ROYAL BANK OF CANADA (RY)

AI breakthroughs are speeding up the development of humanoid robots, but investors are still skeptical

Investors seeking AI plays may want to consider humanoid robots, which some analysts expect to begin replacing human workers at scale by the end of the decade.

Lennar price target lowered to $130 from $160 at RBC Capital

RBC Capital lowered the firm’s price target on Lennar (LEN) to $130 from $160 and keeps an Underperform rating on the shares after its Q4 earnings miss and below-consensus guidance. The firm warns that material gross margin improvement for Lennar will remain elusive given “higher for longer” interest rates and the management remaining steadfast in its focus on aggressive volume targets using gross margins as a lever, the analyst tells investors in a research note. RBC also notes the potential fo

Pyxis Oncology price target lowered to $8 from $10 at RBC Capital

RBC Capital analyst Leonid Timashev lowered the firm’s price target on Pyxis Oncology (PYXS) to $8 from $10 and keeps an Outperform rating on the shares. The company’s pipeline update to prioritize PYX-201 over further investment in PYX-106 is “prudent” given the early signs of activity and the operating expense savings that will be leveraged to continue to advance PYX-201 development, though the firm is reducing its price target on lower “pipeline optionality”, the analyst tells investors in a

Venture Global applies to list on NYSE

Venture Global has applied to list its class A common stock on NYSE under the symbol "VG", according to a company filing on Friday.

The S&P 500 hit more than 50 all-time highs this year. Is it too late to invest?

How to invest when stocks are at all-time highs.

RBC Wealth Management names new Pacific Northwest lead

RBC Wealth Management Is 'Overweight' US Stocks, Gold

Jasmine Duan, senior investment strategist at RBC Wealth Management Asia, talks about the Republican-led House's rejection of a temporary funding plan backed by President-elect Donald Trump, Federal Reserve policy, and the implications for financial markets. She also explains why she favors gold. She speaks on "Bloomberg: The Asia Trade."  (Source: Bloomberg)

BlackBerry Stock Slips Ahead Of Q3 Results, Analysts Worried About Slow Growth: Retail Remains Loyal

RBC Capital Markets said BlackBerry’s sale of Cylance at a higher-than-expected takeout price removes a major overhang on the stock price.

Bloomberg Brief 12/19/2024

“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today's guests: Mark Dowding, RBC CIO & Senior Portfolio Manager; Adam Posen, PIIE President. (Source: Bloomberg)