Scotiabank raised its price target for Brookfield Asset Management to $59, reflecting an 11.9% potential gain from its current price. This upgrade follows Brookfield's strong second-quarter results, including a 20% year-over-year increase in fee-related earnings to $808 million and a record $77 billion raised in fundraising. The company's fee-bearing capital also grew 19% to $672 billion, supported by a $40 billion mandate from Just Group. These results highlight Brookfield's robust performance and growth prospects in alternative asset management.
D-Wave Quantum reported Q2 revenue of $3.08 million, missing estimates of $4.08 million, and posted a wider adjusted loss per share of $0.13. The company's operating loss increased to $53.30 million due to investments in product development and comme...
Morgan Stanley maintained an Overweight rating on Warner Music Group (WMG) with a revised price target of $36, down from $39, reflecting confidence in the stock's growth potential. WMG reported a 9% increase in total revenue and a 15% rise in Adjuste...
Zai Lab Limited reported a second-quarter earnings per share (EPS) of -$0.46, beating analyst expectations of -$0.57 by 19.3%. However, its quarterly revenue fell 3.3% year-over-year to $106.31 million, slightly missing estimates. The company remains...
Ellington Financial Inc. is set to report its Q2 2026 earnings with analysts forecasting an EPS of $0.46 and revenue of $114.59 million. Revenue is expected to rise year-over-year, driven by its investment portfolio and Longbridge unit focused on rev...
AZIO AI Holdings has entered an agreement to purchase up to 128 NVIDIA HGX B300 GPU systems, valued at approximately $77 million, to address the growing shortage of AI compute infrastructure. This deal follows an earlier hosting agreement with Power ...
