
""Following the acquisition, DoorDash now operates in 45 countries with a combined population of over a billion. It serves more than 700,000 local businesses and 50 million monthly active users, with Deliveroo having contributed around seven million," noted CNBC."
"Wolfe Research just upgraded Advanced Micro Devices ( NASDAQ: AMD) to Outperform from Peer Perform with a $300 price target, arguing that the company is now positioned for a "conservative path to $10+ earnings power" by 2027, as noted by Investing.com. Helping, Oracle just said it would deploy 50,000 AMD graphics processors starting in the second half of 2026, signaling greater demand for AMD hardware. Analysts at Mizuho also reiterated an outperform rating on Advanced Micro Devices with a price target of $275 from $205. All after AMD announced a long-term deal to become a key supplier to OpenAI's AI infrastructure program. AMD added that the new partnership will allow it to generate billions of dollars in annual revenue. It will also allow it to generate over $100 billion in total revenue from chips over the next few years."
""Wells Fargo identified the turnaround at Atlantic Records as a key driver behind the improved performance. Atlantic Records has posted its highest market share in three years following the appointment of Elliot Grainge as CEO a year ago. Warner Records has also contribute"
JPMorgan upgraded DoorDash to an outperform/overweight rating after DoorDash acquired Deliveroo, expanding operations to 45 countries and serving over 700,000 local businesses and roughly 50 million monthly active users. Wolfe Research and Mizuho raised ratings and price targets on Advanced Micro Devices, citing positioning toward $10+ earnings power by 2027, large GPU deployments by Oracle, and a long-term supply deal with OpenAI expected to generate billions annually and substantial chip revenue. Wells Fargo upgraded Warner Music to outperform, pointing to Atlantic Records' turnaround and increased market share under new leadership as a key performance driver.
Read at 24/7 Wall St.
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