Shares of Japanese memory chip maker Kioxia Holdings tumbled after a U.S. jury ordered the company to pay $229 million for patent infringement, compounding pressure from a global sell-off in semiconductor stocks.
Kepler Cheuvreux upgraded UK warehouse owner SEGRO Plc to "buy" from "hold" and increased its price target to 1,010 pence, arguing the company's shares are undervalued even without a potential takeover.
Kepler Cheuvreux lowered its rating on Air France-KLM to 'Reduce,' citing a recent share price rally that it views as excessive and a lack of near-term catalysts for further gains.
HSBC has raised its rating on Apple to 'Buy' from 'Hold' and significantly increased its price target to $366, citing a strong product cycle ahead driven by the company's new artificial intelligence capabilities.
Shares of the Swedish paper and packaging firm rallied after its second-quarter results showed a significant sequential improvement in profitability, suggesting cost-cutting measures are taking effect.
GSK's stock fell after the pharmaceutical giant discontinued its late-stage cough drug, camlipixant, following inconsistent trial results. The decision marks a significant setback for a pipeline asset acquired in a $2 billion deal.
U.S. stock futures fell sharply Friday, as a deepening selloff in semiconductor stocks and a disappointing forecast from Netflix soured investor sentiment and sparked concerns about the durability of the market's AI-driven rally.
Semiconductor shares across Europe fell sharply on Friday, mirroring a steep selloff in the U.S. that occurred despite strong earnings from industry bellwether TSMC.
Shares of the robotic surgery leader fell sharply after its second-quarter results revealed a deceleration in U.S. procedure growth and a cautious outlook, sparking investor concern despite better-than-expected profit and revenue.
