Caterpillar stock is looking to pivot off its post-record pullbackBlue-chip stock Caterpillar Inc (NYSE:CAT) is up 1.6% to trade at $419.04 this morning, after the machinery name landed an upgrade to "outperform" from "in-line" at Evercore ISI. The firm noted "recent resilience in construction equipment margins," and set its price target of $476 -- a 15.3% premium to yesterday's close.CAT is enjoying today's pop, as it attempts to pivot off a pullback that followed its July 31 record high of $441.15. CAT ha ...

Key Takeaways Tempus partnered with Northwestern to use its Lens platform in Alzheimer's genomic research. TEM teamed up with Boehringer Ingelheim to expand cancer pipeline research using AI insights.Tempus also collaborated with Stemline and Genialis to advance oncology treatments with AI platforms.Tempus AI, Inc. (TEM) is rapidly expanding its partnerships across oncology and neuroscience, leveraging its AI platforms — Lens and Next — to accelerate precision medicine.Tempus has entered into a multi-year c ...

Key Takeaways Exelixis authorized $1B in repurchases through 2025, having bought $796.3M shares as of June 30.EXEL's average buyback price was $36.69 per share, cutting shares outstanding to 284.4M.EXEL's average buyback price was $36.69 per share, cutting shares outstanding to 284.4M.Exelixis ((EXEL) has been consistently repurchasing shares in the past couple of years to boost shareholders’ gain.Share repurchases reduce the number of shares outstanding, thereby boosting the bottom line. This, in turn, can ...

Soleno Therapeutics, Inc. (SLNO) has been on a downward spiral lately with significant selling pressure. After declining 21.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a ...

A downtrend has been apparent in Freightcar America (RAIL) lately with too much selling pressure. The stock has declined 23.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is ove ...

A downtrend has been apparent in Spero Therapeutics, Inc. (SPRO) lately with too much selling pressure. The stock has declined 17.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock ...

Joby Aviation TodayJOBYJoby Aviation$15.02 -1.04 (-6.49%) 52-Week Range$4.70▼$20.95Price Target$10.50Add to WatchlistJoby Aviation NYSE: JOBY has entered a period of consolidation after a powerful rally that saw its stock surge over 150% in just three months, reaching an all-time high above $20 per share. The stock has since returned to the $15-$16 range, a move that cautious headlines have primarily driven. Headlines that include a second-quarter earnings-per-share (EPS) miss and two analysts shifting the ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.StandardAero (NYSE: SARO ), a pure-play provider of aircraft engine MRO services in the aerospace and defense industry, has not met my expectations. While I have a "Buy" rating on the engine MRO expert, the stock price has declined 10.6% since myDh ...

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...

Key Takeaways Transocean shares fell 43% in a year, underperforming the oil and gas drilling industry.The firm posted a $938M Q2 loss, widened by costs and peer underperformance comparisons.Debt of $5.89B, share dilution and weak contract activity weigh on near-term prospects.In the past year, Transocean Ltd.’s (RIG) shares have lost 43.4%, underperforming the Oil & Gas Drilling sub-industry’s decline of 39.4%. This decrease also outpaced the broader oil and energy sector's modest 1.9% decline. Peer compari ...