Goldman Sachs senior global economist Joseph Briggs argued that current AI spending levels are sustainable, despite recent massive jumps in investments from tech giants like Apple (AAPL), Meta (META), and Alphabet (GOOGL), (GOOG). Total AI spending in the U.S. currently sits ...

Core Viewpoint - Nike Inc. is viewed positively by analysts, with BTIG initiating coverage and assigning a Buy rating along with a $100 price target, highlighting it as a "Top Pick for 2026" [1][2] Group 1: Analyst Insights - BTIG's analyst Robert Drbul is optimistic about Nike's turnaround efforts but notes that there is still significant progress needed [2] - EPS projections for Nike are set at $1.70 for FY26 and $2.75 for FY27, with a potential EPS of $3.50 in FY28 as the company aims for long-term operating margins of 12% or more [2] Group 2: Innovation and Product Development - Nike is testing 'Project Amplify', the world's first powered footwear system for running and walking, in collaboration with Dephy, which features a battery-charged motor [3] - This innovation is seen as crucial for Nike's turnaround strategy and regaining market share lost in recent years [3] Group 3: Company Overview - Nike Inc. is the largest seller of athletic footwear and apparel globally, designing, developing, and selling a wide range of athletic products [4]

Core Insights - Oracle Corp. is considered one of the best stocks to buy according to Citadel LLC, with BMO Capital Markets analyst Keith Bachman reaffirming an Outperform rating and a price target of $355 [1][2] Group 1: Growth Potential - Oracle's long-term growth is expected to be driven by its Oracle Cloud Infrastructure (OCI) and database businesses, which are projected to expand due to the company's focus on these areas [2] - As these businesses scale, profitability is anticipated to improve with better operating margins, supporting earnings growth [2] - The potential for enhanced profitability in its Infrastructure-as-a-Service (IaaS) portfolio has been particularly highlighted [2] Group 2: AI Integration - The integration of AI into Oracle's database and cloud solutions is expected to lead to deeper customer adoption and broader monetization across its platform [3] - Oracle's recent multi-billion-dollar data center deals with customers like OpenAI and Meta Platforms are under scrutiny regarding the company's ability to deliver profitably [4] Group 3: Operational Challenges - Bank of America analyst Brad Sills noted that Oracle faces supply constraints across land, buildings, energy, and GPUs, which may impact the pace of facility delivery [4] Group 4: Product Offering - Oracle Corp. provides a comprehensive suite of database and cloud computing software and hardware, including databases, relational servers, application development tools, and enterprise business applications [5]

Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]

Core Viewpoint - The article compiles significant research calls from Wall Street, highlighting upgrades for various companies based on their recent performance and outlook. Group 1: Company Upgrades - Jefferies upgraded Apple (AAPL) to Hold from Underperform with a price target of $246.99, up from $203.07, after September quarter revenue grew about 8% and gross margin came in at 47.2%, or about 0.5% better than expected including a $1.1B tariff [2] - Goldman Sachs upgraded Roblox (RBLX) to Buy from Neutral with a price target of $180, up from $155, following the Q3 earnings report, citing strength in bookings, revenue, and daily active user growth, with management optimistic about long-term scaling [2] - BTIG upgraded Unity (U) to Neutral from Sell and removed the prior $27 price target, noting healthy spending trends based on recent surveys of gaming and non-advertising professionals [2] - Piper Sandler upgraded Hershey (HSY) to Neutral from Underweight with an unchanged price target of $167, highlighting the company's plans to be "on-algorithm" in 2026 for better visibility [2] - Stifel upgraded Idexx Laboratories (IDXX) to Buy from Hold with a price target of $700, up from $640, expecting accelerated recurring revenue growth in the Companion Animal Group [2]

⚡ NEW: This week in Asia Express, DBS announces Bitcoin and Ethereum options trade with Goldman Sachs, China's central bank boss gives thumbs down to stablecoins.Via Cointelegraph Magazine https://t.co/ACGKWkVIGD ...

Core Insights - Goldman Sachs CEO David Solomon acknowledged that the bank still has work to do regarding gender diversity, particularly at senior levels [1][2] - The bank has made progress in promoting women, with a record 31% of the most recent class of managing directors being women, and 26 women promoted to partner last year [4] - Solomon estimated that women constitute 41% of Goldman's total workforce, while the 2023 People Strategy Report indicated that approximately 43% of employees in the US are women [5] Gender Diversity Progress - Solomon highlighted that while there has been progress, it is not sufficient, and the bank remains focused on creating opportunities for women [2][3] - An internal memo acknowledged that progress has been slow and reiterated the commitment to elevating and retaining women within the firm [3] Leadership Changes - Goldman Sachs is set to announce its newest class of managing directors in early November, which could impact the demographics of the bank's leadership [4] - Since Solomon became CEO in late 2018, approximately two-thirds of the women who were partners have left or no longer held the title by March 2024, compared to nearly half of male partners [6]

Core Viewpoint - Mayne Pharma has received a letter from potential acquirer Cosette, indicating that the Australian treasurer is considering blocking the acquisition valued at A$672 million (approximately $436.67 million) [1] Group 1 - Mayne Pharma is in the process of being acquired by Cosette [1] - The acquisition deal is valued at A$672 million (approximately $436.67 million) [1] - The Australian treasurer's consideration to block the acquisition could impact the deal's completion [1]

Is it over. >> Uh, yeah. >> Woo.>> It's over. >> What the hell is going on in crypto right now. And what comes next.Because rate cuts are here. Quantitative tightening is coming to an end, meaning quantitative easing is just about to begin. Trump and she had a successful meeting. America and China had a successful meeting.But meanwhile, Bitcoin continues to dump while alts bleed to new lows. I'm tired, boss. >> What the hell is going on here.So, let me get this straight. No rate cuts, we see a dump. Rate cu ...

So, the Dow was earlier made of muscle. The S&P and Nasdaq, well, they've been atrophying most of the session here. The S&P hasn't even been in the positive today.Right now, it's down at 48 points. The Nasdaq is lower by 30. Low of the session, 329 points of losses.And two magnificent moguls are really more like preh Halloween monsters right now. Meta is getting kneecapped at the moment. Let's look at Meta.is down right now 11 and a half%. Investors do not care that the Facebook parent posted a double beat ...