Section
The latest stocks coverage from the TrustFinance editorial desk.
Morgan Stanley analysts anticipate Apple will increase iPhone prices by approximately $200 this fall, a move they believe could deliver a 2–4% upside to quarterly earnings per share and is not yet fully priced into the stock.
Indian equity benchmarks, the Nifty 50 and BSE Sensex, closed down 0.66% and 0.72% respectively on Tuesday, weighed down by losses in technology, auto, and banking sectors. A rise in market volatility and a weaker rupee also marked the session.
HSBC analysts argue that investor fears of a semiconductor cycle peak are premature, pointing to emerging growth drivers like high-bandwidth memory (HBM) and AI-related demand as reasons for their continued optimism on Asian chipmakers.
Macquarie has significantly raised its annual recurring revenue forecasts for Zhipu AI, now projecting $2 billion for 2026 and $4.5 billion for 2027, citing the company's leading AI code generation capabilities.
The Danish biotech firm's shares fell after Jefferies cut its rating and slashed its price target, citing a lack of near-term catalysts and lingering doubts over the clinical profile of its key drug candidate, survodutide.
The African carrier is in the final stages of evaluating an order for up to 50 single-aisle aircraft and 16 freighters, a key decision for its fleet modernization and a potential win for manufacturers seeking to expand their footprint.
Mexican airline Aeroméxico saw its Q2 earnings impacted by a significant fuel headwind, while airport operator GAPB contended with a drop in passenger traffic, according to a new report.
Wells Fargo analysts report a positive outlook for the machinery sector, noting the recovery is transitioning from a supply-chain rebound to one driven by fundamental demand in U.S. non-residential construction and trucking.
Investor positioning in U.S. equities declined last week despite a rise in major indexes, signaling a lack of conviction in the rally, according to a note from Citi analysts. The bank also highlighted vulnerabilities in small-cap and technology stocks.
