Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has earned a repeat ‘Buy’ rating from UBS analysts who remain bullish on the energy giant ahead of its second quarter earnings report.
UBS has a $130 price target on ExxonMobil, representing 17% upside on its July 2 closing price of about $111.
Shares in AFC Energy PLC (AIM:AFC, OTC:AFGYF) rose as much as 15% on Friday after it unveiled a joint venture with Industrial Chemicals Group to produce low-cost hydrogen from ammonia, offering a more scalable alternative to traditional methods.
The 50:50 partnership will use AFC’s cracking technology, which breaks ammonia down into hydrogen and nitrogen using heat and catalysts.
Netflix Inc (NASDAQ:NFLX, ETR:NFC) has earned a repeat ‘Outperform’ rating and $1,400 price target from Wedbush analysts, citing strong Q2 trends, robust pricing power, and expanding monetization levers.
Shares of Netflix traded up 1.1% at about $1,300 on Thursday, having surged more than 45% so far in 2025.
Technology shares are heading into the second half of the year on a bullish footing, with growing adoption of artificial intelligence expected to drive another leg higher in the sector's rally.
Wedbush predicts a further 10% gain for tech stocks by the end of 2025, with Nvidia Corp (NASDAQ:NVDA, ETR:NVD), Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB), Palantir Technologies Inc (NYSE:PLTR) and Tesla Inc (NASDAQ:TSLA) flagged as top picks.
Adidas AG (OTCQX:ADDYY) has been upgraded UBS, which sees the German sportswear giant as better positioned than Nike, citing product strength and operational improvements.
Recent underperformance against the American brand (adidas down 8% versus Nike up 13%) is not seen as fundamental at UBS.
GSK PLC's (LSE:GSK, NYSE:GSK) long-term growth ambitions hinge in part on Blenrep, its treatment for multiple myeloma, a type of blood cancer.
With the company aiming for more than £40 billion in annual sales by 2031, investors are watching closely how this high-margin medicine performs in the clinic and in the market.
Amazon.com Inc (NASDAQ:AMZN)'s upcoming Prime Day sale event could drive more than $21 billion in sales, according to Bank of America analysts.
This is driven by Amazon’s decision to extend the sale to 96 hours, double last year’s duration, starting July 8.
The atai Life Sciences (NASDAQ:ATAI, ETR:9VC) story has become more attractive following the release of robust Phase 2b trial results for BPL-003 in treatment-resistant depression, analysts at Jefferies believe.
BPL-003, an intranasal formulation of DMT developed in partnership in Beckley Psytech, demonstrated rapid, robust and durable antidepressant effects with a single dose.
Analysts at UK-based stockbroker Cavendish have repeated a bullish call on 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) as the small-cap exploration company today confirmed it has extended its venture onshore Namibia.
Cavendish today repeated a remarkable 24.6p price target, which compares to 88 Energy’s market price of just over a penny.
Tesla Inc (NASDAQ:TSLA) reported a 14% year-over-year decline in vehicle deliveries for the second quarter, hit by rising competition and boycotts due to CEO Elon Musk’s involvement with the Trump administration.
The company delivered approximately 384,000 units in Q2, slightly below the Wall Street consensus of 385,000 vehicles.
UBS expects more gains for tech stocks after a strong first half of 2025.
The Nasdaq closed the period at a record high, up more than 33% from its early April low. Despite apparently stretched valuations, the Swiss bank sees further upside thanks to AI investment driving long-term growth.
Tesla Inc (NASDAQ:TSLA) shares were down 5% in pre-market trading on Tuesday, as tensions between Elon Musk and Donald Trump resurfaced.
And there's more pain for investors in store, according to the latest Wall Street research, with Deutsche Bank is warning of weaker-than-expected quarterly vehicle deliveries.
DoorDash Inc (NYSE:DASH) has earned a price target boost from Oppenheimer analysts, who raised their price target to $280 from $220, citing stronger-than-expected third-party data and an uptick in advertising revenue that signals accelerating profitability.
Shares of DoorDash traded up about 2% at $246 on Monday afternoon.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF), the UK-listed tech firm specialising in driver monitoring systems, is picking up speed with its next-generation aftermarket product.
Stifel notes that the Guardian Gen 3 platform is now gaining industry traction, with Mitsubishi Electric North America already piloting the technology and more recently placing the largest Gen 3 order to date.
Bank of America (BofA) strategists have flagged a potential “bubble risk” in the second half of the year, leading them to maintain a positive stance on their 'BIG' diversified basket of bonds, international equities and gold.
The US investment bank’s strategists describe themselves as “happy cyclical buyers” of US Treasury bonds, citing expectations of a slowing US macroeconomic environment, Federal Reserve rate cuts, and falling yields. They note, however, that the “only risk for bonds” lies in the formation of an equity bubble.