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Microsoft Drops on Cost Pressures and AI Fears

July 9, 2026 1:10 pm
Key Moments MSFT trades at $377.86 in pre-market action, down 1.4%, following a price target reduction from BMO Capital. Starbucks is developing AI tools to replace Microsoft inventory software as part of a $2 billion cost-cut effort, raising enterprise revenue concerns. Microsoft plans to raise Xbox console prices by up to $150 per unit from […] Read more

Meta Stock Slips as AI Spending Plans Dwarf Chip Milestone

July 9, 2026 1:04 pm
Key Moments Meta Platforms (NASDAQ:META) shares fell 2.6% Thursday morning as investors focused on the scale of its planned AI infrastructure spending. The company intends to start producing its in-house “Iris” AI data center chip in September as part of a four-generation Meta Training and Inference Accelerators (MTIA) roadmap. An internal memo indicated Meta could […] Read more

Mattel Faces Pressure After Goldman Sachs Downgrade

July 9, 2026 12:58 pm
Key Moments Goldman Sachs lowered Mattel’s rating to Sell from Neutral and cut its price target to $12, pressuring the stock in premarket trading. The new $12 target is based on 8x 2027 estimated EPS, down from a 10.0x multiple, and trails the roughly 10% upside Goldman sees across its broader Entertainment coverage. Analysts highlighted […] Read more

PepsiCo Falls as EPS Miss Offsets Revenue Beat

July 9, 2026 12:45 pm
Key Moments PepsiCo shares fell 1.8% in pre-market trading after second-quarter 2026 adjusted EPS of $2.20 narrowly missed the $2.21 analyst consensus. Revenue reached $24.18 billion, topping the $23.97 billion estimate and growing 6.4% year over year, with organic revenue up 2.4%. North America food sales declined 2% as price cuts of up to 15% […] Read more

Bloom Energy Gains as It Challenges Short Claims

July 9, 2026 12:36 pm
Key Moments Bloom Energy (NYSE:BE) stock increased 6% on Thursday morning after the company publicly rejected a short-seller report. The company called Hunterbrook Media LLC’s July 8, 2026 report on its financials and accounting “false and misleading” and pointed investors to its SEC filings. Bloom Energy said it has adequate scandium oxide supply, is not […] Read more

Target Stock Climbs on Beauty Strategy Shift

July 8, 2026 1:44 pm
Key Moments Target (NYSE:TGT) rose 2.8% in pre-open trading, extending gains driven by company-specific catalysts under CEO Michael Fiddelke. Roughly 600 Ulta Beauty shop-in-shop locations are set to be converted into Target Beauty Studios this fall, a move analysts view as a strategic push in beauty. Q1 2026 results showed $25.44 billion in net sales […] Read more

Nvidia Underperforms as BofA Sees Buying Opportunity

July 8, 2026 1:12 pm
Key Moments Nvidia’s stock is up just 3% year-to-date while the Philadelphia Semiconductor Index has gained 82%, according to Bank of America. Bank of America reiterated its Buy rating and $350 price target, arguing that concerns about margins, ASIC competition, ownership, and capital deployment are overstated. The firm expects Nvidia’s gross margins to remain around […] Read more

Exxon Mobil Jumps as Oil Rally Lifts Outlook

July 8, 2026 12:56 pm
Key Moments Exxon Mobil Corp (NYSE:XOM) climbed 2.0% in pre-open trading to $144.60, trading above its prior close of $141.69. The company’s July 7, 2026 8-K signaled Q2 earnings roughly $5 billion above Q1, with analysts estimating about $15.7–$15.9 billion in adjusted net income. Heightened tensions in the Strait of Hormuz and the Trump administration’s […] Read more

Chevron Rises as Geopolitical Tensions Lift Oil

July 8, 2026 12:13 pm
Key Moments Chevron stock rose 1.6% in pre-market trade after attacks on merchant vessels in the Strait of Hormuz sent crude prices sharply higher. The U.S. revoked a general license for Iranian crude exports, with a July 17 deadline to unwind existing deals, tightening perceived global supply. Recent analyst upgrades and favorable sector dynamics helped […] Read more

Dollar Tree Gains on Analyst Upgrades and Insider Buying

July 8, 2026 11:59 am
Key Moments: DLTR shares have edged up 0.1% in pre-market trading, in contrast to declines in major U.S. indices JPMorgan, Raymond James, and Goldman Sachs have all raised their price targets or upgraded Dollar Tree Board member Cheryl Grisé purchased approximately $149,000 of company stock on July 7 Analyst Upgrades Fuel Positive Momentum Dollar Tree […] Read more