Price: $14.35, Change: $-0.18, Percent Change: -1.24%
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Solaris Energy Infrastructure Set to Expand Capacity Despite Supply Chain Concerns, Morgan Stanley Says
Solaris Energy Infrastructure (SEI) is expected to continue to expand capacity despite facing a tight supply chain in the near term, Morgan Stanley analysts said in a Thursday note.Analysts said that the company will reach 3.2 gigawatts delivered by 2029, with roughly 1 gigawatt under shorter-term contracts or available for new contracts.Morgan Stanley said that Solaris' three long-term contracts with hyperscalers significantly enhance its credit profile and improve financial flexibility.Analysts said that Solaris' Q3 guidance is "conservative" and expects the company to beat it.Morgan Stanley retained an overweight rating on the stock and increased its price target to $90 from $81.Price: $74.61, Change: $+0.41, Percent Change: +0.55%
$SEI
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CrowdStrike Sees 'Materially Stronger' Demand Into H2 With Fiscal 2027 ARR Guidance Raised, Morgan Stanley Says
CrowdStrike (CRWD) management sees "materially stronger" demand into H2 with the company raising its fiscal 2027 net new annual recurring revenue guidance by $52 million, despite a thin ARR beat in the Q1, Morgan Stanley said in a Thursday note.Morgan Stanley said management has pulled forward investor expectations for a stronger H2, aided by AI-driven demand, record pipeline commentary, and broad-based platform momentum.With CrowdStrike's stock trading lower following its "relatively skinnier" net new ARR beat in Q1, Morgan Stanley said it views any weakness as a potential opportunity to buy shares."These Q1 results reinforce our view that CrowdStrike is increasingly benefiting from the convergence of AI adoption, platform consolidation, and growing enterprise demand for cybersecurity as foundational AI infrastructure," according to the note.Morgan Stanley raised its price target to $690 from $610 and maintained its overweight rating.Price: $680.00, Change: $-67.61, Percent Change: -9.04%
$CRWD
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Market Chatter: HSBC, Standard Chartered, Prudential Slide on China Offshore Account Restrictions Report
Shares of HSBC (HSBC), Standard Chartered and Prudential fell in London on Thursday after a report said mainland Chinese residents are facing greater constraints on opening offshore investment accounts through major Hong Kong banks.The South China Morning Post reported that the Shanghai branch of Bank of East Asia suspended its witness service for opening Hong Kong investment accounts, amid tighter oversight of capital outflows by Chinese authorities.The report also said the Hong Kong Monetary Authority instructed banks to require customers to declare that funds used in investment accounts originated outside mainland China.While HSBC staff in Shanghai told the news outlet that witness services remain available, they cautioned that funds deposited into investment accounts must comply with Hong Kong regulatory requirements.HSBC, Standard Chartered and Prudential did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $91.50, Change: $-2.14, Percent Change: -2.29%
$HSBC