According to a Bloomberg report, David Solomon stated that the market is undervaluing the bank’s trading unit and urged investors to consider a longer-term view of the business.
After tumbling to a two-year low on Monday, ON Semiconductor shares bounced back slightly, though analysts warn of prolonged demand weakness and potential market share losses.
Wedbush’s Daniel Ives said “seeds of growth” are now in place for an important second half amid the threat of elevated and sophisticated cyber threat activity.
Retail will be watching for updates on the semiconductor tech firm’s declining operating costs, new clients and funding strategy for the coming quarter.
The company highlighted that the Mako spacecraft for the Tetra-5 and Tetra-6 missions will be the first satellite in geosynchronous orbit (GEO) to be refueled and demonstrate compatibility with multiple refueling mechanisms.
Citi raised the firm's price target on Rockwell Automation to $350 from $345 while maintaining a ‘Buy’ rating on the shares. Wells Fargo raised the target to $337 from $315 while maintaining an ‘Overweight’ rating on the shares.
Revenue rose 10% year-over-year to $4.37 billion compared to a Wall Street estimate of $4.13 billion, according to FinChat. This was driven by strong demand across all customer segments, especially for managed health services.
According to a Barron’s report, the CFO also said that the strength of the U.S. dollar is a headwind to the firm’s growth, noting that the dollar is a bit stronger now than in late December.
According to a TechCrunch report, Japanese conglomerate Marubeni will own and finance the Mobileye-equipped vehicles that will reflect on Lyft’s ride-hailing app.
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.
With Amazon's exclusivity period now over, Rivian said it has been trialing the commercial van with several large fleets and refining its fleet management process.
CEO Hassane El-Khoury sought to reassure investors, emphasizing that ON Semiconductor remains structurally resilient despite current market volatility.
Under the settlement terms, Teva will receive a license to sell a generic version of Auvelity starting March 31, 2039, if pediatric exclusivity is granted.
The commercial aired Sunday night on Fox and positioned obesity as "America's deadliest epidemic" while criticizing the $160 billion weight-loss industry and the broader healthcare system.
After Microsoft, Meta, Google and Amazon have reported an increase in AI-related spending, Astera Labs investors are looking for reassurance that AI-driven chip demand will remain strong in the coming year.
The SEC declined to share correspondence between itself and the Department of Enforcement staff due to the potential harm it could cause to the ongoing enforcement proceeding.
