Nike nearer-term financial expectations now largely ‘derisked’
Oppenheimer has upgraded Nike (NYSE) to “Outperform” from “Perform” and raised its price target to $120 from $110. Despite...
Welcome to the Trending News section of Finblog.com, your go-to source for the latest and most relevant updates in the financial world. This category is designed to keep you informed about the most current events, breaking news, and hot topics that are shaping the financial landscape.
This ‘hated, under-owned’ stock is a ‘true AI winner’ says Mizuho
Mizuho analysts labelled Adobe Systems (NASDAQ) a “true AI winner” in a recent note, highlighting the company’s under-appreciated AI...
The AI market opportunity: UBS offers a bottom-up perspective
The launch of ChatGPT in November 2022 has significantly accelerated AI adoption and investment, according to UBS analysts. In...
BofA: ESG investing has lost its sheen
Bank of America analysts noted a decline in Environmental, Social, and Governance (ESG) investing after a strong run from...
Declining short interest is what makes S&P 500 vulnerable: JPMorgan
JPMorgan warns that the S&P 500 could be vulnerable due to declining short interest in major ETFs like SPY and QQQ....
EV wave still on horizon, but smaller than prior tsunami
Bank of America analysts forecast a slower adoption of electric vehicles (EVs) than previously anticipated. EVs and hybrids are...
Biden vs Trump: Stocks that could benefit in the most likely US election outcome scenarios
As the US presidential election approaches in November, analysts predict rising equity market volatility due to policy uncertainty. An...
OpenAI Acquires Rockset to Enhance Enterprise Product Infrastructure
OpenAI, backed by Microsoft, has acquired search and database analytics startup Rockset to enhance its enterprise products’ infrastructure, the...
August 8 robotaxi day ‘a key historical moment for the Tesla story’
Wedbush analysts believe Tesla’s upcoming “AI Day” on August 8th could be a pivotal moment, potentially driving its stock...
Mizuho: Apple-Affirm partnership could boost gross merchandise volume by 35%
Mizuho’s recent analysis suggests that the collaboration between Affirm Holdings (NASDAQ) and Apple (NASDAQ) Pay could create a significant...