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Stephens Adjusts Price Target on EOG Resources to $167 From $170

EOG Resources (EOG) has an average rating of overweight and mean price target of $156.97, 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: $135.86, Change: $-4.96, Percent Change: -3.52%

$EOG

Australia3d ago

HSBC Adjusts Rockwell Automation Price Target to $490 From $445

Rockwell Automation (ROK) has an average rating of overweight and mean price target of $453.88, 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: $455.42, Change: $+19.49, Percent Change: +4.47%

$ROK

Australia3d ago

GD Culture Forms Committee to Evaluate Going-Private Proposal

GD Culture (GDC) said Wednesday its board has formed a special committee to evaluate the preliminary non-binding proposal from a consortium of Wealthy Concord and East Valley Technology.The consortium has proposed a going-private transaction for $10.75 per share in cash, the company said, adding that there can be no assurance of any definitive offer.Shares were down about 29% in morning trading.Price: $4.24, Change: $-1.75, Percent Change: -29.22%

$GDC

Australia3d ago

Synchrony Financial, Dick's Sporting Goods Collaborate to Relaunch Credit Card Program

Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday the companies collaborated to relaunch their credit card program.The program, which features an everyday 10% back in rewards on qualifying purchases at Dick's Sporting Goods, continues to have the private label Dick's credit card as well as Dick's Mastercard for athletes, both of which remain integrated with the ScoreCard loyalty program, according to a statement.For, existing cardholders, their accounts and ScoreCard rewards balances will automatically carry over, the company said.Price: $75.16, Change: $+1.38, Percent Change: +1.87%

$DKS$SYF

Australia3d ago

Kyivstar Agrees to Resell Starlink in Ukraine

VEON (VEON) unit Kyivstar Group (KYIV) and its subsidiary JSC Kyivstar have signed an agreement authorizing the official reselling of Starlink services to businesses and public institutions in Ukraine, Kyivstar said Wednesday.Financial terms of the agreement were not disclosed.Price: $49.16, Change: $+0.02, Percent Change: +0.04%

$KYIV$VEON

Australia3d ago

H.B. Fuller Building New Aerospace Manufacturing Center in North Carolina

H.B. Fuller (FUL) is building a new aerospace manufacturing center in Charlotte, North Carolina, targeting to open the facility in early 2027, the company said Wednesday.The facility will house specialized manufacturing, packaging, testing, and quality operations for the company's aerospace products, with capacity expansion plans in the future, H.B. Fuller said.Price: $62.21, Change: $+2.56, Percent Change: +4.29%

$FUL

Australia3d ago

Halozyme, Oruka Therapeutics Sign Licensing Agreement for Microparticle Drug Delivery Platform

Halozyme (HALO) said Wednesday its Hypercon unit entered into an agreement with Oruka Therapeutics (ORKA) on exclusive rights to use a specialized microparticle drug platform for an experimental psoriasis treatment and up to one additional target.The transaction requires an immediate upfront payment, potential future milestone payments, and ongoing mid-single-digit royalties based on future commercial product sales, the company said.The system allows biologic drugs to be more highly concentrated, shrinking the required injection volume and making dosing easier, Halozyme said.Price: $66.17, Change: $+0.30, Percent Change: +0.46%

$HALO$ORKA

Australia3d ago

JPMorgan Adjusts Price Target on Diamondback Energy to $240 From $228

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $227.55, 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: $196.26, Change: $-9.93, Percent Change: -4.81%

$FANG

Australia3d ago

Melius Research Adjusts Advanced Micro Devices Price Target to $500 From $325

Advanced Micro Devices (AMD) has an average rating of Buy and mean price target of $410.23, 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: $409.07, Change: $+53.81, Percent Change: +15.15%

$AMD

Australia3d ago

United States Antimony Names Shawn Winkler as Interim CFO

United States Antimony (UAMY) said Wednesday that Shawn Winkler has been named interim chief financial officer, effective Monday, replacing Richard Isaak, who is taking a temporary personal leave of absence.Winkler, a prior financial consultant to the company, most recently served as CFO of Burrow Global, a Texas-based construction firm, the company said.Isaak is expected to return after the conclusion of the leave, which will last a minimum of two months, the company said.United States Antimony shares were more than 9% higher in Wednesday trading.Price: $12.08, Change: $+0.92, Percent Change: +8.30%

$UAMY

Australia3d ago

Andersen Group Buys Tax, Consulting Firms in Four Countries

Andersen Group (ANDG) said Wednesday it has closed the acquisition of six firms across Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues.The expansion includes tax firms in Ireland and New Zealand, a tax and a consulting firm in Nigeria, and a tax and a law firm in Uruguay, the company said.Separately, the company said its previously announced business combination agreement in Canada is expected to close in Q3.Price: $34.04, Change: $-0.78, Percent Change: -2.24%

$ANDG

Australia3d ago

Nano Nuclear Energy, Supermicro Sign Memorandum of Understanding to Power AI Data Centers

Nano Nuclear Energy (NNE) said Wednesday it has signed a memorandum of understanding with Super Micro Computer (SMCI) to explore the integration of Nano's energy systems with Supermicro's artificial intelligence server and data center platforms.The companies will explore projects to deploy Nano's microreactors to provide nuclear power for data centers, integrate Supermicro's AI server racks and cooling systems with nuclear energy products, and develop go-to-market strategies for data center clients, among others goals, according to a statement.Financial details were not provided.Nano shares were up past 15% in Wednesday morning trading, and Supermicro was up nearly 16%.Price: $26.45, Change: $+3.68, Percent Change: +16.16%

$NNE$SMCI

Australia3d ago

BofA Securities Lifts Price Target on Advanced Micro Devices to $450 From $310, Maintains Buy Rating

Advanced Micro Devices (AMD) has an average rating of buy and mean price target of $401.23, 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: $405.65, Change: $+50.39, Percent Change: +14.18%

$AMD

Australia3d ago

Market Chatter: Microsoft Considers Shelving Clean Energy Target as Data Center Demand Rises

Microsoft (MSFT) is mulling delaying or shelving its 2030 clean energy target as it attempts to remove obstacles in the race to build more data centers, Bloomberg reported Wednesday, citing people familiar with the matter.The company is still discussing the matter, and a decision has yet to be made, the report said. Microsoft targets to be carbon negative by 2030.The company did not immediately respond 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: $412.21, Change: $+0.86, Percent Change: +0.21%

$MSFT

Australia3d ago

SpaceX Estimates $55 Billion Initial Investment for Chip Facility in Texas

Tesla's (TSLA) joint project with SpaceX, a semiconductor manufacturing facility to be built in Texas, has an estimated total capital investment of $55 billion, according to a public notice on Wednesday.SpaceX forecasts that total investment for the project could reach $119 billion if additional phases are constructed, the notice said.Texas' Grimes County is one of the possible locations for the "Terafab" facility, Tesla CEO Elon Musk wrote on X.Local officials of Grimes County will weigh property tax abatement for the facility in a meeting on June 3, according to the notice.A SpaceX filing highlighted risks around the company's lack of long-term chip supply contracts with direct chip suppliers, Reuters reported.Price: $393.54, Change: $+4.24, Percent Change: +1.09%

$TSLA

Australia3d ago

York Space Systems Shares Rise on Multiple IDIQ Contract Wins

York Space Systems (YSS) shares were up 8.1% in Wednesday trading after the company said it had won multiple Indefinite Delivery/Indefinite Quantity, or IDIQ, contract awards across two mission areas.The company said the awards support the development and deployment of critical national defense and warfighter space capabilities.York added that it is well-positioned to win and execute task orders under the IDIQ contracts through its US supply chain and manufacturing capabilities.Price: $36.01, Change: $+3.30, Percent Change: +10.07%

$YSS

Australia3d ago

BofA Securities Adjusts PayPal Price Target to $53 From $55, Maintains Neutral Rating

PayPal (PYPL) has an average rating of Hold and mean price target of $50.15, 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: $47.11, Change: $+0.63, Percent Change: +1.34%

$PYPL

Australia3d ago

BofA Securities Adjusts DigitalOcean Price Target to $200 From $107, Maintains Buy Rating

DigitalOcean (DOCN) has an average rating of overweight and mean price target of $164.15, 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: $152.21, Change: $-0.56, Percent Change: -0.37%

$DOCN

Australia3d ago

Core Scientific Plans 1.5 GW Oklahoma Expansion

Core Scientific (CORZ) said Wednesday it plans to expand its Muskogee, Oklahoma campus to about 1.5 gigawatts of gross power, including roughly 1.0 gigawatt of leasable capacity, to support high-density compute deployments.As part of the plan, the company agreed to acquire Polaris DS, which has contracted 440 megawatts of gross power, with the deal expected to close in Q3.The company said the acquisition will accelerate its timeline for new capacity, with construction already underway on an 82.5-megawatt facility slated for initial delivery in Q4 of 2027.Shares of Core Scientific were up 9% in Wednesday trading.Price: $24.18, Change: $+1.99, Percent Change: +8.97%

$CORZ

Australia3d ago

Accenture Invests in XBOW Platform

Accenture (ACN) has invested in autonomous cybersecurity testing platform XBOW through its Accenture Ventures venture capital arm, the company said Wednesday.Transaction terms were not disclosed. The companies have also agreed on a partnership, with Accenture to integrate XBOW into its Cyber.AI solution, according to the statement.Price: $176.69, Change: $-2.32, Percent Change: -1.30%

$ACN

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