We’re updating our rating and price target on a stock soaring after a spin-off

More in Financial News

• 

  Bezos speaks to CNBC exclusively as his AI startup Prometheus raises $12 billion: Live updates

  Prometheus is Jeff Bezos’ AI startup that launched in November with $6.2 billion in...

• 

  Trump might ‘love the inflation,’ but consumers are feeling the pain, experts say

  For consumers, the Middle East conflict’s impact on the cost of everyday goods has...

• 

  What will happen to gold prices if inflation stays elevated through 2026? Here’s what experts say.

  The price of gold broke numerous records multiple times in 2025, but since the...

• 

  SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next

  As far as Wall Street is concerned, the stock market has what it takes...