Citi Bullish on Kodiak AI: First Mover in Autonomous Trucking
Citi gives Kodiak AI a Buy rating with $13.50 target. The autonomous trucking company is the first to earn commercial revenue from driverless trucks in the Permian Basin.
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iPhone 17 Launch Exceeds Expectations with 14% Sales Surge
Apple's iPhone 17 outsells iPhone 16 by 14% in first 10 days despite no AI upgrades. Strong demand in China for base model, US consumers favor Pro Max with carrier deals.
Skyworks Downgraded: Analyst Warns of iPhone Slowdown and China Headwinds
Mizuho downgrades Skyworks to Underperform, cutting price target to $60. Analyst cites iPhone unit decline, foldable delays, and fading China subsidies as key concerns.
Barclays Dramatically Cuts Rating on AST SpaceMobile Despite Strong Potential
Barclays downgrades AST SpaceMobile from Overweight to Underweight, maintaining $60 price target. Stock valuation concerns overshadow promising direct-to-cellular technology prospects.
Oracle Shares Surge After Revealing Strong AI Infrastructure Profit Margins
Oracle shares spike 4% after revealing 30-40% margins on AI infrastructure deals with OpenAI, Meta, and xAI. Company expects cloud revenue to hit $166B by 2030.
F5 Cybersecurity Breach Linked to Chinese State Hackers
Seattle-based F5 reveals catastrophic security breach. Nation-state hackers stole BIG-IP source code after year-long access. Stock drops 11% as CISA warns agencies.