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Retail traders buy SpaceX's post-earnings dip, snapping up $22.7M in first hour
Stocks

Retail traders buy SpaceX's post-earnings dip, snapping up $22.7M in first hour

Retail traders bought $22.7 million of SpaceX shares in the first hour after the stock fell 12.9% post-earnings. The dip-buying was the thir

Eleanor Whitfield ·
Morgan Stanley: Powersports 'beats' look thin once tariffs are stripped out
Stocks

Morgan Stanley: Powersports 'beats' look thin once tariffs are stripped out

Polaris, Harley-Davidson, and Brunswick topped Q2 expectations and lifted 2026 outlooks, but Morgan Stanley says tariff refunds and softer Q

Marcus Devlin ·
Morgan Stanley: Tinder selloff is overdone, raises Match price target
Stocks

Morgan Stanley: Tinder selloff is overdone, raises Match price target

Morgan Stanley says the market overreacted to Match's weaker-than-expected Tinder user growth, pointing to improving trends into 2026. The b

Marcus Devlin ·
Morgan Stanley lifts Wayfair price target to $145 on US market share gains
Stocks

Morgan Stanley lifts Wayfair price target to $145 on US market share gains

Morgan Stanley raised its price target on Wayfair to $145 from $110, pointing to loyalty, tech upgrades, and logistics as drivers of US mark

Eleanor Whitfield ·
Morgan Stanley cuts McDonald's US sales forecast, trims price target
Stocks

Morgan Stanley cuts McDonald's US sales forecast, trims price target

Morgan Stanley trimmed its forecast for McDonald's US same-store sales this quarter to just 0.3% and cut its price target to $319. The bank

Marcus Devlin ·
Amex Gold advances Perron project with portal blast complete
Stocks

Amex Gold advances Perron project with portal blast complete

Amex Gold has completed portal drill-and-blast work at its Perron project in Quebec, clearing the way for underground ramp development. The

Eleanor Whitfield ·
Chipotle's 2026 outlook excludes Minnesota salmonella costs
Stocks

Chipotle's 2026 outlook excludes Minnesota salmonella costs

Chipotle said its 2026 financial targets don't account for any costs from a Minnesota salmonella investigation. The chain pulled jalapeños l

Marcus Devlin ·
Flutter names Dan Taylor CEO as US spending forces profit forecast cut
Stocks

Flutter names Dan Taylor CEO as US spending forces profit forecast cut

Flutter Entertainment has named longtime executive Dan Taylor as its next CEO, effective October 1. The handover comes as the gambling group

Marcus Devlin ·
Global Payments cuts 2026 forecast as Middle East conflict hits travel
Stocks

Global Payments cuts 2026 forecast as Middle East conflict hits travel

Global Payments lowered its 2026 forecasts, citing weaker cross-border card spending as Middle East conflict disrupts travel. The company st

Marcus Devlin ·
AI stocks slip despite strong results as spending and lock-up worries weigh
Stocks

AI stocks slip despite strong results as spending and lock-up worries weigh

Stock futures edged higher Wednesday, yet SpaceX and Advanced Micro Devices shares slipped despite beating expectations. Investors focused o

Eleanor Whitfield ·
Schaeffler expands German retirement plan, bets on robot orders
Stocks

Schaeffler expands German retirement plan, bets on robot orders

Schaeffler is widening a partial-retirement program for about 1,300 workers in Germany, taking a €51 million charge in 2026. The move comes

Eleanor Whitfield ·
Uber's Q3 outlook misses on FX headwinds and robotaxi spending plans
Stocks

Uber's Q3 outlook misses on FX headwinds and robotaxi spending plans

Uber topped second-quarter bookings expectations, but its third-quarter profit forecast came in light. Currency swings are clipping growth,

Marcus Devlin ·