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JPMorgan upgrades Nike to overweight, citing a multiyear recovery path

CNBC: Investing

One of the parts is global inventory and sales growth finally "on track" to alignment by the end of the second quarter in 2026. " The analyst believes Nike's multiyear recovery path is based on several key parts. our FY28 10.0% margin estimate)," he added.

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The rebundling conundrum

The TRADE

In May, the UK’s Financial Conduct Authority’s (FCA) implemented new rules allowing fund managers to pay for research with a joint payment option, essentially allowing for the ‘bundling’ together of payments for trade execution and research.

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Marex to acquire Winterflood Securities from Close Brothers in £100 million deal

The TRADE

The post Marex to acquire Winterflood Securities from Close Brothers in £100 million deal appeared first on The TRADE.

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XTX Markets to make €1 billion investment in Finnish data centre project

The TRADE

Construction on the first data centre has begun, with completion planned for 2026. The post XTX Markets to make 1 billion investment in Finnish data centre project appeared first on The TRADE. In the coming years, the firm plans to build four additional data centres on the same site.

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Baird downgrades UnitedHealth shares, cites concerns over Optum Health business

CNBC: Investing

"With minimal successful offsets/mitigation through Y2 and re-coding back to pre-v28 levels seemingly unrealistic, we have low conviction on UNH's ability to maintain 1% VBC margins in 2026." Shares were down more than 1% in premarket trading Thursday following the downgrade.

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JPMorgan downgrades American Eagle following Sydney Sweeney-inspired rally

CNBC: Investing

Analyst Matthew Boss also established a December 2026 price target of $9, indicating shares could fall 23% from their Friday closing price. The bank downgraded shares of the retailer to an underweight rating from neutral in a Monday note.

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Analysts are getting more bullish on these names with strong earnings growth

CNBC: Investing

hyperscalers — which should drive AI to comprise over 40% of the company by 2026," the bank wrote. We believe the company is likely to sustain its dominant position in enterprise networking silicon, and will continue to leverage this leadership to drive majority share in custom silicon processors for major U.S.

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