News

ServiceNow shares jumped 8.4% following a Bank of America note that dismissed AI disruption fears, with a Buy rating and $130 price target.

Mizuho increased Royal Caribbean’s price target to $380 with an Outperform rating after Q1 2026 revenue hit $4.5 billion, up 11% YoY, and EPS of $3.48 beat guidance.

Evercore founder Roger Altman warns that surging crude oil prices could trigger a second major inflation shock, threatening U.S. stock market resilience.

Bernstein and UBS have raised their price targets for Delta Air Lines, citing strong long-term prospects and strategic initiatives. Bernstein increased its target to $88, while UBS set a new target of $95.

XRP spot ETFs have drawn $1.39 billion in net inflows since November 2025, but the token price remains stuck near $1.38, down 39% from its peak. Analysts point to a massive supply barrier at $1.45-$1.46 as the main obstacle.

A federal judge in San Francisco has approved a $100 million mortgage assistance settlement between Wells Fargo and shareholders over alleged discriminatory lending and hiring practices.

Berkshire Hathaway acquires $2.65B Delta stake, marking Greg Abel’s first major airline investment. The move contrasts with Warren Buffett’s past skepticism of the aviation sector.

Financial markets are shifting expectations toward a Federal Reserve rate hike, driven by shipping disruptions in the Strait of Hormuz and strong employment data.

Billionaire investors are backing Taiwan Semiconductor Manufacturing Company (TSM) as a top five-year investment, with Bank of America reiterating a Buy rating and a price target of 2,560 Taiwan dollars.

Bank of America Securities boosts Micron Technology price target to $950, citing a massive expansion in the AI data center market projected to reach $1.7 trillion by 2030.