Morgan Stanley names Nokia (NOK) a top pick with €8.50 target, citing accelerating AI and cloud infrastructure demand driving optical networking growth.
Author: Trader Edge
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Zillow (Z) stock rebounds 6% from 52-week low as JPMorgan says concerns are overblown. March 24 AI summit eyed as key catalyst for recovery.
Adobe (ADBE) settles DOJ lawsuit for $150M over hidden cancellation fees. Stock fell 5.62% as company agrees to pay penalties and provide free services.
Block (XYZ) stock dropped 7% to $60 on legal concerns but rebounded to $81 after major restructuring and guidance boost. Analysts remain bullish with targets up to $105.
Micron (MU) stock climbed 5% Friday as top analysts boosted price targets ahead of Q2 earnings, citing unexpectedly strong memory pricing trends.
Boeing (BA) wins $2.43B in U.S. Air Force contract modifications for E-7A Wedgetail aircraft, bringing total program value to $5.01B through 2032.
Apple (AAPL) lowers China App Store fees to 25% from 30% following regulatory talks. Small developers see cuts to 12%. Stock edges up 0.3% premarket.
Airbus and Kratos (KTOS) collaborate on Valkyrie combat drones with European mission systems for Germany’s Air Force, targeting 2029 deployment with AI integration.
SentinelOne (S) stock fell 4% after strong Q4 results, as FY2027 revenue guidance of $1.195B-$1.205B disappointed despite crossing $1B revenue milestone.
Carvana (CVNA) shares jumped 3% after the board approved a historic 5-for-1 stock split. Shareholders vote May 5. Trading starts May 7 if approved.
Carvana (CVNA) shares gained 3% after the board approved its inaugural 5-for-1 stock split, awaiting shareholder approval at the May 5 annual meeting.
Apple (AAPL) slashes China App Store fees to 25% from 30% after regulatory talks. Small developers see rates drop to 12%. Stock up 0.3% in premarket.
Bumble (BMBL) stock rocketed 34% after CEO Whitney Wolfe Herd revealed AI dating assistant ‘Bee’ on the Q4 earnings call—its largest gain since 2022.
Core PCE inflation hit 3.1% in January 2026, exceeding the Fed’s 2% target. Markets anticipate rates will stay at 3.5%–3.75% at the upcoming meeting.
Circle Internet (CRCL) stock gains analyst upgrades as USDC volume overtakes Tether. Price targets range from $85 to $190 amid 49% YTD rally.