The Marked Chart Wire · Business
Analyst Ratings
Analysts upgrade BlackRock, Alphabet and Ford while downgrading Apple and CoreWeave
Morgan Stanley and JPMorgan initiate Overweight ratings on Adarx. BMO raises Alphabet's price target to $480.
More Business news
Tech Earnings
Microsoft, Google, Amazon set to report quarterly results
The three tech giants are scheduled to release earnings while major US stock indexes remain below significant support levels.
Analyst Ratings
Analysts upgrade SpaceX and Allegion while downgrading Deckers and Nvidia
PhillipCapital upgrades SpaceX to Buy with a $250 price target. Bank of America upgrades Allegion to Buy with a $200 target.
CoreWeave
Morgan Stanley cuts CoreWeave price target to $70 on financing concerns
Morgan Stanley lowered its price target for CoreWeave to $70 from $99 while keeping an Equalweight rating. Analyst Keith Weiss cited financing uncertainty that could delay the company's capacity deployment plans.
Apple
Apple launches $1,999 foldable iPhone Duo amid strong preorder demand
Apple releases its first foldable phone on Friday with preorders pushing delivery dates to late January. IDC projects the company will lead the global foldable market by 2027.
SpaceX
SpaceX wraps up $40 billion loan sale at higher rates
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 reportedly plans an IPO with a valuation near $2 trillion
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.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.