August 20, 2026 12:00 pm
Key Moments Bernstein raised Analog Devices (NASDAQ:ADI) to Outperform from Market Perform and increased its price target to $465 from $430. Fiscal third-quarter revenue of $4.022 billion and EPS of $3.45 exceeded Street estimates of $3.922 billion and $3.35, with strength across all segments. Fourth-quarter guidance also surpassed consensus, with Bernstein now viewing the stock’s […]
Read moreAugust 20, 2026 11:46 am
Key Moments Walmart stock fell 6.3% in pre-market trading to $107.08 after reporting Q2 fiscal 2027 results. U.S. comparable-store sales rose 2.6%, well below Wall Street expectations for 3.8% growth. Q3 adjusted EPS guidance of $0.62 to $0.64 pointed to a flattening earnings trajectory despite a full-year guidance increase. Mixed Q2 Results Trigger Sharp Pre-Market […]
Read moreAugust 20, 2026 9:02 am
Key Moments Merck & Co. (NYSE:MRK) is down 1.1% in pre-market trading after a sharp rally to a new 52-week high of $153.50 in the prior session. The move follows Phase 3 INTerpath-001 results showing Merck and Moderna’s personalized mRNA cancer vaccine intismeran autogene plus Keytruda met primary and key secondary endpoints in over 1,100 […]
Read moreAugust 19, 2026 1:18 pm
Key Moments Amazon.com, Inc. (NASDAQ: AMZN) increased its northwest Louisiana data center investment from $12 billion to approximately $18 billion to develop a third campus. Amazon is fully funding associated electric and water infrastructure, including 100% of required substations and transmission upgrades and up to $400 million for municipal water and wastewater systems. Despite elevated […]
Read moreAugust 19, 2026 1:11 pm
Key Moments Moderna Inc shares climbed more than 90% in pre-market trading after a successful Phase 3 melanoma study with Merck. The INTerpath-001 trial met its primary endpoint of recurrence-free survival and a key secondary endpoint of distant metastasis-free survival. The study delivered the first positive Phase 3 result for both an individualized neoantigen therapy […]
Read moreAugust 19, 2026 12:59 pm
Key Moments Analog Devices reported third-quarter revenue of $4.02 billion, a 40% year-over-year increase and above estimates of $3.92 billion. The company projected fourth-quarter revenue of $4.3 billion, plus or minus $100 million, topping the consensus estimate of $4.07 billion. Fourth-quarter adjusted EPS is expected at $3.86, above analyst expectations of $3.54, while the stock […]
Read moreAugust 19, 2026 12:54 pm
Key Moments Marvell Technology shares jumped 12.7% in pre-market trading to $243.48 following a binding custom-chip agreement with Google. Google received a warrant to purchase up to 58.97 million Marvell shares at an exercise price of $206.58 per share. Analysts highlighted strength in Marvell’s data center business and maintained bullish ratings and targets ahead of […]
Read moreAugust 19, 2026 10:22 am
Key Moments Alphabet raised A$5.5 billion ($3.89 billion) in its first-ever Australian dollar bond offering, according to a term sheet seen by Reuters. The company issued 3-, 5-, 10- and 20-year bonds, with the longest tranche carrying a 6.9% coupon. Major tech firms are channeling capital markets to support AI-related investments, with firms expected to […]
Read moreAugust 19, 2026 10:12 am
Key Moments SoftBank Group plans to issue about 1 trillion yen in seven-year bonds to Japanese retail buyers, the largest such corporate sale ever attempted in Japan. Nvidia’s 5-year CDS spread reached 80.77 basis points as of August 19, having risen roughly 90% year-to-date and more than doubled since late May. Oracle’s 5-year CDS spread […]
Read moreAugust 19, 2026 9:33 am
Key Moments Jefferies upgraded Dollar Tree to Hold from Underperform as traffic trends showed clear signs of improvement. Second-quarter rolling foot traffic reached +1.4%, up from -0.8% in the first quarter, with July traffic at +4.5%. Jefferies lifted its second-quarter EPS estimate to $1.15 from $1.00, above the Street’s $1.12 forecast. Upgrade Driven by Better […]
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