and potential 150% upside.