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Okta Stock Upgrade Highlights AI Security Demand Ahead of Earnings
Arete Research upgraded Okta to Buy from Sell with a $127 target. The move comes ahead of fiscal Q1 earnings, with Wall Street watching AI-driven security demand.
Dell's AI Earnings Test Looms After Record Stock Run
Dell Technologies shares rose ahead of its fiscal Q1 earnings report, with investors keen on AI server demand and profit margins. Options pricing signals a potential 10% move.
Fidelity Bolsters Active ETF Team with State Street Hire
Fidelity International appoints Elisa Prezzavento as director of ETF product strategy, hiring from State Street to expand its active ETF lineup in Europe and Asia-Pacific.
Vertiv Stock Splits Opinion as AI Bets Diverge Among Funds
Vertiv (VRT) attracts divided institutional interest: New Age Alpha ups stake 466%, while two other funds reduce holdings. AI data center demand lifts Q1 sales 30%.
Bank of America Boosts Apple Target to $380 on AI Revenue Hopes
Bank of America raised its Apple price target to $380, betting on AI monetization via Siri. Shares edged higher, and split talk revived ahead of the developer conference.
Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.
Applied Digital Secures $7.5B AI Lease, Total Backlog Hits $31B
Applied Digital lands a $7.5B, 300MW lease with a major cloud provider, pushing its total contracted revenue to $31B and drawing bullish analyst upgrades.
SoFi Stock Drops 45% in 2026 as Loan Platform Concerns Mount
SoFi Technologies reported record Q1 results but shares remain under pressure, down 45% in 2026, as loan platform volume drops and guidance stays flat.
Uber's Bid for Delivery Hero Faces Investor Skepticism as Shares Trade Above Offer
Delivery Hero shares remain above Uber's €33 bid, with investors anticipating a higher offer amid competition from DoorDash and shareholder resistance.