In a tumultuous morning for the stock market, shares of CoreWeave experienced a notable decline of over 10% despite the company reporting better-than-expected third-quarter revenue. Investors are reacting negatively to the AI infrastructure provider’s disappointing full-year guidance, stemming from reliance on a subcontractor and the failure of a significant deal with Core Scientific. This downturn has reverberated through the broader market, particularly affecting Big Tech stocks, as the Nasdaq was poised to open lower.
On a more optimistic note, UBS upgraded Club holding Linde from a hold to a buy rating, citing anticipated earnings growth in 2026 as a key positive driver for the stock, which saw a gain of more than 1%. Conversely, Bank of America reduced its price target for Monday.com from $205 to $195, attributing the downward adjustment to a modest third-quarter performance and a more cautious outlook for the fourth quarter, leading the enterprise software company’s stock to decline by 1%.
In the food sector, analysts at Bernstein raised their price target for Tyson Foods significantly from $52 to $60, emphasizing the company’s stable chicken margins despite the pressures of high beef costs. This move comes amid inflation challenges faced by other Club name Texas Roadhouse, which has similarly struggled with beef price hikes.
Citi raised its price target for Expedia from $206 to $281 following a substantial 17.5% increase in stock value after reporting impressive earnings last Friday. Analysts maintained a hold rating on the company, describing the current stock levels as balanced in terms of risk and reward. This positive momentum has extended into today’s market as Expedia marks its fifth consecutive session of gains.
Barclays has also raised its price target for Cummins from $430 to $515 while maintaining a hold rating, citing insights from management about the on-highway market suggesting a potential shift away from peak negativity.
BMO Capital’s analysts expressed strong confidence in Instacart by upgrading the grocery delivery stock from hold to buy, while keeping a price target of $58. Instacart’s recent quarterly results surpassed expectations and indicated conservative guidance for the current quarter, resulting in a positive reaction in its stock.
Meanwhile, Rocket Lab shares surged nearly 9% after the space company reported narrower-than-expected losses and exceeded revenue estimates, with positive guidance contributing to the stock’s momentum. Analysts from Stifel and Roth Capital responded by increasing their price targets to $75.
Lastly, Benchmark analysts raised their price target for Paramount Skydance from $16 to $19, highlighting that the recent quarterly performance demonstrates leverage in the model. The news comes alongside Paramount’s announcement of expected $1 billion in merger savings, propelling the stock up by more than 4.5%.
Market fluctuations reflect a combination of earnings reports, analyst upgrades, and broader economic conditions impacting investor sentiment as firms navigate an uncertain landscape. As developments unfold, traders are encouraged to stay informed on potential market movements.
