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The Marked Chart Wire · Business
Analyst Ratings
Morgan Stanley reiterates an overweight rating on SpaceX after strong third-quarter results and a forecast of up to 37 billion dollars in first-quarter 2027 revenue. Needham downgrades Netflix to hold, while TD Cowen downgrades Chipotle to hold over slowing sales.
Analyst Ratings
PhillipCapital upgrades SpaceX to Buy with a $250 price target. Bank of America upgrades Allegion to Buy with a $200 target.
SpaceX
Crown Castle and SpaceX are in discussions about tower lease agreements, according to a market report.
SpaceX Tesla
SpaceX stated that a potential deal with Tesla would require further sign-off from its oversight group, directors and majority owner.
SpaceX
SpaceX is completing a $40 billion borrowing deal with interest rates near 8.3 percent for its lowest-rated portion, more than one percentage point above its existing bonds. Apollo and Goldman Sachs lead the transaction as investors weigh the company's rising debt and AI spending.
Deals
Anthropic is said to file for an initial public offering in the coming days, with some investors expecting a market value up to $2 trillion. The firm's current private worth is $965 billion.
Nokia
Nokia reported third-quarter revenue of $5.79 billion and adjusted earnings of $0.101 per share, beating estimates. AI and cloud net sales rose 123 percent year over year, and the company raised its full-year operating profit guidance.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.