Morgan Stanley Lowers Tesla Rating Despite Long-Term Optimism
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.
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Anheuser-Busch Buys Majority Stake in BeatBox RTD Brand
Anheuser-Busch acquires 85% of BeatBox, a fast-growing ready-to-drink beverage brand, for up to $490M to expand its Beyond Beer portfolio with bold Party Punch flavors.
Needham Initiates Buy on Centrus Energy with $357 Price Target
Needham starts coverage of Centrus Energy with a Buy rating, highlighting its role in U.S. nuclear fuel security and strong growth potential.
Parsons Stock Drops After Losing Air-Traffic Control Contract
Parsons (PSN) shares fell after losing the $12.5B air-traffic control modernization contract to Peraton, disappointing investors who expected the company to win.
Victoria's Secret Crushes Earnings Expectations, Raises Full-Year Outlook
Victoria's Secret reports strong Q3 results with 9% sales growth and 8% comparable sales increase, signaling successful turnaround under CEO Hillary Super amid resilient consumer spending.
Wells Fargo Upgrades Unity on Strong 2026 Mobile Ad Outlook
Wells Fargo upgrades Unity to Overweight with a new $51 price target, citing strong 2026 mobile game advertising tailwinds and growth potential.