Deutsche Bank upgraded the Swiss online pharmacy to 'Buy' from 'Hold' and raised its price target to 11.50 francs, citing reduced funding risks, a favorable regulatory backdrop, and strong earnings potential.
Citi has increased its price target on Apple to $365, maintaining a Buy rating, citing the company's resilient market share performance in a weak device market and its ability to raise prices to protect profit margins.
Silver prices have extended their decline, falling nearly 15% since mid-June to test a critical technical support level around $58.08. Technical indicators point to persistent bearish momentum, though near-oversold conditions could introduce volatility.
Iran launched a broad series of missile and drone attacks against U.S. military facilities in several Gulf states and announced it had again closed the Strait of Hormuz. The escalation in hostilities pushed Brent crude prices up more than 4% on renewed supply fears.
The social media giant reversed course on its 'Muse Image' feature, which used public Instagram photos, after facing significant criticism from users and the SAG-AFTRA actors' union over its automatic opt-in policy.
Bitcoin and other major cryptocurrencies declined on Monday as escalating geopolitical tensions between the U.S. and Iran dampened investor appetite for risk assets. The sell-off was compounded by persistent outflows from crypto funds and ongoing regulatory uncertainty.
Shares in the UK telecoms giant continued to rally after French billionaire Xavier Niel's investment vehicle acquired a 16.2% stake from e& Group, fueling investor optimism for a corporate turnaround.
The world's largest contract chipmaker reported a 36% year-over-year revenue jump to T$1.27 trillion, slightly beating analyst estimates as demand for AI hardware continues to surge. The results set a positive tone ahead of the company's full earnings report.
The parent company of Men's Wearhouse has filed a registration statement with the SEC for a proposed initial public offering. The company plans to list its common stock on the Nasdaq exchange with the symbol MENW.
