Scotiabank has revised its rating on cybersecurity leader Fortinet (FTNT) from 'Sector Outperform' to 'Sector Perform', citing concerns that market optimism for 2026 may be premature. The firm maintains an $85 price target while acknowledging the company's core strengths.
Following its success in Ontario, PointsBet has secured regulatory approval to launch its sportsbook and iGaming platform in Alberta, marking a significant step in the province's move toward a competitive, regulated online betting market.
Amid strong GDP growth, Connecticut faces a shrinking workforce and high costs. CBIA President Chris DiPentima urges state lawmakers to reduce regulatory burdens and boost support for small businesses to ensure sustainable, inclusive economic expansion.
Advanced Micro Devices reports its Q4 and full-year 2025 results after the bell today, with Wall Street anticipating strong growth. All eyes are on the data center segment as investors gauge whether the chipmaker's AI strategy is gaining meaningful ground against rivals.
SanDisk's stock has skyrocketed over 180% this year, dramatically outpacing the market. While analysts remain broadly positive, the surge raises questions about valuation and sustainability as the company capitalizes on AI-driven demand.
In a significant push to expand domestic defense manufacturing, the Pentagon has finalized agreements with Lockheed Martin and L3Harris Technologies to dramatically accelerate production of key missile systems like THAAD and PAC-3 interceptors, part of a broader strategy to fortify the U.S. industrial base amid global tensions.
Souheil Badran, U.S. Bank's Chief Operations Officer, will retire this spring after a three-year tenure marked by a focus on digital transformation and client experience. The bank has activated its succession planning but has not yet named a replacement.
In a bid to fortify the broader financial ecosystem, BNY Mellon is providing free AI and technology training to executives from smaller lenders, arguing that empowering these institutions is both a duty and a strategic imperative.
Major corporations, from Pfizer to Amazon, are increasingly turning to flexible workspace providers to establish satellite offices, driving significant expansion in the sector despite a broader office market recalibration.
Leaked internal memo reveals Cracker Barrel is requiring employees to eat primarily at its own restaurants during business trips, while also curtailing travel and alcohol reimbursements, as the chain grapples with financial pressures and fallout from a controversial rebrand.
The Marzetti Company (MZTI) reported modest Q2 sales growth and announced a definitive agreement to acquire the premium Japanese-American barbecue sauce brand Bachan's for approximately $400 million, signaling a strategic push into high-growth, authentic flavor categories.
A flurry of strategic developments, including key permits and a major Saudi joint venture, propelled the mining developer's valuation past $1.5 billion, positioning it as a potential challenger to China's rare-earth dominance.
In a strategic shift, PepsiCo announces targeted price reductions of up to 15% on key snack lines including Lay's and Doritos, responding directly to sustained financial pressure on shoppers and the diverging 'K-shaped' economic recovery.
As SCR-Sibelco's stock hovers around €4,800, a significant gap emerges between its market price and a key intrinsic value estimate. With shares down nearly 12% year-to-date, investors are weighing whether recent weakness presents a buying opportunity or a sign of fundamental overvaluation.
Shares of Universal Technical Institute (UTI) have climbed nearly 17% in a month, reigniting the debate over its valuation. With revenue topping $835 million and a five-year return of over 350%, investors are weighing strong performance against premium multiples.
Facing a challenging year of declining sales, Chipotle launches a new 'Choices' ad campaign emphasizing fresh preparation and contrasts its methods with competitors. In a bold Super Bowl counter-programming move, the chain will give away free entrees during AI-generated commercial breaks.
Shares of the thrift retail chain have rebounded sharply in recent weeks, but a closer look at key valuation metrics reveals a complex picture. While a discounted cash flow model suggests significant upside, its price-to-sales ratio tells a more cautious story, leaving investors to question the stock's true fair value.
Union representatives at Ubisoft are calling for CEO Yves Guillemot to step down, citing a loss of trust following widespread layoffs, project cancellations, and a controversial return-to-office mandate.
PayPal shares plummeted over 18% after the company posted disappointing fourth-quarter results, issued a downbeat profit forecast, and announced Enrique Lores as its incoming CEO, replacing interim leadership.
The crypto miner turned infrastructure player has acquired two high-capacity sites in Kentucky and Maryland, boosting its total planned capacity to 2.8 gigawatts as it capitalizes on the soaring demand for compute and power.
