Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
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
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
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
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
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
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
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
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,
UBS cuts adidas to neutral, warns margins may have peaked
UBS downgraded adidas to neutral, warning that profit margins may have peaked. The bank cut its price target to €173 from €219 and sees 2028
Siemens Healthineers faces 2027 earnings squeeze, Bernstein warns
Siemens Healthineers' guidance upgrade is mostly a one-off US tariff refund, Bernstein says. The bank sees a 2027 earnings squeeze from high
Glencore sets aside money over Radiant World iron ore contracts
Glencore has set aside money for potential losses tied to iron ore trader Radiant World, stopped new business with it, and is reviewing outs