Truist Keeps Buy Ratings on Seven Companies, Changes Targets
Truist Securities maintained Buy ratings on seven companies while cutting targets for Entergy and CenterPoint and raising others, Benzinga reported.
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DA Davidson keeps Neutral view on Community Financial Sys
DA Davidson kept a Neutral rating and a $69 target for Community Financial Sys. The target implies 17.7% upside from the October 9 close of $58.63.
Community Financial Sys
Bumble in Advanced Talks for $1 Billion Take-Private Deal
Bumble shares rose 21% after a report said the dating app was discussing a buyout by Ithaca Holdings at a valuation near $1 billion.
Bumble
Meta unveils Muse Wonder AI models aimed at complex tasks
Meta introduced two Muse Wonder models for legal reviews, insurance claims and software work, with access varying between developers and Muse Code subscribers.
META
ASML Weighs 10% Price Hike for Samsung and SK Hynix Parts
Gurufocus, citing The Elec, says ASML is preparing a 10% increase for EUV and DUV replacement parts as AI chip demand boosts supplier leverage.
ASMLSamsung ElectronicsSK Hynix
Aramco chief warns Hormuz disruption may deepen oil supply squeeze
Aramco CEO Amin Nasser said prolonged Hormuz disruption may tighten oil and fuel markets, while rebuilding inventories could take up to two years.
BrentDieselNatural gasSaudi AramcoUSD
Palantir wins fresh backing from major Wall Street firms
Barclays launched coverage of Palantir with an Overweight rating, while Goldman Sachs raised its view to Buy. Shares gained nearly 12% in October.
Palantir TechnologiesPLTR
Meta Unveils Muse Wonder as AI Strategy Shifts Toward Consumers
Meta introduced Muse Wonder after an AI leadership overhaul, sending shares higher as investors assessed its consumer focus and paid model strategy.
META
B. Riley cuts Byrna Technologies price target to $11 per share
B. Riley Securities maintained a Buy rating on Byrna Technologies but lowered its price target from $12 to $11 per share, Benzinga reported.
BYRN
Bank of France estimates French third-quarter growth at 0.1%
France’s economy grew just 0.1% in the third quarter, as services offset weakness elsewhere. Firms cited rising costs, weak sales and greater uncertainty.
EUR/USDCAC 40French OATs
U.S. inflation and production data set to lead the week
The Wall Street Journal survey points to firmer U.S. inflation in September, alongside new figures on sales, employment claims and industrial output.
S&P 500Nasdaq 100US TreasuriesUSDEUR/USD
Truist Raises Rexford Industrial Realty Price Target to $39
Truist Securities lifted its Rexford Industrial Realty price target to $39.00 per share from $38.00, according to analyst actions reported by Benzinga.
REXRRexford Industrial Realty
Truist Securities Lowers Price Targets on Eight Stocks
Truist Securities cut price targets for eight companies, including Greif, Duke Energy and International Paper, while keeping several stock ratings unchanged.
GEFAVYOIDUKDSW
European stocks rise as geopolitical tensions show signs of easing
European shares ended Monday higher as lower bond yields and hopes for an Russia-Ukraine energy ceasefire supported sentiment across markets.
Stoxx 600FTSE 100DAXCAC 40BrentEUR/USD
Delta Analyst Targets Diverge After Third-Quarter Results
Analysts split on Delta after its quarterly report, citing cash generation and fuel costs while differing over earnings and the airline’s outlook.
DALDelta Air LinesJet fuelUSD
BofA warns Starlink’s spectrum plans could pressure Apple
SpaceX’s spectrum purchase may intensify competition for telecoms and reduce smartphone subsidies, creating a risk for iPhone sales, BofA says.
AppleAT&TVerizon CommunicationsT-Mobile US
IonQ’s Elisity Deal Signals Ambitions Across the Quantum Stack
IonQ’s $1.3 billion purchase of Elisity points to a strategy combining quantum computing with cybersecurity ahead of potential Q-Day risks.
IonQ
Hammack says current US rates remain modest historically
Cleveland Fed President Beth Hammack said Treasury yields now resemble 1990s levels, while mortgage rates above 7% may reflect a healthier backdrop.
US Treasuries10-year Treasury noteUS mortgage rates
Andreessen Horowitz and General Catalyst Seek Chips for Startups
Andreessen Horowitz and General Catalyst are competing for chips needed by their startups, while General Catalyst discusses building its own data center.
S&P 1500 Companies’ Pension Funding Improved in September
Marsh estimates that S&P 1500 pension plans reached 113% funding in September, while their combined surplus grew to $181 billion from $175 billion.
S&P 1500U.S. interest ratesU.S. equities