Financial News · Live Terminal

Page 174 of 193

Amazon Launches Alexa+ in Italy

Price: $248.82, Change: $-0.20, Percent Change: -0.08%

UBS Cuts Formula One Price Target to $104 From $107, Maintains Neutral Rating

Formula One (FWONK) has an average rating of buy and mean price target of $113.29, according to analysts polled by FactSet.Price: $91.20, Change: $+0.42, Percent Change: +0.47%

$FWONK

Australia24d ago

Adobe Introduces Firefly AI Assistant, New Editing Features in Firefly Video Editor

Adobe (ADBE) said Wednesday that it has launched the Firefly AI Assistant, an artificial intelligence tool that enables users to describe the outcome they want while the assistant executes complex, multi-step workflows across Adobe's Creative Cloud apps, including Photoshop, Premiere, and Lightroom, among others.The company said it will add this capability to leading third-party AI models including Amazon-backed (AMZN) Anthropic's large language model Claude.Adobe said it has also added new video and image editing features in its Firefly Video Editor including studio-quality sound, advanced color adjustments.The Firefly AI Assistant will be available in public beta in Adobe Firefly in the coming weeks; meanwhile, the new editing features and access to new partner models are available in Firefly starting Wednesday, Adobe said.Price: $243.68, Change: $+7.96, Percent Change: +3.38%

$ADBE$AMZN

Australia24d ago

Allbirds Signs $50 Million Financing for Shift to AI Compute Infrastructure

Allbirds (BIRD) said Wednesday it has executed a definitive agreement with an institutional investor for a $50 million convertible financing facility that will enable the company to pivot its business to artificial intelligence compute infrastructure.The long-term goal is for the company to become a fully integrated "GPU-as-a-Service" and AI-native cloud solutions provider, Allbirds said, adding it aims to change its name to NewBird AI.The financing facility is expected to close in Q2, the company said.The company earlier agreed to sell its Allbirds brand and footwear assets to American Exchange Group, according to a statement.Shares of the company rose more than 238% in early trading Wednesday.Price: $8.42, Change: $+5.93, Percent Change: +238.15%

$BIRD

Australia24d ago

UBS Lowers Domino's Pizza Price Target to $480 From $500, Maintains Buy Rating

Domino's Pizza (DPZ) has an average rating of overweight and mean price target of $470.65, 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: $367.50, Change: $-1.67, Percent Change: -0.45%

$DPZ

Australia24d ago

UBS Cuts Albertsons Price Target to $20 From $23, Maintains Buy Rating

Albertsons (ACI) has an average rating of overweight and mean price target of $20.94, 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: $16.41, Change: $+0.06, Percent Change: +0.37%

$ACI

Australia24d ago

Frontdoor Expands SkySlope Partnership to 43 States

Frontdoor (FTDR) said Wednesday it expanded its partnership with SkySlope to support real estate agents and brokers across 43 states.Financial terms were not provided.The provider of home service plans and maintenance said the expanded agreement follows prior use of SkySlope's platform in four states and will extend access to about 175,000 agents and brokers.The platform consolidates the home warranty application process into a single workflow by reducing paperwork and automating steps, Frontdoor said.Price: $59.69, Change: $+0.13, Percent Change: +0.22%

$FTDR

Australia24d ago

UBS Raises Murphy Oil Price Target to $44 From $43, Maintains Neutral Rating

Murphy Oil (MUR) has an average rating of Hold and mean price target of $40.63, 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: $37.28, Change: $-0.35, Percent Change: -0.93%

$MUR

Australia24d ago

UBS Lifts Alaska Air Price Target to $54 From $53, Maintains Buy Rating

Alaska Air (ALK) has an average rating of buy and mean price target of $62.78, according to analysts polled by FactSet.Price: $43.33, Change: $+0.73, Percent Change: +1.71%

$ALK

Australia24d ago

UBS Lifts BlackRock Price Target to $1,270 From $1,235, Maintains Buy Rating

BlackRock (BLK) has an average rating of overweight and mean price target of $1,249, 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: $1058.48, Change: $+3.46, Percent Change: +0.33%

$BLK

Australia24d ago

Market Chatter: OpenAI Planning New Pricing for ChatGPT Ads

Microsoft-backed (MSFT) OpenAI intends to start pricing some ChatGPT ads based on whether people click on the ads as opposed to how many people see them, The Information reported Wednesday, citing an agency executive who spoke with OpenAI staff and who works with ChatGPT advertisers.The company also plans to introduce ads seeking to get people to take specific actions, like downloading an app or making a purchase, the report said, citing the executive.OpenAI didn't immediately reply to a request for comment from.(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: $400.38, Change: $+7.37, Percent Change: +1.88%

$MSFT

Australia24d ago

UBS Raises American Airlines Price Target to $16 From $14, Maintains Buy Rating

American Airlines (AAL) has an average rating of overweight and mean price target of $15.01, 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: $12.21, Change: $+0.07, Percent Change: +0.62%

$AAL

Australia24d ago

RBC Cuts Price Target on Advanced Drainage Systems to $175 From $181, Keeps Outperform Rating

Advanced Drainage Systems (WMS) has an average rating of buy and mean price target of $190.80, 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: $152.13, Change: $-3.42, Percent Change: -2.20%

$WMS

Australia24d ago

RBC Raises Price Target on WESCO International to $352 From $340, Keeps Outperform Rating

WESCO International (WCC) has an average rating of overweight and mean price target of $323.50, 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: $305.52, Change: $-4.84, Percent Change: -1.56%

$WCC

Australia24d ago

RBC Trims Price Target on W.W. Grainger to $1,170 From $1,172, Keeps Sector Perform Rating

W.W. Grainger (GWW) has an average rating of hold and mean price target of $1,173.54, 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: $1143.41, Change: $-13.38, Percent Change: -1.16%

$GWW

Australia24d ago

RBC Lifts Price Target on Veralto to $99 From $98, Keeps Sector Perform Rating

Veralto (VLTO) has an average rating of overweight and mean price target of $109.69, 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: $91.88, Change: $-0.51, Percent Change: -0.55%

$VLTO

Australia24d ago

RBC Raises Price Target on nVent Electric to $151 From $149, Keeps Outperform Rating

nVent Electric (NVT) has an average rating of buy and mean price target of $146.08, 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: $133.29, Change: $-1.09, Percent Change: -0.81%

$NVT

Australia24d ago

Lumen Technologies to Provide Network Connectivity for Amazon Web Services Interconnect - Last Mile

Lumen Technologies (LUMN) said Wednesday it has collaborated with Amazon.com's (AMZN) Amazon Web Services to offer network connectivity for AWS Interconnect - last mile.The company said it will provide the connectivity through Lumen Cloud Interconnect, using its last-mile and metro network infrastructure.The partnership combines the AWS cloud and operational model with Lumen's digital network platform and network infrastructure, according to the company.Lumen said the new connectivity is now available to enterprise customers in the United States.Lumen's stock was up over 6.0% in Wednesday premarket trading.

$AMZN$LUMN

Australia24d ago

Snap to Cut Workforce by 16%, Targets $500 Million in Annual Savings

Snap (SNAP) said Wednesday it is cutting its workforce by 16%, or about 1,000 jobs, in a move to boost annual cost savings.The company said the move is expected to generate more than $500 million in annualized cost savings. It also updated its first-quarter 2026 revenue outlook to approximately $1.53 billion.Analysts surveyed by FactSet expect Q1 revenue of $1.52 billion."Snap faces a crucible moment - squeezed between giants with enormous resources and nimble startups moving fast," the company said in a statement. "To meet this moment, we are pivoting toward profitable growth."Shares of Snap were up nearly 7% in Wednesday premarket trading.

$SNAP

Australia24d ago

Immutep's FDA Orphan Drug Designation for Rare Cancer Treatment Sends Shares Soaring Premarket

Immutep (IMMP) said early Wednesday that the United States Food and Drug Administration has granted orphan drug designation to eftilagimod alfa for the treatment of soft tissue sarcoma, a rare cancer.Shares of the company surged more than 58% in recent premarket activity.The move follows clinical data from a phase 2 trial that evaluated efti in combination with radiotherapy and Keytruda (pembrolizumab). In 38 patients, the study met its primary endpoint, demonstrating a median tumor hyalinization/fibrosis of almost 52%, exceeding the pre-specified target of 35% and historical benchmarks of about 15% with radiotherapy alone. Tumor hyalinization/fibrosis refers to healing.The company said the results were observed across multiple sarcoma subtypes and showed immune activation consistent with efti, with a favourable safety profile and no delays to planned surgery.Price: $0.495, Change: $+0.1838, Percent Change: +58.80%

$IMMP

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