Indonesia is launching a massive state-owned textile enterprise backed by its sovereign wealth fund, aiming to shield the sector from U.S. tariffs and foreign competition. While the government sees it as a necessary lifeline, critics warn it could stifle private investment and crush smaller players.
Rosenblatt Securities reaffirms a Buy rating on Elastic N.V. (ESTC), citing the company's strategic positioning to capitalize on enterprise AI adoption and platform consolidation, even as it trims its price target to $110 ahead of quarterly results.
Bank of America reaffirms its Buy rating on Nvidia with a $275 price target, advising investors to view share weakness as a buying opportunity. The call comes as Nvidia deepens its AI ecosystem involvement through a major investment in OpenAI.
Analyst Dan Ives of Wedbush reiterates an Outperform rating on Amazon, citing robust cloud growth and a positive setup for the upcoming quarterly report. The firm forecasts strong operating income and sees 2026 as a potential inflection year for AWS.
Nintendo reaffirms its full-year operating profit forecast of ¥370 billion and Switch 2 sales target of 19 million units, navigating supply chain challenges and investor scrutiny over the new console's long-term momentum.
Gilead Sciences reports compelling Phase 3 data for its Trodelvy immunotherapy combined with Merck's Keytruda in frontline metastatic triple-negative breast cancer, marking a significant stride in its strategic pivot to expand beyond virology. The company also bolsters its pipeline through a new partnership with Repare Therapeutics.
OSI Systems reports strong Q2 fiscal 2026 results, driven by security and optoelectronics demand. The company raises full-year guidance and continues an aggressive share repurchase program, funded in part by a new $575 million convertible notes offering, reshaping its capital strategy amid solid earnings growth.
Entegris (ENTG) stock has captivated the market with a blistering 33% rally over the past month, extending a year-to-date gain of over 33%. As shares hover near $119, investors are grappling with a critical question: has the run-up outpaced the company's fundamental value?
JPMorgan Chase faces dual fronts of disruption as CEO Jamie Dimon's public critique of stablecoins at Davos highlights escalating tensions with the crypto sector, while a major lawsuit from former President Donald Trump alleges political bias, placing the banking giant's strategy and resilience under intense scrutiny.
Alliance Resource Partners, L.P. (ARLP) reported a significant rise in fourth-quarter profitability despite lower revenues, driven by stringent cost controls and record royalty volumes. The partnership also issued its 2026 coal sales guidance and maintained its quarterly cash distribution, signaling management's confidence in its contracted base and cash flow stability.
Despite a wave of bearish sentiment and significant fund outflows, underlying on-chain metrics and historical patterns suggest Bitcoin's stay below the key $80,000 level could be brief, with early signs of institutional accumulation emerging.
Former President Bill Clinton and former Secretary of State Hillary Clinton have agreed to appear before the House Oversight Committee, averting a contempt vote after weeks of tense negotiations and political pressure surrounding the Jeffrey Epstein investigation.
Wipro Ltd. (WIT) saw its stock jump nearly 7% Monday, breaking a three-day decline, following the introduction of 'Wipro Intelligence,' an integrated AI-powered model designed to streamline enterprise transformation for clients.
Shares of Western Digital Corp. (WDC) rallied sharply on Monday, breaking a two-day decline as the market positions for the company's upcoming 'Innovation Day' and its latest financial results, which showcased explosive growth tied to AI infrastructure demand.
Lumentum Holdings Inc. saw its stock price climb over 8% on Monday, extending recent gains as investors positioned themselves ahead of quarterly results. The rally was supported by a series of bullish price target upgrades from major Wall Street firms, citing the company's exposure to the infrastructure needs of agentic AI and advanced reasoning networks.
Corning Inc. (GLW) stock jumped nearly 7% Monday, fueled by investor optimism over its participation in a major federal rare earths initiative and a recent multi-billion dollar supply agreement with Meta Platforms.
Shares of SanDisk Corporation soared over 15% Monday, extending a five-day rally after Bernstein analysts dramatically raised their price target by 72%, citing explosive growth in AI-driven data center revenue and stellar quarterly earnings.
Nvidia's stratospheric valuation faces a reality check as CEO Jensen Huang downplays speculation of a $100B OpenAI investment. The chipmaker's role as the indispensable 'tollbooth' for AI infrastructure is under the microscope, with markets demanding tangible growth catalysts beyond sentiment.
Flowco (NYSE: FLOC) has struck a deal to acquire Valiant Artificial Lift Solutions for $200 million, a move that significantly expands its electric submersible pump (ESP) capabilities in the key Permian Basin and broadens its production optimization portfolio.
As millions of European workers await pay adjustments, new data reveals a continent deeply divided on minimum wage levels. While Western nations lead in nominal terms, purchasing power parity tells a more nuanced story of living standards across the EU and candidate countries.
