Analyst news

• SpaceX Stock Has Gone Nowhere Since Its First Day of Trading

  19-09-2026 23:03 via rocketnews.com
  
  SpaceX stock has remained largely flat since its debut as a public company on June 12, closing at $160.95 on its first trading day and finishing Friday at $152.71, a decline of roughly 5%. The performance masks significant volatility during the interim period, with shares reaching a high of $211.39 in their third session before declining to near $108 in early August and subsequently recovering through September.
  Three primary factors appear to be constraining stock appreciation despite strong o
  
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• Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit

  19-09-2026 23:03 via rocketnews.com
  
  Interactive Brokers Group disclosed quarterly results for the period ended June 30, posting diluted earnings per share of $0.69, an increase from $0.51 in the comparable prior-year quarter. Net revenues climbed to $1.90 billion from $1.48 billion, while the company’s pretax profit margin expanded to 77% compared with 75% a year earlier.
  Customer metrics showed broad expansion across the platform. Customer accounts grew 34% to 5.19 million, while customer equity increased 40% to $930.3 bil
  
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• Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear

  19-09-2026 23:03 via rocketnews.com
  
  Infosys announced on August 18 that it had won a long-term engagement to manage enterprise software operations for Knorr-Bremse AG, a manufacturer of braking systems for rail and commercial vehicles. The contract encompasses ERP systems, data platforms, engineering tools, and product lifecycle management, with work built on Infosys Topaz, the company’s artificial intelligence platform.
  Results released on July 23 for the quarter ended June 30 revealed that AI contributed 8.2% of total rev
  
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• Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate

  19-09-2026 23:03 via rocketnews.com
  
  Ferguson Enterprises Inc. released results for the quarter ended June 30, showing revenue growth of 4.6% to $8.8 billion alongside an upward revision to full-year guidance. However, profit expansion failed to keep pace with sales gains, raising questions about operational efficiency and margin sustainability moving forward.
  The company’s non-residential segment emerged as the primary growth driver, with US revenue climbing 8% as the distributor captured market share in a mixed competitive
  
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• Equinix Sees AI Driving Data Center Demand, Interconnection Growth

  19-09-2026 23:03 via rocketnews.com
  
  Equinix executives outlined how artificial intelligence is reshaping the company’s business during a Barclays conference discussion. Arquelle Shaw, President of the Americas, described a significant shift in enterprise customer behavior, noting that companies which were previously cautious about AI adoption have moved toward developing and implementing comprehensive AI strategies. This transition has increased demand for data center capacity, with deployments expanding from smaller arrang
  
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• CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying

  19-09-2026 23:03 via rocketnews.com
  
  CoreWeave announced on September 17 that it has secured new customer agreements at elevated pricing levels since June 30. The company’s third-quarter contracts, which typically run between three and six months, are generating approximately $40 million in annualized revenue per megawatt of capacity. This pricing structure demonstrates significant customer demand for the company’s AI infrastructure services.
  The strength in customer demand is reflected in CoreWeave’s expanding b
  
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• Is India’s secondaries market hitting an inflection point?

  19-09-2026 13:03 via rocketnews.com
  
  India’s secondaries investment market is entering a period of significant growth after years of being considered an immature asset class. Several established Asian mid-market investment firms, including TR Capital, Neo Asset Management, and Kenro Capital, have recently expanded their secondaries operations into India or launched dedicated secondary investment vehicles focused on the country.
  Multiple factors are supporting this expansion. The Indian IPO market has strengthened considerabl
  
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• SEI’s Record Revenue, Earnings Fuel Future Growth, Rising Shares

  19-09-2026 13:02 via rocketnews.com
  
  SEI Corporation, a provider of investment processing and management platforms for financial institutions and investors, released second-quarter fiscal 2026 results that exceeded prior performance metrics across multiple measures. The company generated revenue of $641.6 million, representing a 14.7% increase from the comparable year-earlier period. Adjusted per-share earnings reached $1.66, marking a 38% year-over-year gain, while operating income climbed to $207 million, up 36% from the prior-y
  
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• Manufacturing output down in August; investments by Reckitt, Hitachi

  19-09-2026 13:02 via rocketnews.com
  
  U.S. industrial production remained flat month over month in August, with manufacturing output contracting 0.3% following a seven-month growth streak, according to the Federal Reserve. Durable goods manufacturing saw a 0.5% decline, while nondurable manufacturing remained unchanged. Capacity utilization held steady at 76.3%, sitting 3.1 percentage points below its historical average from 1972–2025.
  Metalworking machinery orders topped $500 million in July for the fifth consecutive month,
  
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• China’s Fuel Exports Surge as Global Diesel Shortage Deepens

  19-09-2026 13:02 via rocketnews.com
  
  China’s refined fuel exports reached 6.01 million tons in August, representing a 12.7% increase from the same month the prior year, according to customs data. The August shipments exceeded pre-war levels, with jet fuel exports hitting record highs. However, the cumulative total for the first eight months of the year declined 9.6% compared to the equivalent period in 2025, reflecting the impact of export restrictions imposed earlier.
  The Chinese government implemented an almost complete ba
  
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• AMD Up 155% YTD on Record Revenue, AI Demand

  19-09-2026 13:02 via rocketnews.com
  
  AMD released financial results for its second quarter of fiscal 2026 demonstrating substantial growth across multiple metrics. The chipmaker reported record revenue of $11.5 billion, representing a 50% increase compared to the same period the previous year. Data center revenue, a key segment benefiting from artificial intelligence infrastructure demand, more than doubled to $6.7 billion. Earnings per share reached $1.66, reflecting an 82% year-over-year increase. Management provided forward gui
  
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