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Good morning!
US stock futures were broadly higher Friday as investors weighed rising oil prices, bond yields, inflation concerns, and geopolitical developments. Dow futures gained 0.28%, S&P 500 futures rose 0.30%, and Nasdaq-100 futures advanced 0.57%.
The 10-year Treasury yield climbed to 5.16%, its highest level since the global financial crisis, intensifying pressure on equities. WTI crude traded around $92 a barrel, while Brent hovered near $105, with US gasoline prices approaching $4.50 per gallon.
Investors awaited the University of Michigan’s consumer-sentiment data for clues on inflation expectations. Meanwhile, US-China relations appeared largely unchanged following Xi Jinping’s White House visit.
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INLIF Ltd (INLF) stock soared 81.36% to $5.35 in pre-market trading after reporting first-half fiscal year 2026 financial results.
Infobird Co Ltd (NASDAQ: IFBD) shares are trading up 21.24% at $1.37 at the time of writing following the filing of a Form 6-K with the SEC.
Akamai Technologies Inc (AKAM) grew over 23.21% to $136.03 in pre-market trading today after announcing an $11.6 billion multi-year agreement with Anthropic to support growing demand.
Fathom Holdings Inc (FTHM) jumped about 21.30% to $0.62 in pre-market trading Friday after announcing a proposed restructured transaction focused on real estate and digital assets.
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Top Upgrades & Downgrades |
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Guggenheim turned bullish on Editas Medicine Inc (EDIT), upgrading the stock to Buy and assigning a $5 price target, representing potential upside of 85.87% from Wednesday's close.
Magnolia Oil & Gas Corp (MGY) has won the favor of Siebert Williams Shank's equity research team. The firm upgraded the shares from Hold to Buy and moved its price target to $32, suggesting 31.04% additional upside for the stock.
Microsoft Corp (MSFT) received an upgrade from analysts at Stifel, who also set their one-year price target on the stock to $575. They changed their rating on MSFT to Buy from Hold in a recently issued research note.
Wedbush reduced its rating on Compass Therapeutics Inc. (CMPX) stock to Neutral from Outperform and assigned the price target to $1.
Jefferies analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Dauch Corp (DCH) has been changed to Hold from Buy and the new price target is set at $7.
Analysts at UBS downgraded PG&E Corp (PCG) stock to Neutral from Buy, and the new price target is set at $14.
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Big Digital Energy Inc (BGDE) 10% Owner, Endeavor Blockchain, LLC declared the purchase of shares taking place on Sep 21 '26 at $6.21 for some 795 shares. The transaction amount was around $4,937.
CapsoVision Inc (CV) 10% Owner, HARARI ELIYAHOU ET AL bought on Sep 18 '26 a total of 1757469 shares at $5.69 on average. The purchase cost the insider an estimated $10. million.
Bullish (BLSH) Director, Bliss Andrew announced the sale of shares taking place on Sep 23 '26 at $40.22 for some 59976 shares. The total came to more than $2.41 million.
GigaCloud Technology Inc (GCT) Head of Brand Center, Bernes Marshall sold on Sep 22 '26 a total 15703 shares at $53.58 on average. The insider’s sale generated proceeds of almost $841,444.
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Top US earnings releases scheduled for today include BlackBerry Ltd (BB). It will announce its August 2026 financial results. The company is expected to report earnings of $0.04 per share from revenues of $145.53M in the three-month period.
Analysts expect Darden Restaurants Inc (DRI) to report a net income (adjusted) of $2.05 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended August 2026 is predicted to come in at $3.21B.
TD Synnex Corp (SNX), due to announce earnings before the market opens today, is expected to report earnings of $4.7 per share on revenues of $18.91B for the recently concluded three-month period.
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That's it for today. Thanks for reading. Good luck out there!
Best Regards,
Stocks Telegraph Team
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Disclaimer:
Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.
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