Wedbush downgrades The Trade Desk (TTD) to underperform with $23 price target after OpenAI partnership rally, citing overblown expectations and slowing growth.
Author: Trader Edge
Read More
Zealand Pharma (ZEAL) crashed 32% after its obesity drug petrelintide achieved only 10.7% weight loss in Phase 2, missing analyst targets of 12-15%.
GE Aerospace (GE) fell 3.7% on profit-taking despite beating Q4 earnings and raising 2026 guidance. Analysts maintain bullish outlook with targets up to $380.
Samsung announces AI smart glasses with camera for 2026 launch. Project HAEAN will challenge Meta’s market leadership with smartphone integration.
Ciena (CIEN) dropped 13% after strong Q1 earnings. Bank of America upgraded to Buy with a $355 target as analysts see opportunity in the selloff.
Bank of America upgrades Ford, GM, and Tesla stock for 2026, citing profitable truck sales, EV pullback, and Tesla’s robotaxi growth potential.
Gold drops 3% this week despite Middle East tensions. Strong dollar, rising yields, and fading Fed rate cut hopes drive the precious metal’s first loss in a month.
ServiceNow (NOW) stock jumped 6% as CEO William McDermott addressed AI concerns and launched two government AI products. Analysts maintain Strong Buy rating.
Wedbush sets a $350 price target for Apple (AAPL), the highest on Wall Street, citing strong earnings and new M5-powered Mac lineup as catalysts.
Marvell (MRVL) stock surges 11% after crushing Q4 earnings expectations with strong data center revenue and guidance. Analysts upgrade ratings.
Pentagon designates Anthropic a supply chain risk, blocking Claude AI from defense contracts—a label typically used for foreign adversaries like Huawei.
Oil prices surge to multi-year highs as Middle East conflict threatens Strait of Hormuz supply, with Brent near $89 and WTI climbing 5.3%.
Nike (NKE) reveals ~$300M in pre-tax restructuring charges for Q3 FY2026 from layoffs. Stock down 26% over 12 months as CEO Elliott Hill continues cost cuts.
Dogecoin (DOGE) drops 8.23% to $0.094, testing critical support. Foundation announces Fractal Engine plan for asset-backed currency via RWA tokenization.
Morgan Stanley files amended SEC registration for spot Bitcoin ETF. The trust will use Coinbase Custody for storage and list on NYSE Arca pending approval.