Shares of easyJet dropped following downgrades from Citi and RBC Capital Markets. Both brokers raised their target prices but cited significant risks and obstacles to the Castlelake takeover deal, which has driven a recent rally in the stock. Citi downgraded easyJet to 'neutral/high risk' due to ongoing trading challenges and limited upside beyond the takeover scenario. RBC also lowered its rating to 'sector perform,' highlighting a roughly 50:50 chance of a deal and potential for a 20% gain if successful, but a 20% drop if it fails. Investors remain cautious as the outcome of the takeover remains uncertain.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Alpaca, a brokerage infrastructure startup, secured $435 million in funding to enter prime brokerage services, challenging traditional Wall Street firms. The company’s API supports 94% of US equities and powers tokenized stocks for Kraken. Alpaca’s t...
Raymond James Financial's rating was raised to "Buy" after positive investor event disclosures and a promising preview of its upcoming quarterly results. The company is expected to exceed earnings per share consensus for Q3 FY26, driven by strong per...
Whales have accumulated 70 million XRP over the past week, showing strong confidence despite XRP's price consolidating below resistance levels. The XRP Ledger surpassed 8 million activated accounts, indicating growing network adoption across payments...
Bunker Hill Mining Corp. has appointed Bradley Barnett as permanent CFO and Mark Hayes as General Counsel to support its transition to commercial production at the historic Bunker Hill Mine in Idaho. The company also achieved an improved 'A' grade in...
