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Business

Analysts Revise Outlook on OFG Bancorp: What's Behind the Price Target Shift?

OFG Bancorp (OFG) is drawing renewed attention from Wall Street as analysts recalibrate their price targets, signaling a potential shift in the bank's investment narrative. The adjustments reflect evolving views on the Puerto Rico-based lender's strategic positioning, risk exposure, and emerging growth opportunities in a changing economic landscape.

Business

ASGN Bets Big on AI with Quinnox Acquisition and $1B Buyback: Strategic Pivot or Risky Gamble?

ASGN reaffirms strong Q4 2025 revenue guidance and launches a dual-pronged strategy: a $290 million cash acquisition of AI-focused consultancy Quinnox and a $1 billion share repurchase program. The moves signal a decisive shift towards high-value AI and digital implementation services, even as the company navigates elevated debt and integration challenges under its new Everforth brand.

Business

Moonshot AI's Latest Model Claims Edge Over U.S. Rivals as China's Tech Giants Secure Critical Nvidia Chips

Alibaba-backed Moonshot AI has unveiled an upgraded flagship model, Kimi K2.5, asserting superiority in video generation and agentic capabilities against leading U.S. models. The development coincides with Beijing's approval for major tech firms, including Alibaba, to import advanced Nvidia H200 AI chips, signaling a dual-track strategy in the intensifying global AI race.