July 8, 2026 9:38 am
Key Moments The EU General Court in Luxembourg upheld the designation of Apple’s App Store and iOS as gatekeeper services under the Digital Markets Act. Judges rejected Apple’s challenges related to the App Store, iOS, and the admissibility of its complaint over iMessage, confirming regulators’ approach. Apple has the option to appeal on points of […]
Read moreJuly 8, 2026 9:26 am
Key Moments Occidental Petroleum (NYSE:OXY) climbed 3.8% in pre-market trading after a double upgrade from Evercore to Outperform from Underperform and a price target increase to $65 from $58. Evercore cited a materially de-levered balance sheet and structurally higher capital efficiency as reshaping OXY’s free-cash-flow profile, though its projected free cash flow per share CAGR […]
Read moreJuly 7, 2026 2:14 pm
Key Moments Plug Power Inc gained 1.5% in pre-market trading after securing a 50-megawatt electrolyzer contract for Australia’s Hunter Valley Hydrogen Hub. The project will use Plug’s GenEco PEM electrolyzers to produce approximately 4,700 tonnes of renewable hydrogen annually, reducing Orica’s natural gas usage at its Kooragang Island site. Stronger Q1 2026 results, including a […]
Read moreJuly 7, 2026 2:05 pm
Key Moments Bank of America reinstated coverage on Shopify with a Buy rating and a $150 price objective tied to AI-driven agentic commerce. Shopify shares rose 2.4% in U.S. premarket trading after the new rating, following a 25% year-to-date decline attributed to “platform bypass” concerns. BofA projects revenue growth of 28.3% in 2026 and 24% […]
Read moreJuly 7, 2026 1:48 pm
Key Moments Salesforce stock gained 1.9% in pre-market trading, moving to $168.74 from a prior close of $165.65. Guggenheim’s John DiFucci upgraded Salesforce from Neutral to Buy with a $228 price target, challenging a bearish AI narrative he described as a “hallucination.” Recent quarterly revenue reached $11.13 billion, with non-GAAP EPS surpassing consensus and management […]
Read moreJuly 7, 2026 1:37 pm
Key Moments Amazon.com plans to raise at least $25 billion via a U.S. dollar bond offering to support its AI investment strategy, according to Bloomberg News. A regulatory filing shows Amazon has prepared an eight-part mix of floating- and fixed-rate notes for the planned deal. The company previously aimed to raise $37 billion in March […]
Read moreJuly 7, 2026 10:18 am
Key Moments SanDisk shares declined 4.4% in pre-market trading after Samsung Electronics reported its Q2 2026 preliminary results. Samsung posted a record operating profit of 89.4 trillion won, but revenue of 171 trillion won came in below analyst expectations, sparking a “sell the news” reaction. Weakness extended across the memory chip sector, including Micron Technology […]
Read moreJuly 7, 2026 9:28 am
Key Moments Fiserv shares rose 6.3% in pre-market trading after reports said the company may sell its STAR Network to major U.S. banks. JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group have reportedly joined early talks to acquire the asset. FISV climbed from a previous close of $51.78 to $55.02 in […]
Read moreJuly 7, 2026 9:24 am
Key Moments Micron Technology stock declined 4.5% in pre-market trading following a sharp selloff in Samsung Electronics’ Seoul-listed shares. SK Hynix’s planned Nasdaq ADR listing on July 10 and a federal antitrust class-action lawsuit have weighed on investor sentiment toward Micron. Despite recent weakness, UBS reiterated a Buy rating and Citi placed Micron on a […]
Read moreJuly 6, 2026 2:14 pm
Key Moments Wolfe Research reduced its Microsoft (NASDAQ:MSFT) price target to $525 from $570 while reiterating an Outperform rating. Fiscal 2027 capital expenditure forecast was raised to $270 billion from $230 billion, driving Wolfe’s FY27 free cash flow estimate to negative $17.4 billion. FY27 gross margin and EPS projections were cut, but Wolfe continues to […]
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