Market News

Breaking headlines and analysis across every asset class.

Markets
MarketBeat • 1d ago
Corient Private Wealth LP Reduces Stock Position in KKR & Co. Inc. $KKR

Corient Private Wealth LP has decreased its stake in KKR & Co. Inc. by 26% during the second quarter, selling 86,400 shares and now owning 245,319 shares valued at $22.5 million. Despite this reduction, other institutional investors have recently increased their positions in KKR, and analysts maintain a "Moderate Buy" rating with a consensus price target of $130.00. The article also details recent insider stock sales, KKR's financial performance, and its latest quarterly dividend announcement.

Markets
MarketBeat • 1d ago
6,089 Shares in Live Nation Entertainment, Inc. $LYV Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd recently acquired a new position of 6,089 shares in Live Nation Entertainment, Inc. (NYSE:LYV) during the second quarter, valued at approximately $1,115,000. Other institutional investors have also adjusted their holdings, with Engineers Gate Manager LP significantly increasing its stake. Live Nation Entertainment reported strong Q2 earnings, beating analyst estimates, and currently holds a "Moderate Buy" rating from analysts with an average target price of $197.19.

Markets
MarketBeat • 1d ago
Corient Private Wealth LP Trims Stake in Intuit Inc. $INTU

Corient Private Wealth LP has reduced its stake in Intuit Inc. (NASDAQ:INTU) by 4.2% in the second quarter, selling 5,304 shares. Despite this, other institutional investors like California State Teachers Retirement System, BlackRock Inc., and Norges Bank significantly increased their holdings in Intuit. The article also highlights positive analyst sentiment, Intuit's strategic focus on an "end-to-end consumer platform," and an increase in its quarterly dividend.

Markets
Reuters • 1d ago
KKR sells entire stake in Philippines-based First Gen for $411 million

U.S. private equity firm KKR has sold its entire 19.9% stake in Philippine power producer First Gen for approximately 25.77 billion pesos ($410.48 million). This sale to investment firm Angsana Finance reverses KKR's earlier strategy, as it had recently sought to increase its holding in First Gen, a proposal which was rejected by First Gen's parent company, First Philippine Holdings Corp. The transaction concludes KKR's six-year investment in the company.

Markets
MarketBeat • 1d ago
Tidal Investments LLC Has $4.80 Million Stock Holdings in Aflac Incorporated $AFL

Tidal Investments LLC significantly increased its stake in Aflac Incorporated (NYSE:AFL) by 137.4% in the second quarter, bringing its total holdings to 40,904 shares valued at approximately $4.80 million. Despite Aflac exceeding revenue estimates, its EPS slightly missed expectations, and the company announced a quarterly dividend of $0.61. Analyst sentiment for Aflac remains mixed, with a consensus "Hold" rating and an average price target of $116.62.

Markets
MarketBeat • 1d ago
Corient Private Wealth LP Acquires 227,947 Shares of Edwards Lifesciences Corporation $EW

Corient Private Wealth LP significantly increased its stake in Edwards Lifesciences Corporation by over 1,000%, acquiring an additional 227,947 shares. This move is part of a broader trend of institutional investors, including California State Teachers Retirement System and BlackRock Inc., increasing their holdings in the medical research company. The article also details recent analyst ratings, insider trading activity, and positive news regarding CMS expanding TAVR coverage, which is expected

Markets
Investing.com Nigeria • 2d ago
5 big analyst AI moves: JPMorgan upgrades Meta, names KLA top chip equipment stock

JPMorgan has upgraded Meta Platforms to Overweight, raising its price target to $820, citing Meta’s AI agent opportunities and frontier AI models. JPMorgan also initiated coverage of SK Hynix’s ADRs with an Overweight rating due to the projected long-term AI-driven memory upcycle and named KLA Corp. as its top pick in chip equipment, anticipating a mix shift toward foundry and logic spending. Additionally, Bernstein initiated coverage of Shopify at Outperform, highlighting its "AI-enabled entry

Markets
MarketBeat • 2d ago
Engineers Gate Manager LP Acquires 1,117 Shares of AutoZone, Inc. $AZO

Engineers Gate Manager LP significantly increased its stake in AutoZone, Inc. (NYSE:AZO) by 923.1% in the second quarter, acquiring 1,117 additional shares and bringing its total holdings to 1,238 shares valued at approximately $3.96 million. Institutional investors now own 92.74% of AutoZone, and the company has authorized a $1.5 billion share-repurchase program. Despite the stock opening near its 12-month low, analysts maintain a "Moderate Buy" consensus rating with an average price target of

Markets
ACCESS Newswire • 2d ago
Bronstein, Gewirtz & Grossman, LLC Encourages FuelCell Energy, Inc. (FCEL) Stockholders to Inquire about Securities Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of FuelCell Energy, Inc. (FCEL) securities. The firm encourages stockholders to inquire about this securities investigation to potentially assist in a class action lawsuit. Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning there is no upfront cost to investors.

Get Headlines in Your Inbox

One email a day with the market-moving stories you actually need to read.