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News
Evercore Just Raised Its Occidental Target to $70. Here’s Where the Stock Could Go
13+ hour, 54+ min ago (307+ words) @DmitryPichugin via Canva, @pichitstocker from Getty Images Pro via Canva Head of international operations Ken Dillon pointed to Oman, where waterflooding has been used “to reduce declines from 19% to around 7% once complete, extending field lives,” the same technique Occidental is…...
CVS Health Flagged “High-Trend” Costs on September 9. Here’s Where the Stock Could Go
14+ hour, 31+ min ago (576+ words) What drew less notice was the rest of the conversation: a management team detailing how far it has pushed operating efficiency, and how much room is left. The gap between a cautious cost message and a business quietly re-engineering its…...
Illumina Stock Returns to the S&P 500 After a 57% Run. Here’s What the Stock Could Do Next
14+ hour, 32+ min ago (253+ words) @Robert Kneschke via Canva, @jittawit21 from jittawit21 via Canva The business is clearly healthier than when the index dropped it, but the price already reflects much of the repair. Illumina trades near 38 times trailing earnings, a fat premium to the market and…...
Intuitive Surgical Stock Has Fallen 39% From Its High. Could This Be the Bottom?
15+ hour, 10+ min ago (335+ words) Then, on September 8, the company put fresh evidence on the table. Intuitive co-published a peer-reviewed meta-analysis, led by Thomas H. Shin, a bariatric surgeon at Mass General Brigham, with researchers from the University of Virginia. It covers more than 14 million procedures…...
NextEra Energy Just Funded a $1.9 Billion Nuclear Restart With Google Behind It. The Stock Barely Moved
15+ hour, 31+ min ago (253+ words) @@Tartezy from Tartezy's Images via Canva, @Изображения на deyanarobova via Canva What makes it pencil out is the buyer. Google holds a 25-year agreement for most of the plant’s output, taking the electricity as an around-the-clock carbon-free supply for its…...
NuScale Power Stock Plunges 16% Following UBS Downgrade
22+ hour, 9+ min ago (569+ words) NuScale Power (SMR) stock is falling today after UBS downgraded the company from Neutral to Sell and slashed its price target from $10 to just $6. That new target implies about 30% downside from where the stock trades now, which is a pretty…...
Oklo Stock Slides After Announcing Equity Distribution Sale Agreement
22+ hour, 24+ min ago (560+ words) @~User3d34b5b5_677 from Getty Images via Canva, @Alicia G. Monedero from Getty Images via Canva Oklo (OKLO) stock dropped 3.5% Friday morning after the company announced a new at-the-market stock offering program that could raise up to $1 billion. This kind of news tends to…...
Vicor Stock Jumps After Acquiring New Fab Manufacturing Facilities
22+ hour, 43+ min ago (521+ words) @rdw from Getty Images via Canva, @alengo from Getty Images Signature via Canva Vicor (VICR) stock jumped 11% after the company announced it’s buying two properties in New Hampshire to build new chip fabrication plants. This is a big deal because…...
Shopify Stock Rallies Following Bullish Bernstein Coverage Launch
23+ hour, 6+ min ago (459+ words) @William_Potter from Getty Images via Canva, @Mikhail Mishunin from Getty Images via Canva Shopify (SHOP) stock is getting a lift after Bernstein analyst Mark Shmulik started coverage with an Outperform rating and a $160 price target. In his note, Shmulik said Shopify…...
Arista Networks Joins the S&P 100 on September 21. Here’s What the Numbers Say Comes Next
1+ day, 12+ hour ago (351+ words) @AnuchaCheechang from Getty Images via Canva, @Artush via Canva Funds benchmarked to the S&P 100 adjust holdings, visibility with large institutions rises, and the shareholder base tilts institutional. The reason to look harder now is what CFO Chantelle Breithaupt told…...