Warner Bros. Discovery (WBD) attracted significant investor attention after Third Point disclosed a $533 million stake, signaling confidence in the media company's turnaround. Despite a slight revenue miss in Q2 2026, WBD beat earnings expectations and saw a 63% increase in streaming EBITDA, with streaming revenue surpassing $3 billion. The company's bullish outlook is supported by a strong 2027 film slate and potential Paramount merger, targeting a price of $31.88 with 13.89% upside. Risks include high debt and declining linear ad revenue, but overall, the stock is recommended as a moderate confidence buy with growth expected through 2030.
Ethereum price climbed nearly 2% on August 17, reaching an intraday high near $1,912 after buyers defended support around $1,872 and pushed ETH above $1,900. A large whale transferred 32,400 ETH worth $61.46 million into Ethereum's staking contract, ...
U.S. clean energy and transportation investment rose 4% year-over-year to $75 billion in Q2 2026, driven by a 21% increase in sales of electric vehicles, home batteries, and heat pumps. Residential battery storage installations surpassed solar panel ...
Intuitive Machines stock rose 6% following an announcement of an authorization to proceed on a multi-satellite communications program valued at over $600 million. The company will use its IM 1300 satellite platform for this project, which adds to its...
Amazon briefly surpassed a $3 trillion market cap in early August but pulled back slightly after. Despite this, analysts at 24/7 Wall St. see a 30.51% upside with a price target of $342.78 over the next year, citing strong Q2 revenue growth of 19.62%...
Rothschild & Co Redburn upgraded Apple to Buy from Neutral and raised its price target to $400, driven by the expected launch of a foldable iPhone in September and a shift in Apple's AI strategy. The foldable iPhone, priced at $2,199, could boost ave...
