July 20, 2026 1:16 pm
Key Moments Baird reiterated its Outperform rating on Yum Brands even as a parasite outbreak linked to Taco Bell suppliers raised near-term U.S. comp sales risks. The firm estimated that a 500 basis point hit to Taco Bell U.S. comps for the rest of the year could trim its 2026 EPS forecast by $0.05 to […]
Read moreJuly 20, 2026 11:42 am
Key Moments Front-month CME live cattle futures declined for a 15th consecutive session, pressured by weaker cash cattle prices and softer seasonal beef demand. CME August live cattle settled at 224.425 cents per pound, while August lean hogs finished at 101.650 cents per pound after touching their highest level since May 20. USDA reported choice […]
Read moreJuly 20, 2026 8:57 am
Key Moments IndiGo selected Honeywell Aerospace avionics and power systems for 810 Airbus A320neo-family aircraft. Aeromexico plans to implement Honeywell’s SURF-A runway safety technology across more than 100 Boeing 737 NG and 737 MAX jets. Certification of SURF-A on several Boeing aircraft by the U.S. Federal Aviation Administration is expected to start in the fourth […]
Read moreJuly 17, 2026 2:24 pm
Key Moments Investment banking and trading income increased nearly 72% for the quarter ended June 30 compared with a year earlier. Quarterly net income available to common shareholders rose to $1.52 billion, or $1.23 per share, from $1.18 billion, or $0.90 per share. Wealth management income for the second quarter grew 7.8% as the bank […]
Read moreJuly 17, 2026 2:00 pm
Key Moments Microsoft (MSFT) is trading at $401.10 with a Fair Value estimate of $479.61, implying 19.6% upside and a $2.98T market capitalization. Azure, AI monetization, and robust profitability metrics underpin the bullish view, while soaring CapEx, regulatory pressure, and execution risks fuel the bear case. The core debate centers on whether annual CapEx above […]
Read moreJuly 17, 2026 1:48 pm
Key Moments Intuitive Surgical stock fell 9.5% in pre-market trading to $364.27 following a Q2 2026 earnings beat. U.S. da Vinci procedure growth slowed to 12% in Q2 from 14% in Q1, raising concern among investors. Stifel cut its price target on Intuitive Surgical to $550 from $670, while maintaining a Buy rating. Market Reaction […]
Read moreJuly 17, 2026 1:26 pm
Key Moments HSBC upgraded Apple to Buy from Hold and lifted its price target to $366 from $260, citing an “operational turning point.” The bank raised its 2027-28 group revenue forecasts by 7-9%, including 11-13% higher iPhone sales estimates and a 5.4% increase to its 2027 Services revenue estimate. HSBC’s new price target implies about […]
Read moreJuly 17, 2026 10:53 am
Key Moments Semiconductor-led selling dragged Asian markets sharply lower, with Taiwan’s stock market plunging more than 6% and Japan’s Nikkei falling 4%. Oil prices climbed again, putting Brent at $84.75 and U.S. crude at $79.8 per barrel, with both benchmarks on track for weekly gains of more than 11%. The dollar held broadly steady as […]
Read moreJuly 17, 2026 10:45 am
Key Moments Netflix shares fell 9.2% in premarket trading after the company issued another weaker-than-expected earnings forecast. The company projected quarterly earnings per share and revenue below analyst expectations for a second consecutive quarter, prompting at least 11 price target cuts. Netflix plans to reduce the frequency of its viewing-hours report to once a year […]
Read moreJuly 16, 2026 1:01 pm
Key Moments Abbott’s second-quarter adjusted earnings per share reached $1.31, topping the $1.28 consensus estimate. Total quarterly revenue was $12.59 billion, ahead of expectations of $12.5 billion, with medical devices and diabetes care driving growth. The company raised its 2026 adjusted earnings forecast to a range of $5.45 to $5.60 per share from a prior […]
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