Investment firm Stifel upgraded Twilio to a Buy rating and raised its price target, highlighting the company's strengthening position as a foundational platform for AI-powered communications.
Options market data suggests Truist Financial (TFC) stock could see a 3.2% price move following its earnings release on July 17. Historical data shows the stock has exceeded these expectations in three of the last eight quarters.
Israel's benchmark TA 35 index closed with a marginal 0.04% gain on Friday, lifted by strong performance in financial and insurance stocks. However, the broader market showed weakness, with more stocks declining than advancing.
Citi has lowered its rating on PepsiCo to Neutral from Buy and cut its price target to $145, citing ongoing softness in its key North American divisions and concerns about its full-year guidance.
Shares of the cloud communications firm gained after Stifel raised its rating to 'Buy' from 'Hold' and significantly increased its price target, citing the company's strategic position to capitalize on AI-driven customer engagement.
Investors pulled a net $11.7 million from ETFs linked to the Cboe Volatility Index (VIX) on Thursday as the market's "fear gauge" fell sharply, signaling reduced demand for volatility-linked hedging products.
President Trump is increasingly using stock market highs as a primary measure of his administration's success, a metric that critics argue ignores the economic reality for the nearly 40% of Americans who do not own stocks.
A recent sharp reversal in momentum stocks is a tactical reset fueled by profit-taking, not a change in market fundamentals, according to Goldman Sachs. The bank says the upcoming Q2 earnings season will be a critical test for the market's direction.
Berenberg cut its rating on Dürr AG to 'Hold' and nearly halved its price target, citing the engineering firm's significant exposure to volatile automotive capital spending during the complex shift to electric vehicles.
