Group 1 - UBS has one item remaining in the migration of former Credit Suisse clients onto UBS's system [1]

A WallStreetBets trader drew attention after posting a screenshot showing a massive win on gold-linked options, turning low-cost calls on the SPDR Gold Shares ETF (NYSE:GLD) into more than $51,000.The position, which the trader called "Getting My Shiny Rocks Off," shows 40 call contracts purchased at an average cost of $4.01 and later valued at $13.51, producing a gain of more than $35,000, or roughly 220%.In the comments, one user summed up the bullish mood, saying, "Anyone not buying and holding gold thro ...

Core Viewpoint - International Business Machines Corporation (IBM) is facing significant challenges due to advancements in AI technology that could impact its legacy systems and business model, particularly in relation to COBOL programming [3][4][6]. Group 1: Stock Performance and Analyst Ratings - UBS upgraded IBM from Sell to Neutral with a price target of $236, indicating a more balanced outlook following recent stock volatility [2]. - On February 23, IBM shares experienced a notable decline of approximately 13.2%, closing at $223.35, primarily due to concerns raised by Anthropic's announcement of its Claude Code AI tool [3]. Group 2: Impact of AI on Legacy Systems - IBM has historically supported COBOL-based systems, which are critical for various operations such as banking and retail [4]. - The introduction of AI tools like Anthropic's Claude Code can automate the modernization of COBOL code, which has traditionally been a complex and costly process [5]. - The decline in the number of COBOL programmers has made AI tools increasingly valuable, as they can expedite the analysis and updating of large codebases [5]. Group 3: Broader Industry Concerns - The developments surrounding AI have raised broader concerns among investors regarding its potential impact on established technology companies, including IBM [6]. - IBM operates in the hybrid cloud, AI, and consulting sectors, with its business divided into four main segments: Software, Consulting, Infrastructure, and Financing [6].

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Most Promising Long-Term Stocks to Buy According to Hedge Funds. FactSet (FDS) Faces Price Target Cut from Barclays on Market Data Industry Concerns Photo by Jp Valery on Unsplash On February 23, Barclays lowered its price recommendation on FactSet Research Systems Inc. (NYSE:FDS) to $210 from $300. The firm maintained an Underweight rating on the shares. In its research note, Barclays said AI has “exacerbated investor concerns around wha ...

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) Chief Investor Relations Officer and EVP, M&A, John Faucher, will participate in a fireside chat at the UBS Global Consumer and Retail Conference on Wednesday, March 11, 2026 at 2:00 p.m. ET. Investors may access a live webcast of this fireside chat on Colgate's website at www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the 'Investor Cent. ...

John David Escobar/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify UBS hikes worst-case private credit default view to 15% on AI fears. (00:14) AMC Entertainment (AMC) flags opportunity to close underperforming theaters amid attendance, screen declines. (01:30) Trump orders tech giants to power their own AI data centers under ‘rate protection’ pledge. (02:36) This is an abridged transcript. Strategists at UBS Group (UBS) now warn that default rates in private credit c ...

Core Insights - Oppenheimer & Co. Inc. has appointed Vien Le as Managing Director in its Public Finance Investment Banking Group, based in Los Angeles [1][2] - Le brings over 20 years of municipal finance experience, focusing on California and supporting clients in the West, including Oregon and Washington [2][3] - The addition of Le is expected to enhance Oppenheimer's capabilities and momentum in the public finance sector on the West Coast [3][5] Company Overview - Oppenheimer Holdings Inc. provides a comprehensive range of wealth management, securities brokerage, and investment banking services to high-net-worth individuals, families, corporate executives, businesses, and institutions [5]

Brookfield Asset Management Ltd. (NYSE:BAM) is among the 11 High Growth Financial Stocks to Buy Now. UBS Lowers its Price Target on Brookfield Asset Management Ltd. (BAM) to $52 and Maintains a Neutral Rating On February 20, 2026, UBS lowered its price target on Brookfield Asset Management Ltd. (NYSE:BAM) to $52 from $58 previously and maintained a Neutral rating on the shares. On February 17, 2026, Morgan Stanley raised its price target on Brookfield Asset Management Ltd. to $63 from $62 and kept an Eq ...

ONE Gas to Participate in UBS, Morgan Stanley and Jefferies Conferences [Accessibility Statement] Skip NavigationTULSA, Okla., Feb. 24, 2026 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced that it will participate in several upcoming investor conferences. The company will attend the UBS Midwest Utilities Conference on Wednesday, February 25, 2026, in Chicago, Illinois, followed by the Morgan Stanley Energy and Power Conference on Monday, March 2, 2026, and the Jefferies Power, Energy, Clean Energy ...

Occidental CEO says industry needs $70/barrel oil to grow production | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Occidental President and CEO Vicki Hollub speaks during CERAWeek in Houston, Texas, U.S., March 11, 2025. REUTERS/Kaylee Greenlee [Purchase Licensing Rights, opens new tab]- Companies[Occidental Petroleum Corp]FollowWASHINGTON, Feb 24 (Reuters) - Occidental [(OXY.N), opens new tab] CEO Vicki Hollub said on Tuesday th ...