May 27, 2026 8:34 am
Key Moments Semafor reported that U.S. antitrust officials appear prepared to clear Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery following a two-hour Justice Department meeting. Paramount CEO David Ellison reiterated at the meeting a commitment to theatrical film releases, which DOJ staff attorneys reportedly viewed favorably. Paramount has offered Warner Bros. shareholders a […]
Read moreMay 27, 2026 8:27 am
Key Moments Goldman Sachs increased its 2026 year-end S&P 500 target to 8,000 from 7,600, reflecting confidence in earnings strength. The new target stands 6.4% above the index’s most recent close of 7,519.12. Revised earnings-per-share projections now point to $340 in 2026 and $385 in 2027, implying 24% and 13% year-on-year growth, respectively. Updated Index […]
Read moreMay 27, 2026 8:11 am
Key Moments New EU car registrations increased 5.1% year-on-year in April to 972,314 vehicles, with battery-electric models up 37.7%. Tesla (NASDAQ:TSLA) boosted its EU registrations by 67.2% in April to 9,169 vehicles, lifting its regional market share to 0.9%. For the first four months of 2026, battery-electric vehicles accounted for 19.7% of EU car registrations, […]
Read moreMay 26, 2026 2:31 pm
Key Moments Alphabet (NASDAQ: GOOGL) introduced Gemini 3.5 Flash, Omni, Gemini Spark, and Antigravity 2.0 at its Google I/O 2026 developer conference on May 19. GOOGL is trading near $387, up nearly 25% year-to-date, with a consensus analyst rating of Moderate Buy and a $412.65 average price target. Analysts are watching for signs that Alphabet’s […]
Read moreMay 26, 2026 1:19 pm
Key Moments Weaker-than-expected Q2 and FY2027 guidance coincided with a technical top in WMT, with a potential pullback of $10 or more flagged by recent price action. Analyst coverage remains constructive, with 34 analysts assigning a consensus Buy rating, a 94% Buy-side tilt, and a $139 price target. At 44 times current-year earnings and 24 […]
Read moreMay 26, 2026 12:51 pm
Key Moments AppLovin shares rose 5.0% in pre-market trading and reached $505.98 ahead of the AXON platform launch. The company plans to open its Axon advertising platform to all global advertisers in June 2026. This will end 14 years as a closed system. Edgewater Research sees lower near-term risk from Meta’s no-IDFA bidding plans. As […]
Read moreMay 26, 2026 12:38 pm
Key Moments BP PLC ADR (NYSE:BP) declined 5.2% in premarket trading after the board removed Chair and Director Albert Manifold with immediate effect. The board unanimously appointed Ian Tyler as Interim Chair while it begins a succession process for a permanent replacement. BP did not disclose specific details about the governance issues that triggered Manifold’s […]
Read moreMay 26, 2026 12:32 pm
Key Moments Micron Technology (NASDAQ:MU) climbed 6.3% in premarket trading to $798.37 after UBS sharply increased its price target to $1,625 from $535. UBS projects earnings per share of $155, $167 and $117 for calendar years 2027, 2028 and 2029, respectively, supported by long-term supply agreements across the memory industry. Mizuho reiterated its Outperform rating […]
Read moreMay 26, 2026 9:49 am
Key Moments Bank of America selected Texas Instruments, Analog Devices, and ON Semiconductor as preferred names in AI-focused power semiconductors, citing long-term growth in industrial and auto markets. BofA lifted price objectives for Texas Instruments to $370 and ON Semiconductor to $138, reflecting expectations for strong AI-driven revenue expansion through CY28. All three companies are […]
Read moreMay 26, 2026 9:22 am
Key Moments Dow Jones futures gain 0.53% above 50,900 in European trading ahead of the US session. Market participants price in nearly a 41.0% chance of a 25-basis-point Fed rate hike by year-end. Traders monitor US-Iran tensions, with the US reporting self-defense strikes and talks described as “proceeding nicely.” Futures Advance Despite Geopolitical Tensions US […]
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