Novo Nordisk Backs Enobosarm, Canaccord Sets $25 Target
Canaccord note out on on $VERU (from earlier) - BUY rating and $25 Price TGT "Supply agreement with Novo Nordisk shows Big Pharma players in obesity are watching enobosarm play out clinically" We view this as a significant event for the company as it shows that enobosarm has grabbed the attention of one of the two biggest players in obesity. We view the data produced to date in the previous Phase II trial as compelling and believe a SARM such as enobosarm added to a GLP-1 regimen could be a significant differentiator. More deets + (Canaccord Genuity)
Morgan Stanley Bullish: $775 Target, 30%
Morgan Stanley out positive on $META Top pick; $775 PT ~30% upside. We detail and size Meta AI search, business and consumer subscriptions, core ad upside, and the Neocloud safety valve, each of which could add $1-3 to '28...
Nvidia to Unveil ARM‑Based AI PC Processor
for $ARM Macquarie out in a note that Nvidia $NVDA will announce a highly anticipated AI PC processor next week at Computex. It will be a $ARM based CPU. This will be a large TAM for the...
MSCI's $303bn Rebalance Hits Tech: Nvidia Sell, Apple/Microsoft Buy
Friday’s MSCI rebalance will be the largest ever, with a ~$303bn overall trade. Notable tech rebals include: $NVDA (largest trade notionally of ~$11b to sell, net index supply of almost 50mn shares) $AAPL big large buy ~$3.1b, net demand 10.5m shares) and $MSFT...
Nebius Inks $2.6B Fuel‑cell Pact for 250 MW
RBC out commenting on the $BE $NBIS $2.6B deal in a 6k filing, reits $335 PT Nebius disclosed in its 6K this morning that it had entered into a Master Fuel Cell Capacity Agreement with Bloom. Under the agreement, Nebius...
Limited Memory Supply Forces Customers to Cut Usage
For memory, Micron $MU etc According to SK Group chairman Chey Tae-won, who also oversees SK hynix, if companies like SK hynix do not increase their memory supply, customers will find ways to use less memory by optimizing their infrastructure and...
Boeing Leverages Trump Trip to Secure Massive China Order
Would keep any eye on $BA this week Boeing CEO Kelly Ortberg is going with Trump to China this week. This trip is particularly significant for Boeing, as Ortberg has publicly noted that the company is relying on the Trump...
Cerebras Gains 55% Upside From AWS, OpenAI Partnerships
Hedgeye Long $CBRS 55% Upside from $120 IPO Price(before the $150-$160 change cuz demand) Many reasons why ,but this one point stood out Commercial momentum has accelerated following major engagements with AWS and OpenAI (OAI). We estimate OpenAI TCV exceeds $20bn,...
2D NAND Shortage Deepens as Samsung, Micron Exit Market
2D NAND shortage spirals after Samsung, Micron, and rivals exit market $SNDK only up a cool $53 https://t.co/MmmFu9b70X
100k+ $320 Apple Calls Expire Worthless in August
Nothing to see there, 100k + August $320 Calls gone off on Apple $AAPL Barron can you hear me??
CMS Rate Cuts Spark Medicare Billing Confusion Over CPT 64582
$INSP (neg)- oppenheimer note now - rates being reduced at CMS, big hinderance We believe that this will lead to further confusion within Medicare billing as INSP has stated to use CPT code 64582 without the 52 modifier. Having...
Pernod Ricard Resumes $32‑Share Bid for Brown‑Forman
BF/B $BF.B Pernod Ricard back in talks to acquire Brown-Forman for $32-share. Brown Forman working with Morgan Stanley Sazerac still involved. BETAVILLE
COHR’s InP Ramp Threatens AXTI’s Margin Outlook
This terrible for $AXTI $COHR ramping InP capacity fast reads pretty bad for $AXTI. Here are some cliff notes: 1. COHR accelerated internal 6-inch ramp, now one qtr ahead of schedule, effectively "air-gaps" the merchant market. The biggest buyers are becoming their own...
Micron Set to Gain From Samsung, SK H
Would be another positive for $MU Samsung Electronics and SK Hynix are both headed for strikes reports out of the mainland https://t.co/jLwz8VNydI
Marty Makary's Potential Dismissal Seen as Boost for QURE
Would be Positive for $QURE @rachaelmbade "MARTY MAKARY is expected to get the ax in the coming weeks, according to two well-placed individuals familiar" https://t.co/K0Uirzy1Pc