Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Centuria's sovereign AI bet: big costs now, payoff later
Centuria Capital's sovereign AI push will absorb cash in fiscal 2027, with Jefferies expecting the real payoff only in fiscal 2028 and beyon
Unitree's Shanghai IPO draws 8,000x retail demand, first-day pop expected
Unitree's Shanghai IPO drew reported 8,000-times retail oversubscription, and off-market trading suggests a big first-day pop. The humanoid
Orascom Construction's backlog hits $10.9B on US data center boom
Orascom Construction's backlog hit $10.9 billion in Q2 2026, fueled by a 50% surge in US data center projects. Revenue rose to $1.51 billion
ZUS Coffee weighs Malaysia IPO that could raise $1 billion ringgit
ZUS Coffee is reportedly exploring a Malaysia IPO that could raise at least 1 billion ringgit and value the chain at about 4 billion ringgit
Jefferies cuts HomeCo REIT to hold, urges asset sales to ease debt
Jefferies has downgraded HomeCo Daily Needs REIT to hold, flagging a tight debt load and weaker-than-expected earnings guidance. The broker
Zetwerk's IPO: Most New Funds Will Go to Paying Down Debt
Zetwerk's updated IPO filing shows most of the 26 billion rupees raised will repay debt, not fund expansion. That shifts the story from grow
RBC lifts Nexxen price target to $13 on CTV growth and AI tools
RBC Capital Markets raised its price target on Nexxen to $13 from $11 after a strong Q2. The bank cites connected TV growth and new AI tools
AppLovin's Q2 miss may be a timing issue, RBC says
AppLovin's Q2 results disappointed, but RBC says a major ad-model upgrade landed in Q3 instead. The bank kept its outperform rating, and sha
Morgan Stanley raises Kornit target to $19, wants proof of staying power
Morgan Stanley raised its price target on Kornit Digital to $19 after Q2 revenue growth hit a 17-quarter high. But the bank kept its equal-w
Morgan Stanley lifts Applied Aerospace target to $24 despite weak Q2
Morgan Stanley raised its price target on newly public Applied Aerospace & Defense to $24, even after the company's first post-IPO quarter s
Musk-style mega-pay packages push S&P 500 CEO pay to record $22.8M
S&P 500 CEO pay rose 21% to a record $22.8 million in 2025, according to AFL-CIO data. Boards are increasingly using Elon Musk's Tesla packa
MapLight raises $150M to fund lead drug trials through 2028
MapLight Therapeutics raised roughly $150 million in a PIPE deal to fund trials of its lead drug candidate through 2028. The stock rose in e