Here are Wednesday’s biggest calls on Wall Street: JPMorgan upgrades Openlane to overweight from neutral JPMorgan said online used car marketplace is “firing on all cylinders.” “We move to OW from N and raise our Dec 2026 PT to $38. OPLN continues to demonstrate remarkable execution in a mixed macro, and our recent meetings with … Read more
SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed. … Read more
Michael Burry initiated a new position in Microsoft , adding to beaten-down software names even as he ramps up downside protection in the broader market. In a Substack post published late Thursday, the investor of “Big Short” fame said he also increased holdings in MSCI , PayPal and Adobe , positions he only recently began … Read more
Famed investor Michael Burry is wading back into beaten-down software stocks, betting the recent sell-off was driven more by technical factors than deteriorating business fundamentals. The “Big Short” investor said in a Wednesday Substack post that a “reflexive positive feedback loop” between falling equity prices and stress in bank debt tied to software companies helped … Read more
Anthropic’s Tuesday event positioned its products as additive — rather than threatening — to existing software providers. Wall Street sees that helping some stocks in the space. The buzzy artificial intelligence startup announced updates to its Claude Cowork tool aimed at improving office workers’ productivity. Companies can now connect Cowork to platforms such as Google … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 20, 2026 in New York City. Michael M. Santiago | Getty Images Markets have taken U.S. President Donald Trump’s latest tariff salvos largely in their stride, with investors assessing whether the moves will have a lasting impact on trade … Read more