Analysts Stay Bullish on ServiceNow (NOW) Amid Armis Acquisition Talks
Yahoo Finance· 2025-12-21 14:44
ServiceNow, Inc. (NYSE:NOW) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 16, Citizens reiterated its Market Outperform rating on ServiceNow, Inc. (NYSE:NOW) with a price target of $1,300. This decision came after a Bloomberg report that said ServiceNow, Inc. (NYSE:NOW) is in discussions to acquire cybersecurity startup Armis for around $7 billion. This would make it the company’s biggest acquisition. On December 15, ServiceNow, Inc. (NYSE:NOW) just completed its acquisition of Move ...
Boeing (BA) Gets Buy Rating from Citi, Completes Spirit AeroSystems Acquisition
Yahoo Finance· 2025-12-21 14:44
The Boeing Company (NYSE:BA) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 12, Citi initiated coverage of The Boeing Company (NYSE:BA), assigning the stock a Buy rating and setting the price target at $265. Citi started coverage on 24 stocks in the aerospace and defense sector. The research firm pointed out that the sector is seeing “a number of megatrends” across commercial aerospace, defense, space, and shipbuilding. According to Citi, these trends could lead to at least one compa ...
Walt Disney (DIS) Invests $1 Billion in OpenAI Deal
Yahoo Finance· 2025-12-21 14:44
The Walt Disney Company (NYSE:DIS) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 11, Reuters reported that The Walt Disney Company (NYSE:DIS) is making a $1 billion investment in OpenAI. This deal will allow OpenAI to use in its Sora AI video generator characters from Star Wars, Pixar, and Marvel. This three-year partnership deal between OpenAI and The Walt Disney Company (NYSE:DIS) has the potential to change how Hollywood creates content and it marks a key moment in Hollywood’s em ...
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Firefly Aerospace
Businesswire· 2025-12-21 14:44
Core Viewpoint - Firefly Aerospace Inc. is facing a federal securities class action due to allegations of misleading statements regarding its business operations and financial performance, with a deadline for investors to seek lead plaintiff status set for January 12, 2026 [1][3]. Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 each [4]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [5]. - Revenue for the second quarter of 2025 was $15.55 million, falling short of analyst estimates of $17.25 million and down 26.2% year-over-year [5]. - The Spacecraft Solutions business segment generated only $9.2 million in revenue, representing a 49% decrease from the previous year [5]. Stock Performance - Following the earnings report, Firefly's stock price dropped by $7.58, or 15.31%, closing at $41.94 on September 23, 2025 [6]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket test, the stock fell further by $7.66, or 20.73%, closing at $29.30 on September 30, 2025 [8]. Legal Proceedings - The complaint against Firefly alleges that the company overstated demand and growth prospects for its Spacecraft Solutions, as well as the operational readiness of its Alpha rocket program, which could have a material negative impact on the company [3]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members [9].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Bitdeer Technologies
Businesswire· 2025-12-21 14:40
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's SEALMINER A4 project and its ASIC chip technology [3][4]. Group 1: Allegations and Legal Action - The complaint alleges that Bitdeer and its executives made false and misleading statements about the energy efficiency of their SEAL04 ASIC chip, which was projected to have an efficiency of 5 J/TH, and failed to disclose delays in the mass production of the A4 rigs [3]. - Investors are reminded of the February 2, 2026 deadline to seek the role of lead plaintiff in the federal securities class action against Bitdeer [1][6]. Group 2: Financial Performance and Stock Impact - On November 10, 2025, Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, and disclosed significant delays in the development of its next-generation Seal 04 ASIC chip [4]. - Following the earnings report, Bitdeer's stock price fell by $2.63, or 14.9%, closing at $15.02 on November 11, 2025 [4]. - A fire incident at Bitdeer's under-construction facility in Ohio on November 11, 2025, led to another stock price drop of $2.83, or 20.3%, closing at $11.11 on November 13, 2025 [5].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Primo Brands
Businesswire· 2025-12-21 14:36
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Primo Brands Corporation due to issues uncovered by investors [1] Group 1 - Faruqi & Faruqi is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [1] - The investigation is focused on potential claims related to problems identified at Primo Brands Corporation [1]
UBS Analyst Maintains A Buy On DTE Energy Company (DTE)
Yahoo Finance· 2025-12-21 14:31
Core Insights - DTE Energy Company is recognized as one of the 10 Best Performing Electrical Infrastructure Stocks in 2025 [1] Analyst Recommendations - UBS analyst William Appicelli maintained a Buy recommendation on DTE Energy Company shares, lowering the price objective to $151 from $155 [2] - Jefferies upgraded DTE Energy Company from Hold to Buy, increasing its price objective from $149 to $150 [2] Earnings Projections - Jefferies analyst Julien Dumoulin-Smith revised the EPS growth rate projection for DTE Energy Company to 8.1% for 2026-2030, up from the previous estimate of 7.2% [3] - The upgrade includes expectations related to data center prospects, with an addition of 1.5 gigawatts of data center-associated demand projected for early 2026 [3] Price Target Adjustments - JPMorgan reduced its price target for DTE Energy Company to $145 from $151 while maintaining a Neutral rating [4] - The adjustment was made following updates to models for the North American utilities business [4] Company Overview - DTE Energy Company operates two regulated utilities in Michigan, which contribute to 90% of its earnings [4] - DTE Electric serves over 2.3 million consumers in southeastern Michigan, including Detroit [4]
Duke Energy Corporation (DUK) Proposes New Investments In North Carolina
Yahoo Finance· 2025-12-21 14:31
Core Insights - Duke Energy Corporation (DUK) is recognized as one of the 10 Best Performing Electrical Infrastructure Stocks in 2025 [1] - The company has proposed new investments in North Carolina, seeking updated rates for its utilities [2] Financial Proposals - Duke Energy Carolinas is requesting a $1 billion annual revenue increase, which includes $727 million in 2027 and $275 million in 2028, representing a 15% rise above current revenues [3] - Duke Energy Progress has a request for $729 million, with $200 million in 2028 and $528 million in 2027, indicating a 15.1% growth above current revenues [3] - The proposals are contingent on regulatory approval and are based on a 53% equity capital structure with a proposed return on equity of 10.95% [3] Tax Credits and Savings - The filing mentions expected benefits from nuclear production tax credits, with Duke Energy's nuclear plants projected to generate hundreds of millions in tax credits through 2032 [4] - Customers of Duke Energy Carolinas are set to receive $150 million in nuclear production tax credits during 2025-2026 at current rates [4] - The new proposal aims to extend nuclear production tax credits to Duke Energy Progress customers and introduce solar and hydro tax incentives for both utilities [4] - A proposed merger between Duke Energy Carolinas and Duke Energy Progress is expected to save customers over $1 billion in future expenses [4] Company Overview - Duke Energy Corporation is one of the largest utilities in the United States, operating regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky [5]
Morgan Stanley Maintains Underweight Rating On Consolidated Edison, Inc. (ED)
Yahoo Finance· 2025-12-21 14:31
Core Insights - Consolidated Edison, Inc. is recognized as one of the 10 Best Performing Electrical Infrastructure Stocks in 2025 [1] Analyst Ratings - Morgan Stanley has maintained an Underweight rating on Consolidated Edison, Inc., reducing its price target from $98 to $92, citing that data centers will significantly impact utility performance and growth in 2026 [2] - KeyBanc also reaffirmed its Underweight rating, lowering its price target from $90 to $86, attributing valuation pressure to the unfavorable political situation in New York, lack of growth prospects, and expected share shrinkage [3] Recent Transactions - Consolidated Edison, Inc.'s subsidiary signed a contract on November 24, 2025, to sell approximately 6.6% of its stake in Mountain Valley Pipeline, LLC for $357.5 million, with the deal expected to close in the first half of 2026 [4] Company Overview - Consolidated Edison, Inc. serves as a holding company for Orange & Rockland and Consolidated Edison of New York, providing electricity, natural gas, and steam to customers in southeastern New York, including New York City, and parts of New Jersey [5]
Barclays Analyst Lowers Price Target On WEC Energy Group, Inc. (WEC)
Yahoo Finance· 2025-12-21 14:30
Core Viewpoint - WEC Energy Group, Inc. is recognized as one of the best-performing electrical infrastructure stocks in 2025, despite recent price target reductions by analysts [1]. Group 1: Analyst Ratings and Price Targets - Barclays has lowered its price target for WEC Energy Group from $110 to $105 while maintaining an Equal Weight rating [2]. - KeyBanc also reduced its price target from $123 to $117, keeping an Overweight rating [2][3]. Group 2: Company Performance and Management - The management team of WEC Energy Group has a history of executing plans effectively, achieving outcomes close to the top of its guidance range [3]. - Wisconsin's regulatory environment is viewed as historically beneficial for the company, contributing to its promising future [3]. Group 3: Dividend Announcement - The board of WEC Energy Group declared a dividend increase to $0.9525 per share for the first quarter of 2026, representing a 6.7% annual increase to $3.81 per share [4]. - The dividend is expected to be declared in January 2026 and paid to shareholders on March 1, 2026 [4]. Group 4: Operational Scope - WEC Energy Group provides electric and gas utility services in Illinois, Michigan, Minnesota, and Wisconsin [5].