Apple Inc (NASDAQ:AAPL, XETRA:APC) kicks off its annual Worldwide Developers Conference on Monday with Wall Street expecting the company to lay out an ambitious AI strategy anchored by a significantly upgraded Siri and deeper integration across its software platforms.
The June 8 event in Cupertino is widely seen as a pivotal moment for the iPhone maker, which has faced mounting pressure to demonstrate it can compete in the rapidly evolving artificial intelligence landscape.
Nike Inc (NYSE:NKE, XETRA:NKE) is leaning on its football division to sustain the brand's ongoing turnaround, positioning the category as the next major proof point following a successful revival in running, according to analysts who attended a company investor event in New York.
Jefferies analysts, after attending Nike's Global Football investor event, said it reinforced CEO Elliott Hill's strategy of rebuilding the brand one sport and one region at a time.
Airbnb Inc (NASDAQ:ABNB, XETRA:6Z1) is on track to sustain double-digit revenue growth through the end of the decade as its expansion into hotels, travel experiences, and higher take rates adds meaningful incremental revenue, Jefferies said, reiterating a Buy rating on the stock.
Analysts at Jefferies project that each of the three growth drivers -- hotels, experiences, and take rate expansion -- could contribute roughly one percentage point to annual revenue growth between 2025 and 2030, underpinning estimates that now sit above Wall Street consensus.
Goldman Sachs has told clients to be aggressive buyers of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on any share price weakness following the US chipmaker's second-quarter results.
In doing so, it argued that the modest near-term disappointment relative to elevated expectations masks an exceptionally strong medium-term AI revenue trajectory.
Panmure Liberum has downgraded Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) from 'buy' to 'sell', arguing that the fuel cell technology company's extraordinary share price rally has outrun the realities of commercial scale-up, sending the shares down 5% to 689p.
The broker raised its price target to 590p from 475p but said the stock, which has risen 244% year to date and 8x over the past 12 months to reach a market cap of £1.4 billion, now prices in manufacturing capacity growth that is unlikely to materialise at the pace the market assumes.
Snowflake Inc (NYSE:SNOW)’s artificial intelligence strategy is showing increasing signs of commercial traction, according to Jefferies analysts, who reiterated their ‘Buy’ rating and $300 price target on the cloud data platform company following its user conference and investor day in San Francisco.
This price target implies upside from current levels of about $245.
Microsoft Corp (NASDAQ:MSFT)'s enterprise artificial intelligence strategy received a positive assessment from Jefferies following the company's annual Build developer conference, with the analysts writing that the competitive focus in AI is increasingly shifting beyond foundation models toward the software infrastructure used to manage, evaluate, and deploy them.
After attending the event in person, the analysts wrote that Microsoft's model-agnostic approach, integrated enterprise platform, and governance capabilities position it well as businesses seek greater flexibility in deploying AI applications.
Innodata Inc. (NASDAQ:INOD) has been given a higher valuation by Wedbush, with the firm raising its price target to $120 from $100, citing increasing confidence in the company's ability to drive revenue growth through fiscal 2026 and beyond as demand for AI data annotation and model training services expands.
Shares of Innodata surged 14% on Thursday afternoon to about $123.
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares were down around 5.4% on Thursday despite the cybersecurity company posting first-quarter fiscal 2027 results that beat Wall Street estimates across the board and raised its full-year outlook.
Wedbush maintained its outperform rating and raised its price target to $720 from $700, saying the company remains cybersecurity's "golden child" and that investors should buy weakness in the stock.
AtaiBeckley Inc. (NASDAQ:ATAI, XETRA:9VC) has kept Jefferies analysts bullish on the company following a fireside chat in New York City, with the firm reiterating a 'Buy' rating and a $10 price target on the company, implying roughly 120% upside from current levels.
The firm’s outlook centers on strengthening late-stage visibility across the company’s psychedelic pipeline and what it described as an increasingly constructive regulatory backdrop.
UnitedHealth Group Inc (NYSE:UNH, XETRA:UNH) shares rose more than 5% to about $397 on Thursday after Bank of America upgraded the stock to ‘Buy,’ citing improving medical cost trends and a more favorable risk-reward setup heading into upcoming earnings.
The firm also raised its price target to $450 and lifted earnings estimates for 2026 and 2027.
Shares of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) fell more than 14% on Thursday after the chipmaker's fiscal third-quarter AI revenue guidance and its reiteration of a full-year 2027 target fell short of investor expectations, overshadowing strong second-quarter results.
Broadcom guided for AI revenue of $16 billion in the third quarter, below analyst estimates of around $17.3 billion, and reiterated its fiscal 2027 AI revenue target of more than $100 billion, a figure analysts said the market had already priced in at a considerably higher level.
Longspur Research has initiated coverage of Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S), the battery materials company, with a central case valuation of 153p per share, representing nearly eight times the current share price of 19.25p.
The broker's bullish case rests on Gelion's proprietary nano-encapsulated sulfur cathode active material, a technology it says can produce batteries that outperform conventional lithium-ion chemistries while costing less to manufacture, even when made in the West.
Jefferies has flagged four near-term catalysts in GSK PLC's (LSE:GSK, NYSE:GSK) oncology pipeline following a fireside chat with the pharmaceutical company's global head of oncology and research and development at the bank's New York healthcare conference, reiterating its buy rating and 2,500p price target on the stock.
GSK, which is trading at 1,872p, plans to present additional datasets for its B7H3 antibody-drug conjugate. This targeted cancer therapy delivers toxic payloads directly to tumour cells, at a major oncology conference in the second half of 2026, which Jefferies believes is likely to be ESMO, the European Society for Medical Oncology's annual meeting.
European oil and gas producers such as Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) are enjoying a windfall from higher crude prices, but analysts are increasingly questioning how much further the sector can run after a strong rally this year.
JPMorgan said European exploration and production stocks have risen by an average of 53% since the start of 2026, leaving valuations more finely balanced despite continued support from elevated commodity prices. Shell and BP shares are up 17% and 23% respectively in the year to date.
Wells Fargo & Co (NYSE:WFC, XETRA:NWT)'s recent share price underperformance may have created an attractive entry point for investors, according to Bank of America, which argued that the bank's valuation has fallen more sharply than its underlying fundamentals would suggest.
The firm noted that Wells Fargo shares are down about 15% year-to-date, compared with a roughly 4% gain for its peer group. Shares traded at about $79 on Wednesday afternoon.
Dundee Precious Metals Inc (TSX:DPM) could see meaningful resource growth at its Chelopech operation following the company's announcement of a new high-grade gold-copper porphyry discovery, according to Jefferies analysts.
The firm wrote that the discovery at the Brevene South Porphyry (BSP) target, located adjacent to the Chelopech mine concession in Bulgaria, may represent the deeper source system that geologists have long speculated exists beneath the operation.
Wayfair Inc (NYSE:W) appears to be on pace for mid-single-digit revenue growth in the second quarter, according to Jefferies, though the firm maintained a cautious outlook for the second half of the year based on weakening forward demand indicators.
Jefferies reiterated its ‘Hold’ rating on the online home furnishings retailer, citing website traffic data through May that suggests the company is tracking toward approximately 5% year-over-year growth for the current quarter. The brokerage noted that management had previously guided for mid-single-digit growth in Q2.
Pan American Silver Corp. (TSX:PAA, NASDAQ:PAAS) has outlined what Jefferies analysts see as a clearer path to internally funding its multi-asset growth pipeline, anchored by La Colorada, with Juanicipio supporting margins and Jacobina and Timmins providing additional upside optionality.
The company hosted an Investor Day on June 1 in Toronto, where management discussed its portfolio strategy and development plans across key operating regions.
JP Morgan has concluded that consensus earnings estimates for ASML Holding NV (NASDAQ:ASML, XETRA:ASME), the Dutch semiconductor equipment maker that holds a global monopoly on extreme ultraviolet (EUV) lithography machines used to manufacture advanced chips, are materially too low and require significant upgrades for 2027 and 2028.
The bank's reassessment follows a shift in ASML's own messaging, which has moved from guiding cautiously on unit volumes to signalling that its manufacturing capacity is more flexible than previously communicated.
One in four new cars sold worldwide last year was electric, according to International Energy Agency (IEA) data cited by UBS, marking a landmark moment for the transition away from the internal combustion engine.
Global electric vehicle (EV) sales, which include both battery-only cars and plug-in hybrid models but exclude conventional hybrids that cannot be charged from a socket, exceeded 20 million units in 2025.
Citi has maintained its strategic outlook on Bitcoin (BTC) despite a small sale of the cryptocurrency by Strategy, the software company that holds the largest corporate bitcoin treasury.
It described the disposal as a routine tax-optimisation measure flagged at the company's last results call rather than a signal of changing conviction.
UBS has described the UK equity market as an "incomplete plate rather than an empty one" in its latest monthly strategy note, concluding that disciplined stock selection rather than broad index exposure is the right approach.
The bank's REVS framework, which assesses regime, earnings, valuation and sentiment across a two to six month tactical horizon, assigns the UK market a fragile score, one notch below constructive, with earnings now the strongest supportive pillar and sentiment the most significant drag.
Deutsche Bank has kept its sell rating and 11,500p price target on AstraZeneca PLC (LSE:AZN, NASDAQ:AZN), the FTSE 100 pharmaceuticals giant, with the shares at 13,064p.
The bank's analyst judged the company's investor event at the American Society of Clinical Oncology (ASCO) annual conference in Chicago as broadly incremental, acknowledging AZ's formidable oncology track record while pointing to unresolved questions that temper enthusiasm.
Rubrik (NYSE:RBRK) is scheduled to report its first quarter results this week, with investors looking for signs that demand for the company's cyber resilience and data protection offerings remains strong despite concerns about rising memory costs affecting enterprise technology spending, according to Jefferies analysts.
The analysts expect Rubrik to deliver a strong quarter, pointing to momentum in cyber resilience and identity security products, favorable channel feedback, and what they described as a relatively easy year-over-year comparison.
Mobia Medical (NASDAQ:MOBI) was initiated with a ‘Buy’ rating and a $16 price target by Bank of America, which cited the company's growth potential in stroke recovery treatment and a large addressable market for its Vivistim system.
Mobia's Vivistim therapy combines rehabilitation exercises with a vagus nerve stimulation (VNS) device designed to help chronic stroke survivors improve upper-limb function.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target.
The initiation comes one day after FedEx Freight was spun off from FedEx Corp (NYSE:FDX, XETRA:FDX), with FedEx retaining a 19.9% ownership stake.
May was a good month to be invested in global stock markets. According to UBS, shares around the world rose almost 5% in a single month and are now up more than 10% since January. To put that in perspective, a decent full year used to mean returns like that.
So what's going on?
Wedbush Securities has raised its price target on International Business Machines Corp (NYSE:IBM) from $320 to $350 while maintaining its outperform rating, arguing that a wave of AI-driven disruption fears that weighed on the stock earlier this year has proved unfounded and that the company's underlying momentum across its core product portfolio is strengthening.
The upgrade follows what Wedbush describes as a period in which IBM was caught up in what it terms the "AI Ghost Trade," a de-rating driven by concerns that Claude Code, Anthropic's AI coding tool, could modernise legacy COBOL systems and bypass IBM's entrenched enterprise install base entirely.
Two of the world's largest cybersecurity companies report earnings this week, and Wedbush Securities argues the structural backdrop has rarely been more compelling for the sector's dominant platform players.
The core argument is counterintuitive but increasingly accepted among security professionals: artificial intelligence does not reduce the attack surface enterprises need to defend, it expands it dramatically.
Entain PLC (LSE:ENT) shares climbed 3.4% to 582p on Tuesday after Deutsche Bank flagged that a proposed acquisition of MGM Resorts by People Inc, the renamed IAC, could have positive read-across implications for the FTSE 100 gambling group.
People Inc, chaired by media executive Barry Diller, has proposed a $48.30 per share cash offer for MGM Resorts International, the Las Vegas-based casino and hospitality giant.
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) delivered a strong fiscal third quarter performance, with its value-focused strategy, membership growth and fuel business continuing to support sales momentum, according to Jefferies analysts.
Jefferies wrote that the warehouse retailer posted double-digit sales growth, solid comparable sales and continued strength in memberships and digital operations.
Lululemon Athletica Inc (NASDAQ:LULU)'s first quarter results are unlikely to mark a turning point for the athletic apparel retailer, with Jefferies analysts warning that continued weakness in traffic, conversion and brand engagement is expected to weigh on performance, while a meaningful turnaround may not materialize until 2027.
The brokerage expects Q1 revenue to rise 0.8% year over year to approximately $2.3 billion, with comparable sales declining 1% as softer demand in North America offsets continued international growth.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)’s latest announcements at its GTC Taipei event have reinforced the company's position in artificial intelligence infrastructure while expanding its reach into new computing markets, according to Bank of America, which maintained a 'Buy' rating and $350 price objective on the stock.
Shares added more than 6% following the event to trade at $225.
Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) is considering a London Stock Exchange listing for its African business and a potential all-share transaction with Endeavour Mining, as the Canadian gold major looks to reshape its portfolio and sharpen its focus on North America, according to a Jefferies research note.
Jefferies said the two paths are not mutually exclusive and may sit on a spectrum of possible structures. Options under consideration include a standalone London-listed African entity, an all-share combination of Barrick's African assets with Endeavour Mining that would result in an LSE-listed Africa-focused vehicle, or a holding company structure in which Barrick retains stakes in both a North American-listed entity and a separate Africa-focused vehicle listed in London.
Amazon.com Inc (NASDAQ:AMZN)’s low Earth orbit (LEO) satellite initiative is approaching a key operational milestone as deployment activity accelerates and commercial service moves closer to launch, according to research from Bank of America.
The firm wrote that Amazon’s satellite project is "on the cusp of generating revenues," with satellite launches accelerating during the second quarter and commercial service expected to begin in the third quarter.
This year's American Society of Clinical Oncology (ASCO) conference has been a subdued affair for European pharmaceutical companies, with no major plenary presentations and little data capable of moving share prices materially.
But beneath the quiet surface, both AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) and Roche emerged with important questions to answer about the commercial futures of key pipeline assets.
Prediction market traders give only a 26% probability that shipping traffic through the Strait of Hormuz will return to normal by the end of June, a sharp decline from odds that stood nearer to 50% in May, as the US-Iran conflict drags on with no clear resolution.
The Polymarket contract, which has attracted nearly $12 million in trading volume, resolves in favour of bettors if IMF Portwatch data shows a seven-day moving average of transit calls at or above 60, a threshold that would represent something approaching pre-war normality through the waterway.