Barclays Initiates Coverage On Alcon with Equal-Weight Rating, Announces Price Target of $70
Barclays analyst Christopher Pasquale initiates coverage on Alcon (NYSE:ALC) with a Equal-Weight rating and announces Price Target of $70.
Stocks · News reference
Bill Ackman's new stock picks include Netflix, Visa and Mastercard. ETF investors can get fresh exposure through VFH, XLC and IAI.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Barclays analyst Christopher Pasquale initiates coverage on Alcon (NYSE:ALC) with a Equal-Weight rating and announces Price Target of $70.
Cathie Wood’s ARK Invest poured $31 million into Amazon, CoreWeave and Meta, but also trimmed $26.5 million of Teradyne.
Broadcom's AI semiconductor revenue surged 221% year-over-year in Q3, driven by custom AI accelerators (XPUs) designed with hyperscalers like Google, Meta, and OpenAI. Custom chips offer better power efficiency, faster inference, and higher returns on capital compared to GPUs, making them increasingly attractive as hyperscalers face capital constraints. While Nvidia's data center business is currently 4x larger, custom silicon is winning by volume among major customers and could eventually become a bigger business than GPUs.
Anthropic CEO Dario Amodei earned $18 million in 2025, topping Amazon and Alphabet CEOs but trailing Nvidia and Oracle chiefs.
Economist Paul Krugman said the AI boom is crowding out other investment, which the dot-com boom didn't do, whether or not it's a bubble.