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Investing.com92d agoneutral
Street Calls of the Week

Monday - US Markets Closed for Memorial Day Cognex Corp. What happened? On Tuesday, JPMorgan upgraded Cognex Corporation (NASDAQ:CGNX) to Overweight with $75 price target. *TLDR: JPMorgan: Buy Cognex for AI growth. What’s the full story? JPMorgan is upgrading Cognex to Overweight, bumping the price target to $75. Why? Because the firm is betting 35 times its FY27 adjusted EBITDA estimate that if you slap "proprietary AI-enabled solutions" onto factory vision tech, the customer base doubles and e

Investing.com92d agoneutral
Saudi contractor MGC seeks up to $799 million in Riyadh IPO

Investing.com -- Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. (MGC) is seeking to raise as much as 3 billion riyals ($799 million) through an initial public offering in Riyadh, according to a statement cited by Bloomberg on Sunday.

Nvidia’s latest product is a game-changer
TheStreet92d agoneutral
Nvidia’s latest product is a game-changer

Nvidia (NVDA) stock is up about 15.44% year to date, at the time of writing, Friday afternoon, May 29. Meanwhile, the SPDR S&P 500 index (SPY) is up about 11.06% in the same period. While the stock has outpaced the S&P 500, its growth is lagging that of other semiconductor companies that ...

Investing.com92d agoneutral
Brazil extends fuel price relief measures through July

Investing.com -- Brazil’s government extended measures aimed at limiting fuel price increases for an additional two months, keeping subsidies and tax relief programs in place through July 31, Bloomberg reported on Saturday.

SpaceX, OpenAI Windfall Fuels Bets on Next-Wave Asian AI Winners
Bloomberg92d agobearish
SpaceX, OpenAI Windfall Fuels Bets on Next-Wave Asian AI Winners

(Bloomberg) -- The hunt is on for companies that could benefit from the tailwinds of an unprecedented wave of stock offerings in the US, and investors are increasingly honing in on the Asian supply chain.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns Zepbound to Drug

Cathie Wood sells $12 million in surging stock
TheStreet92d agoneutral
Cathie Wood sells $12 million in surging stock

Veteran investor Cathie Wood once again executed one of the hottest trades on Wall Street when she trimmed her holdings in a surging crypto stock to buy a top defense stock. On May 29, Wood's investment firm ARK Invest sold 144,218 shares of Robinhood Markets (Nasdaq: HOOD). Founded by Stanford ...

Palantir soars as Dell earnings validate their Al partnership
TheStreet92d agobullish
Palantir soars as Dell earnings validate their Al partnership

A stock usually rises or falls on its own news. You report strong earnings, the shares climb. You miss, they drop. That is the deal investors think they are signing up for. The artificial intelligence (AI) trade has quietly broken that rule. It now moves in layers. Chipmakers sit at the bottom, the ...

Cathie Wood buys $6.5 million of megacap tech stock
TheStreet92d agobullish
Cathie Wood buys $6.5 million of megacap tech stock

Cathie Wood has spent much of 2026 rotating among artificial intelligence winners, trimming some positions while adding to others as investors pile into the sector. The Ark Invest chief just bought shares of a megacap tech firm. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing ...

Trump Floats Rally After Musical Acts Abandon 250th Event
Bloomberg93d agobullish
Trump Floats Rally After Musical Acts Abandon 250th Event

(Bloomberg) -- President Donald Trump responded to a wave of cancellations by artists who were scheduled to perform in Washington for the US’s 250th birthday by proposing himself as a better alternative.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder

SoftBank to build up AI data centres in France with major investment
Reuters93d agoneutral
SoftBank to build up AI data centres in France with major investment

Japan's SoftBank Group will invest €45 billion over the next five years in a push to ‌build up artificial intelligence infrastructure in France, the company ‌announced on Saturday. SoftBank said the investment, described as the biggest of its kind ​so far in Europe, would be made in the northern Hauts-de-France region and deliver 3.1 GW of capacity. The investment plans are due to be formally announced on Monday at the annual Choose France ‌business conference.

Paramount Is Pulling Every Lever to Sell LBO Debt
Bloomberg93d agobearish
Paramount Is Pulling Every Lever to Sell LBO Debt

(Bloomberg) -- Paramount Skydance Corp. stretched, then stretched, then stretched again in its audacious $110 billion takeover bid for Warner Bros. Discovery Inc.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder His First Ever Jail TermNow the companies

Chevron CEO drops stark warning on oil prices
TheStreet93d agobearish
Chevron CEO drops stark warning on oil prices

I have been watching oil market commentary for a while. CEOs tend to be measured. They speak in ranges. They qualify. They hedge. It has been 92 days since the U.S. and Israeli military campaign against Iran began on February 28, 2026. That is what made Chevron CEO Mike Wirth's remarks at the ...

Goldman Sachs massively resets Snowflake stock price target for 2026
TheStreet93d agoneutral
Goldman Sachs massively resets Snowflake stock price target for 2026

In February and March 2026, Snowflake was the stock Wall Street couldn't quite figure out. The stock was down 50% from the early January high to early April 2026, according to TradingView data. Snowflake was caught between a decelerating core business and an AI narrative that kept getting pushed ...

Apple’s next AI test may not be Siri
TheStreet93d agoneutral
Apple’s next AI test may not be Siri

Apple (AAPL) doesn’t have to win the artificial intelligence model competition to win the next phase of AI. That's the bet underlying Bank of America's latest Apple call. Wamsi Mohan, an analyst at BofA, increased his price target on Apple to $380 from $330 and reiterated a Buy rating on May 26. ...

JPMorgan resets Dell stock price target after earnings
TheStreet93d agoneutral
JPMorgan resets Dell stock price target after earnings

Two weeks ago, JPMorgan raised its Dell price target to $280 and called it a meaningful move. After Dell's latest earnings, that target lasted less than a fortnight. On May 29, the same analyst nearly doubled it again. Samik Chatterjee, a top-ranked JPMorgan analyst rated eighth among more than ...