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Sonida Senior Living Shares Rise After Baird Upgrade

Sonida Senior Living (SNDA) shares rose 1.1% in Friday trading after Baird upgraded the stock to outperform from neutral and raised its price target to $43 from $37.Trading volume stood at more than 389,000 shares, compared with a daily average of about 614,000.Price: $38.29, Change: $+0.40, Percent Change: +1.07%

$SNDA

Wire19d ago

Update: United Microelectronics Shares Rise After August Sales Increase

(Updates with recent stock movement in headline and first paragraph.)United Microelectronics (UMC) shares were up 4.1% in afternoon trading on Friday after the company reported sales of 25.04 billion New Taiwan dollars ($790.6 million) in August, up 30.71% from a year earlier.For the period of Jan. to Aug., sales increased 14.66% year-over-year to NT$178.66 billion.Price: $20.69, Change: $+0.83, Percent Change: +4.18%

$UMC

Wire19d ago

Clearmind Medicine to Acquire Majority Stake in Charging Robotics for $2.5 Million

Clearmind Medicine (CMND) said Friday it will acquire a 51% stake in Charging Robotics, which develops electric vehicle wireless charging systems for automated parking systems and robotaxi operations, for $2.5 million.Additionally, the company will extend a $1.5 million loan to Charging Robotics, bearing a 4% rate, upon transaction close, the company said.The deal is expected to be completed next week, subject to closing conditions, according to a statement.Shares of Clearmind fell about 23% on Friday.Price: $1.30, Change: $-0.40, Percent Change: -23.53%

$CMND

Wire19d ago

Immuron Signs Exclusive US Distribution Deal for Digestive-Health Product PROIBS

Immuron (IMRN) said Friday it has signed an exclusive distribution agreement with Sweden's Calmino Group to launch PROIBS, a digestive-health medical device used for abdominal pain and bloating.Financial details weren't disclosed.Immuron shares jumped 50% in Friday trading as intraday volume topped 108.1 million shares, compared with the daily average of 33,558.Price: $1.67, Change: $+0.56, Percent Change: +50.45%

$IMRN

Wire19d ago

Elastic Plans to Integrate OpenAI GPT Cybersecurity Models Into Elastic Security

Elastic (ESTC) said late Thursday that it plans to integrate Microsoft (MSFT)-backed OpenAI GPT cybersecurity models into Elastic Security workflows.The integration of OpenAI's Daybreak frontier models aims to give security teams specialized cyber reasoning capabilities without requiring them to deploy and manage separate model infrastructure, according to the company.Shares of Elastic were down 4.1% in Friday trading.Price: $92.22, Change: $-3.91, Percent Change: -4.07%

$ESTC

Wire19d ago

Market Chatter: Stellantis in Talks With Huawei, JAC on Maserati Partnership

Stellantis (STLA) is in talks with China's Huawei and JAC Group for long-term industrial cooperation on its luxury brand Maserati, Reuters reported Friday, citing two sources.Italian daily Milano Finanza first reported the talks Friday, saying that the discussions were at an advanced stage and centered on using Huawei's Harmony Intelligent Mobility platform for Maserati, according to the report.Stellantis, Huawei and JAC did not 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: $5.53, Change: $+0.04, Percent Change: +0.73%

$STLA

Wire19d ago

POET Technologies to Participate in China Events

POET Technologies (POET) said Friday it will exhibit its AI-focused optical technology at the China International Optoelectronic Expo, or CIOE, next week in Shenzhen.The company also said Mo Jinyu, POET senior vice president for global product development, will speak at the 2026 Infostone Optical Communication and Market Technology Conference on Tuesday.The company said it plans to highlight its wafer-level chip-scale packaging technology for high-power optical interconnects and its progress in next-generation applications for AI connectivity in hyperscale data centers.Shares rose nearly 5.4% in Friday afternoon trading.Price: $7.73, Change: $+0.40, Percent Change: +5.39%

$POET

Wire19d ago

Evercore's Valuation Discount to Peers Could Narrow, Deutsche Bank Says

Evercore's (EVR) valuation "discount to peers" could narrow as continued "revenue momentum," advisory market-share gains, stable margins and moderating non-compensation cost growth support a re-rating of the shares, Deutsche Bank said in a report Friday.Evercore shares are down about 15% this year, compared with an 11% decline for the peer group, with much of the "underperformance" following the company's Q2 results in late July. The stock now trades at about 13 times 2027 consensus earnings, a 10% to 15% "discount to peers" versus a historical discount of 3% to 5%, according to the note.Deutsche Bank said concerns about a "late cycle" environment, below-average earnings growth expectations and structurally "higher cost ratios" have weighed on the shares, the note added.Deutsche Bank has a buy rating on Evercore with a price target of $375.Price: $296.27, Change: $-0.64, Percent Change: -0.22%

$EVR

Wire19d ago

SentinelOne Expands Wayfinder AI Services With OpenAI Models

SentinelOne (S) expanded its Wayfinder Frontier AI Services with code risk analysis and compromise assessment capabilities using OpenAI's latest models, the company said late Thursday.The new services will use frontier cyber models, which aim to help customers identify and remediate exploitable threats. SentinelOne said OpenAI's GPT-5.6-Cyber delivered best-in-class results in reverse engineering and analysis of military-grade malware in recent SentinelLABS research.The expanded offerings are being rolled out in private preview, with broader availability to follow. Wayfinder Frontier AI Services is generally available.Price: $19.78, Change: $-0.03, Percent Change: -0.13%

Wire19d ago

Robinhood's Chain Fees Jump, Supporting Growth Outlook, Deutsche Bank Says

Robinhood Markets' (HOOD) blockchain-based transaction fees, known as chain revenue, are surging and are on track to surpass a $100 million annualized run rate, Deutsche Bank said Friday in a note.Daily chain revenue remained below $200,000 through mid-August before rising to almost $500,000 on Aug. 29, about $1 million on Aug. 30, $1.92 million on Monday, $3.38 million on Tuesday and $4.01 million on Wednesday, Deutsche Bank said, citing data from DeFiLlama, an analytics platform.The five-day total of $10.8 million translates to about $5.4 million of fee revenue for Robinhood, compared with Deutsche Bank's prior Q3 estimate of $4.6 million, the note said.Recent momentum is tracking well ahead of prior forecasts, though visibility into how long the surge will last remains limited, the note said.Deutsche Bank raised its price target on Robinhood stock to $135 from $115 and maintained its buy rating.Price: $123.39, Change: $-1.33, Percent Change: -1.07%

$HOOD

Wire19d ago

Update: eGain Shares Drop After Fiscal Q4 Adjusted Earnings, Revenue Fall

(Updates with latest share movement in first paragraph and headline)EGain (EGAN) shares fell 18% in Friday trading after it reported fiscal Q4 adjusted earnings late Thursday of $0.08 per diluted share, down from $0.09 a year earlier.Three analysts polled by FactSet projected $0.03.Revenue in the three months ended June 30 fell to $22.2 million from $23.2 million a year earlier.Three analysts projected $21.7 million.The company expects fiscal Q1 adjusted EPS of $0.05 to $0.08 on revenue of $20.9 million to $21.4 million. Three analysts project EPS of $0.08 on revenue of $22.3 million.For fiscal 2027, eGain expects adjusted EPS of $0.04 to $0.07 on revenue of $84.5 million to $86 million. Three analysts project EPS of $0.43 on revenue of $94.1 million.Price: $5.79, Change: $-1.32, Percent Change: -18.57%

$EGAN

Wire19d ago

Top Midday Decliners

Guidewire Software's (GWRE) fiscal 2027 outlook disappointed amid elevated expectations after its strong fiscal Q4 results, RBC Capital Markets said in a Friday note.Shares sank 20.8%, as intraday trading volume jumped to about 2.5 million from the stock's daily average of roughly 1.54 million.Lululemon Athletica (LULU) reported softer-than-planned fiscal Q2 results and lowered its fiscal 2026 guidance again, prompting a cautious stance on the stock, as the delayed start of incoming CEO Heidi O'Neill leaves the company a "rudderless ship" and risks further competitive disintermediation amid deteriorating macro conditions, Oppenheimer said Friday.Shares slumped 17% as intraday trading volume catapulted to over 28.3 million from a daily average of nearly 3.7 million.Tesla (TSLA) shares dropped 6.3% after the US National Highway Traffic Safety Administration said the company's Cybercab is under investigation over the process used to claim compliance with federal vehicle safety standards.Over 45.3 million shares traded intraday versus a daily average of roughly 41.8 million.Price: $160.64, Change: $-42.23, Percent Change: -20.81%

$GWRE$LULU$TSLA

Wire19d ago

Linde Poised to Resume 10%-Plus EPS Growth in 2027, Deutsche Bank Says

Linde (LIN) is poised to return to its 10%-plus EPS growth algorithm starting 2027 and reestablish itself as one of the premier growth compounders across the industrial, materials and commercial services segments, Deutsche Bank said in a Friday research note.The brokerage said it reaffirmed its Q3 EPS estimate of $4.50 and 2026 EPS forecast of $17.80.The return to double-digit EPS growth will be driven by stabilization of headwinds from helium and Lincare, accelerating growth from electronics and space, pricing gains, and productivity, according to the note.Deutsche Bank reaffirmed its buy rating on the stock, with a $575 price target.Price: $480.33, Change: $-1.86, Percent Change: -0.39%

$LIN

Wire20d ago

Top Midday Gainers

American Outdoor Brands (AOUT) swung to a profit and posted higher revenue for fiscal Q1 late Thursday.Shares soared 41% as intraday trading volume catapulted to over 3.45 million from a daily average of about 104,000.Immuron (IMRN) shares jumped 48% amid heavy trading after the company announced Friday an exclusive distribution agreement for Probis in the US with Calmino Group.More than 105.4 million shares traded intraday compared with a daily average of about 34,000.Price: $1.62, Change: $+0.51, Percent Change: +45.50%

$AOUT$IMRN

Wire20d ago

MongoDB has Room to Beat its own Guidance, Macquarie Says

MongoDB (MDB) implied second-half deceleration in Atlas growth is not overly concerning, arguing the company likely has sufficient room to exceed its own guidance, Macquarie said in a note emailed Friday.Stable consumption trends and expanding workloads across multiple industries make it more likely that Atlas growth holds closer to first-half levels than the deceleration implied by management's guidance, the firm said.On the more cautious side, Macquarie said it lacks confidence that MongoDB's AI-related product lineup, including Voyage and Vector Search, offers enough critical mass to drive the broad adoption among AI-native companies that management has cited as a key strategic goal.Macquarie pointed to MongoDB's upcoming investor day on Sept. 29 as a catalyst for the stock.Macquarie maintained its neutral rating on the stock and raised the price target $375 per share from $315.Price: $375.92, Change: $-8.53, Percent Change: -2.22%

$MDB

Wire20d ago

S&P Global Ratings Upgrades Teva Pharmaceutical to 'BBB-'

S&P Global Ratings (SPGI) said Friday it raised its rating on Teva Pharmaceutical (TEVA), including its issuer credit rating and issue-level rating on the company's unsecured debt, to 'BBB-' from 'BB+'.Teva has demonstrated sustainable growth prospects through strong execution in branded products, stabilization in generics, and a pipeline of significant late-stage assets, supporting S&P Global Ratings' view of its earnings durability, at least over the next two years, S&P Global said.

$SPGI$TEVA

Wire20d ago

Snowflake Benefits From AI-Driven Data Platform Modernization, Macquarie Says

Snowflake (SNOW) AI efforts are driving investments in data platform modernization, while the company is benefiting from accelerating data warehouse migrations, Macquarie said.The investment firm said in a note Thursday that management expects continued momentum in the core data platform business and a meaningful step-up in revenue from Snowflake's agentic front ends.Management raised fiscal 2027 product revenue guidance by 5 percentage points to 36% year over year. Macquarie raised its 2027, 2028 and 2029 product revenue estimates by 4%, 8% and 11%.The company is on the right track with its AI products and its rating balances a relatively high valuation against strong business fundamentals, according to the research note.Macquarie raised its price target to $350 from $200 on Snowflake, while maintaining a neutral rating.Shares of Snowflake were down 3.7% in Friday afternoon trading.Price: $343.15, Change: $-13.33, Percent Change: -3.74%

$SNOW

Wire20d ago

Zscaler's Fiscal 2027 Outlook Shows Cautious Tone Despite AI Momentum, RBC Says

Zscaler's (ZS) fiscal 2027 outlook topped its preliminary range, yet still carried a cautious tone amid a sales-leadership transition and slower-than-expected uptake of a new security product, even as AI momentum builds across its platform, RBC Capital Markets said Thursday in a report.The company expects fiscal 2027 annual recurring revenue of $4.40 billion to $4.43 billion, revenue of $3.91 billion to $3.94 billion, and adjusted EPS of $4.86 to $4.90, the report said.Zscaler's growing use of AI and the rollout of its new Agentic SecOps tools, designed to automate parts of security operations, may help results H2 2027, RBC said. Additional hiring, stronger partner activity and continued traction in its Z-Flex and data-security offerings might also support upside to estimates, the report said.RBC raised its price target on Zscaler stock to $210 from $200 and maintained its outperform rating.Price: $169.21, Change: $-8.59, Percent Change: -4.83%

$ZS

Wire20d ago

Samsara to See More Growth Ahead From Large Customers, AI, International Demand, RBC Says

Samsara (IOT) could see further growth in H2 fiscal 2027 as demand from large customers, newer products, government clients, international markets and AI remains strong, while higher revenue guidance leaves room for more upside, RBC Capital Markets said in a note Thursday.Samsara now expects fiscal 2027 revenue to grow 26%, up from its previous forecast of 24%, though results could still come in above that outlook in H2 as growth from large customers remains a key driver, with strong gains in clients spending more than $100,000 and $1 million a year, RBC said.Newer products should also support future growth after they made up more than 20% of new contract value for a third straight quarter, while use of Samsara's latest AI features rose more than fourfold over two months, according to the note.The investment firm also sees more room for growth in government and international markets, with Europe showing strong new business growth and the public sector increasing its contribution during the quarter.RBC kept its outperform rating for Samsara and raised its price target to $55 from $50.Price: $39.78, Change: $+1.03, Percent Change: +2.66%

$IOT

Wire20d ago

Zscaler 'Overly Cautious' With Guidance Raise, Macquarie Says

Zscaler (ZS) is being "overly cautious" with its guidance raise, Macquarie Equity Research said in a Thursday note.The company delivered a "robust" Q4, driven by large deal activity, improving sales productivity, momentum from Z-Flex program, and growing adoption of non-seat-based offerings, which contributed about 30% of new and upsell annual contract value for the quarter, Macquarie analysts said.Significant drivers supporting Zscaler's fiscal 2027 outlook are improving sales productivity, stronger large-deal activity, and traction across its platform strategy, according to the note. The company flagged Q3 sales executive departures and uncertainty about its new Agentic SecOps solution with integrated Red Canary technology as concerns that warranted caution.The company's conservative guidance "seems sensible," but the analysts said they wanted to see a healthier guidance raise, based on its consistent net revenue retention of 115% and its net new annual recurring revenue acceleration across fiscal 2026.Macquarie maintained the company's stock rating at outperform and increased the price target to $200 from $172.Price: $169.58, Change: $-8.23, Percent Change: -4.63%

$ZS

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