RBC Capital Maintains Outperform on Ferguson Enterprises, Lowers Price Target to $286
RBC Capital analyst Mike Dahl maintains Ferguson Enterprises (NYSE:FERG) with a Outperform and lowers the price target from $290 to $286.
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Reddit Stock Pops on Long-Awaited S&P 500 Inclusion
Reddit shares jump more than 10% after it was announced that the stock will join the S&P 500 index.
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Shares of power and electrical-related companies are trading lower as elevated oil prices and stronger-than-expected inflation data this week fuel expectations that U.S. interest rates will remain higher for longer. Rising financing costs could pressure capital spending on power infrastructure and data center projects, weighing on demand for electrical equipment and related solutions.
Shares of power and electrical-related companies are trading lower as elevated oil prices and stronger-than-expected inflation data fuel expectations that U.S. interest rates will remain higher for longer. Rising financing costs could pressure capital spending on power infrastructure and data center projects, weighing on demand for electrical equipment and related solutions.
8-K filing — FLEX LTD. (FLEX)
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Flex Amends Warrant With Amazon To Purchase 3,859,851 Shares At $51.29 Per Share
On October 9, 2026, Flex Ltd. (the "Company" or "Flex") and Amazon.com NV Investment Holdings LLC (the "Warrantholder") and Amazon.com Services LLC (the "Assignee"), wholly-owned
Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.