As the Federal Reserve approaches its December rate-setting meeting, analysts at Deutsche Bank see a patchwork of signals making the decision far from straightforward.
The September jobs report, in particular, provides "a perfect Rorschach test for Fed officials," the analysts wrote in a note to clients.
A sharp pullback for Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares on Thursday caused a case of the collywobbles for twitchy Silicon Valley investors.
It followed a stellar earnings release from the GPU giant on Wednesday, which was initially greeted positively.
Jefferies has warned that recent technical signals in Bitcoin warrant caution, trimming its exposure to the cryptocurrency in favour of gold equities as momentum indicators turn negative.
The broker, in the latest update from its 'GREED & fear', said it remained a long-term believer in Bitcoin as a store of value, but asserted that the digital asset may already have peaked (in its current 'post-halving' cycle), having reached around US$126,000 in early October.
Deutsche Bank has repeated a 'buy' rating for Creo Medical Group PLC (AIM:CREO, OTC:CMEOF) following a 'capital markets day' showcase that highlighted growing commercial traction and strong clinician support for its energy-based endoscopy platform.
The German bank said live presentations from physicians actively using Creo devices brought the opportunity into sharp view, highlighting both the ease of integration into existing workflows and the platform’s expanding clinical utility.
he political backlash against artificial intelligence in the US is no longer a hypothetical risk.
Jefferies argues it is already gathering momentum across multiple fronts, creating a slow-burn threat to the industry’s expansion and, by extension, to companies betting heavily on AI infrastructure.
Markets have quietly unwound the jump in the “US risk premium” that rattled investors in the spring, and Goldman Sachs thinks that newfound calm may be lulling them into a false sense of security.
The bank argues that political and structural worries in the US have faded so far, and so fast, that even a relatively small shock could now have an outsized market impact.
Analysts at Wedbush repeated their ‘Outperform’ rating and $225 price target on Palo Alto Networks Inc (NYSE:PANW, XETRA:5AP) after it reported fiscal first quarter results that modestly exceeded Wall Street expectations.
The company posted revenue of $2.47 billion, at the high end of its guidance range and slightly above the Street’s estimate of $2.46 billion.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) delivered another blockbuster quarter, with demand for its AI chips still running red-hot and its newest Blackwell products selling faster than the company can produce them.
Analysts at Bank of America and UBS said the results were so strong that Wall Street will likely need to raise its earnings forecasts for several years out.
Gold is expected to extend its gains into 2026, according to UBS, which has raised its mid-year price target to $4,500.00 per ounce from $4,200.
The Swiss investment bank said price momentum has held, with the metal trading above $4,000 after a strong 2025.
88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF) has added diversity and low-risk opportunities with its latest project acquisitions.
That, at least, is the view of analysts at Cavendish.
There's a lot more air to blow into the AI bubble, that's what snap analysis says following last night's update from Nvidia Corp (NASDAQ:NVDA, XETRA:NVD).
Put in more nuanced parlance by Dan Ives, the closely followed analyst at West Coast US stockbroker Wedbush, the latest blockbuster numbers from Nvidia show it is 'a 1996 moment, rather 1999'.
Copper analysts tend to get overexcited when a big mine stumbles. A landslide here, a flooded shaft there, and suddenly the world is supposedly running out of red metal.
The trouble is that copper rarely plays along. Even when something genuinely dramatic happens, the market often shrugs.
JD Sports Fashion PLC's (LSE:JD) third-quarter trading update was a mixed bag, analysts said, with a stronger-than-expected showing in North America helping offset ongoing weakness in footwear and soft UK demand.
Group guidance for full-year profit before tax and adjusting items was trimmed to the lower end of expectations as group like-for-like sales fell 1.7% in the 13 weeks to 1 November.
DoorDash Inc (NYSE:DASH) has been upgraded by Jefferies analysts to a ‘Buy’ rating from their earlier ‘Hold’ rating, citing what they described as a constructive reset of expectations and improving fundamentals in the company’s core US restaurant delivery business.
The firm also upped its price target on DoorDash to $260 from $220, implying upside from current levels of about $202.
Wells Fargo economists expect US growth to firm up in 2026 as fiscal policy becomes more stimulative, monetary policy eases, and the tariff environment stabilizes compared with the volatility seen this year.
The bank projects real GDP growth of 2.3% on an annual-average basis.
Palo Alto Networks Inc (NYSE:PANW, XETRA:5AP) is set to release its fiscal first-quarter 2026 results after the bell on Wednesday, with investors closely watching revenue and subscription growth amid an evolving cybersecurity market.
Jefferies analysts expressed confidence that the cybersecurity solutions provider can meet its revenue targets. In a note last week, they raised their target price to $250 per share from $235, while cautioning that they do not expect a significant increase to Palo Alto’s already conservative fiscal 2026 guidance.
Fermi Inc (NASDAQ:FRMI, LSE:FRMI) got a glowing write-up from Panmure Liberum as it initiated coverage of the AI-focused power developer, whose 11GW Project Matador is seen as ambitious but offering "a huge moat".
A 'buy' recommendation and a $39 target price were dished out, versus the last close price at $18.6.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is expected to beat market expectations when it reports later today, according to analysts at Wedbush, who believe strong enterprise demand and AI infrastructure investment will continue to drive results.
Wedbush cited evidence from Asia supply chains and Big Tech’s capex as key indicators of momentum. The firm expects significant focus on Nvidia’s next-generation Blackwell chips and believes current market forecasts are too conservative.
The Bank of England is expected to cut interest rates at its next meeting, on 18 December, as UK inflation appeared to have peaked, though economists disagreed over whether it would be the last in the current cycle.
UK consumer price inflation slowed to 3.6% in October, just below the previous month’s 3.8% but slightly above market consensus and Bank of England projections.
TJX Companies Inc (NYSE:TJX), which operates the off-price retailers TJ Maxx, Marshalls, HomeGoods, and Winners, has reported better-than-expected financial results for the third quarter and raised its full-year guidance.
For Q3, revenue was $15.1 billion, up 7% from $14.06 billion a year earlier and above analysts’ forecasts of $14.84 billion.
Walmart Inc (NYSE:WMT, XETRA:WMT) will report its third quarter earnings on November 20, and Bank of America is forecasting adjusted earnings of $0.60 per share alongside 3% comparable sales growth in the US, a pace the firm says reflects a deceleration in line with recent third-party spending data.
Bank of America noted that Bloomberg Second Measure observed slower sales trends for Walmart during the quarter, consistent with its comp estimate, though the retailer is still tracking a compound annual US comp growth rate of 7% versus 2019.
In the third quarter of 2025, US semiconductor CPU trends showed continued market share gains for Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) and Arm Holdings PLC (NASDAQ:ARM), while Intel Corp (NASDAQ:INTC, XETRA:INL) benefited from higher average selling prices (ASPs) amid ongoing supply constraints, according to Bank of America analysts.
Based on Mercury Research data, AMD and ARM both outperformed Intel in unit growth across desktop, notebook, and server segments, the analysts wrote in a note to clients.
CarMax Inc (NYSE:KMX) is facing a mixed outlook as recent securitization data and preliminary guidance for the next quarter highlight ongoing challenges in the used-car market, according Wedbush analysts.
The analysts have a ‘Neutral’ rating on the stock, with a 12-month price target of $40, after the company reported October trends from its CAF securitization trust.
Target Corp (NYSE:TGT) is set to release third-quarter earnings on November 19, with analysts warning of potential headwinds in sales and margins amid slowing digital growth and broader retail pressures.
Bank of America projects the retailer will report adjusted earnings of $1.67 per share and a 1% decline in comparable-store sales, slightly below consensus estimates of $1.72 per share and a 1.8% drop in comps.
Spotify Technology SA (NYSE:SPOT)’s announcement of a new Platinum subscription tier has been welcomed by Jefferies analysts with cautious optimism.
Spotify on Monday unveiled its Platinum tier in five test markets (India, Indonesia, South Africa, UAE, and Saudi Arabia), marking a shift in the company’s subscription strategy.
Ocado Group PLC (LSE:OCDO) shares slumped over 19% to 174p, around lows last seen over a decade ago, after US grocery client Kroger said it would shut down three of the warehouses that rely on the online grocery supplier's technology.
Kroger Co (NYSE:KR) announced that it will close three operating customer fulfilment centres, in Frederick, Maryland; Pleasant Prairie, Wisconsin; and Groveland, Florida by January.
Anyone who thought the surge in artificial intelligence spending might ease should look away now. UBS notes that America’s big four cloud providers have unveiled yet another round of eye-watering investment plans.
Alphabet expects $91-93 billion of capital spending next year, Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is aiming for as much as $72 billion, Microsoft wants to double data-centre capacity within two years, and Amazon is guiding to $125 billion for 2025 with more to come.
You can tell a market is getting nervous when investors start talking more about what might go wrong than what might go right. UBS’s latest global credit strategy note lands firmly in that camp. Its analysts are already framing 2026 around AI risk, late-cycle credit jitters and a widening gap between the US and Europe.
The tone is not apocalyptic, but it is wary – and that caution shapes a set of trades that, while global in scope, carry familiar implications for UK investors.
Analysts at Jefferies have highlighted Oracle Corp (NYSE:ORCL, XETRA:ORC)’s favorable risk versus reward profile following a recent 32% decline in the company’s shares from their September peak.
The analysts have a ‘Buy’ rating on Oracle and $400 price target, implying upside of 79% from Oracle’s share price at their time of writing.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) will report its latest quarterly results after the market close on Wednesday, and analysts at Wedbush believe investors across the technology sector will be closely watching the update as a barometer for broader AI demand.
The analysts believe that with tech stocks experiencing volatility and renewed concerns about an “AI bubble,” the focus this week “comes down to gauging the AI Revolution demand story which starts and ends with Nvidia.”
Analysts at Noble Capital Markets have repeated their ‘Outperform’ rating on Bit Digital Inc (NASDAQ:BTBT) following its latest quarterly results, which marked the company’s first full reporting period as an Ethereum (ETH)-focused treasury and staking operation.
Their price target of $5.50 implies upside of about 140% from current levels.
The prevailing opinion suggests the gig economy is a passing fad, a sort of digital paper round that will melt away once the labour market tightens.
Goldman’s latest look at the sector suggests otherwise. Scratch beneath the headlines about a cooling US jobs market and you find millions turning to gig work to plug gaps in their income, smooth lumpy hours or simply keep busy.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) can deliver around 20% growth in copper production over the next three years, that's according to analysts at Citi, pointing to the ramp-up at Oyu Tolgoi as a key contributor.
The broker said the mine will also bring increased volumes of gold and silver by-products, helping lower unit costs. Rio has already guided to copper unit costs of $1.10–$1.30 per pound, Citi noted.
JP Morgan has said earnings growth is broadening, with evidence of stronger corporate performance outside the tech sector.
In the US, S&P 500 companies excluding the Magnificent 7 delivered 12% earnings growth, the best rate in years, analysts at the American bank said in a note.
Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) shares took a battering after the bookmaker reset its profit guidance for next year, catching investors off guard with a roughly 10% downgrade at the earnings level. But JP Morgan reckons the market has overreacted.
The bulk of the surprise came from Flutter's plans to launch prediction markets, a nascent corner of the gambling world where punters bet on everything from election outcomes to economic data.
IXICO PLC (LSE:IXI, OTC:PHYOF) shares jumped 5% to 11.28p after the neuroscience analytics specialist landed a four-year contract worth more than £3.5 million to support a global phase III trial in Huntington’s Disease.
The London-based group will provide imaging services for the study under a deal with a major pharmaceutical company. Phase III trials are the final and most expensive stage before a drugmaker seeks regulatory approval, making this a commercially meaningful win for IXICO.