January 16, 2026 9:05 am
Key Moments Ralph Lauren (NYSE: RL) advanced to $369.15, gaining 1.73% and beating the S&P 500’s 0.26% rise in the latest session. Consensus forecasts point to quarterly EPS of $5.74 and revenue of $2.31 billion, implying year-over-year growth of 19.09% and 7.89%, respectively. RL carries a Zacks Rank #3 (Hold), with its consensus EPS estimate […]
Read moreJanuary 15, 2026 3:15 pm
Key Moments Applied Materials Inc (NASDAQ:AMAT) rises 8% in premarket trading after Barclays upgrades the stock to Overweight from Underweight. Barclays says China-related risks are already priced in, while rising foundry and DRAM investment boosts AMAT’s relative appeal. The bank highlights Nvidia, Micron, KLA, MTSI, and Corning as preferred AI infrastructure plays, while taking a […]
Read moreJanuary 15, 2026 1:58 pm
Key Moments Wells Fargo set out its 2026 semiconductor outlook with a broad slate of stock upgrades across chips, memory, and equipment. AMD was designated the firm’s top pick, while Broadcom, Lam Research, KLA, Analog Devices, and Monolithic Power Systems all received Overweight ratings. The bank now projects 2026 semiconductor industry revenue of $1.02 trillion, […]
Read moreJanuary 15, 2026 1:22 pm
Key Moments U.S. equity futures inched higher as investors evaluated fresh bank earnings alongside easing geopolitical concerns. Taiwan Semiconductor Manufacturing (NYSE:TSM) surged 6.2% in premarket action after reporting stronger-than-expected fourth-quarter net profit driven by artificial intelligence demand. Boston Scientific (NYSE:BSX) dropped 3.5% after unveiling a roughly $14.5 billion agreement to acquire Penumbra to broaden its […]
Read moreJanuary 15, 2026 10:15 am
Key Moments Intuit shares fell more than 6% on Wednesday and are down nearly 10% so far this year, tracking broader weakness in technology stocks. However, Jefferies analysts said the recent selloff linked to AI concerns is “overdone” and reiterated Intuit as a top large-cap software pick. Meanwhile, Intuit is targeting a multi-year acceleration toward […]
Read moreJanuary 15, 2026 9:19 am
Key Moments Amazon Web Services (NASDAQ:AMZN) announced the general availability of the AWS European Sovereign Cloud, built as an independent infrastructure for Europe. Amazon plans to invest more than €7.8 billion in the AWS European Sovereign Cloud in Germany, with the investment expected to support an average of 2,800 full-time equivalent jobs annually. The company […]
Read moreJanuary 15, 2026 8:02 am
Key Moments FINRA’s updated reporting rules for fractional share trades will take effect on February 23 for NMS stocks. Member firms must complete both a whole-share “Quantity” field and a new “Fractional Share Quantity” field with up to six decimal places. Firms that do not offer fractional trading will continue reporting trades as they do […]
Read moreJanuary 15, 2026 7:30 am
Key Moments Microsoft agreed to buy 2.85 million U.S. soil carbon credits from Indigo Carbon in a 12-year deal, marking a record-sized transaction. According to a source familiar with the terms, the deal is valued between $171 million and $228 million, based on past prices of $60 to $80 per ton. Farmers in the program […]
Read moreJanuary 14, 2026 3:12 pm
Key Moments Bernstein raised its SanDisk (NASDAQ:SNDK) price target to $580, the highest on Wall Street, and named the stock a top pick for 2026. The target is based on an 11x multiple of fiscal 2027 EPS of $52.66, even as shares fell 1.2% to $385.13 early Wednesday. Bernstein sees a memory and storage supercycle […]
Read moreJanuary 14, 2026 2:43 pm
Key Moments: Bank of America reported fourth-quarter net income of $7.6 billion, or 98 cents per share, surpassing analysts’ expectations of 96 cents per share. Net interest income rose 9.7% year-over-year to a record $15.75 billion, with the bank projecting 7% NII growth in the current quarter. Sales and trading revenue increased 10% to $4.5 […]
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