Oracle Corp (NYSE:ORCL, ETR:ORC) will report its fiscal third quarter report on Monday, March 10 with all eyes on an update on the company’s role in the Stargate project.
Stargate, a joint venture between Oracle, SoftBank, OpeanAI and MGX, aims to invest $500 billion over four years in AI infrastructure across the US.
The recent dip in value for Diversified Energy Company PLC (LSE:DEC, NYSE:DEC), coinciding with it latest acquisition, presents a buying opportunity – that’s according to Peel Hunt analyst Sam Wahab.
In London, the DEC share price is down by about a third in the past month and it is ending the week at 911p – which compares to Peel Hunt’s target price of 3,000p.
Wedbush analysts have batted off fears around declining sales at Tesla Inc (NASDAQ:TSLA) and stuck with a bullish stance ahead of the “biggest innovation and technology cycle” in its history.
Aside from reiterating an ‘outperform’ rating and $550 share price target, Wedbush added Tesla to its ‘best ideas list’.
The United States is likely to impose a 25% tariff on copper imports by the fourth quarter of 2025, up from an effective 11% currently priced into the market, Citi analysts said in a note on Thursday.
The move, previously mentioned by former President Donald Trump, is expected to weigh on US copper consumption and prices from the second quarter of 2025, with broader reciprocal tariffs flagged from April 2, the bank said.
Citi analysts have stuck with a bullish stance on uranium over oil and copper despite reduced scope for price rises on a possible Ukraine war peace agreement.
Increased demand was set to push up uranium prices to an estimated average of $77 a pound in 2025, according to the bank, and higher still after.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) shares jumped 5% on Thursday morning after the company announced a major breakthrough in its solid-state battery technology, successfully prototyping a 50Ah Goliath battery for electric vehicles.
This milestone, achieved through the Faraday Battery Challenge HISTORY programme, is a significant step towards commercialising Ilika’s next-generation battery, which aims to lower costs, extend EV range, and speed up charging times.
Stifel has reiterated its 'buy' rating on Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) with a price target of 2,350p, citing the company’s sector-leading production margins, shareholder returns, and organic growth.
The investment bank pointed to Endeavour’s strong free cash flow generation in the fourth quarter of 2024, which reached a record $268 million, reinforcing its ability to deliver value to investors.
Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares moved higher after the gold producer was upgraded to ‘Buy’ and awarded a $22 price target by analysts at UBS.
The stock added 4.1% at $18.45 on Wednesday afternoon.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) is a ‘buy’ ahead of delivering its maiden production in the first half of 2025 - that’s according to Panmure Liberum.
The stockbroker pitches a 3.6p price target for Helium One, versus a current market price of 1p.
Challenger Energy Group PLC's (AIM:CEG, OTC:BSHPF) progress in Uruguay should “herald a period of significant news flow”, that’s according to analysts at Zeus Capital, which sees substantial upside to the current price.
The stockbroker, in a note, today repeated a net asset value of 27p – versus a market price of 9.42p.
Peel Hunt has welcomed Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) decision to internalise its management, saying the move "seems very sensible." The company is ending its external advisory deal with Atrato Group and taking full control of operations for £19.7 million, funded by the recent sale of a Tesco store.
The shift is expected to generate at least £4 million in annual cost savings while boosting earnings and dividend growth. The board sees this as the best use of capital, delivering better returns than share buybacks or new acquisitions.
Stellantis NV has seen its share price target cut by Citi analysts on lingering “risks” at the car maker.
Vauxhall, Dodge and Fiat owner Stellantis last week unveiled a 70% slump in profit for 2024 to €5.5 billion ($5.7 billion), on a 17% drop in sales revenue to €156.9 billion.
Gold may “have gotten ahead of itself” after hitting yet another record last month, RBC analysts have warned.
At $2,958 an ounce, spot gold hit its latest in a string of new highs in late February, before receding back to $2,919 as of Tuesday.
Tesla Inc shares ticked up on Monday after Elon Musk’s electric vehicle giant was granted ‘top pick’ status by Morgan Stanley.
Despite flagging car sales most recently, Morgan Stanley pointed to growth prospects from its artificial intelligence and robotics efforts in a bullish note.
Palantir Technologies Inc could actually be in line for a boost from government efforts to cut spending and ramp up efficiency, Wedbush analysts have predicted.
Despite recent pressure on its share price, analysts noted the software firm’s “value proposition” could see it gain more deals as Trump and Musk tighten the purse strings.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) shares jumped around 20% in Monday’s dealing, nevertheless, one City broker repeated a ‘Buy’ recommendation that still sees the small-cap share multiples higher.
Priced at 1.08p, Helium One was up around 18% by the mid-afternoon trade after a pair of positive news announcements this morning.
President Trump's move forward on establishing a "Crypto Strategic Reserve" has reinforced bullish bitcoin assumptions for Standard Chartered analysts.
The bank's chief digital asset analyst, Geoff Kendrick, reiterated his $500,000 target for bitcoin and said the creation of a US national strategic reserve containing bitcoin and other major cryptocurrencies has all but erased the likelihood of extreme negative outcomes for these digital coins.
Apple Inc’s partnership with Alibaba should leave it able to plug the “missing piece” in its artificial intelligence strategy from the June quarter, according to analysts.
Following news last month Alibaba would partner with Apple on its AI rollout in China, Wedbush said the deal was “key to the long-awaited growth catalyst” in the region.
Diversified Energy Company PLC has secured backing from Peel Hunt analysts after last week firming up acquisitions from Summit Natural Resources and a refinancing.
A ‘buy’ rating and 3,000p share price target were reiterated in response to the $42 million deal for natural gas assets and pipelines and $530 million asset-backed securitization.