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Broadcom and Apple Extend Custom Chip Deal Through 2031, Locking In Key Revenue Stream
Stocks

Broadcom and Apple Extend Custom Chip Deal Through 2031, Locking In Key Revenue Stream

Broadcom has extended its custom chip partnership with Apple through 2031, reinforcing a relationship that accounts for roughly 20% of Broad

Eleanor Whitfield ·
Brookfield-Backed Data Center Operator Csquare Files for $4.18 Billion NYSE IPO
Stocks

Brookfield-Backed Data Center Operator Csquare Files for $4.18 Billion NYSE IPO

Csquare, a data center operator backed by Brookfield, plans to list on the NYSE with a valuation up to $4.18 billion. The IPO aims to raise

Marcus Devlin ·
Mwb Research Downgrades Symrise to Hold After Stock Rally
Stocks

Mwb Research Downgrades Symrise to Hold After Stock Rally

Mwb Research downgraded Symrise to hold from buy, noting the stock's recent rally leaves little room for error. The broker raised its target

Marcus Devlin ·
Berenberg Sees Bossard Earnings Recovery Broadening, Holds 228-Franc Target
Stocks

Berenberg Sees Bossard Earnings Recovery Broadening, Holds 228-Franc Target

Berenberg reaffirmed its 228-franc price target on Swiss industrial supplier Bossard, pointing to a broadening earnings recovery. The bank s

Eleanor Whitfield ·
BofA Raises IAG Price Target to 570p, Sees Potential Guidance Boost on Lower Fuel Costs
Stocks

BofA Raises IAG Price Target to 570p, Sees Potential Guidance Boost on Lower Fuel Costs

Bank of America raised its price target for British Airways owner IAG to 570p, arguing that softer jet-fuel costs and steady travel demand c

Marcus Devlin ·
Berenberg Raises Bechtle Price Target but Sees Q2 Update as Steady, Not Stellar
Stocks

Berenberg Raises Bechtle Price Target but Sees Q2 Update as Steady, Not Stellar

Berenberg raised its price target for Bechtle to €34.50, but expects the IT firm's Q2 update on August 12 to be in line with Q1. The bank li

Marcus Devlin ·
RBC Cuts Associated British Foods Forecasts on Sugar Weakness and Currency Risk
Stocks

RBC Cuts Associated British Foods Forecasts on Sugar Weakness and Currency Risk

RBC Capital Markets has lowered its earnings forecasts for Associated British Foods by 2%-3% for fiscal 2026-2028. The bank points to persis

Eleanor Whitfield ·
Swiss Life Likely to Announce CHF250 Million Share Buyback on Sept 1
Stocks

Swiss Life Likely to Announce CHF250 Million Share Buyback on Sept 1

Swiss Life may restart its share buyback program with a CHF250 million announcement on Sept 1. Berenberg says the insurer's strong solvency

Marcus Devlin ·
Airbus Targets Over 900 Jet Deliveries in 2026 After Strong First Half
Stocks

Airbus Targets Over 900 Jet Deliveries in 2026 After Strong First Half

Airbus handed over 89 aircraft in June, bringing first-half deliveries to 351. The company is sticking with its official 870 target but repo

Eleanor Whitfield ·
Posco Maps Out 167 Trillion Won Pivot Beyond Steel, Plans Stake Sales to Fund Lithium Push
Stocks

Posco Maps Out 167 Trillion Won Pivot Beyond Steel, Plans Stake Sales to Fund Lithium Push

Posco Group is pivoting beyond steel with a massive spending plan focused on lithium, battery materials, and energy. To help fund the shift,

Eleanor Whitfield ·
Bernstein Boosts Ryanair Target, Sees Earnings Power Overlooked
Stocks

Bernstein Boosts Ryanair Target, Sees Earnings Power Overlooked

Bernstein lifted its price target for Ryanair to €32.50 and sharply raised earnings forecasts, saying the budget airline's profit power is n

Eleanor Whitfield ·
Solstice Advanced Materials and Element Solutions in $27 Billion Merger Talks
Stocks

Solstice Advanced Materials and Element Solutions in $27 Billion Merger Talks

Solstice Advanced Materials and Element Solutions are in talks for a mostly stock merger of equals valued at about $27 billion. The deal aim

Marcus Devlin ·