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Apple stock: Analyst flags AI concerns, warns of downside risk ahead of earnings

Apple stock: Analyst flags AI concerns, warns of downside risk ahead of earnings

Investing.com -- Apple faces significant uncertainty ahead of its fiscal third-quarter earnings, with MoffettNathanson warning that the coming report “will be unusually difficult to make sense of.”  The firm reiterated a Sell rating and a $139 price target on the stock, citing multiple unresolved issues ranging from tariffs and China discounting to AI strategy and potential fallout f ...

2025-07-01 01:08:25
US Supreme Court rejects Exxon’s appeal of $14.25 million air pollution penalty

US Supreme Court rejects Exxon’s appeal of $14.25 million air pollution penalty

By Nate Raymond (Reuters) -The U.S. Supreme Court turned away on Monday Exxon Mobil Corp (NYSE:XOM)’s bid to overturn a $14.25 million civil penalty that a judge imposed in a long-running lawsuit over air pollution at its Baytown, Texas, crude oil refinery. Exxon had asked the justices to take up the case after a lower court in December upheld the largest penalty ever assessed in a citizen-ini ...

2025-07-01 01:06:19
Cantor bullish on SailPoint as machine identity push to extend growth runway

Cantor bullish on SailPoint as machine identity push to extend growth runway

Investing.com -- Cantor Fitzgerald began coverage of SailPoint with an Overweight rating and a $29 price target, saying that the identity‑security firm’s market lead and expanding product lineup position it for “mid‑20%” annual recurring‑revenue growth over the next several years. The target implies about 27% upside to SailPoint’s current trading price of $23.34. It is trading ...

2025-07-01 01:03:53
US Supreme Court rejects American Airlines appeal of ruling barring JetBlue alliance

US Supreme Court rejects American Airlines appeal of ruling barring JetBlue alliance

By Nate Raymond (Reuters) -The U.S. Supreme Court rejected on Monday a request by American Airlines (NASDAQ:AAL) to overturn a judicial decision that found that the company’s now-scrapped U.S. Northeast partnership with JetBlue Airways (NASDAQ:JBLU) violated federal antitrust law. The justices turned away an appeal by American Airlines of a lower court’s decision in a lawsuit brought by the U. ...

2025-07-01 00:59:25