I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff
I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff
“BCC Research examines how AI is improving crop nutrient management, optimizing application timing, reducing human error, and supporting more sustainable agricultural practices.”Boston, May 12, 2026 (GLOBE NEWSWIRE) -- Artificial intelligence is rapidly transforming the crop micronutrients industry as agricultural technology companies deploy advanced solutions to address declining soil health and ...
“BCC Research examines how AI is improving crop nutrient management, optimizing application timing, reducing human error, and supporting more sustainable agricultural practices.”Boston, May 12, 2026 (GLOBE NEWSWIRE) -- Artificial intelligence is rapidly transforming the crop micronutrients industry as agricultural technology companies deploy advanced solutions to address declining soil health and rising demand for precision nutrient management. BCC Research's latest analysis, AI Impact on Crop M
Kara Calvert, vice president of US policy at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Kara Calvert, vice president of US policy at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Tepid cabinet support and a blunted No 10 operation are making it harder for the prime minister to face down critics The last time Keir Starmer faced a threat to his leadership, his core team assembled in the cabinet room and persuaded ministers to fire off a succession of supportive tweets in an attempt to keep him in office. This time has been different. As the number of MPs calling for the prim...
Tepid cabinet support and a blunted No 10 operation are making it harder for the prime minister to face down critics The last time Keir Starmer faced a threat to his leadership, his core team assembled in the cabinet room and persuaded ministers to fire off a succession of supportive tweets in an attempt to keep him in office. This time has been different. As the number of MPs calling for the prime minister to resign has grown over the last 48 hours, much of the cabinet has remained quiet. Continue reading...
The Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) has quietly become one of the better-performing fixed income vehicles of the past year, returning 16% over the trailing twelve months as the Federal Reserve cut its policy rate by 75 basis points and risk appetite returned. PCY now trades around $22 and is up 3% over ... The Fed Rate Path Will Make or Break PCY in 2026: Here’s What to ...
The Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) has quietly become one of the better-performing fixed income vehicles of the past year, returning 16% over the trailing twelve months as the Federal Reserve cut its policy rate by 75 basis points and risk appetite returned. PCY now trades around $22 and is up 3% over ... The Fed Rate Path Will Make or Break PCY in 2026: Here’s What to Watch
Alistair Berg Konstantinos Kosmidis and Julian Lin have turned more bullish on Advanced Micro Devices ( AMD ) and Palantir Technologies ( PLTR ), respectively, citing accelerating AI-driven growth and strong margin performance as key catalysts. On the downgrade side, Power Solutions International ( PSIX ) and Vermilion Energy ( VET ) have drawn more cautious outlooks from analysts. Upgrades Advanc...
Alistair Berg Konstantinos Kosmidis and Julian Lin have turned more bullish on Advanced Micro Devices ( AMD ) and Palantir Technologies ( PLTR ), respectively, citing accelerating AI-driven growth and strong margin performance as key catalysts. On the downgrade side, Power Solutions International ( PSIX ) and Vermilion Energy ( VET ) have drawn more cautious outlooks from analysts. Upgrades Advanced Micro Devices ( AMD ): Upgrade to Neutral by Konstantinos Kosmidis . The analyst points to strong Q1 Data Center revenue growth of 57% year-over-year and Q2 guidance that meaningfully exceeds consensus, with revenue midpoint at $11.2B implying 46% YoY growth. “The results were very good, but the guidance was what did it for me. At the same time, management's commentary provided greater revenue visibility and helped tie the AI demand narrative to the company level.” Palantir Technologies ( PLTR ): Upgrade Sell to Neutral by Julian Lin . The analyst acknowledges being wrong about the company, citing an 85% year-over-year revenue increase and unprecedented operating leverage with a 46% GAAP operating margin. “ Growth continues to accelerate, and the company has reached unprecedented levels of profitability. These have led to changes in my assumptions, which now justify a rating upgrade...With agentic AI rapidly rising in adoption, it is not too surprising to understand that PLTR has become a central enabler of generative AI. ” Downgrades Power Solutions International ( PSIX ): Downgrade Hold to Sell by CAN Analyst . Q1 2026 results revealed severe operating leverage issues, with net income falling 62% despite only a 5% decline in net sales, while gross margin contracted to 22.9%. “ Now that we have Q1 2026 results, they showed a completely different picture from what I was expecting...Now we see that revenue is falling, EPS is going down, gross margin is weak, and the current situation does not seem to give a chance to any fast rebound that we would like to see. Sadly, the ...
Alistair Berg Konstantinos Kosmidis and Julian Lin have turned more bullish on Advanced Micro Devices ( AMD ) and Palantir Technologies ( PLTR ), respectively, citing accelerating AI-driven growth and strong margin performance as key catalysts. On the downgrade side, Power Solutions International ( PSIX ) and Vermilion Energy ( VET ) have drawn more cautious outlooks from analysts. Upgrades Advanc...
Alistair Berg Konstantinos Kosmidis and Julian Lin have turned more bullish on Advanced Micro Devices ( AMD ) and Palantir Technologies ( PLTR ), respectively, citing accelerating AI-driven growth and strong margin performance as key catalysts. On the downgrade side, Power Solutions International ( PSIX ) and Vermilion Energy ( VET ) have drawn more cautious outlooks from analysts. Upgrades Advanced Micro Devices ( AMD ): Upgrade to Neutral by Konstantinos Kosmidis . The analyst points to strong Q1 Data Center revenue growth of 57% year-over-year and Q2 guidance that meaningfully exceeds consensus, with revenue midpoint at $11.2B implying 46% YoY growth. “The results were very good, but the guidance was what did it for me. At the same time, management's commentary provided greater revenue visibility and helped tie the AI demand narrative to the company level.” Palantir Technologies ( PLTR ): Upgrade Sell to Neutral by Julian Lin . The analyst acknowledges being wrong about the company, citing an 85% year-over-year revenue increase and unprecedented operating leverage with a 46% GAAP operating margin. “ Growth continues to accelerate, and the company has reached unprecedented levels of profitability. These have led to changes in my assumptions, which now justify a rating upgrade...With agentic AI rapidly rising in adoption, it is not too surprising to understand that PLTR has become a central enabler of generative AI. ” Downgrades Power Solutions International ( PSIX ): Downgrade Hold to Sell by CAN Analyst . Q1 2026 results revealed severe operating leverage issues, with net income falling 62% despite only a 5% decline in net sales, while gross margin contracted to 22.9%. “ Now that we have Q1 2026 results, they showed a completely different picture from what I was expecting...Now we see that revenue is falling, EPS is going down, gross margin is weak, and the current situation does not seem to give a chance to any fast rebound that we would like to see. Sadly, the ...
Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Thx4Stock/iStock via Getty Images By Elior Manier The US dollar ( DXY ) saw a sharp correction after the fragile ceasefire began, but that downward trend has now completely stopped. With the peace narrative having stalled, it is clear that the FX market is taking a more realistic view of the US-Iran diplomatic talks than stock markets, which remain optimistic despite little real progress. Foreign ...
Thx4Stock/iStock via Getty Images By Elior Manier The US dollar ( DXY ) saw a sharp correction after the fragile ceasefire began, but that downward trend has now completely stopped. With the peace narrative having stalled, it is clear that the FX market is taking a more realistic view of the US-Iran diplomatic talks than stock markets, which remain optimistic despite little real progress. Foreign exchange markets are focusing on energy prices instead of tech sector excitement, and are adjusting for geopolitical risks. The Petrodollar Trade - Oil and US Dollar Correlation - May 12, 2026 (Source: TradingView) After gaining against the US dollar in late March and early April, most major currencies are back to trading in a narrow range. Today, though, they are quickly reversing as WTI crude oil moves back above $100 with the recently souring narrative. The ongoing conflict and related economic challenges are supporting the US dollar. Although new reports suggest Iran may dilute its highly enriched uranium to 3.7% and 20% , overall diplomatic talks have stalled, and the uncertainty continues to disrupt energy supply chains while adding to the demand for the US dollar. Current Session's FX Performance - May 12, 2026 (Courtesy of Finviz) Along with the ongoing geopolitical uncertainty, a higher-than-expected inflation report has strengthened the US dollar - and make sure to stay logged in because there will be more reports for inflation coming up tomorrow ( PPI ). Today’s CPI showed headline inflation at 3.8% (compared to 3.7% expected) and core CPI at 2.8% (versus 2.6% forecast) - a huge rise, but not so surprising considering the explosion in gas prices. The strong inflation reading keeps suggesting that the Fed will keep rates as is (if not hiking!), putting pressure on other major currencies. US Morning Data (Source: MarketPulse Economic Calendar) We will look at the Dollar Index, EUR/USD, and GBP/USD to assess the current state of the FX market and where to look next....
At $390, Alphabet (NASDAQ:GOOGL) finally earned its place alongside Nvidia (NASDAQ:NVDA) in the AI conversation is now trading its fortress balance sheet for the right to spend like a utility. Alphabet has the rare full stack. Search and YouTube remain two of the most-visited destinations online. Cloud is compounding at 63% growth on $20.03 billion in quarterly ... Google Was the Next Nvidia All A...
At $390, Alphabet (NASDAQ:GOOGL) finally earned its place alongside Nvidia (NASDAQ:NVDA) in the AI conversation is now trading its fortress balance sheet for the right to spend like a utility. Alphabet has the rare full stack. Search and YouTube remain two of the most-visited destinations online. Cloud is compounding at 63% growth on $20.03 billion in quarterly ... Google Was the Next Nvidia All Along, but It Might Be Making a Big Mistake
Key PointsThomas J. Herzfeld Advisors sold 492,275 shares of BPRE in the first quarter; the estimated trade value was $7.78 million based on quarterly average prices.
Key PointsThomas J. Herzfeld Advisors sold 492,275 shares of BPRE in the first quarter; the estimated trade value was $7.78 million based on quarterly average prices.