Polyethylene Surge Boosts Dow – JPMorgan Upgrades to Overweight
JPMorgan upgrades Dow Inc. to Overweight with a $40 price target, citing sharp polyethylene price gains from energy disruptions due to the Iran conflict and Strait of Hormuz issues.
JPMorgan upgrades Dow Inc. to Overweight with a $40 price target, citing sharp polyethylene price gains from energy disruptions due to the Iran conflict and Strait of Hormuz issues.
Gap delivered 8 straight quarters of positive sales growth and launched a $1B buyback, but tariffs and cautious profit forecasts sent shares tumbling nearly 8%.
Samsara reported strong Q4 results with EPS and revenue beating Wall Street forecasts. Guidance for Q1 and full-year 2027 also tops expectations.
Marvell Technology beats Q4 estimates slightly and issues upbeat Q1 outlook of $2.4B revenue, topping expectations. AI demand fuels surge as shares rise up to 10% after hours.
Junyang Lin, key architect of Alibaba's leading open-source Qwen AI models, has resigned unexpectedly after the Qwen 3.5 launch. This leadership change raises questions about Alibaba's AI strategy amid multiple senior departures.
Six Flags is selling seven amusement parks to EPR Properties for $331 million. This move streamlines operations, pays down debt, and boosts focus on top-performing parks.