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Onex Partners to Acquire Integrated Specialty Coverages
Globenewswire· 2025-09-19 02:12
All amounts in U.S. dollars unless otherwise stated TORONTO, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced that the Onex Partners Opportunities Fund has agreed to acquire Integrated Specialty Coverages (“ISC” or the “Company”), a tech-enabled insurance platform dedicated to designing, underwriting, and distributing insurance solutions, from KKR. The investment by Onex Partners is being made alongside the Public Sector Pension Investment Board (“PSP Investments”), A ...
Truist Financial Sets High Price Target for Meta Platforms (NASDAQ:META)
Financial Modeling Prep· 2025-09-19 02:11
On September 18, 2025, Truist Financial set a price target of $880 for Meta Platforms (NASDAQ:META). At the time, META's stock was priced at $772.66, suggesting a potential increase of about 13.89% to reach the target. Truist Financial is optimistic about Meta's long-term growth, as highlighted by TheFly. This optimism is partly driven by Meta's innovative product launches. Currently, META's stock price on NASDAQ is around $786.21, reflecting an increase of about 1.35% or $10.50. The stock has fluctuated be ...
Will Oracle's Expanding Cloud Partnerships Fuel Long-Term Upside?
ZACKS· 2025-09-19 02:11
Key Takeaways Oracle secured multibillion-dollar AI cloud contracts from OpenAI, Meta, NVIDIA and AMD.33% of Oracle's RPO will convert to revenues within 12 months, offering near-term upside.Oracle plans $35B CapEx in FY26 to build 37 multi-cloud data centers.Oracle’s (ORCL) expanding cloud partnerships are shaping up to be a powerful catalyst for long-term upside. With signed multibillion-dollar contracts already driving cloud consumption and more deals in the pipeline, the company is positioning itself as ...
OKTA vs. Cisco Systems: Which Cybersecurity Stock Has an Edge?
ZACKS· 2025-09-19 02:11
Key Takeaways Okta drives growth with new identity solutions and a broad partner ecosystem. Cisco boosts security with Splunk synergies, XDR, Hypershield and AI Defense. CSCO's $2B AI infrastructure orders and NVIDIA partnership strengthen long-term growth. Okta (OKTA) and Cisco Systems (CSCO) are well-known players in the cybersecurity domain. While OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data, Cisco is growing its presence based o ...
Cars.com Names Top EV Picks as Nearly 50% of Shoppers Accelerate Purchases Ahead of Federal EV Tax Credit Expiration Sept. 30
Prnewswire· 2025-09-19 02:11
Accessibility StatementSkip Navigation CHICAGO, Sept. 18, 2025 /PRNewswire/ -- Car-shopping marketplace Cars.comâ"¢ (NYSE: CARS) today released its latest findings on the state of the electric vehicle market as the federal EV tax credit sunsets Sept. 30, 2025. With savings of up to $7,500 for new EVs and $4,000 for used models set to expire, consumers are acting quickly to secure electrified vehicles before the deadline. Cars.com's Top EV Picks With 77 EV models now available, Cars.com's editors identified ...
Summers Says This Is an 'Unprecedented Time' for the Fed
Youtube· 2025-09-19 02:10
Chair problem more than once talked about how unusual the situation is because there are really conflicting risks here, both in inflation risk and unemployment risk at the same time. How unusual is that if you go back through history. Is that a really strange situation to face.Well, it's completely unprecedented for a member of the administration on leave to be a governor of the Fed. That's completely unprecedented. It's completely unprecedented for the president on a basis that many people regard as pretex ...
Nvidia-Intel deal latest, Mohamed El-Erian weighs in on challenges facing the Federal Reserve
Youtube· 2025-09-19 02:10
[Music] Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, full coverage on the Fed as the central bank kicks off its rate cutting cycle. Plus, Nvidia and Intel striking a deal.We'll break down what it means for both chip companies. And we get a read on the state of the consumer as Olive Garden parent reports earnings. We'll break down those numbers.Plus, let's get a check of the markets right now. ...
Mortgage rates up after Fed rate cut
Youtube· 2025-09-19 02:08
Mortgage rates, meantime, on the move after yesterday's rate cut. Let's get straight to Diana Ol for the latest. Diana.>> Well, Melissa, as we discussed on Tuesday before the Fed cut, mortgage rates could go up and they did. They went up 15 basis points this morning, adding to nine basis points that they rose yesterday, making 24 basis points specifically since the Fed cut its rate. And that all according to Mortgage News Daily.Now, that's because, you know, as many experts weighed in, they expected that pe ...
Equities should do very well after Fed rate cut if no recession occurs, says Wells Fargo's Cronk
Youtube· 2025-09-19 02:08
Strategists, meanwhile, uh rejiggering their year-end S&P targets amid those new record highs and the Fed easing cycle. Uh that is now begun. Uh our next guest is no exception, raising his year-end target to between 66 and 6,800.Also saying though he expects volatility to increase some. Joining us now is Daryl Kron, chief investment officer uh for wealth and investment management at Wells Fargo. Daryl, uh good to see you.Um, obviously the market it kind of got what it both expected and was hoping for, right ...
Navigating the Currents: Markets Rally on Tech Surge and Fed’s Measured Approach
Stock Market News· 2025-09-19 02:07
U.S. equities are experiencing a robust rally this Thursday afternoon, September 18, 2025, with major indexes hitting new record highs, largely propelled by a surge in technology stocks. This positive momentum follows a mixed close on Wednesday, which was influenced by the Federal Reserve's widely anticipated interest rate cut. Investors are now digesting the Fed's forward guidance and significant corporate developments, particularly in the artificial intelligence (AI) sector.Market Indexes and Afternoon Tr ...