UBS analysts significantly raised their price target for Micron Technology arguing that AI adoption will fundamentally reshape the global memory chip industry’s economics.
Author: news.ayen.in
US Consumer Confidence Index Falls to 93.1 in May on Inflationary War Pressures
The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
Two-Thirds of US Consumers Cutting Spending Due to Rising Prices: Survey
A Conference Board survey found that approximately two-thirds of American consumers have reduced overall spending in May 2026 in response to persistent price increases.
Booz Allen Hamilton Beats Q4 Earnings Estimate Posting $1.78 Per Share Adjusted EPS
Booz Allen Hamilton reported fourth-quarter adjusted earnings of $1.78 per share surpassing the Zacks consensus estimate of $1.32 sending its stock up 3.1%.
Wells Fargo Sets $450 Price Target for FedEx Forecasting 14.2% Upside Over a Year
Wells Fargo analysts published a new price target of $450 for FedEx Corporation implying around 14% upside for investors over the coming 12 months.
UK Supply Chains Underprepared for Major Shocks Warns National Preparedness Commission
The National Preparedness Commission cautioned that Britain’s supply chains are significantly more vulnerable to major disruptions than those of other leading European nations.
Scotland’s Small Businesses Face Growth Barriers as 83 Percent Cite External Risks
A Novuna Business Finance survey revealed that 83% of Scottish small and medium enterprises face significant external barriers to growth with macro-economic uncertainty topping the list.
India’s Eight Core Sector Industries Post Modest 1.7% Growth in April 2026
Government data showed that India’s eight core infrastructure sectors including steel coal and cement collectively grew by just 1.7% in April 2026.
RBI Cancels Licence of Yashwant Co-operative Bank in Phaltan Maharashtra
The Reserve Bank of India revoked the operating licence of Yashwant Co-operative Bank based in Phaltan Maharashtra citing concerns about its financial viability.
Delhi Road Dust Identified as Major Source of PM10 and PM2.5 Air Pollution
A new environmental study flagged road dust in Delhi as a principal contributor to fine particulate matter pollution posing serious public health risks to residents.