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BofA Securities Raises Price Target on Hewlett Packard Enterprise to $38 From $32

Hewlett Packard Enterprise (HPE) has an average rating of hold and mean price target of $26.93, 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: $28.46, Change: $+0.30, Percent Change: +1.07%

$HPE

Wire62d ago

Update: Market Chatter: JPMorgan Relocating Some Paris-Based Traders to London

(Updates with JPMorgan declining to comment in the fourth paragraph.)JPMorgan Chase (JPM) is moving some employees from its Paris trading hub to London, in part because it believes it overestimated the number of EU-based roles needed to meet post-Brexit regulations, Bloomberg reported Monday, quoting unnamed sources familiar with the matter.Other reasons are also behind the decision for the relocation of employees like rates traders, the report said, adding those include role changes and personal tax considerations.JPMorgan said last year it had about 1,000 employees in France, including 650 on the markets side, the report said.JPMorgan declined to comment when contacted by.(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: $310.87, Change: $+2.59, Percent Change: +0.84%

$JPM

Wire62d ago

Terns Reports FDA Breakthrough Therapy Label for TERN-701

Terns Pharmaceuticals (TERN) said Monday the US Food and Drug Administration has granted breakthrough therapy designation to TERN-701 for the treatment of certain adult patients with chronic myeloid leukemia.The designation is for the treatment of patients with Philadelphia chromosome-positive chronic myeloid leukemia in the chronic phase without the T315I mutation previously treated with two or more tyrosine kinase inhibitors, Terns said.The label is intended to expedite the development and review of potential new medicines for serious conditions or address significant unmet medical needs, it said.Merck agreed in March to buy Terns for $53 per share, or about $6.7 billion.Price: $52.91, Change: $+0.02, Percent Change: +0.03%

$MRK$TERN

Wire62d ago

Wedbush Lowers Compass Therapeutics Price Target to $5 From $8, Maintains Outperform Rating

Compass Therapeutics (CMPX) has an average rating of Buy and mean price target of $13.62, 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: $2.21, Change: $-2.82, Percent Change: -56.08%

$CMPX

Wire62d ago

UiPath, Deloitte Expand Collaboration for AI Agentic-led Software Testing Projects

UiPath (PATH) said Monday it is launching an expanded collaboration with Deloitte to use agentic AI to allow companies to accelerate software development, testing and deployment.The joint product was designed to support testing teams by automating manual tasks and decreasing maintenance, the company said.The product is built on Deloitte's Ascend platform and will work with customers' infrastructure and data, UiPath said.Financial details were not provided.Price: $10.54, Change: $+0.17, Percent Change: +1.68%

$PATH

Wire62d ago

LiveRamp Integrating Nvidia's AI Infrastructure for Advanced Model Training, Inference

LiveRamp (RAMP) is integrating Nvidia's (NVDA) artificial intelligence infrastructure to offer a graphics processing unit-optimized infrastructure through its clean rooms and the LiveRamp Marketplace, the company said Monday.The integration is designed to support compute-intensive AI workloads, accelerating the training and deployment of models for LiveRamp's AI partners and brands, LiveRamp said. No financial details were disclosed.LiveRamp said the integration is still in limited release, with plans for general availability later this year.Price: $29.98, Change: $+0.73, Percent Change: +2.50%

$NVDA$RAMP

Wire62d ago

Accenture, NSK Collaborate on AI, Digital Initiatives

Accenture (ACN) and NSK said Monday they are collaborating on an AI- and digital-driven transformation of the Japanese manufacturer's operations.The initiative will focus on streamlining back-office processes, increasing automation, and improving decision-making through data and AI.NSK said it will direct resources unlocked through operational improvements toward new product development, business expansion, and sales and marketing initiatives, while also strengthening workforce skills through reskilling programs supported by Accenture.Price: $179.68, Change: $+1.32, Percent Change: +0.74%

$ACN

Wire62d ago

UBS Adjusts AppFolio Price Target to $200 From $260, Maintains Buy Rating

AppFolio (APPF) has an average rating of buy and mean price target of $263.86, according to analysts polled by FactSet.Price: $171.03, Change: $+1.74, Percent Change: +1.03%

$APPF

Wire62d ago

UBS Adjusts Boston Scientific Price Target to $95 From $105, Maintains Buy Rating

Boston Scientific (BSX) has an average rating of Buy and mean price target of $86.58, 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: $61.33, Change: $-0.74, Percent Change: -1.19%

$BSX

Wire62d ago

Shift4 to Support Ticket, Concession Purchases at Nu Stadium for Inter Miami CF

Shift4 (FOUR) has entered into a partnership with football club Inter Miami CF to provide integrated payment technology, supporting ticket and concession purchases at Nu Stadium in Miami, Inter Miami CF said Monday.Shift4 has been named an official partner of Inter Miami CF and will receive prominent brand visibility and integration within the stadium, according to a statement.Financial terms of the partnership were not provided.Price: $46.13, Change: $+0.84, Percent Change: +1.84%

$FOUR

Wire62d ago

IonQ, Florida LambdaRail Launch Quantum-Safe Network Initiative

IonQ (IONQ) said Monday it entered an agreement with Florida LambdaRail to develop a nearly 100-mile quantum-safe network from Palm Beach County to Miami-Dade, connecting three research and education institutions.Phase 1 involves creating a three-node corridor linking select area colleges over the existing Florida LambdaRail fiber network before leveraging IonQ's quantum key distribution technology for protection against cyber threats, the company said.Upon completion of phase 1, the initiative is expected to expand across the Florida LambdaRail network, connecting additional institutions statewide, according to a statement.Price: $42.00, Change: $-0.70, Percent Change: -1.63%

$IONQ

Wire62d ago

TerrAscend Announces Preliminary First Quarter 2026 Financial Results

TerrAscend (TSND.TO), a North American cannabis operator, announced preliminary and unaudited financial results for the first quarter ended March 31, 2026, on Monday.The preliminary and unaudited financial results reported are from continuing operations, and do not include Michigan, which are reported as discontinued operations effective as of the second quarter ended June 30, 2025, said the company.For the first quarter of 2026, the company expects net revenue of US$65.5 million, compared to US$66.1 million in the fourth quarter of 2025 and US$64.3 million in the first quarter of 2025.It expects gross profit margin of 52.8% for the first quarter of 2026, compared to 52.1% in the fourth quarter of 2025 and 53.9% in the first quarter of 2025.The company's shares were last seen up C$0.03 or 3.3% at C$0.94 on the Toronto Stock Exchange.Price: $0.95, Change: $+0.04, Percent Change: +4.40%

$HMMJ.TO$TSND.TO

Wire62d ago

Boeing, US Navy Complete Initial Test Flight For MQ-25A

Boeing (BA) and the US Navy have "successfully" completed the first two-hour test flight of an unmanned MQ-25A Stingray, the former said Monday.The aircraft was able to taxi, take off, fly, land and respond to commands from the Unmanned Carrier Aviation Mission Control System MD-5 Ground Control Station, Boeing said.The aerial refueling drone is designed to increase the reach of naval fleets while allowing F/A-18 Super Hornets to focus on their primary role as a multi-role strike fighter, the company said.The tested model is the first of four developmental units scheduled for military delivery under an initial $805 million contract, it said.Price: $232.80, Change: $+0.36, Percent Change: +0.15%

$BA

Wire62d ago

Akso Health Commences Proprietary Brain-Computer Interface R&D Program

Akso Health Group (AHG) said Monday it has commenced its proprietary Brain-Computer Interface technology research and development program.It is developing innovations in ultra-high-resolution neural sensing, real-time artificial intelligence neural decoding, and next-generation interface design, with patent applications pending, the company said.The company plans to engineer its BCI program to address unmet needs in neuroscience, advanced therapeutics, and human-machine interaction, according to a statement.Shares of Akso Health Group rose more than 8% in Monday trading.Price: $2.25, Change: $+0.22, Percent Change: +10.57%

$AHG

Wire62d ago

BofA Securities Adjusts Dell Technologies Price Target to $246 From $205

Dell Technologies (DELL) has an average rating of overweight and mean price target of $186.21, 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: $215.25, Change: $-0.84, Percent Change: -0.39%

$DELL

Wire62d ago

Greenland Energy, Halliburton Sign Deal for Jameson Land Drilling

Greenland Energy (GLND) said Monday it signed an agreement with Halliburton (HAL) for integrated consulting services and logistical management related to the planning and transportation of equipment and services.The agreement includes well and drilling services for Greenland Energy's onshore campaign in the Jameson Land Basin, the company said.The Halliburton agreement builds on Greenland Energy's arrangements with Stampede Drilling and Desgagnes and forms part of its Arctic operations strategy.Greenland Energy said it expects to drill its first two wells in 2026.Price: $6.09, Change: $-0.12, Percent Change: -1.95%

$GLND$HAL

Wire62d ago

Avient Promotes Giuseppe Di Salvo to Chief Financial Officer

Avient (AVNT) said Monday it has promoted Giuseppe Di Salvo to chief financial officer, effective June 1.Di Salvo will succeed Jamie Beggs, who will leave the company for other opportunities, Avient said.The new CFO most recently headed the company's treasury and financial planning division, the company added.Price: $36.72, Change: $-0.84, Percent Change: -2.24%

$AVNT

Wire62d ago

Williams-Sonoma Launches New Brand for Dormitories

Williams-Sonoma (WSM) said Monday it is launching its tenth brand, Dormify, offering a curated assortment of home furnishings for dormitories and compact living environments.The company said Dormify has also launched the Pick-Up Near Campus program, allowing students to place orders and pick them up at a nearby Williams-Sonoma store.Price: $189.44, Change: $-1.12, Percent Change: -0.59%

$WSM

Wire62d ago

Oxford Lane Capital Plans Redemption Of Series 2027 Term Preferred Stock

Oxford Lane Capital (OXLC) said Monday it will redeem all issued shares of its 6.25% Series 2027 term preferred stock.The investment firm plans to redeem all 724,806 outstanding preferred shares on June 1, and will receive a payout of $25 per share for a total aggregate value of roughly $18.1 million, the company said.Price: $10.05, Change: $+0.06, Percent Change: +0.63%

$OXLC

Wire62d ago

Market Chatter: Hut 8 Selling Bonds to Fund Google-Linked Data Center in Louisiana

Hut 8 (HUT) is selling secured bonds due 2042 to fund the construction of data center linked to Alphabet's (GOOG, GOOGL) Google, Bloomberg reported Monday, citing a source with direct knowledge of the matter.Initial pricing for the bonds is being discussed at a yield of about 2.13 percentage point above the benchmark, the source said.Hut 8's 600,000-square-foot project is planning to sell at least $3 billion of investment-grade bonds to fund a 245-megawatt facility in St. Francisville, Louisiana, Bloomberg earlier reported.Hut 8 and Google did not 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: $76.15, Change: $-0.69, Percent Change: -0.90%

$ETR$GOOG$GOOGL$HUT

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