Investing.com -- A natural gas pipeline project in New Mexico designed to supply an Oracle Corp. data center has been postponed, with the new expected start date pushed to early next year.
The Green Chile Project pipeline, previously scheduled to begin service on August 15, will now enter service on February 1, 2027, according to a Friday regulatory filing by Transwestern Pipeline, a subsidiary of Energy Transfer LP (NYSE: ET).
The pipeline will deliver up to 400,000... (continue reading...)
Investing.com -- Bernstein upgraded Wayfair to Outperform from Market-Perform and raised its price target to $125 from $100, citing stronger revenue growth and improving operating leverage following the company's second-quarter results.
The new target implies about 24% upside from Wayfair's Aug. 13 closing price of $101.13.
The brokerage said Wayfair's U.S. business was delivering high-single-digit revenue growth despite a largely stagnant furniture market, supported by... (continue reading...)
Investing.com -- The Chinese beauty e-commerce market recorded a gross merchandise value decline of 13.2% in July, according to Bernstein data. Tracked beauty companies posted a 3.8% GMV decline, outperforming the broader market. July represents approximately 3.5% of annual sales contribution.
L'Oréal grew GMV by 9% and gained 100 basis points of market share. The company's performance was supported by Kérastase, Lancôme, SkinCeuticals and YSL. CeraVe led sales growth at... (continue reading...)
Investing.com -- Goldman Sachs reported that China's retail sales growth has weakened over the past year, with nominal growth dropping from 5.0% year-over-year in the first half of 2025 to 2.5% in the second half of 2025 and further to 1.3% in the first half of 2026. The bank noted that real momentum was likely weaker when accounting for higher consumer price inflation.
The government-subsidized consumer goods trade-in program, which had supported retail sales from late... (continue reading...)
Investing.com -- HSBC downgraded Cisco Systems (NASDAQ: CSCO) to Hold from Buy and cut its price target for the stock to $120 from $137 in a note on Friday, saying that while fourth-quarter results were strong, the stock lacks a near-term catalyst.
"Solid results but missing catalyst," analyst Abhishek Shukla wrote, adding that the downgrade reflects "valuation and lack of positive catalysts."
Fourth-quarter non-GAAP operating profit came in 6% above consensus, HSBC... (continue reading...)
More General News
View Older Stories-
NANO Nuclear Announces Participation in Several Investor Conferences
-
Wells Fargo downgrades Roku to equal weight after strong second quarter
-
Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
-
Micron: New Street upgrades to buy, says memory is no longer a cyclical story
-
SanDisk upgraded at JPMorgan after investor day; shares climb
-
New data shows storage is strengthening while PC demand deteriorates
-
Morgan Stanley sees Fed on hold through year-end on disinflation
-
BofA says US yen intervention may need stronger follow-up
-
Could Intel return to the red-hot memory market after $20B raise and recent hire?
-
Fox upgraded to overweight as Roku deal, ad strength lift outlook
-
Wolfe Research cuts T-Mobile as revenue growth forecast risk tilts negative
-
Morgan Stanley sees limited gas regulation impact on utilities
-
Barclays says cooling U.S. data could stabilize tech stocks
-
Reddit surges premarket on index inclusion; Applied Materials’ dips
-
Capital One beats Q2 EPS by $1.13 as Discover integration gains pace
-
Macquarie favors BSL, RWC, REH in Australian earnings season
-
Are KOSPI and SOX in a bubble? Citi answers
-
Wells Fargo says CTAs bought US equities, gold and Treasuries
-
Barclays: US stocks sell off despite historic earnings beats
-
Reddit surges on S&P 500 inclusion, set to replace AvalonBay
-
Citi reiterates Buy rating on SanDisk with $2,100 target
-
Exclusive-Apple trains its own AI model for China market with Alibaba's support, sources say
-
Applied Materials posts record Q3 revenue as AI demand boosts chip equipment sales
-
Nyc Pied-a-terre Tax Can Proceed For Now, Appeals Court Says - Bloomberg
-
Workday stock surges on Silver Lake buyout talks report
-
Webull details mechanics behind managed portfolio launch
-
OpenAI revenue chief quits after less than a year
-
Evercore ISI comments on SanDisk investor day
-
USS George Washington heads to Middle East after record 265-day Lincoln deployment
-
Exclusive: BitGo says institutional conversations are shifting to tokenization
-
Jefferies sees a buying opportunity in this S&P 500 sector
-
Jefferies upgrades Five Below to Buy, sees path to TJX-like re-rating
-
Wolfe Research upgrades Biogen, AbbVie on pipeline strength and valuation
-
Barkin flags sticky inflation at 3.7% PCE but declines to tip September rate path
-
Burry doubles down on Nebius short after stock surges 34% on earnings
-
Morgan Stanley comments on Japanese chemical firms posting strong quarterly results
-
Ackman unveils six new investments including Netflix, Visa, Mastercard in portfolio overhaul
-
Accelerant, Harmonic surge, Cisco slides premarket on margin outlook
-
BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
-
Tapestry shares tumble despite earnings beat
-
Birkenstock surges on revenue beat, higher full-year outlook
-
JD.com slips as revenue decline outweighs forecast beat
-
Yeti raises full-year EPS outlook after Q2 earnings beat
-
JPMorgan gets bullish on Salesforce, says concerns are "overblown"
-
Jefferies: Farm equipment sales fall in July amid tractor decline
-
S&P 500 notches record-high close as rate-hike worries ease
-
Pou Sheng sees China sportswear revenue recovery by 2028
-
BofA says packaged food price cuts failed to boost volumes
-
Jefferies reviews India quick commerce discounting in Bangalore
-
Goldman Sachs raises Europe stock earnings forecast to 15%
