Stock market

Amex likely to hike Platinum card fees as Chase ups the ante, says BofA
June 19, 2025 02:55 AM AEST| By InvestingInvesting.com -- BofA says American Express (NYSE:AXP) may significantly raise the annual fee for its Platinum card following a major fee hike by rival JP Morgan Chase’s Sapphire Reserve offering. J

Circle Internet, Coinbase jump as Senate clears stablecoin bill
June 19, 2025 02:55 AM AEST| By InvestingInvesting.com -- Circle Internet (NYSE:CRCL) stock jumped 18% in Wednesday morning trading after the U.S. Senate approved a milestone stablecoin bill, marking a significant step toward regulatory clar

Loop Capital sees tighter pricing at Dollar Tree, maintains cautious earnings view
June 19, 2025 02:25 AM AEST| By InvestingInvesting.com -- Dollar Tree’s price advantage over competitors is narrowing, according to Loop Capital, which maintains a Hold rating and below-consensus earnings estimates for the company.

Evercore initiates coverage on U.S. refiners, sees upside on Phillips 66
June 19, 2025 02:21 AM AEST| By InvestingInvesting.com -- Evercore ISI initiated coverage on U.S. refining companies, rating Phillips 66 (NYSE:PSX) as Outperform while assigning neutral ratings to Marathon Petroleum (NYSE:MPC) and Valero Ene

REV Group upgraded as cost outlook improves, fire truck demand remains strong
June 19, 2025 01:39 AM AEST| By InvestingInvesting.com -- REV Group Inc. was upgraded to equal weight from underweight by Morgan Stanley (NYSE:MS) driven by better operational execution, easing cost pressures, and strong demand in its fire a

Roblox momentum is building for long-term growth, says analyst
June 19, 2025 01:39 AM AEST| By InvestingInvesting.com -- Roblox’s content and monetization strategy is gaining traction, setting the stage for sustained long-term growth, according to Oppenheimer.

Meta’s Scale AI deal is positive for Reddit - B. Riley
June 19, 2025 01:09 AM AEST| By InvestingInvesting.com -- B. Riley analysts see Meta’s recent investment in Scale AI as a bullish signal for Reddit’s future, highlighting the rising value of unique data sources in the artificial intellig

Sunrun hit by RBC downgrade, target halved on policy, cost risks
June 19, 2025 12:57 AM AEST| By InvestingInvesting.com -- Sunrun Inc (NASDAQ:RUN). was downgraded to Sector Perform from Outperform at RBC Capital Markets after the latest U.S. Senate proposal signalled the potential elimination of residenti

Norwegian Cruise rating cut at Argus on slowing economy, weakening consumer spend
June 19, 2025 12:29 AM AEST| By InvestingInvesting.com -- Argus downgraded Norwegian Cruise Line (NYSE:NCLH) Holdings to Hold from Buy on Wednesday, citing a slowdown in advance bookings and reduced fares in its Oceania brand amid growing co

Apple supplier Jabil upgraded at Argus after strong results, raised outlook
June 19, 2025 12:19 AM AEST| By InvestingInvesting.com -- Argus Research upgraded its intermediate-term rating on Jabil Inc. to Buy from Hold following a better quarterly results and a raised outlook for fiscal 2025, citing renewed top-line

Will DIY stocks continue to be challenged? Citi weighs in
June 19, 2025 12:17 AM AEST| By InvestingInvesting.com -- Citi analysts say the do-it-yourself (DIY) segment continues to show signs of weakness in the second quarter, with both Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) experiencing soft

Brookfield leads as RBC initiates bullish call on diversified financials
June 19, 2025 12:05 AM AEST| By InvestingInvesting.com -- RBC (TSX:RY) Capital Markets has initiated coverage on the North American diversified financials sector with a bullish stance on select names showing attractive value and structural g

Nippon Steel completes acquisition of U.S. Steel in historic deal
June 18, 2025 11:57 PM AEST| By InvestingInvesting.com - Nippon Steel Corporation (TSE: 5401) has finalized its acquisition of United States Steel (NYSE:X), the companies announced Wednesday. The deal, valued at approximately $14.9 billion,

Zoetis downgraded amid slowing growth concerns, intensifying competition
June 18, 2025 11:35 PM AEST| By InvestingInvesting.com -- Stifel downgraded Zoetis (NYSE:ZTS) to Hold from Buy, warning that revenue growth could fall short of Wall Street expectations in the next two years as competition intensifies across

Buy IOT stock ahead of this event- analyst
June 18, 2025 11:31 PM AEST| By InvestingInvesting.com -- Piper Sandler said in a note Wednesday that it would be buyers of Samsara Inc (NYSE:IOT). into its upcoming Beyond 2025 event, highlighting potential catalysts that could drive the st

Nike stock target cut at Needham on delayed recovery
June 18, 2025 11:01 PM AEST| By InvestingInvesting.com -- Needham analysts trimmed their price target on Nike (NYSE:NKE) stock to $66 from $75 amid ongoing weakness in brand momentum and a slower-than-expected path to recovery.

Cantor bullish on analog stocks near-term, but challenges remain through year-end
June 18, 2025 10:31 PM AEST| By InvestingInvesting.com -- Cantor Fitzgerald has turned bullish on analog semiconductor stocks in the near term, pointing to improving cyclical indicators and favorable investor positioning.

Beyond Oil product could lower cancer risk from fried foods, medical opinion finds
June 18, 2025 10:17 PM AEST| By InvestingInvesting.com - A product made by Beyond Oil (CSE:BOIL) could mitigate the health risks associated with repeated frying of cooking oils, according to an expert medical opinion cited by the food techno

Barclays weighs in as Coinbase seeks permission to list tokenized equities
June 18, 2025 09:57 PM AEST| By InvestingInvesting.com -- Coinbase is seeking regulatory approval from the U.S. Securities and Exchange Commission (SEC) to offer tokenized equities, according to a report cited by Barclays (LON:BARC) analysts

Streaming gains will likely accelerate from here: Citizens JMP
June 18, 2025 09:55 PM AEST| By InvestingInvesting.com -- Streaming has officially surpassed broadcast and cable combined in U.S. TV viewing, and analysts at Citizens JMP believe the shift is only just beginning.

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