President Donald Trump purchased between $1 million and $5 million in Axon Enterprise (AXON) stock on February 10, 2026 — just 14 days before U.S. Immigration and Customs Enforcement posted a notice seeking a five-year, $220 million contract for roughly 17,800 Tasers, unlimited cartridges, and full officer training. The disclosure surfaced in Trump's Office of Government Ethics filing made public in May, which contained over 3,700 individual transactions. The timing has drawn sharp scrutiny from ethics experts and renewed investor attention to Axon's rapidly expanding federal business.Axon dom...

Monday brought a wave of high-profile analyst moves across sectors, with Raymond James, UBS, Wells Fargo, and Goldman Sachs all making notable ratings changes that retail investors need to know about. The calls span mobile advertising, semiconductor chips, energy infrastructure, and auto insurance — and several come with large price target revisions that signal where institutional money is positioning heading into the second half of 2026.Raymond James launched coverage of AppLovin (APP) with a Strong Buy rating and a $640 price target, citing a long-term growth opportunity in mobile app moneti...

Wall Street's bullish chorus on TeraWulf (WULF) got significantly louder on Monday as Citi initiated coverage with a Buy rating and a $36 price target — implying another 39.4% upside from Friday's close. The call comes after an already extraordinary 12-month run in which TeraWulf shares have surged more than 500%. Once written off as a pure-play cryptocurrency miner, the company has reinvented itself as an energy infrastructure provider for high-performance computing (HPC) systems — the same infrastructure that powers artificial intelligence model development. TeraWulf shares rose more than 3%...

Comcast made one of the biggest corporate restructuring announcements in media history on Monday, revealing plans to spin off NBCUniversal and its European media business Sky into a separate publicly traded company. Comcast shares surged more than 20% on the news, with the stock briefly hitting 26% higher in premarket trading — a dramatic reversal for a stock that had fallen 30% over the past 12 months. The spin-off is expected to complete in approximately one year and will be structured as a tax-free transaction, meaning existing Comcast shareholders will automatically receive shares in both ...

Fiserv (FISV) is executing a sophisticated financial pivot that income and value investors should pay attention to. The global payments giant filed on June 16 to issue 1 billion euros in senior notes — split into two 500 million euro tranches maturing in 2030 and 2034, targeting European institutional investors. S&P Global Ratings assigned an investment-grade BBB rating to the new notes. This isn't a sign of financial stress. It's a deliberate liability management move from a company that processes trillions of dollars in payments annually and serves thousands of banks and businesses world...

Fewer rigs. More oil. That paradox is reshaping the U.S. energy sector — and AI is the engine behind it. From late 2022 through late 2025, the active rig count across the lower 48 states dropped by roughly one-third. Yet over that same period, Permian Basin crude production surged 18%, Appalachia natural gas output climbed 10%, and last July the lower 48 states set a new monthly crude oil production record. This isn't luck. It's the result of AI-powered drilling technology that is letting energy companies squeeze dramatically more productivity out of every rig, every crew, and every well. For ...

The Federal Reserve's interest rate outlook just shifted dramatically — and investors need to recalibrate. Minneapolis Fed President Neel Kashkari said Friday that he now expects one rate increase in 2026, a sharp reversal from the rate cut he had penciled in just three months ago. Speaking at the Aspen Ideas Festival, Kashkari was unambiguous: "In March, I had penciled in one rate cut by the end of the year. In June, I've changed that to one rate hike by the end of the year." Markets had been clinging to hopes of lower borrowing costs. Those hopes just took a direct hit.The catalyst is stubbo...

Nike (NKE) received a sobering reality check Friday when KeyBanc downgraded the stock from overweight to sector weight, signaling it's no longer willing to bet on an imminent turnaround. Analyst Ashley Owens acknowledged that CEO Elliott Hill's "Win Now" restructuring plan is producing results — but not quickly enough. After more than a year in place, efforts to rightsize the sportswear lineup, reassert Nike's wholesale partnerships, and stabilize its critical Greater China business are all taking longer than initially expected. The stock is already down 36% in 2026, making it one of the worst...

Goldman Sachs just put a fresh buy rating on Penn Entertainment (PENN), and the timing is notable. The investment bank initiated coverage Friday with a $26 price target — implying 23% upside from Thursday's close — citing an "inflection point" in the regional gaming sector driven by new casino projects and a turnaround in Penn's interactive betting operations. The call comes as PENN shares are already up 43% year-to-date, but Goldman analyst Lizzie Dove argues the run isn't over. Penn operates dozens of casinos and racetracks across the U.S. and has been investing heavily in digital gaming to ...

Tech stocks are selling off sharply Friday, and the culprit isn't just disappointing earnings or a macro shock — it's a new Chinese artificial intelligence model that analysts are calling "another DeepSeek moment." Z.ai, formerly known as Zhipu AI and listed in Hong Kong, launched GLM5.2, a model that Jefferies strategist Christopher Wood says is "almost equal to Anthropic at just a fraction of the price." Specifically, GLM5.2 costs just one quarter of Anthropic's Claude per token, putting major pressure on the valuations of both OpenAI and Anthropic ahead of their anticipated IPOs. The Nasdaq...