Stock market

Google’s Waymo seen capturing 10% of U.S. rideshare trips by 2030
June 18, 2025 09:51 PM AEST| By InvestingInvesting.com -- Waymo is projected to account for 10% of U.S. rideshare trips by the end of 2030, according to new estimates from Wells Fargo (NYSE:WFC).

TD Cowen adds Gap to ’Best Smidcap Ideas’ list on brand momentum
June 18, 2025 09:23 PM AEST| By InvestingInvesting.com -- TD Cowen has added Gap Inc (NYSE:GAP) to its “Best Smidcap Ideas” list, citing sustained momentum at its core Gap and Old Navy brands and the potential for improvement at Banana R

Meta seen generating at least $3 billion a year from new WhatsApp’s Updates ads
June 18, 2025 09:13 PM AEST| By InvestingInvesting.com -- Meta Platforms’ latest move to monetize WhatsApp could add billions to its revenue over time, according to a new note from Morgan Stanley (NYSE:MS).

Alibaba-backed Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO
June 18, 2025 09:07 PM AEST| By InvestingInvesting.com -- Chinese artificial intelligence startup MiniMax is planning an initial public offering in Hong Kong that could happen as early as this year, according to a Bloomberg report on Wednesd

Should you buy a dip in Li Auto stock? Morgan Stanley answers
June 18, 2025 08:49 PM AEST| By InvestingInvesting.com -- Li Auto ’s (HK:2015) (NASDAQ:LI) shares fell on Wednesday as investors reacted to the electric vehicle maker’s slower month-to-date (MTD) sales, and reports that Meituan founder W

Marvell custom AI event: Here are Wall Street takeaways
June 18, 2025 08:11 PM AEST| By InvestingInvesting.com -- Marvell Technology’s (NASDAQ:MRVL) recent custom AI silicon event drew mixed but mostly positive reactions from Wall Street, with both Barclays (LON:BARC) and Morgan Stanley (NYSE:M

Paris Air Show: Analysts highlight main Day 2 takeaways
June 18, 2025 05:27 PM AEST| By InvestingInvesting.com -- Day 2 of the Paris Air Show (PAS) brought limited new commercial orders but a surge in aftermarket optimism and broader defense commentary from key industry players.

MS starts coverage of monday.com at Equal-Weight on balanced risk-reward
June 18, 2025 05:19 AM AEST| By InvestingInvesting.com -- Morgan Stanley initiated coverage of monday.com with an Equal-weight rating saying the software firm’s shift toward larger enterprise clients and a broader product lineup presents a

Caterpillar’s E&T segment is likely a core driver to the next EPS cycle: BofA
June 18, 2025 04:43 AM AEST| By InvestingInvesting.com -- Bank of America analysts say Caterpillar’s Energy&Transportation (E&T) division is set to become the company’s key growth engine, citing strong multi-year tailwinds from data cent

Riot Platforms: Needham sees ’major opportunity’ in Corsicana
June 18, 2025 04:25 AM AEST| By InvestingInvesting.com -- Riot Platforms is positioning itself for a pivot into high-performance computing (HPC), and analysts at Needham&Company believe the company’s Corsicana facility in Texas could be a

Trump claims ’we’ have control over Iranian airspace, calls for surrender
June 18, 2025 03:19 AM AEST| By InvestingInvesting.com -- President Donald Trump claimed on his social media platform Truth Social "We now have complete and total control of the skies over Iran," drawing attention for his use of "we" despite

Truist raises Etsy price target as Q2 revenue tracks ahead of expectations
June 18, 2025 02:17 AM AEST| By InvestingInvesting.com -- Truist Securities raised its price target on Etsy (NASDAQ:ETSY) to $60 from $55 on stronger-than-expected second quarter and signs of accelerating user growth.

Sina: JD.com’s Liu vows innovation after ‘five-year decline,’ targets travel
June 18, 2025 01:57 AM AEST| By InvestingInvesting.com -- JD.com Inc Adr (NASDAQ:JD) founder and chairman Richard Liu outlined an ambitious roadmap for revitalizing the company following what he described as a half-decade of stagnation. At a

Goldman upgrades Chinese EV makers XPeng and Nio on cost cuts, product improvement
June 18, 2025 01:31 AM AEST| By InvestingInvesting.com -- Goldman Sachs upgraded Chinese electric vehicle makers XPeng (NYSE:XPEV) and Nio (NYSE:NIO) on improving cost structures and new product strategies as both firms navigate an intensely

Coinbase seeking SEC approval for tokenized equities trading
June 18, 2025 01:01 AM AEST| By InvestingInvesting.com -- Coinbase (NASDAQ:COIN) is working to gain approval from the U.S. Securities and Exchange Commission to offer "tokenized equities" to its customers, the company’s chief legal officer

Pivotal Research lifts Spotify target to Street-high $900 on long-term growth bets
June 18, 2025 12:51 AM AEST| By InvestingInvesting.com -- Pivotal Research raised its price target on Spotify Technology (NYSE:SPOT) to a Wall Street-high $900, citing a shift in its valuation horizon to the end of 2026 and optimism over the

Wolfe stays defensive but sees AI spending supporting growth stocks
June 18, 2025 12:17 AM AEST| By InvestingInvesting.com -- Wolfe Research maintained a defensive investment stance amid economic uncertainty, but continues to back growth stocks with exposure to artificial intelligence.

BofA cuts Qualcomm target on near-term smartphone chip sales risks
June 18, 2025 12:11 AM AEST| By InvestingInvesting.com -- Bank of America cut its price target on Qualcomm Inc (NASDAQ:QCOM) to $200 from $245, citing a more cautious outlook for smartphone chip sales, but maintained a Buy rating on the stoc

Roku upgraded as ad tie-up with Amazon to boost its 2026 earnings
June 17, 2025 11:23 PM AEST| By InvestingInvesting.com -- Loop Capital upgraded Roku (NASDAQ:ROKU) Inc to Buy from Hold saying that a new advertising partnership with Amazon (NASDAQ:AMZN) will begin to lift the streaming platform’s financi

Piper Sandler starts at SAP at Buy, highlights ’multiple tailwinds beyond 2030’
June 17, 2025 10:35 PM AEST| By InvestingInvesting.com -- Piper Sandler initiated coverage on SAP (NYSE:SAP) (ETR:SAPG) stock with an Overweight rating and a price target of €350, citing "multiple tailwinds [that] extend beyond 2030.”

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