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Credit Suisse raises its Amazon ([[AMZN]] +0.8%) target from $2,225 to $2,400 ahead of the earnings report on October 24. Analyst Stephen Ju reiterates his... [Read More]
Nanometrics (NANO) and Rudolph Tech (RTEC) will become the combined entity after the previously announced merger of equals is closed. The new company is ex... [Read More]
WeWork (WE) will still open its planned new locations in 2020, but has halted its expansion plans for 2021, according to Nikkei Asian Review sources. Throu... [Read More]
Wendy's (WEN) wants to add Uber Eats (UBER) and GrubHub (GRUB) as delivery partners before the end of the year, CEO Todd Penegor tells Yahoo Finance. The... [Read More]
SoftBank ([[SFTBF]],[[SFTBY]]) has hired Houlihan Lokey to explore options for easing WeWork's (WE) cash troubles, according to Bloomberg sources. Leases c... [Read More]
Zoom Video (ZM) dips 1.8% as its IPO lockup period expires, unlocking roughly 230M shares for trading. Zoom shares are up 14% since the April debut.... [Read More]
Pinterest (PINS) shares fall today as the IPO lockup expires, opening the door for early shareholders to sell shares. Pinterest shares are currently down 5... [Read More]
The U.S. House of Representatives' Transportation and Infrastructure Committee has "strongly urged" Uber (UBER) and rival Lyft (LYFT) to participate in Wed... [Read More]
Uber ([[UBER]] +4.3%) has laid off around 350 employees across teams that include Uber Eats, performance marketing, Advanced Technologies Group, and recrui... [Read More]
Credit Suisse analyst Matthew Cabral is "increasingly positive on the trajectory of near-term iPhone ([[AAPL]] +0.6%) demand," citing factors like the wait... [Read More]
Needham maintains a Buy rating on nLight (LASR), lowers the target by $1 to $18, and cuts its FY19 and FY20 revenue and earnings estimates.... [Read More]
Update with more details from the downgrade: OTR cites partner checks showing Q3 sales difficulties. The firm names Palo Alto ([[PANW]] +1.2%) and Fortinet... [Read More]
Ping Identity Holding (PING) gets a slate of new Buy-equivalent starts: Barclays, $21 target; Deutsche Bank, $21; Goldman Sachs, $24; Mizuho, $20; Raymond... [Read More]
Box (BOX) has hired Morgan Stanley as an advisor as the company mulls board changes amid activist investor scrutiny, according to Dealreporter sources. One... [Read More]
Bank of America maintains a Buy rating on IAC (IAC) and raises its target from $340 to $365. Analyst Nat Schindler cites the recent plans to spin... [Read More]
TF Securities analyst Ming-Chi Kuo predicts Apple (AAPL) will launch a new, lower-cost iPhone in Q1 2020. The phone will reportedly look like the iPhone 8... [Read More]
Cubic (CUB) appoints Hilary Hageman as SVP, General Counsel and Corporate Secretary. Hageman, who joins CUB from SAIC, will replace Jim Edwards, who is ste... [Read More]
TSMC's (TSM) 16nm production lead time has stretched as the supply has already fallen short of demand, according to Digitimes sources. The 7nm production c... [Read More]
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