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Citi upgraded ANZ Group (ANZGF) to Neutral from Sell with a price target of A$27.50, up from A$25.25. The firm cites the stock’s relative underperformance and valuation support for the upgrade. The analyst also thinks new CEO risk is now better reflected in the shares. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ANZGF: ANZ Group Holdings Announces Cessation of Securities
In 2011, a burnt-out Charles Coristine left his Wall Street job and bought a "flatlining" snack company. Here's how he turned LesserEvil around.
"The idea that we are in a digestion phase for AI is laughable given the obvious need for more inference chips," Morgan Stanley said.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Tracie McMillion, Wells Fargo Investment, Gerard Barron, The Metals Company, Daniel Pilling, Sands Capital, Nouriel Roubini, Roubini Macro Associates, John Butler, Bloomberg Intelligence, Kristen Bitterly, Citi Global, Brian Harbour, Morgan Stanley, Dave Lee, Bloomberg Opinion, Kim Wallace, 22V Research, Julia Coronado, Macropolicy Perspectives, David Mullings, Blue Mahoe Capital. (Source: Bloomberg)
Skechers (SKX) reported mixed first-quarter 2025 results on Thursday, delivering record sales but falling short of revenue expectations. The foo...
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President Donald Trump’s meme coin was supposed to unlock for some insider sales, but that move got delayed by 90 days.
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These five financial stocks pay solid dividends and are on Bank of America's buy list.
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Senators Adam Schiff and Elizabeth Warren are calling for an ethics investigation into President Trump's promotion of his meme coin.
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The SEC’s Crypto Task Force hosted its first major roundtable under Chair Paul Atkins, signaling a shift toward a friendlier posture.
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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
(Bloomberg) -- Elon Musk’s X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting on dollars generated from artificial intelligence and subscriptions — a change that appears to have buoyed its revenue lately.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just A
Jitania Kandhari, Deputy CIO of Solutions & Multi-Asset at Morgan Stanley Investment Management joined Bloomberg Open Interest to discuss the changing sentiment surrounding the dollar's credibility as the reserve currency. (Source: Bloomberg)
Scotiabank analyst Nick Altmann lowered the firm’s price target on Amplitude (AMPL) to $10 from $12 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds. The firm continues to see a favorable setup for Amplitude. Published first on TheF
Scotiabank raised the firm’s price target on AT&T to $29.50 from $29 and keeps an Outperform rating on the shares. The company continues to deliver steady growth supported by a balanced subscriber loading go to market strategy, the analyst tells investors. The firm is increasing its price target due to a slight increase in its medium-term growth assumptions on wireless and consumer segments. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try
Intel said it expects second-quarter revenue to be between $11.2 billion and $12.4 billion, missing analysts’ forecast of $12.8 billion.