Morgan Stanley raised its Q2 and Q3 estimates for Texas Instruments, citing a sustained recovery in the semiconductor market, but maintained its cautious Underweight rating on the stock.
The Permira-backed fashion brand plans to raise up to $239.1 million in its public market debut, a rare test of investor appetite for a consumer retail company.
Wall Street is bracing for a pivotal week of Q2 earnings from Alphabet, Tesla, and other tech giants. The results will offer crucial insights into AI spending after major indices fell last week, led by a sharp decline in semiconductor stocks.
A recent selloff in U.S. memory stocks presents a compelling entry point for investors, according to Morgan Stanley, which cites intensifying data center shortages driven by AI demand.
The industrial real estate investment trust will be taken private in an all-cash transaction valued at $5.2 billion, highlighting continued investor demand for logistics and warehouse properties.
The theater chain beat Wall Street expectations for both earnings and revenue, driven by strong attendance and a series of hit movies. The positive results sent the company's shares surging in premarket trading.
U.S. stock futures advanced Monday morning as investors braced for a pivotal week of earnings reports from technology giants, which could test the market's AI-fueled rally after a sharp pullback in chip stocks.
Senior airline and aircraft leasing executives are cautioning planemakers against rushing new aircraft models to market, emphasizing the need for mature technology to ensure long-term economic viability.
An analysis by Baird suggests footwear and apparel companies could execute approximately $30 billion in share repurchases, a move that could drive double-digit earnings growth for firms like Crocs and Wolverine World Wide.
