July 16, 2026 11:17 am
Key Moments Etsy shares are down 3.1% in pre-market trading amid a series of cautious analyst calls. BTIG cut its rating from Buy to Neutral after the stock climbed roughly 55% in 2026 and moved about 10% above its prior $78 target. Insiders, including CEO Josh Silverman and a company director, have sold tens of […]
Read moreJuly 16, 2026 11:09 am
Key Moments Citi projects combined 2027 capital expenditures of $801 billion for Alphabet, Meta Platforms, and Amazon, with all three expected to post negative free cash flow in 2027 and 2028. The bank now forecasts 2027 capex of $308 billion for Alphabet, $205 billion for Meta, and $288 billion for Amazon, following sizable upward revisions. […]
Read moreJuly 16, 2026 9:21 am
Key Moments AtaiBeckley shares climbed as much as 53% in premarket trading on Thursday after reports of takeover talks with Eli Lilly. BMO Capital Markets analyst Evan David Seigerman said a deal would give Eli Lilly differentiated exposure in psychiatry beyond its cardiometabolic focus. The potential transaction could bring Eli Lilly a late-stage neuropsychiatric asset […]
Read moreJuly 15, 2026 1:54 pm
Key Moments Check Point Software Technologies shares fall nearly 5.0% in pre-market trading after a downgrade from Raymond James. Raymond James cites weakening bookings, emerging customer churn, and execution issues tied to personnel changes. The decline follows a roughly 27% six-month slide and disappointing first-quarter 2026 product revenue ahead of Q2 results on July 30. […]
Read moreJuly 15, 2026 1:29 pm
Key Moments BlackRock stock climbed 3.9% in pre-open trading after releasing second-quarter results that exceeded forecasts on all major financial metrics. Assets under management rose to a record $15.34 trillion in Q2 2026, supported by $192 billion in net client inflows. Adjusted EPS reached $13.91 versus a consensus of approximately $12.57, while revenue increased 31% […]
Read moreJuly 15, 2026 1:24 pm
Key Moments Conagra Brands (NYSE:CAG) is falling 4.6% in pre-market trading to $13.50 after issuing fiscal 2027 guidance below analyst expectations. The company forecast full-year adjusted EPS of $1.40-$1.50 and a 1%-3% decline in organic net sales, versus a 0.4% decline in fiscal 2026. The board approved a 50% cut to the quarterly dividend to […]
Read moreJuly 15, 2026 1:15 pm
Key Moments Allstate stock declined 0.9% in pre-market trading after downgrades from UBS and HSBC. UBS and HSBC both cut their ratings but raised price targets to $261 and $264, signaling limited near-term upside. Sector sentiment weakened as Progressive Corp sold off on a deteriorating combined ratio and higher catastrophe losses. Pressure Builds on Allstate […]
Read moreJuly 15, 2026 1:11 pm
Key Moments Allstate stock declined 0.9% in pre-market trading after downgrades from UBS and HSBC. UBS and HSBC both cut their ratings but raised price targets to $261 and $264, signaling limited near-term upside. Sector sentiment weakened as Progressive Corp sold off on a deteriorating combined ratio and higher catastrophe losses. Pressure Builds on Allstate […]
Read moreJuly 15, 2026 1:00 pm
Key Moments Pentair shares fell 18.1% in pre-market trading to $62 after the company issued a sharply weaker preliminary Q2 2026 update. Management now expects Q2 2026 sales of about $930 million and has reduced full-year 2026 adjusted EPS guidance to $4.60–$4.80. CFO Nicholas Brazis left the company on July 10, 2026, and former CFO […]
Read moreJuly 15, 2026 10:34 am
Key Moments Oracle (NYSE:ORCL) rose 1.4% in premarket trading after a report that it is leading negotiations to provide cloud services to Japan. The Financial Times reported that Oracle is currently ahead of Amazon Web Services, Microsoft, and Google in talks to supply cloud infrastructure to the Japanese government. Japan has not yet made a […]
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