US Foods terminates potential merger with Performance Food Group, reaffirms growth targets, and unveils $250M accelerated share repurchase plus new $1B buyback authorization.
Wedbush upgrades Carvana to Outperform with a new $400 price target, saying the recent pullback is overdone and offers a strong risk/reward opportunity.
BofA upgrades Booking Holdings to Buy with a $6,000 target, saying AI-related concerns are overblown and the recent selloff offers a buying opportunity.
BMO Capital upgrades MP Materials to Outperform, citing strategic importance and an appealing valuation despite lower rare earth prices.
JPMorgan upgrades CleanSpark and Cipher Mining to Overweight, citing attractive entry points, strong computing capacity, and growing demand for high-performance compute deals.
Alibaba's (BABA) Qwen AI assistant reaches 10 million downloads within a week of launch, competing with ChatGPT in China's growing consumer AI market.
