Sharemaestro Newsreel

Citi to acquire Kard commerce media and rewards platform (C:NYSE)

Citigroup's U.S. consumer cards business has agreed to acquire Kard Financial, a commerce media and rewards platform. Kard helps financial institutions enhance customer engagement by providing personalized offers. This acquisition aims to boost Citi's capabilities in this area.

Canadian Imperial Bank of Commerce (TSE:CM) Given New C$153.00 Price Target at Jefferies Financial Group

Jefferies Financial Group has increased its price target for Canadian Imperial Bank of Commerce (TSE:CM) to C$153.00, up from C$143.00, while maintaining a "hold" rating. Despite this increase, the new target implies a potential downside of 10.34% from the stock's previous close. The bank …

Is JPMorgan Chase (JPM) Undervalued Following Its Latest Long Term Funding Moves?

JPMorgan Chase (JPM) recently issued new callable notes with maturities up to 2056, providing insight into its long-term funding. Despite strong share price momentum and being only slightly below analyst targets, Simply Wall St's narrative suggests JPM is 2.3% undervalued, with a fair value …

Bank of Montreal (BMO:CA) Strong Technicals Versus Neutral Analyst Sentiment

TD Bank Group (TD:CA) Analysts Raise Targets as Strong Buy Signal Points to Further Upside

Analysts have raised price targets for TD Bank Group (TD:CA) following a "Strong Buy" technical signal and consensus analyst "Buy" rating. Jefferies & Co. increased its target to C$159, while National Bank significantly raised its target to C$190, citing increased confidence in TD's earnings …

Toronto-Dominion Bank Is Maintained at Outperform by Raymond James

Raymond James has reiterated its "Outperform" rating for Toronto-Dominion Bank. This indicates a positive outlook on the bank's stock performance from the analytical firm.

Cisco Systems' Fiscal 2027 Revenue Outlook Seen As Conservative, UBS Says

Cisco Systems (CSCO) initial fiscal 2027 revenue outlook appears conservative, with UBS's analysis of orders and backlog suggesting the implied second-half growth rate could be understated by at least 5 percentage points.The company raised its fiscal 2027 AI revenue outlook to Silver Upgrade to …

Canadian Imperial Bank of Commerce (TSE:CM) Stock Price Expected to Rise, National Bank Financial Analyst Says

Bank Of New York Mellon (BNY) Adds Vikram Malhotra To Its Board

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. BNY (NYSE:BNY) has appointed Vikram Malhotra, former Chairman of the Americas at McKinsey & Company, as an independent director to the Board of …

JPMorgan Chase (JPM) Stock Looks Reasonable On A 166% Five Year Run

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. JPMorgan Chase stock has delivered a strong 166.0% total return over the past 5 …

AMD Gets a Bigger AI Opportunity as CPU Market Expands

This article first appeared on GuruFocus. Advanced Micro Devices Inc. (AMD, Financials), the chipmaker competing across CPUs and GPUs, could benefit from a much larger server processor market as agentic artificial intelligence drives new demand inside data centers. Warning! GuruFocus has detected 4 Warning …

JPMorgan Says the AI Threat to Salesforce Is Overblown

JPMorgan initiated coverage on Salesforce (NYSE:CRM) with an Overweight rating and a $250 price target, stating that concerns about AI disruption and competitive dynamics are "overblown." Analyst Samik Chatterjee anticipates a pickup in core business growth and believes the market has already factored in …

Toronto-Dominion Bank (TSE:TD) Stock Price Expected to Rise, National Bank Financial Analyst Says

JP Morgan Revises Microsoft Stock Target For 2026

This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) is winning a more bullish call from JPMorgan (NYSE:JPM) as accelerating Azure growth and expanding Copilot adoption strengthen the case that its massive AI infrastructure buildout is beginning to translate into higher-value software revenue. Analyst Samik …

Intel Stock Jumps as Bank of America Sees Bigger CPU Market

This article first appeared on GuruFocus. Intel (NASDAQ:INTC) shares climbed 3% Thursday after Bank of America lifted its long-term view for server processor demand, pointing to artificial intelligence workloads as a potential source of additional CPU growth, according to a Thursday analyst note. Bank …

JPMorgan Says Salesforce Investors Miss Bigger Story

This article first appeared on GuruFocus. JPMorgan is turning bullish on Salesforce (NYSE:CRM), arguing that investors have pushed concerns about artificial intelligence and slowing growth too far. The bank initiated coverage of Salesforce with an Overweight rating and a December 2027 price target of …

Price to sales forward of UBS Group AG – BX:0UB

This page from TradingView provides financial data for UBS Group AG (BX:0UB), specifically focusing on its forward price-to-sales ratio. It indicates that the market was closed at the time of viewing, with no trades made. The content primarily serves as a financial data display …

JPMorgan Just Upgraded Salesforce Stock. Here's Why.

JPMorgan upgraded Salesforce (CRM) stock to "Overweight" with a $250 price target, citing its attractive valuation at less than 4x sales, which the analyst believes is overly punitive. The upgrade comes despite the stock being down over 20% year-to-date, with JPMorgan analyst Samik Chatterjee …

ING Groep (ING) reports 514 positions worth $20.46B in latest 13F

ING Groep (ING) has filed its latest 13F report, disclosing 514 U.S. equity positions with a total aggregate value of $20.46 billion. The filing confirms that ING Groep is the sole institutional investment manager for these holdings, with no other managers included. This report …

Selena Gomez Accused of Fraud by Mental-Health Startup Investors

(Bloomberg) -- Pop star Selena Gomez is being accused of fraud by investors who claim she failed to deliver on promises to leverage her global celebrity and social-media following to promote her mental-health startup, which collapsed last year. Most Read from Bloomberg Anthropic in …

Why Arm Holdings Stock Popped Today

Arm Holdings (NASDAQ: ARM) stock jumped 4% through 12:45 p.m. ET Thursday. You can thank the friendly bankers at Bank of America for that. In a note out this morning discussing the semiconductor market, BofA analyst Vivek Arya revised his forecast for growth in …

HSBC Holdings (HSBC) expands 2026 buy-back with UK and Hong Kong share repurchases

HSBC Holdings has announced further progress on its share buy-back program, repurchasing 1,650,000 ordinary shares on UK venues and 340,000 on the Hong Kong Stock Exchange on August 13, 2026. Since the program began on August 5, 2026, HSBC has bought back 6,670,400 shares …

BofA picks AMD and Nvidia as AI chip winners in massive CPU market

This article first appeared on GuruFocus. Bank of America (BAC) is becoming more bullish on processors as the rise of AI agents could create a larger role for CPUs inside data centers. The firm now sees the server CPU opportunity surpassing $210 billion by …

Citigroup to Buy Kard Financial

Citigroup's U.S. consumer card business is set to acquire Kard Financial, a company that operates a commerce media and rewards platform. This acquisition aims to enhance Citi's commerce ecosystem by providing more personalized rewards and offers to customers. Although the terms were not disclosed, …

BofA Reveals Its AI Stocks To Buy List

This article first appeared on GuruFocus. Bank of America is turning more bullish on the next leg of AI infrastructure, naming Advanced Micro Devices (NASDAQ:AMD) its top CPU pick and Nvidia (NASDAQ:NVDA) its overall semiconductor pick as agentic AI drives a potentially dramatic increase …

Is It Time to 'Buy the Dip' on eBay Stock?

eBay Inc (NASDAQ:EBAY) was last seen up 1% to trade at $103.29, bouncing off last session's three-month lows thanks to a price-target hike from Citigroup to $130 from $127. Though the $120, just shy of the stock's May 20 record high of $119.31, has …

What Wells Fargo sees that most lenders miss

Wells Fargo is addressing the rising tide of auto loan fraud, which reached $9.2 billion in 2024, by shifting its fraud detection resources to pre-funding stages. The bank is moving away from traditional document verification, which is easily circumvented by AI-generated fakes, towards income …

Oil's Rally Stalls as Hormuz Deadlock Brings Flows Into Focus

Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz.Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy …

Flutter Entertainment (FLUT): CIBC discloses 7.3% ownership stake in shares

Canadian Imperial Bank of Commerce (CIBC) has reported a 7.3% ownership stake in Flutter Entertainment plc, consisting of 12,578,113 common shares. This beneficial ownership includes sole voting and sole dispositive power, as detailed in a recent SCHEDULE 13G filing. The filing indicates that CIBC …

Sanofi: Information concerning the total number of voting rights and shares - July 2026

Sanofi Winthrop Industrie Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and article 223-16 of the Règlement général de l'Autorité des Marchés Financiers (Regulation of the …

Clear Channel Outdoor falls amid report on Mark Walter

[Truck stop billboard in the desert] Gary Yeowell Clear Channel Outdoor (CCO [https://seekingalpha.com/symbol/CCO]), which is being acquired by Mubadala Capital and TWG Global for $6.2 billion, dropped 2.3% after a report about Mark Walter's TWG Global. TWG has been exploring a range of deals …

Barclays ADR sits 1.5% below its high as bank breadth strengthens but volume thins

BCS added 2.7% for the week and remains comfortably above its weekly Trend Line, but the latest advance came on only 0.7 times 13-week average volume.

Q2 Earnings Outperformers: PNC Financial Services Group (NYSE:PNC) And The Rest Of The Diversified Banks Stocks

Q2 Earnings Outperformers: PNC Financial Services Group (NYSE:PNC) And The Rest Of The Diversified Banks Stocks As the Q2 earnings season wraps, let's dig into this quarter's best and worst performers in the diversified banks industry, including PNC Financial Services Group (NYSE:PNC) and its …

WFC Stock Gains 20.5% in 3 Months: Buy, Hold or Sell the Stock Now?

Wells Fargo & Company WFC shares have gained 20.5% over the past three months, outpacing the industry's 16.1% growth. Its peers, Bank of America BAC and Citigroup C, have risen 30% and 10.2%, respectively, over the same period. Price PerformanceZacks Investment Research Image Source: …

America builds what it needs: Citigroup CEO Jane Fraser

Citigroup CEO Jane Fraser discussed the latest July CPI inflation data, the Federal Reserve's interest rate policy, corporate dealmaking regulations, and the future of AI investments with Cheryl Casone on 'Mornings with Maria'. Fraser highlighted America's competitive advantage in evolving global markets.

JPMorgan Chase & Co. Cuts Chemours (NYSE:CC) Price Target to $15.00

JPMorgan Chase & Co. has lowered its price target for Chemours (NYSE:CC) from $22.00 to $15.00, while maintaining a "neutral" rating, indicating a slight downside from its current price. This adjustment follows Chemours missing its quarterly EPS and revenue estimates. Analyst sentiment for Chemours …