Financial News · Live Terminal

Page 2 of 193

Popular Keeps Quarterly Dividend at $0.75 per Share, Payable July 1 to Holders of Record May 29

Price: $149.69, Change: $+0.85, Percent Change: +0.57%

RTX Sees Limited Risks to Aerospace Aftermarket From Higher Fuel Prices, RBC Says

RTX (RTX) is confident that risks from higher fuel prices to its aerospace aftermarket business are limited, RBC Capital Markets said Friday, noting investor focus remains on the GTF jet engine recovery plan and the outlook for Raytheon.The investment firm said sentiment around the aerospace aftermarket business is likely an important driver for the stock in the near term, as the company continues to signal potential risk from discretionary spending on modifications and upgrades in its Collins Aerospace unit, although it has not seen changes in airline spending plans.While the company is positive on the outlook for its GTF engine, RBC said investors are closely watching the recovery plan amid concerns around engine valuations and potential demand destruction."We continue to see the Raytheon portfolio as a reason to own the stock," analysts at the brokerage commented, adding that demand for missile and missile defense systems is not entirely reflected in the stock.RBC has an outperform rating and price target of $230 on RTX.Price: $176.44, Change: $-0.34, Percent Change: -0.19%

$RTX

Australia16h ago

Truist Securities Adjusts Price Target on Heritage Insurance to $36 From $39, Maintains Buy Rating

Price: $22.47, Change: $-5.56, Percent Change: -19.84%

$HRTG

Australia16h ago

Illinois Tool Works Keeps Quarterly Dividend at $1.61 a Share, Payable July 10 to Holders of Record as of June 30

Price: $255.39, Change: $-0.14, Percent Change: -0.05%

$ITW

Australia16h ago

Top Midday Decliners

Cloudflare (NET) said late Thursday it expects to reduce its workforce by about 1,100 people as part of a planned restructuring.The company projects to incur charges of $140 million to $150 million in connection with the plan.Shares sank 22% following a surge in intraday trading volume to over 14.8 million from a daily average of about 4.6 million.CoreWeave (CRWV) shares were down after the company reported overnight a wider-than-expected Q1 net loss.CoreWeave's Q2 revenue guidance was below consensus, which could signal a slowdown in capacity or supply chain-related deployment, Oppenheimer said Friday in a note, adding that revenue can fluctuate at this stage of growth as large capacity additions tend to be lumpy.Shares slumped 12% as intraday trading volume catapulted to more than 38.4 million from a daily average of about 27.4 million.Citigroup adjusted Mettler-Toledo International's (MTD) price target to $1,550 from $1,700 a share, and Evercore ISI lowered its price objective for the company to $1,300 from $1,425 a share, with both cuts following Mettler-Toledo's Q1 results overnight.Shares of Mettler-Toledo were down 14%, with intraday trading volume at more than 351,300, versus the stock's daily average of about 156,000.Price: $198.76, Change: $-58.03, Percent Change: -22.60%

$CRWV$MTD$NET

Australia16h ago

Monster Beverage Reports 'Exceptionally' Strong Q1, RBC Says

Monster Beverage's (MNST) "exceptionally" strong Q1 print, combined with a healthy April sales figure, should ease concerns of a macro-driven slowdown, RBC said in a report Friday."While we were expecting topline strength, we did not expect this magnitude of upside," the report said."With growth like that it is understandable that investors are less concerned with some margin compression," it added.Despite some concerns on top-line sustainability due to the Middle East conflict, Monster sustained its momentum into April, the note said, pointing to April sales growth of 24.7%.The note also said the firm is not only seeing robust category growth globally but is delivering improving relative performance as the international business shows no signs of slowing.RBC reaffirmed its outperform rating and raised its price target to $88 from $86.Price: $88.32, Change: $+12.35, Percent Change: +16.26%

$MNST

Australia16h ago

Market Chatter: Anthropic Signs $1.8 Billion Computing Deal with Akamai Technologies

Amazon-backed (AMZN) Anthropic has signed a $1.8 billion computing deal with Akamai Technologies (AKAM), a cloud services provider, to help meet surging demand for its artificial intelligence software, Bloomberg reported Friday, citing people familiar with the matter.Anthropic and Akamai didn't immediately respond to requests 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: $272.45, Change: $+1.28, Percent Change: +0.47%

$AKAM$AMZN

Australia16h ago

Update: Market Chatter: Trump Plans to Fire FDA Commissioner Makary

(Updates with White House comment in last paragraph.)President Donald Trump has approved a plan to fire Food and Drug Administration Commissioner Marty Makary, the Wall Street Journal reported Friday, citing people familiar with the matter.Trump expressed displeasure in recent days with Makary for taking too long to approve flavored vapes and nicotine pouches, the Journal reported earlier this week, citing people familiar with the matter.Trump's decision is not final and could change, the report said."President Trump has assembled the most experienced and talented administration in history, an administration that continues to focus on delivering more historic victories for the American people," the White House said in an email to.(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: $68.85, Change: $-0.19, Percent Change: -0.28%

$BTI$MO$PM$RLX$TPB

Australia16h ago

McDonald's Q1 Comps In Line but Macro Headwinds Pressure Outlook, RBC Says

McDonald's (MCD) Q1 comps were in line and the company gained share in top international operated markets, but macro headwinds and consumer weakness are likely impacting transactions, RBC Capital Markets said.April comps for US and IOM were negative as headwinds weighed on consumers, while a tough Minecraft comparison also pressured results, the brokerage said in a Thursday research note. US McDonald's operated company margins delevered due to executional missteps driven by additional labor hours and conservative pricing.Elevated construction costs and franchisee profitability challenges stemming from beef inflation, macro headwinds, and rising energy costs could limit unit growth in 2027 and beyond, according to the note.Despite a weaker macro backdrop, the company posted in-line Q1 same-store-sales growth, driven by share gains in Australia, Canada, Germany, the UK, and Japan supported by value offerings, menu innovation and marketing.RBC reiterated its sector perform rating on the stock and lowered its price target to $305 per share from $330.Price: $278.96, Change: $-4.75, Percent Change: -1.67%

$MCD

Australia16h ago

NHTSA Opens Probe Into Uber Partner Avride

The National Highway Traffic Safety Administration said it has opened an investigation into Avride after the agency received several reports of crashes involving automated vehicles equipped with the Avride automated driving system.The NHTSA's Office of Defects Investigation said each crash involved "the competence of" Avride's ADS system, the report said.Avride has partnered with Uber Technologies (UBER) in the past, TechCrunch said in a report."Avride is aware of the preliminary evaluation opened by NHTSA. We welcome the opportunity to provide the agency with a deeper understanding of our safety protocols and technology," the company said in an email to. "We look forward to a constructive dialogue that supports the continued progress of the autonomous vehicle industry."Price: $75.33, Change: $-1.40, Percent Change: -1.82%

$UBER

Australia16h ago

Top Midday Gainers

Innodata (INOD) reported strong Q1 results with "massive beats" while raising its 2026 sales growth outlook to about 40% year-over-year amid significant demand for its AI products, Wedbush Securities said in a note Friday.Shares surged 84% as intraday trading volume soared to over 16.4 million from a daily average of roughly 1.01 million.Akamai Technologies (AKAM) reported Q1 non-GAAP net income above market expectations as sales rose. Chief Executive Tom Leighton said a US-based entity committed $1.8 billion over seven years for the company's cloud infrastructure services.Shares jumped 25%, with intraday trading volume of over 14.2 million from a daily average of about 5.12 million.Monster Beverage (MNST) offers "outsized" long-term growth potential after reporting "very strong" Q1 and April performance, Morgan Stanley said in a Friday note.Shares of Monster Beverage advanced 16% as intraday trading volume rose to over 5.81 million from a daily average of about 5.55 million.Price: $84.43, Change: $+38.79, Percent Change: +84.99%

$AKAM$INOD$MNST

Australia16h ago

Lyft Seen Facing Competitive Pressures Even as Rides Rebound, RBC Says

Lyft (LYFT) may face continued investor concerns around organic growth and rising customer incentives, even as overall trip volumes are expected to accelerate through the year, RBC Capital Markets said Friday in a report.Spending on sales and marketing almost doubled from a year earlier, with rider incentives up 17%, signaling increasing competitive pressures, the report said.Still, RBC highlighted strong international expansion, including the acquisition of Gett's UK business, growth at FreeNow across nine European countries, and 50% ride growth in Canada.RBC lowered its price target on Lyft stock to $18 from $22 and maintained its outperform rating.Price: $14.22, Change: $+0.05, Percent Change: +0.39%

$LYFT

Australia16h ago

RBC Capital Adjusts Fidelity National Information Services Price Target to $57 From $69, Maintains Outperform Rating

Fidelity National Information Services (FIS) has an average rating of overweight and mean price target of $64.43, 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: $44.39, Change: $-2.87, Percent Change: -6.06%

$FIS

Australia16h ago

Stephens Adjusts Price Target on Fidelity National Information Services to $65 From $85, Maintains Overweight Rating

$FIS

Australia16h ago

Oppenheimer Trims Fidelity National Information Services' Price Target to $62 From $69

$FIS

Australia16h ago

Goldman Sachs Adjusts Price Target on Akamai Technologies to $87 From $76, Maintains Sell Rating

Akamai Technologies (AKAM) has an average rating of overweight and mean price target of $144.04, 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: $146.04, Change: $+29.35, Percent Change: +25.15%

$AKAM

Australia16h ago

RBC Raises Price Target on Monster Beverage to $88 From $86, Keeps Outperform Rating

Monster Beverage (MNST) has an average rating of overweight and mean price target of $91.21, 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: $88.38, Change: $+12.41, Percent Change: +16.33%

$MNST

Australia16h ago

Truist Securities Cuts Installed Building Products Price Target to $200 From $250, Hold Rating Kept

Installed Building Products (IBP) has an average rating of hold and mean price target of $263.17, 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: $216.26, Change: $-0.66, Percent Change: -0.30%

$IBP

Australia16h ago

Anthropic Signs $1.8 Billion Computing Deal With Akamai Technologies, Bloomberg Reports

Price: $272.83, Change: $+1.66, Percent Change: +0.61%

$AKAM$AMZN

Australia16h ago

Howmet Raises 2026 Outlook on Strong Industrial Gas Turbine Demand, RBC Says

Howmet Aerospace (HWM) reported "strong" Q1 results and raised its 2026 guidance, driven by robust aerospace spare-part demand, expanding margins and continued strength in the industrial gas turbine market, RBC Capital Markets said in a report emailed Friday.The aerospace and industrial components company posted adjusted earnings of $1.22 per share, above consensus estimates and RBC's forecast of $1.11, while revenue rose 19% year over year to $2.3 billion, according to the report. Spare-parts sales climbed 36%, including 48% growth in commercial aerospace, according to the report.Industrial gas turbine demand remains a major growth opportunity for the company, with segment revenue rising 39% year over year as pricing and yields improved, according to the report. "Additional capacity" is expected to come online in H2 as Howmet increases investment to support growing demand tied partly to rising electricity needs from data centers, RBC said.Howmet continued reshaping its portfolio through acquisitions and divestitures, with the firm saying the company's focus on higher-margin businesses is "viewed positively by investors," the report said.RBC maintained the company's outperform rating and $300 price target.Price: $271.21, Change: $-1.21, Percent Change: -0.44%

$HWM

Showing 21-40 of 3847