Marcus Reed

Major Analyst Downgrades Highlight Shifting Sentiment in Key Industrials and Financials

Roper Technologies, Martin Marietta Materials, and PRA Group See Ratings Adjusted Amid Market Reassessment

Leading Wall Street analysts have revised their outlooks for several prominent companies, notably downgrading Roper Technologies, Martin Marietta Mate...

Boeing Sees Revenue Growth Despite Continued Losses in Q4

Analysts Raise Target Prices Following Stronger-Than-Expected Sales and Operational Improvements

Boeing reported fourth-quarter revenues surpassing analyst forecasts driven by improved operational execution including the delivery of 160 aircraft. ...

Allstate: Turnaround Complete — Buy the Compounding Machine

Underwriting recovery, rising investment income, stronger capital returns; entry around $195, stop at $170, targets to $300.

Allstate (ALL) has moved from remediation to compounding. Recent quarterly results show a sharp improvement in underwriting and earnings power: Q3 fis...

Tether's Strategic Accumulation of Gold Surpasses 140 Tons Stored in Swiss Nuclear Bunker

Tether Prioritizes Gold Holdings Over Bitcoin Amid Market and Geopolitical Considerations

Tether Holdings, the issuer of the $186 billion USDT stablecoin, has made significant acquisitions of physical gold totaling around 140 tons, stored s...

Wall Street Launches Fresh Coverage With Varied Ratings on Select Stocks

Analysts initiate coverage on Oklo, Apellis Pharmaceuticals, Heartflow, and Bloom Energy with mixed outlooks and distinct price targets

Several prominent Wall Street analysts have initiated fresh coverage on key stocks including Oklo Inc, Apellis Pharmaceuticals, Heartflow Inc, and Blo...

Amazon Announces Additional 16,000 Job Cuts as Part of Ongoing Organizational Overhaul

Mass Layoffs Reflect Structural Streamlining Across Multiple Divisions

Amazon has disclosed plans to reduce its workforce by approximately 16,000 employees in a continuation of its organizational restructuring efforts ini...

C3.ai Shares Rise Sharply Amid Merger Talks With Automation Anywhere

Enterprise AI firm looks toward a potential acquisition to go public via task automation specialist

Shares of C3.ai experienced a significant pre-market increase following reports of merger discussions with Automation Anywhere, a private software com...

Mark Carney Affirms Consistency on Davos Speech Amid US-Canada Trade Strains

Canadian Prime Minister stands by his World Economic Forum remarks after discussions with President Trump

Canadian Prime Minister Mark Carney has firmly denied allegations that he retracted comments made during the World Economic Forum in Davos, stating ex...

Treasury Secretary Anticipates Multi-Year U.S. Economic Expansion Fueled by Legislative Tax Incentives

Scott Bessent Foresees CapEx-Driven Growth with Contained Inflation and Enhanced Consumer Benefits

U.S. Treasury Secretary Scott Bessent forecasts a sustained economic upswing extending over several years, propelled by recent legislative measures pr...

Heightened Tensions in Middle East Amid Potential U.S. Military Action on Iran

Regional Outreach Grows as Iran’s Rial Hits Historic Low and Diplomatic Efforts Intensify

Amid ongoing nationwide protests in Iran and fears of a U.S. military strike, regional actors have indicated resistance to permitting airspace use for...