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Micron closes in on $1 trillion market value as UBS triples share price target
Reuters101d agoneutral
Micron closes in on $1 trillion market value as UBS triples share price target

Shares of Micron Technology climbed about 14.2% in early trading on Tuesday after brokerage UBS sharply raised ‌its target price for the stock citing stronger AI ‌demand and long-term supply deals, taking the chipmaker closer to $1 trillion in market value. The ​revised target - the highest among the 46 brokerages covering the stock - implies a potential valuation of close to $1.8 trillion for the company by the next twelve months, compared with a market capitalization of $846.93 billion as of close ‌on Friday. • UBS raised ⁠the price target more than threefold to $1,625 from the earlier $535, compared with the stock's Friday close of $751.

Elbit Systems Q1 Earnings Call Highlights
MarketBeat101d agoneutral
Elbit Systems Q1 Earnings Call Highlights

Elbit Systems (NASDAQ:ESLT) reported a stronger first quarter of 2026, with management highlighting double-digit growth in revenue, operating profit and earnings per share, as well as a record backlog that surpassed $30 billion for the first time. Kobi Kagan, the company’s chief financial officer,

UBS Raises Micron to Street-High Target
Bloomberg101d agoneutralVIDEO
UBS Raises Micron to Street-High Target

UBS raised its price target on Micron to a Street-high view of $1,625, up from $535. Mandeep Singh has more on "Bloomberg Open Interest."

3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026
24/7 Wall St.101d agoneutral
3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026

You turn 65, sign up for Medicare, and a wall of mail arrives pushing standalone Part D drug plans. The default move for decades has been to pick one and forget it. For 2026, that default deserves a fresh look. The Inflation Reduction Act fully kicks in this year, premiums and surcharges shift, and bundled ... 3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026

Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending
24/7 Wall St.101d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

During a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano highlighted a striking proposal from Amazon (NASDAQ:AMZN) founder Jeff Bezos. Bezos believes the bottom 50% of Americans should pay no federal taxes. According to the discussion, the bottom half of earners currently contribute only 3% of the federal budget, which lends credence ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

Reuters101d agobullish
Exclusive-European companies set to receive two thirds of future mobile satellite spectrum, rest for non-EU firms, sources say

The European commission ‌is set to ‌allocate two thirds of ​lucrative mobile satellite spectrum to European companies, with the rest ‌available ⁠for non-European rivals such as Elon ⁠Musk's Starlink and Amazon's low-earth-orbit ​satellite business ​Leo, ​people with direct ‌knowledge of the matter said on Tuesday. The EU executive will next year allocate ‌mobile satellite ​spectrum currently ​used ​by American ‌companies Viasat and EchoStar ​and ​which is due to expire in ​May ‌2027.

Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now
24/7 Wall St.101d agoneutral
Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now

A 50-year-old woman planning to retire at 70 on the equivalent of $80,000 in today’s purchasing power is actually targeting a much larger nominal income figure. Assuming long-run inflation averages 3% annually, maintaining that same lifestyle 20 years from now would require roughly $144,500 per year in nominal dollars. That is the income her portfolio needs ... Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now

SpaceX Files IPO With Tens Of Trillions At Stake
24/7 Wall St.101d agoneutral
SpaceX Files IPO With Tens Of Trillions At Stake

A recent episode of Moonshots with host Peter Diamandis focused on how SpaceX could become the largest IPO in financial history. SpaceX has filed paperwork for a $75 billion public offering at a valuation of $1.75 trillion. For context on scale, the panel noted the deal would be over 2.5 times larger than Saudi Aramco’s record ... SpaceX Files IPO With Tens Of Trillions At Stake

Reuters101d agoneutral
Logistics startup Stord raises $250 million at $3 billion valuation

Logistics startup Stord said on Tuesday it raised nearly $250 million in a late-stage funding round at ‌a $3 billion valuation, and launched Stord Labs to advance ‌physical intelligence. The funding highlights investor confidence in platforms that provide independent brands with ​the technological infrastructure needed to challenge the dominance of e-commerce giants such as Amazon. Here are some details: • Stord Labs will serve as a research base for the company to test agentic AI, robotics and ‌automation against live fulfillment ⁠data to improve warehouse operations.

Market Uncertainty? This High-Yield Energy Infrastructure Toll Booth Under $30 Is Best Buy Now
24/7 Wall St.101d agobullish
Market Uncertainty? This High-Yield Energy Infrastructure Toll Booth Under $30 Is Best Buy Now

With inflation still pinching household budgets and energy bottlenecks creating real chokepoints across the U.S. grid, the businesses that physically move molecules from wellhead to power plant have rarely looked more strategic. Pipelines act as literal toll booths in this environment, collecting fees on volumes locked into long-term contracts and insulated from day-to-day commodity price ... Market Uncertainty? This High-Yield Energy Infrastructure Toll Booth Under $30 Is Best Buy Now

NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)
InvestorsHub101d agobullish
NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)

Shares of NANO Nuclear Energy (NASDAQ:NNE) surged 14% after the company announced the acquisition of Secured Transportation Services LLC, a specialist provider of nuclear logistics and transportation services. Acquisition expands nuclear transportation capabilitiesThe deal adds Secured Transportation Services, a company with more than two decades of experience in transporting nuclear materials, to NANO Nuclear’s growing operations.

Marvell shares jump after analysts lift price targets ahead of earnings (MRVL)
InvestorsHub101d agobullish
Marvell shares jump after analysts lift price targets ahead of earnings (MRVL)

Shares of Marvell Technology (NASDAQ:MRVL) surged 7% on Tuesday after several Wall Street firms raised their price targets ahead of the company’s earnings release scheduled for Wednesday. HSBC issues Street-high target on AI infrastructure optimismHSBC upgraded Marvell to Buy and increased its price target to $300 from $85, establishing the highest target currently on Wall Street.