Yext CEO Drops $9/Share Buyout Plan, Company to Repurchase $150M in Stock
Yext CEO Michael Walrath withdraws his $9-per-share acquisition proposal due to financing challenges, while the company announces a $150 million stock buyback program.
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William Blair Upgrades Palantir Ahead of Earnings
Analyst Louie DiPalma upgrades Palantir to Outperform, citing continued momentum, strong government support, and potential growth in AI-related markets.
JPMorgan Downgrades PTC Stock on Growth Concerns
JPMorgan cuts PTC to Underweight from Neutral, lowering its price target to $162 and warning about slower growth and higher disruption risk.
Nvidia Confirms Investment in OpenAI Despite Scrapping $100 Billion Deal
Nvidia CEO Jensen Huang says the chip giant will invest in OpenAI's funding round, calling it their largest investment ever, though far less than the initially proposed $100 billion infrastructure deal.
Wells Fargo Defends AMD as MI450 Delay Fears Weigh on Shares
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
Microsoft's Record AI Spending Sparks Investor Concerns Despite Strong Revenue Growth
Microsoft's Q2 2026 earnings show 17% revenue growth to $81.3B, but record $37.5B AI spending and heavy OpenAI reliance send shares tumbling 7% as investors question ROI timeline.