Equitable Holdings is rated a Strong Buy due to strong financials, a favorable interest rate environment, and the upcoming merger with Corebridge. The company is expected to generate $1.8 billion in cash and return at least $4.30 per share in capital by 2026, supported by an 8% reduction in share count through buybacks. The merger with Corebridge is projected to create $550 million in cost synergies and boost earnings per share by about 10% by 2027, with minimal regulatory risks. Shares currently trade at a low multiple of 7 times earnings, with potential for price gains toward the mid-$60s as earnings grow beyond $8 per share.
Boston Scientific reported solid Q2 2026 results with 7.5% sales growth and 14.7% adjusted EPS growth, driven by strong international demand, particularly in electrophysiology and WATCHMAN devices. Despite facing growth headwinds in the U.S., the com...
Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscription...
Pampa Energia reported a 75% year-over-year increase in adjusted EBITDA to $415 million in Q2, fueled by rapid scaling of the Rincón de Aranda project and power generation. The company also benefits from the recent RIGI approval and the $2.7 billion ...
Oil prices remain below recent highs as hopes for a quick U.S.-Iran deal to reopen the Strait of Hormuz fade. Despite Washington signaling progress, Tehran demands conditions before reopening, causing uncertainty. Analysts warn that if the deadlock c...
A U.S. judge dismissed the bribery case against Indian billionaire Gautam Adani, ending his legal troubles in the U.S. The case involved allegations of paying over $250 million in bribes to Indian officials to secure solar energy contracts and mislea...
