Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
SailPoint's AI pitch meets cautious guidance as ARR beats
SailPoint's fiscal Q2 annual recurring revenue and profitability impressed RBC, but management only fed the beat into its fiscal 2027 outloo
BofA downgrades Crescent Capital on lingering legacy loan troubles
Bank of America Securities has turned cautious on Crescent Capital, downgrading the business development company to neutral and cutting its
BofA cuts Cooper price target to $65 after CooperVision's second outlook reset
Bank of America downgraded Cooper Companies and cut its price target to $65 after CooperVision lowered its outlook again. The bank points to
Ferrari's client events become key growth driver, Morgan Stanley says
Morgan Stanley says Ferrari is shifting its growth strategy from making more cars to deepening loyalty through track days, tours, and events
JetBlue trims Q3 flying plans as fuel costs climb
JetBlue lowered its third-quarter capacity growth outlook to 1.5%-3.5% and lifted its fuel cost forecast to $3.96 a gallon. The airline is r
Morgan Stanley raises Allegro target to 48 zlotys on InPost deal
Morgan Stanley raised its price target for Allegro.eu to 48 zlotys, betting that a new delivery arrangement with InPost will cut costs and b
Adani Ports CEO and CFO settle SEBI disclosure case for 1.37 million rupees each
India's markets regulator SEBI has closed its 2023 disclosure case against Adani Ports after its CEO and CFO each paid 1.37 million rupees t
Korean Air faces possible prosecution over deleted FTC records in Asiana merger probe
South Korea's antitrust regulator says three Korean Air employees erased emails and files during an investigation into seat-capacity rules l
BofA sees DEWA dividend rising 10% after 2026 payout framework ends
Bank of America predicts Dubai utility DEWA will lift its dividend 10% in 2027, to 6.8 billion dirhams, once its current payout framework en
Novartis faces shareholder revolt after $30 billion value wipeout
Novartis is under pressure from a major shareholder after two drug-trial setbacks wiped out $30 billion in market value. The investor wants
Grab Drivers in Vietnam Plan Weekend Boycott Over Fee Deductions
Grab drivers in Vietnam are calling for a weekend boycott, saying service-charge deductions introduced in July can take up to 50% of each fa
VinFast plans India-specific EVs, entry model under $12,000
VinFast is in talks with Indian suppliers about two India-specific EVs, VF X and VF Y, with one entry-level model targeted below $12,000. Th