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AT&T AI Partnerships Target New Growth Beyond Core Telecom Business
Simply Wall St.74d agobullish
AT&T AI Partnerships Target New Growth Beyond Core Telecom Business

AT&T (NYSE:T) announced an expanded client collaboration with Wiliot to deploy its Physical AI platform across large supply chains. The company renewed its partnership with Adaptive ML, with plans to double its use of the AI and machine learning platform for fraud detection and customer engagement. AT&T also entered a commercial collaboration with Derq to bring real time AI roadway safety intelligence into its Intelligent Transportation Platform. AT&T, trading at $23.21, is using these...

Wall Street CIO: The AI Trade is “Technically Unsustainable.” Buy These Two Industries Instead.
24/7 Wall St.74d agobullish
Wall Street CIO: The AI Trade is “Technically Unsustainable.” Buy These Two Industries Instead.

Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partners, told CNBC on June 10 that the technical setup under the AI trade has gotten silly. “Stocks in the AI trade got so far above their moving averages that you just knew that usually chart patterns like that are unsustainable,” he said. His call ... Wall Street CIO: The AI Trade is “Technically Unsustainable.” Buy These Two Industries Instead.

A Look At Telesat (NasdaqGS:TSAT) Valuation After A Sharp Multi‑Year Share Price Surge
Simply Wall St.74d agobullish
A Look At Telesat (NasdaqGS:TSAT) Valuation After A Sharp Multi‑Year Share Price Surge

Telesat (TSAT) stock has drawn attention after a sharp move over the past year, with the price now at $43.89 and returns ranging from down 20.1% over the past month to up 405.1% over 3 years. See our latest analysis for Telesat. Recent trading has cooled after a strong run, with the share price down 20.1% over the past month but still showing a 50.5% year to date share price return and a 3 year total shareholder return above 4x. If Telesat’s move has you looking more broadly at the space and...

Wall Street Strategist: SpaceX Will Force a Major Stock Market Repositioning. Buy These Stocks Instead.
24/7 Wall St.74d agobullish
Wall Street Strategist: SpaceX Will Force a Major Stock Market Repositioning. Buy These Stocks Instead.

A mega-IPO is about to land in a market already running hot, and one Wall Street strategist sees it as the catalyst that forces investors to broaden their bets. Carol Schleif, Chief Market Strategist at BMO Wealth Management, told CNBC this week that the SpaceX IPO on Friday will pull capital out of the year’s ... Wall Street Strategist: SpaceX Will Force a Major Stock Market Repositioning. Buy These Stocks Instead.

Caterpillar Stock Pulled Lower After AI-Driven Rally
The Wall Street Journal75d agobullish
Caterpillar Stock Pulled Lower After AI-Driven Rally

Investors may be having second thoughts about Caterpillar’s part in the AI data-center construction boom as a supplier of power generators. For Caterpillar, it’s the biggest drop in more than a year, when shares declined 5.78% on April 4, 2025. Shares are down four of the last five trading sessions and off since the start of June, according to Dow Jones Market Data.

Oracle beats on Q4 earnings & revenue, but cloud sales disappoint
Yahoo Finance Video75d agobullishVIDEO
Oracle beats on Q4 earnings & revenue, but cloud sales disappoint

Oracle (ORCL) reported fourth quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $2.11 (compared to analyst estimates of $1.97), and adjusted revenue came in at $19.18 billion (compared to analyst estimates of $19.09 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.

Stocks slide on US inflation surge, tech weakness
AFP75d agobullish
Stocks slide on US inflation surge, tech weakness

Global stock markets mostly fell on Wednesday as fresh strikes in the Middle East, a jump in US inflation and a tech sell-off weighed on sentiment.While the headline figure jumped, the core reading that excludes energy prices that have surged due to war in the Middle East, held steady at 2.9 percent.

3 Dividend Stocks Built for Retirement to Buy in June
24/7 Wall St.75d agobullish
3 Dividend Stocks Built for Retirement to Buy in June

Mid-year is when income-focused investors tend to take a hard look at their portfolios. With the second half of 2026 ahead, retirees and near-retirees are leaning into reliable dividend payers that can keep checks coming through any summer volatility. The three names below combine long dividend histories, defensive cash flows, and recent raises, exactly the ... 3 Dividend Stocks Built for Retirement to Buy in June

Investing.com75d agobullish
Pfizer upgraded by RBC as valuation resets ahead of key pipeline catalysts

Investing.com -- Pfizer shares may have found a more balanced risk-reward profile after a sharp decline this year, prompting RBC Capital Markets to upgrade the drugmaker to Sector Perform from Underperform while maintaining its $25 price target. The brokerage said the stock's roughly 11% pullback from its 2026 highs has brought valuation in line with its expectations, reducing the downside risks it had previously highlighted.

Investing.com75d agobullish
Illumina upgraded to overweight at JPMorgan on clinical demand outlook

Investing.com -- Illumina received a bullish rating upgrade from JPMorgan, which raised its recommendation to Overweight from Neutral and lifted its December 2026 price target to $185 from $125, citing growing confidence in the DNA sequencing company's ability to sustain strong growth despite increasing competition.