The dollar index (DXY00) today is down by -0.07%.  The dollar is slightly lower today amid a stronger yuan, which has rallied to a 2.75-year high against the dollar.   Also, comments on Tuesday evening from President Trump at the State of the Union address fueled trade uncertainty and weighed on the dollar when he reiterated his resolve to impose trade tariffs.  In addition, strength in stocks today has reduced liquidity demand for the dollar. Losses in the dollar are limited amid weakness in the yen, wh ...

Meta is planning to enter the stablecoin space later this year, pending integration with a third-party company to enable payments using the dollar-pegged token technology, Coindesk’s Ian Allison reports, citing three people familiar with the plans. The tech giant is aiming to begin stablecoin integration early in 2H26 and expects to integrate a vendor to assist in administering stablecoin-backed payments and implementing a new wallet. Published first on TheFly – the ultimate source for real-time, market- ...

Valued at a market cap of $264.9 billion, Morgan Stanley (MS) is an investment bank and financial services company based in New York. It provides investment banking, wealth management, investment management, and sales & trading services to corporations, governments, institutions, and individual clients. Companies worth $200 billion or more are typically classified as “mega-cap stocks,” and MS fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dom ...

H.C. Wainwright analyst Yi Chen raised the firm’s price target on Alpha Tau (DRTS) to $12 from $9 and keeps a Buy rating on the shares after Japan’s Ministry of Health, Labour and Welfare granted marketing approval for Alpha DaRT for the treatment of unresectable locally advanced or locally recurrent head and neck cancer. The approval in Japan further validates the Alpha DaRT platform and helps de-risk the clinical development in the U.S., the analyst tells investors. Published first on TheFly – the ulti ...

McKesson Corporation (NYSE:MCK) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Barclays Boosts McKesson (MCK) Price Target, Says Shares Likely to Stay in Favor On February 18, Barclays raised its price objective on McKesson Corporation (NYSE:MCK) to $1,050 from $960. The firm reiterated an Overweight rating on the shares. Analysts said the stock is expected to “remain in favor” as investors look for “pockets of safety within healthcare.” At the same time, the firm noted that McK ...

Enbridge Inc. (NYSE:ENB) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Citi Raises Enbridge (ENB) Valuation after Reviewing Fourth-Quarter Performance On February 19, Citi raised its price recommendation on Enbridge Inc. (NYSE:ENB) to C$77 from C$75. It reiterated a Buy rating on the stock. Analysts increased their estimates after reviewing the company’s fourth-quarter results. On February 13, Enbridge reported a fourth-quarter profit that came in above expectations. The compa ...

BWS Financial raised the firm’s price target on Adeia (ADEA) to $30 from $24 and keeps a Buy rating on the shares. Adeia’s Q4 results were ahead of expectations and the company has begun 2026 with licensing deals with Microsoft (MSFT) and an undisclosed semiconductor company, giving Adeia a pathway to grow revenue and free cash flow beyond 2025 levels, the analyst tells investors in a research note. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try ...

Stifel analyst James Condulis tells investors that the move lower in Fulcrum Therapeutics (FULC) this morning “surprises us” and looks “overdone.” While the firm believes some thought total mean HbF may comfortably be greater than 20% given the strength of the initial cut at ASH, the firm thinks “overly nitpicking 19.3% is splitting hairs and misses the bigger picture” as these data surpassed the physician “bar” and that pociredir is reaching HbF levels expected to be highly protective of disease. Even wit ...

Our marketing team is amplifying these assortments with richer brand and product storytelling and an integrated, always-on, full-funnel strategy designed to deepen emotional connection with our key Gen Z and millennial consumers. Our marketing investments, combined with our trend-right product, are driving measurable brand heat. Online searches for Steve Madden increased 10% year over year in Q4 and have accelerated further early 2026. After revenue declines in Q2 and Q3, the Steve Madden brand returned to ...

Omnicom (OMC) is planning to eliminate an additional 94 roles in the U.S. starting March 1, which comes following its $13B November acquisition of Interpublic Group and 4,000 related redundancies, Adweek’s Rebecca Stewart reports, citing a WARN notice filed with New York State. The notice shows that 92 of 251 employees at IPG’s former NYC headquarters at 909 Third Avenue will be laid off, along with two of 84 staff at the former holdco’s 100 West 33rd Street office. Published first on TheFly – the ultima ...