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[ad_1] JPMorgan is moving to the sidelines when it comes to FedEx . The bank downgraded shares of the transportation and shipping giant to neutral from overweight. It also lowered its price target to $274 per share from $284, pointing to 13% upside from Tuesday’s close. Analyst Brian Ossenbeck noted that, despite trying the turn its business around, the company still faces several significant obstacles. “FedEx continues to pursue a strategic transformation which includes improving capital efficiency, significantly reducing operating costs, and combining the Ground/Express network over time,” he wrote. “We are Neutral on FDX as we believe there is…

[ad_1] Shares of CG Oncology could soar from here, according to Guggenheim. The investment firm initiated coverage of the biopharma stock with a buy rating and $90 price target, which implies shares could surge 137% from their Tuesday close of $38. CG Oncology focuses on developing treatments for bladder cancer. The stock has popped 33% in 2025, outpacing the S & P 500’s 14% during that time. Guggenheim analyst Brad Canino pointed to the company’s solid position within the non-muscle invasive bladder cancer industry. He also applauded CG Oncology’s development of cretostimogene, an oncolytic immunotherapy. “The nascent NMIBC drug market…

[ad_1] This as-told-to essay is based on a conversation with Mandy Liu, who is in her early 30s, from China and based in London. The following has been edited for length and clarity.Before I went to college, I didn’t know what consulting was.I studied economics at the University of Virginia and graduated in 2016. Through the campus hiring process, I got a full-time job at EY in New York City. I worked at EY for two years in total. I was unsure about the direction to take my career, so I thought consulting might open doors without pigeonholing me.Later, from…

[ad_1] Stocks that could win big this earnings season include Roblox and Capital One Financial , according to Morgan Stanley. The third-quarter earnings season ramps up next week, with the nation’s largest banks on the docket to report results. Analysts forecast another stellar quarter of results, with the estimated year-over-year earnings growth rate for the S & P 500 coming in at 8% — the ninth consecutive quarter of earnings growth. Before the start of third-quarter earnings season, Morgan Stanley shared a list of its overweight-rated stocks that are reporting earnings in the next month and are most likely to…

[ad_1] This as-told-to essay is based on a conversation with Julie Jordan-Wade, a former meeting and event planner, based in Dallas. Her identity and job offer have been verified by Business Insider. This story has been edited for length and clarity.I hit two years of being on the job hunt for full-time work this August.I last worked in conference planning for a major trade show company, which is a very specialized niche, but I really enjoyed it. I’ve continued to look at conference planning jobs, but I’ve also looked into communications. I’ve even considered getting certified to teach, since I…

[ad_1] Watch out, Wawa, there’s a new leader of the C-store pack.Midwest fuel stop Kwik Trip leapfrogged the competition to top the annual American Customer Satisfaction Index rankings of US convenience stores.The Wisconsin-based company improved its score by six points from last year to pull ahead of regional favorites like Wawa, Sheetz, QuikTrip (unrelated), and Buc-ee’s.”The brands rising to the top are doing more than just selling coffee and snacks. They’re building communities inside their stores,” said Forrest Morgeson, ASCI’s director of research emeritus and a Michigan State University marketing professor, said in a statement released Tuesday.Following Kwik Trip’s 84…

[ad_1] This as-told-to essay is based on a conversation with Naseem Rochette, a 54-year-old account director at Databricks, based in New Jersey. The following has been edited for length and clarity.My approach to life drastically changed in 2018 when I was hit and run over by a car. By that evening, the multitasking woman who thrived in chaos for so long vanished, and she has never returned.I’ve been in tech for 25 years, and before my current position, I spent most of the last decade in different leadership roles at Google and Microsoft. Since getting run over, I don’t operate…

[ad_1] Ricardo Santos for BI 2025-10-08T09:15:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Business Insider’s Rising Stars of Wall Street hold important yet complex jobs. We asked them to break down what they do in a way anyone could understand. See top responses from Rising Stars at firms like Blackstone, Moelis, and Goldman Sachs. Credit solutions, secondaries,…

[ad_1] Virginia is for data centers. Big ones.Big Tech companies filed permits for 54 new data centers in the state in the first nine months of 2025, according to a Business Insider tally.The number represents the state’s single largest spike in planned data centers in any one year, and a 16% increase from Virginia’s 2024 total.Amazon-built data centers represent the bulk of the new construction, with 28 planned facilities, according to Business Insider’s count. The tech giant had 177 data centers built or in construction nationwide by the end of 2024, according to the analysis. The new planned data centers…

[ad_1] The medical AI scribe space has been red-hot this year, with new unicorns emerging and incumbent giants digging in. Startup Heidi Health just raised fresh funding in a late bid to take them on.The Australian healthcare AI company raised $65 million in a Series B round led by hedge fund manager Steve Cohen’s Point72 Private Investments. The round values Heidi Health at $465 million post-money and brings its total funding to about $97 million to date.The Series B raise comes just seven months after Heidi raised its $16.6 million Series A, led by Headline and including Anthology, Anthropic, and…