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TezNewz delivers AI-scored financial news with impact ratings from -100 to +100. Latest stories cover Unknown sectors. Top impact story: "Home Depot Provides FY26 Outlook, Market Recovery Case" with +75 impact score.
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Home Depot Inc (NYSE: HD) reiterated its 2025 sales growth guidance of approximately 3.0%, slightly below the consensus of 3.2%, and expects adjusted earnings to decline by about 5.0%. For FY26, the company anticipates home improvement market growth between -1.0% and +1.0%, with sales growth projected at 2.5%-4.5% and comparable sales growth of flat-2.0%. Additionally, Home Depot presented a market recovery case indicating potential sales growth of 5.0%-6.0% if housing activity increases. At the time of publication, shares rose by 0.15% to $350.43.
Barclays analyst Etzer Darout has maintained an Overweight rating on Terns Pharma (NASDAQ: TERN) and raised the price target from $36 to $56. This adjustment reflects a positive outlook on the company's performance.
Baird analyst Brian Skorney has maintained an Outperform rating on Mirum Pharmaceuticals (NASDAQ: MIRM) and raised the price target from $80 to $88. This adjustment reflects a positive outlook for the company's performance in the market.
Microsoft Corp is investing $19 billion CAD in Canada from 2023 to 2027, marking its largest investment in the country. This initiative includes over $7.5 billion CAD in the next two years to enhance digital sovereignty and AI skills, alongside expanding Azure data centers. The company is also building a 'super factory' data center in Atlanta and doubling its global data center footprint within two years, while its stock has gained over 16% year-to-date.
G-III Apparel Group Ltd. reported third-quarter adjusted earnings per share of $1.90, surpassing the analyst consensus of $1.61, despite a 9% decline in sales to $988.649 million. The company raised its fiscal 2026 adjusted earnings per share guidance from $2.55-$2.75 to $2.80-$2.90, while lowering sales guidance from $3.020 billion to $2.980 billion. G-III also announced a new quarterly dividend of 10 cents per share, to be paid on December 29, 2025. The stock rose 5.51% to $31.30 following the announcement.
Galaxy Digital Inc. (NASDAQ: GLXY) shares surged 10.46% to $28.82 following a positive analyst note from Citizens Bank, which initiated coverage with an outperform rating and a target price of $60. The firm highlighted Galaxy's strong performance in its Global Markets segment, achieving a gross profit of $318 million in Q3, and noted the company's assets under management reached approximately $9 billion. Additionally, Galaxy is expanding its Helios data center in Texas with $1.4 billion in financing, positioning itself to capitalize on significant market trends in digital assets and AI infrastructure.
Barclays analyst Etzer Darout has maintained an Overweight rating on Kymera Therapeutics (NASDAQ: KYMR) and increased the price target from $70 to $119. This adjustment reflects a positive outlook on the company's performance.
