News

Wells Fargo: Raised its price target on Microsoft (MSFT.O) to $650 from $625. Raised Intel's (INTC.O) price target to $110 from $85. Raised its price target on Western Digital (WDC.O) to $575 from $500.

Needham: Initiated coverage of U.S. Rare Earths (USAR.O) with a "buy" rating and a target price of $39.

Barclays raised its price target on Intel (INTC.O) to $100 from $65.

Barclays starts coverage of IBM (IBM.N) with an Overweight rating; PT $350.

Barclays: Initiated coverage of IBM (IBM.N) with an "overweight" rating and a target price of $350.

Melius Research raised its PT on IBM (IBM.N) to $390.

Melius Research: Increased price target on IBM (IBM.N) to $390.

Indian trade official: As the UK implements steel safeguard measures, India may consider scaling back the tariff concessions it has previously provided to the UK, including products such as Scotch whiskey.

Indian Trade Official: The British Trade Secretary will visit India on Tuesday to discuss the trade agreement.

Indian trade official: British steel safeguard tariffs and carbon border adjustment mechanism will be discussed.

Citigroup raised its target price on General Motors (GM.N) to $131 from $108.

Citigroup raised its price target on Ford Motor Co (F.N) to $19 from $13.

Indian trade official: India will seek immunity from Section 301 investigations in meetings with the United States.

Indian trade sources: US Trade Representative Greer may visit India after the outlines of the agreement are finalized.

Indian trade sources: It is expected to finalize the tariff rate with the United States on the premise of obtaining relief from the trade measures adopted by the United States under Section 301.

Government official: Indian fuel retailers lose Rs 30 per liter selling aviation fuel on domestic flights.

Indian government official: Indian fuel retailers are currently losing money on the sale of domestic LPG, with a loss of Rs 650 per 14.2 kg cylinder.

SoftBank Group has reduced its stake in U.S. warehouse automation technology company Symbotic to 31.3%, from 37.7% previously.

Market news: Anthropic will provide access to the Mythos model to the EU Cybersecurity Agency.

Lucid Group (LCID.O) appointed Silvio Napoli as chief executive officer, effective immediately, according to U.S. Securities and Exchange Commission filings.