Investing.com -- Macquarie initiated coverage of Pony.ai with an Outperform rating, saying the Chinese autonomous driving company is well placed to turn robotaxis from pilot projects into a viable commercial business, with 2026 shaping up as a key inflection point.
The brokerage said Pony is among the leaders in robotaxi commercialisation in China and is positioned to benefit as regulation, rather than technology, remains the main barrier to large-scale rollout.... (continue reading...)
Investing.com -- Dollar General shares opened higher on Monday after JPMorgan upgraded the discount retailer to Overweight, citing improving sales trends, margin expansion and upside to earnings estimates following a recent management roadshow.
JPMorgan analyst Matthew Boss raised the bank’s December 2026 price target to $166, saying management is “back on offense” and positioned to deliver a “baseline” earnings growth profile.
JPMorgan’s valuation is based on roughly... (continue reading...)
Investing.com -- Spirit Aviation Holdings Inc. has secured access to $100 million in additional financing from creditors, providing a short-term lifeline as the ultra-low-cost carrier navigates its second bankruptcy in less than a year.
The company announced Monday it amended its debtor-in-possession credit agreement to access the incremental funding. Of this amount, $50 million is immediately available, while the remaining $50 million depends on Spirit making continued... (continue reading...)
Investing.com -- Kevin Hassett’s candidacy for Federal Reserve chair position is meeting resistance from influential advisors to President Donald Trump, despite previously being considered a frontrunner for the role.
According to a report from CNBC, sources familiar with the matter indicate that some high-level individuals with access to President Trump have expressed concerns about Hassett’s close relationship with the president. Ironically, this same closeness... (continue reading...)
Investing.com -- ServiceNow shares plunged more than 9% at the open on Monday after a report that the software group is in advanced talks to acquire cybersecurity firm Armis for up to $7 billion.
Bloomberg reported over the weekend that ServiceNow is nearing an agreement to buy Armis, though neither company has confirmed the talks.
In a note reacting to the news, Morgan Stanley highlighted the report, if accurate, would mark ServiceNow’s third acquisition proposal of... (continue reading...)
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