News

Wells Fargo joins Wall Street chorus in lifting S&P 500’s annual target
Wells Fargo also lifted its earnings-per-share forecast for the S&P 500 index to $265 from $260. It raised its index target for 2026 to a range of 6900-7100 from 6400-6600.
Cantor upgrades Seagate despite soft outlook on rising cloud demand
Despite Seagate shares gaining 77% year-to-date, Cantor said there is further room for upside, recently lifting its price ...
Russian surgeons keep steady hands during massive Kamchatka quake
Kremlin spokesman Dmitry Peskov said there had been no casualties in Russia from the quake, crediting solid building ...
Bank of Canada sees reduced risk of global trade conflict
Investing.com -- The Bank of Canada said on Wednesday that the risk of a severe global trade conflict has decreased since April, with greater clarity emerging about potential U.S. tariffs.
Baird upgrades Ecolab on margin strength and improved outlook
Investing.com -- Baird upgraded Ecolab (NYSE: ECL) to Outperform from Neutral on stronger-than-expected margin gains, achievable long-term earnings targets, and the company’s most attractive valuation ...
JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up
(Reuters) -U.S. banking giant JPMorgan on Wednesday partnered with Coinbase (NASDAQ: COIN) to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange ...
Mercedes-Benz pauses EV deliveries to the US as demand falters
(Reuters) -Mercedes-Benz will pause deliveries of its EQ electric range to the United States, the carmaker said on Wednesday as it responded to slowing demand and high inventories at dealerships.
Italy’s economy unexpectedly shrinks in second quarter amid trade uncertainty
ROME (Reuters) -The Italian economy unexpectedly shrank by 0.1% in the second quarter compared to the first, preliminary data ...
Logitech on track to reduce China production amid US tariffs, CEO says
Investing.com -- Logitech (NASDAQ: LOGI) International is making significant progress in shifting production out of China to mitigate the impact of U.S. tariffs, CEO Hanneke Faber said Wednesday.
Federal Signal shares surge as Q2 results exceed expectations
Investing.com -- Federal Signal Corporation (NYSE: FSS) reported second-quarter earnings that surpassed analyst estimates, prompting the company to raise its full-year outlook and sending shares up 5% ...
LENZ Therapeutics shares surge as FDA review of presbyopia drug on track
Investing.com -- LENZ Therapeutics, Inc. (NASDAQ: LENZ) shares jumped 6.1% premarket after the pre-commercial stage biopharmaceutical company reported its second quarter financial results and ...
Verisk shares surge as earnings beat expectations, raises guidance
For the full year 2025, Verisk raised its revenue guidance to $3.09-3.13 billion from its previous forecast of $3.03-3.08 billion, now above the analyst consensus of $3.079 billion. The company also ...