August 17, 2026 9:28 am
Key Moments Rothschild & Co Redburn raised its rating on Apple to Buy from Neutral and lifted its price target to $400 from $260. The firm expects a new foldable iPhone, priced at $2,199, to drive higher iPhone average selling prices and incremental unit growth by fiscal 2027. Analysts project iPhone revenue and total earnings […]
Read moreAugust 14, 2026 2:15 pm
Key Moments Wells Fargo lowered Roku (NASDAQ:ROKU) to Equal Weight from Overweight and reduced its price target to $165 from $167. The firm now projects 2026 and 2027 revenues of $5.76 billion and $6.45 billion, lifting prior forecasts by 3.8% and 4.6%, respectively. Roku’s second-quarter platform revenue increased 25% year over year to $1.22 billion, […]
Read moreAugust 14, 2026 1:44 pm
Key Moments Apple shares are trading at a 34.6x P/E, above the 28x three-year average, while one fair value model signals -9.4% downside to $276.63. Services revenue growth slipped below 10% year-over-year for the first time since the June 2023 quarter, missing at least one major estimate. Technical indicators point to near-term weakness despite a […]
Read moreAugust 14, 2026 1:33 pm
Key Moments Alphabet’s (NASDAQ:GOOGL) 2015 investment of $900 million in SpaceX grew to a disclosed value of about $94.2 billion as of June 30, based on a share price of $170.86. Following SpaceX’s $86 billion IPO in June, Alphabet emerged as the largest single institutional holder, with 551.2 million shares at the end of the […]
Read moreAugust 14, 2026 1:11 pm
Key Moments J.P. Morgan and Wells Fargo upgraded Fox Corp. to Overweight and raised their price targets to $82 and $80, respectively. Fox’s fourth-quarter television revenue climbed to $2.48 billion and segment EBITDA rose to $705 million, while Tubi revenue increased 35%. Both brokers project sizable EBITDA and advertising gains from the 2026 FIFA World […]
Read moreAugust 14, 2026 12:54 pm
Key Moments Intel CEO Lip-Bu Tan described new memory architecture as “one of my pet projects” during an August 13 podcast appearance, hinting at a potential return to the memory business. The comments follow Intel’s $20 billion common stock sale completed August 10 and the June 18 hiring of former SK Hynix CEO Seok-Hee Lee […]
Read moreAugust 14, 2026 11:47 am
Key Moments Reddit shares jumped 12.3% in pre-market trading after S&P Dow Jones Indices said the company will enter the S&P 500 on August 18. The stock traded at $177.56 in early action, up from a prior close of $158.12, but still below its 52-week high of $282.95. Reddit recently met S&P 500 profitability criteria […]
Read moreAugust 14, 2026 9:39 am
Key Moments SanDisk shares advanced 3.8% in pre-open trading, continuing a rally sparked by the company’s 2026 Investor Day. Management outlined targets for mid-to-high double-digit annual revenue growth in fiscal 2028-2030, with non-GAAP gross margins near 80% and adjusted free cash flow margins around 50%. JPMorgan resumed coverage with an Overweight rating and a $2,250 […]
Read moreAugust 14, 2026 9:29 am
Key Moments Applied Materials shares declined about 5% in premarket trading after issuing an upbeat quarterly outlook. The company projected fourth-quarter revenue of about $10.25 billion, topping the $9.54 billion consensus estimate, with margins seen steady at 50.4%. Despite strong gains this year, investors questioned Applied’s growth pace relative to peers in the wafer-fab-equipment market. […]
Read moreAugust 13, 2026 1:23 pm
Key Moments Wolfe Research downgraded Stryker to Peer Perform, highlighting a challenging second-half setup following a March cyber incident. The firm upgraded Abbott Laboratories to Outperform with a $130 price target, pointing to what it views as a stronger 2027 outlook. Stryker’s guidance indicates 54% of full-year revenue is expected in the second half, while […]
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