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American Express Teams Up With Mercantile, ASID to Launch Business Credit Card for Designers

American Express (AXP) has partnered with Mercantile and the American Society of Interior Designers, or ASID, to launch a business credit card for designers and small firms, Mercantile said Tuesday.The business card will be issued by Celtic Bank and run on the American Express Network, giving ASID members and partners access to Amex benefits and offerings, Mercantile said.Price: $311.08, Change: $-0.70, Percent Change: -0.22%

$AXP

Wire36d ago

Market Chatter: Alibaba, DeepSeek Top AI Professionals Face Overseas Travel Limits Imposed by China

Alibaba Group (BABA), DeepSeek, and other private technology enterprises are seeing their leading artificial intelligence experts face new overseas travel limits implemented by China, Bloomberg reported Tuesday, citing people familiar with the matter.Government authorities now require personnel involved in critical AI development to secure official clearance prior to leaving the country, the news outlet added.The implementation introduces potential recruitment and retention risks for domestic AI companies already navigating heightened state involvement following Beijing's push for Meta Platforms (META) to unwind its $2 billion purchase of Manus, the report added.Alibaba, DeepSeek, Meta Platforms, and China's Ministry of Industry and Information Technology did not immediately respond to' request 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: $129.29, Change: $-0.72, Percent Change: -0.55%

$BABA

Wire36d ago

Innovative Industrial Properties Repays $282 Million of Senior Notes

Innovative Industrial Properties (IIPR) repaid $282 million of its 5.50% Senior Notes due in May 2026, the company said Tuesday.The repayment was carried out via cash on hand, borrowings under its revolving credit facilities, and proceeds from recently closed term loans.Shares were down around 1.3% in recent trading.Price: $56.36, Change: $-0.70, Percent Change: -1.23%

$IIPR

Wire36d ago

Prothena Insider Bought Shares Worth $981,300, According to a Recent SEC Filing

William P Scully, 10% Owner, on May 22, 2026, executed a purchase for 100,000 shares in Prothena (PRTA) for $981,300. Following the Form 4 filing with the SEC, Scully has control over a total of 968,000 ordinary shares of the company, with 836,000 shares held directly and 132,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1559053/000104546326000004/xslF345X05/primary_doc.xmlPrice: $9.79, Change: $-0.04, Percent Change: -0.41%

$PRTA

Wire36d ago

Millicom International Cellular Shares Fall After Downgrade From UBS

Millicom International Cellular's (TIGO) shares were down 3.7% in Tuesday afternoon trading after UBS downgraded the company's stock to neutral from buy and raised its price target to $90 from $87.50.Trading volume stood at over 1.5 million shares against a daily average of more than 1.4 million.Price: $82.71, Change: $-3.13, Percent Change: -3.65%

$TIGO

Wire36d ago

BridgeBio Pharma Shares Fall After Raymond James Downgrade

BridgeBio Pharma (BBIO) shares were down 2.5% in Tuesday trading after Raymond James downgraded the company's stock to market perform from outperform.Trading volume stood at over 1.4 million shares, against a daily average of about 2.4 million.Price: $67.37, Change: $-1.75, Percent Change: -2.53%

$BBIO

Wire36d ago

Allient Shares Rise After JPMorgan Upgrade

Allient (ALNT) shares rose more than 11% in Tuesday trading after JPMorgan upgraded the stock to overweight from neutral, and raised its price target to $80 per share from $65.Trading volume stood at 143,680 shares, compared with a daily average of 205,505.Price: $70.50, Change: $+7.13, Percent Change: +11.24%

$ALNT

Wire36d ago

Cognex Shares Rise After JPMorgan Upgrade

Cognex (CGNX) shares were up 2.5% in Tuesday trading after JPMorgan upgraded the company's stock to overweight from neutral and adjusted its price target to $75 from $65.Trading volume stood at about 1.1 million shares, compared with a daily average of about 2.2 million.Price: $67.85, Change: $+1.76, Percent Change: +2.66%

$CGNX

Wire36d ago

BayCom Shares Fall After DA Davidson Downgrade

BayCom (BCML) shares fell 1.8% on Tuesday after DA Davidson downgraded the stock to neutral from buy with a price target of $34 per share.Trading volume stood at over 64,700 shares compared with a daily average of 41,176.Price: $30.45, Change: $-0.56, Percent Change: -1.81%

$BCML

Wire36d ago

Timken Shares Rise After JPMorgan Upgrade

Timken (TKR) shares were up over 6% in Tuesday trading after JPMorgan upgraded the stock to overweight from neutral, and raised its price target to $150 from $130.Trading volume stood at more than 1.2 million shares, against a daily average of about 860,000.Price: $127.45, Change: $+7.50, Percent Change: +6.25%

$TKR

Wire36d ago

Expand Energy Shares Fall After Barclays Downgrade

Expand Energy (EXE) shares fell 3.1% in afternoon trading Tuesday after Barclays downgraded the stock to equalweight from overweight with a price target of $127 per share.Trading volume stood at nearly 1.3 million shares, compared with a daily average of over 3.5 million.Price: $94.93, Change: $-3.01, Percent Change: -3.07%

$EXE

Wire36d ago

Burlington Stores Expected to Post Q1 Earnings Beat, UBS Says

Burlington Stores (BURL) is expected to report above-consensus Q1 comparable sales growth and earnings per share, but this is unlikely to boost share price as the market already has a similar view, UBS Securities said Tuesday.The company is set to post Q1 results before the market opens on Thursday.UBS said the stock is up 12% year-to-date, compared with a 9% gain for the S&P 500, driven by Q1 comparable sales and EPS expectations, Q2 revenue growth guidance of 8% to 10%, comparable sales guidance of 1% to 3%, and EPS guidance of $1.85 to $1.95, as well as market expectations that the company will flow through its Q1 EPS beat into the full-year 2026 outlook.UBS lifted its Q1 EPS forecast to $1.90 from $1.70, driven by stronger sales and less margin contraction than previously expected.UBS kept a buy rating on Burlington Stores with a price target of $430.Price: $325.10, Change: $+0.59, Percent Change: +0.18%

$BURL

Wire36d ago

Tectonic Therapeutic Shares Rise After Raymond James Upgrade

Tectonic Therapeutic (TECX) shares rose 4% in Tuesday afternoon trading after Raymond James upgraded the stock to strong buy from outperform and raised its price target to $81 per share from $76.Trading volume stood at over 219,000 shares compared with a daily average of about 257,000.Price: $30.28, Change: $+1.16, Percent Change: +3.97%

$TECX

Wire36d ago

Booz Allen Hamilton Shares Rise After Upgrade From Stifel

Booz Allen Hamilton's (BAH) shares were up 2% in Tuesday afternoon trading after Stifel upgraded the company's stock to buy from hold and lowered its price target to $110 from $115.Trading volume stood at roughly 1.1 million shares against a daily average of nearly 1.9 million.Price: $80.26, Change: $+1.58, Percent Change: +2.01%

$BAH

Wire36d ago

Market Chatter: Spotify Co-Chief Executive Defends Expansion into AI-Generated Music

Spotify Technology's (SPOT) Co-Chief Executive Alex Norstrom has defended the company's expansion into artificial intelligence-generated music, the Financial Times reported Tuesday.Speaking at an interview, Norstrom said there have been "rogue attempts" at using AI tools to make music, adding that Spotify's "controlled" products offer a better alternative to the unregulated AI "slop" already spreading online, according to the report.Norstrom's comments come after the company signed a deal with Universal Music to allow users to create AI-generated covers and remixes of songs from participating artists, the FT reported.Spotify did not immediately respond to' request 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: $530.25, Change: $+10.39, Percent Change: +2.00%

$SPOT

Wire36d ago

Cigna Group Shares Fall After Barclays Downgrade

Cigna Group (CI) shares were down about 2% in afternoon trading on Tuesday after Barclays downgraded the stock to equalweight from overweight, and lowered its price target to $304 from $310.Trading volume stood at more than 720,000 shares, compared with a daily average of about 1.7 million.Price: $280.70, Change: $-5.54, Percent Change: -1.94%

$CI

Wire36d ago

Truist Securities Cuts Price Target on AutoZone to $3,817 From $4,045, Keeps Buy Rating

AutoZone (AZO) has an average rating of overweight and mean price target of $4,265.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $3034.37, Change: $-372.14, Percent Change: -10.92%

$AZO

Wire36d ago

JPMorgan Raises Immunovant Price Target to $47 From $35, Overweight Rating Kept

Immunovant (IMVT) has an average rating of buy and mean price target of $46.77, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $33.81, Change: $-0.34, Percent Change: -1.00%

$IMVT

Wire36d ago

Update: NANO Nuclear Energy Shares Rise After Acquiring Secured Transportation Services

(Updates with share movement in the headline and first paragraph)NANO Nuclear Energy's (NNE) shares were up 12% in Tuesday trading after the company said it acquired nuclear logistics firm Secured Transportation Services in a deal valued at up to $13 million.The acquisition gives NANO Nuclear in-house capabilities for transporting nuclear fuel, spent fuel and reactor components, a critical but highly regulated segment of the nuclear supply chain, the company said.NANO Nuclear said the deal will help accelerate the deployment of its microreactor technologies while reducing reliance on third-party logistics providers.Price: $29.94, Change: $+3.21, Percent Change: +12.01%

$NNE

Wire36d ago

Update: Vicor Shares Surge After Raising Q2 Revenue Guidance

(Updates with recent stock movement in the headline and the first paragraph.)Vicor (VICR) shares rose more than 21% in Tuesday afternoon trading after the company said it raised its Q2 revenue guidance to $142 million from $126 million, due to rising product revenues and royalties from a new licensee to its power system technology.Four analysts surveyed by FactSet expect $125.5 million.The company said the new license includes all of its patents covering power converter topologies, control systems, power components, and distribution architectures.Price: $325.75, Change: $+57.76, Percent Change: +21.55%

$VICR

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