$ACHR today announced Halo , the commercial variant of a jointly-developed dual-use platform built to serve both defense and commercial applications. #Anduril unveiled Thunder, the defense variant of the platform , on Monday at the Farnborough International Airshow.
#WellsFargo cut its #Arm price target to $350. pointed to a tough setup into earnings next week, they expect limited change to the chip designer's existing 20% revenue growth forecast for 2027. Data center strong, but smartphone and PC markets could offset some of that.
$GEV is off 4% after reporting a noisy quarter. EPS looks like a big miss, but unclear if that's comparable to estimates. Order growth of 88% in the quarter, the increase to the full-year revenue guide, and measured capacity additions.
Top and bottom-line beat for $Capitalone Last night's release was a positive step, though not a home run. Longtime CEO Richard Fairbank is investing heavily to make Capital One look more like American Express. Shares are flat this morning
$T is up 4% thanks to a fantastic quarter. revenue was a slight miss, earnings topped expectations. AT&T is stepping up buybacks to take advantage of the stock's recent declines, mostly driven by concerns about competition from $SPCX satellite internet service Starlink.
Shares of $SMCI are surging more than 14% after the AI server maker issued preliminary fiscal fourth-quarter results. They're expecting much stronger gross margins than before and received over $60 billion in new orders during the June quarter
$Nike is cleaning up its digital presence in China, which has been its most problematic market in recent quarters and overshadowed some of CEO Elliott Hill's turnaround progress in North America.
#Bernstein raised its price target on $3M to 145 after the industrial conglomerate's strong quarter. They're lagging behind the stock, which closed at nearly $171 yesterday. #UBS went to $218 from $190.
$Danaher saw its price target lowered to $220 from $260 at #Stifel. Headline numbers for the second quarter were strong, but analysts said the underperformance in its key bioprocessing business was "the obvious focal point." #Guggenheim went to $200 from $235 for similar reasons.
#GOOGLE increased size of its equity capital raise to $84.75B from the previously announced $80B, according to a regulatory filing on Tuesday. This includes a pledge by Berkshire Hathaway to invest $10 billion in the tech giant. Price: 358.91, Change: +0.51, % Change: +0.14