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Lekha Gupta
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Articles by Lekha Gupta
Billionaire Investor Took a New Stake in Flex Ahead of Its Planned Cloud Spinoff
Dan Loeb’s Third Point acquired 1 million Flex shares worth about $166 million in the second quarter, as of June 30.
Wells Fargo Returns To Improve Through 2028 Amid Buyback Upside Potential: Analyst
Morgan Stanley expects Wells Fargo to achieve 18% ROTCE in 2028, supported by stronger fees, Consumer returns and capital deployment.
Ondas Bags $56 Million Precision Weapons Order
Ondas stock jumps over 3% as ONDS lands a $5.6M defense order for safe-and-arm systems in Europe. Citizens initiates with $14 target.
ON Semiconductor’s Recovery Is Taking Shape — But Stifel Isn’t Sold Yet
Stifel raises ON Semiconductor’s price target to $80 from $75 while maintaining Hold, citing completed inventory correction but uncertain demand recovery.
TeraWulf Says Customer Interest Is ‘Tremendous’ As Kentucky Campus Power Doubles
TeraWulf (WULF) stock dropped 5% despite “tremendous” interest in its Muskie campus doubling capacity to 1 GW. Get the full breakdown.
Redwire Secures Axiom Space Contract For Two ROSA Solar Wings
Redwire secures an Axiom Space contract for two ROSA wings supporting the second module of Axiom Station and commercial space infrastructure.
Mastercard To Resell Rezolve AI Software Worldwide
Rezolve AI partners with Mastercard to globally resell its agentic AI commerce software, driving digital sales innovation.
Why Is Vale Stock Trading Higher On Monday?
Vale shares rise around 7% premarket as investors assess Brazil’s presidential election and reported market preference for Flavio Bolsonaro.
This Logistics Stock Is Soaring More Than 20% — Here’s the $5.8 Billion Reason
RXO stock surges 23% as C.H. Robinson buys the firm for $5.8B ($30.25/share). Deal creates a $25B freight giant.
What's Going On With WISeSat.Space Stock Today?
WISeSat.Space shares surge more than 530% premarket after completing its business combination with Columbus Acquisition Corp. and beginning Nasdaq trading.
Why Is Vistra Stock Soaring Monday?
Vistra (VST) gains 6% premarket on reports of a $4B federal loan to upgrade three nuclear power plants. Get the details.
Consumer Tech (Sep 28-Oct 2): Anthropic Preparing for IPO, Trump Weighs AI Stakes & More
Trump reportedly weighs government equity stakes in AI labs as Nvidia, Amazon, Meta and other technology companies expand artificial intelligence infrastructure.
How Does Corteva, Vylor Stand After Spin-off?
Corteva expects net sales to reach $8.4 billion-$8.7 billion by 2029, while Vylor targets $11.2 billion-$11.9 billion in revenue.
Eaton Analyst Sees Strong Orders, Raises 2027 EPS Forecast
Eaton analyst raises the 2027 EPS estimate to $15.90 from $14.92, citing stronger Electrical growth, improved margins and lower corporate expenses.
Ford Sales Slide 6.6% After Model Phase-Outs
Ford Q3 U.S. vehicle sales fell 6.6% to 509,764 units due to Escape & Corsair phase-outs. F-Series lead and hybrid sales set records.
Nike Is Still Searching for Its Turnaround As Wall Street Sees Another Tough Year
Nike stock drops to a 52-week low after Q1 revenue missed estimates and the company issued a weak fiscal 2027 sales outlook.
Tesla Stock Gains As European Demand Boosts Q3 Deliveries
Tesla shares rise nearly 5% after third-quarter deliveries reached 486,532 vehicles, exceeding estimates despite lower production than analyst expectations.
Stellantis Shares Slide As Q3 Sales Remain Flat Year Over Year
Stellantis reported third-quarter sales of 324,277 vehicles, roughly flat year over year, while year-to-date sales increased 3% through September.
ON Semiconductor Shares Jump After Revised Synaptics Merger Deal
ON Semiconductor shares rise more than 6% after revising its Synaptics acquisition to $123 per share, valuing the transaction at approximately $5.7 billion.
Exxon, Chevron Head Into Earnings With Venezuela, LNG and Higher Oil Prices in Focus
ExxonMobil and Chevron face Q3 earnings with key focus on refining margins, global expansion, and geopolitical oil disruptions.
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