Here are Friday’s biggest calls on Wall Street.
This defense stock looks attractive after a sell-off, says JPMorgan
The bank thinks Kratos, with an improving balance sheet and high growth, is likely to see a turnaround after its stock got cut in half since January.
Space stocks jump with huge demand as investors clamor for any way ‘to get long SpaceX’
Options volumes are booming in stocks with ties to SpaceX ahead of Friday’s historic debut.
Adobe is getting hit on CFO departure. Three analysts are downgrading the stock
Stifel and Evercore ISI didn’t like some details of Adobe’s earnings report, and are worried more uncertainty is ahead for the company.
Buy AMD shares as graphics chip sales boost earnings, says Citi
The bank thinks Advanced Micro Devices is set to see an improving AI outlook, with both a stronger GPU business and increasing demand for CPUs.
Friday’s big stock stories: What’s likely to move the market in the next trading session
Oil prices fell and the Dow Industrials soared more than 900 points after President Trump said the U.S. will soon sign a deal with Iran.
What energy insiders in DC are saying about oil prices and a possible Iran deal
Brian Sullivan shares his insight from the sidelines of the Global Energy Forum in Washington, DC.
SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
Pimco is warning about a spike in defaults — How it says income investors should position portfolios
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking a valuation of nearly $1.8 trillion in IPO, early bets are poised to generate some of the biggest paper gains in venture capital history.