Orion Energy Systems stock plunges after $7 million share offering

Investing.com -- Starbucks’ 2026 investor day drew positive reactions from analysts, with Bernstein and Morgan Stanley saying the company outlined a clear strategy, achievable financial targets and early signs of operational progress.

Bernstein said the long-term algorithm was “largely beatable,” citing the company’s fiscal 2028 earnings per share range of $3.35 to $4. 

Analyst Danilo Gargiulo wrote that reaching the high end “would require Starbucks to consistently reach 3% comp and realizing all the $2B gross savings,” conditions the firm sees as “easily” attainable through store reinvention, innovation and digital initiatives. 

Bernstein said below-inflation pricing and minimal mix benefits in the guidance strengthen the case that Starbucks “could surpass its goals,” adding that food attachment and the expansion of the protein platform alone could lift checks by 6 percent to 9 percent over the next few years.

Morgan Stanley said the event “offered something for both camps,” with financial targets that “generally brackets our own estimates.” 

Analyst Brian Harbour highlighted the company’s ambition to re-establish itself as consumers’ “third place,” supported by rewards revamps, new platforms and renewed investment in stores. 

While cost-saving specifics remain limited, Morgan Stanley pointed to “almost 100 projects” tied to the $2 billion gross savings plan, though it noted that the “cost picture still needs to be filled in.”

Bernstein reiterated an Outperform rating on SBUX, while Morgan Stanley maintained its Overweight view.

Investing.com -- Instacart (NASDAQ:CART) stock rose 1.5% in premarket trading Friday after the company announced an expansion of its partnership with Costco Wholesale into Europe, marking Instacart’s first entry into the French and Spanish markets.

The grocery delivery platform is now powering Costco’s first-ever same-day delivery websites in France and Spain through its Storefront Pro commerce platform and fulfillment solutions. Costco members in these countries can place orders directly through dedicated websites - sameday.costco.fr and sameday.costco.es - with delivery available from all Costco locations in both countries.

The European expansion builds on Instacart’s existing relationship with Costco in North America, where it already supports delivery from Costco locations across the U.S. and Canada and powers Costco’s Same-Day websites through its Storefront Pro technology.

"For Costco, this unlocks a new level of access and convenience for members, and for Instacart, this marks a new chapter as we bring our over 13 years of grocery industry expertise to more global markets," said Chris Rogers, Chief Executive Officer and Chair of Instacart.

The service will initially be available in metropolitan areas including Paris and Mulhouse in France, as well as Bilbao, Madrid, Seville, and Zaragoza in Spain. Instacart is partnering with European companies in each country to handle the picking, packing, and delivery of orders.

This European expansion follows Instacart’s broader international growth strategy, which includes Caper Carts in Australia and planned launches in the UK.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Wolfe Research raised its price target on Nvidia to $275 from $250 saying rack-scale systems, higher average selling prices and sustained margins will drive earnings well beyond current expectations.

Nvidia recognizes revenue when it sells completed boards to cloud service providers, after manufacturing and packaging at TSM and board assembly at Foxconn.

Those boards account for about 75% of the final rack price, according to Wolfe’s supply chain checks.

Reported prices are about $3 million for GB200 NVL72 racks and $4.3 million for GB300 NVL72, with next-generation Rubin racks seen at $5 million to $6 million.

Wolfe estimates Blackwell rack shipments reached about 1000 units per week by the end of calendar 2025 and will hold that pace through 2026, implying 50000 to 60000 racks for the year.

It expects Rubin to ramp in the second half of 2026 without delays, helped by design changes that simplify assembly, and models a similar 1000-per-week run rate.

Wolfe forecasts about 55000 Blackwell racks and 20000 Rubin racks in 2026, rising to 55000 Rubin racks and 15000 Rubin Ultra racks in 2027. It expects Nvidia to continue shifting its mix toward rack-scale systems, with slower growth in HGX and other standalone platforms.

Those volumes translate into about 7.2 million data center GPU units in 2026, up 35% year on year, and 9 million units in 2027, up 25%. Wolfe models data center revenue exceeding $450 billion in 2027, driven by unit growth and roughly 20% higher ASPs as Nvidia moves from Blackwell to Rubin.

For Rubin Ultra, Wolfe assumes rack pricing of about $10 million, reflecting a doubling of GPUs per rack. It said this is conservative, noting that higher pricing could add $10 billion to $12 billion in revenue for every additional $1 million per rack above its estimates.

Wolfe expects Nvidia to sustain pricing power and gross margins around 75%, citing continued generation-on-generation performance gains and limited competitive pressure at the high end.

It sees 2027 estimates of $457 billion in data center revenue and $11.50 in EPS, with a bull case of $500 billion and $12. The new target values the stock at about 23 times bull-case earnings.

Investing.com -- Jiuzi Holdings Inc (NASDAQ:JZXN) stock fell 11.8% in premarket trading Friday after the company announced it has secured a $30 million investment from Xinhui Solar Technology Group Co., Ltd.

The investment will support a partnership focused on developing electric vehicle charging infrastructure and new energy vehicle service networks across Southeast Asia. The companies plan to establish charging networks covering major cities and key transportation corridors in the region through a phased investment approach.

Under the agreement, Xinhui Solar will provide both equity investment and participate in co-development initiatives with Jiuzi. The partnership aims to leverage Xinhui’s local resources, channels, and operating experience in Southeast Asia to accelerate Jiuzi’s overseas expansion.

Jiuzi Holdings expects to achieve synergies across "capital + technology + channels" through this collaboration, which could strengthen its brand influence in Southeast Asia’s new energy mobility sector.

Xinhui Solar expressed optimism about Southeast Asia’s growth potential in electric vehicle adoption and charging infrastructure development, citing Jiuzi’s capabilities in charging technology, network operations, and service systems as key factors in the partnership.

The companies plan to progressively build out charging and service networks to enhance regional service capacity and operational efficiency in response to the growing EV penetration and charging demand across Southeast Asia.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Nuwellis Inc (NASDAQ:NUWE) stock dropped 17% in premarket trading Friday after the medical technology company announced the appointment of a new Chief Financial Officer.

The cardiorenal care-focused company named Carisa Schultz as its new CFO, effective February 2, 2026. Schultz most recently served as Vice President of Finance at NeueHealth (formerly Bright Health Group), a healthcare company previously listed on the New York Stock Exchange.

Nuwellis CEO John Erb highlighted Schultz’s public company experience and healthcare background in the announcement. "Her expertise and disciplined approach will be instrumental as we continue to execute our strategy and advance our cardiorenal platform," Erb stated.

Schultz brings experience from various financial leadership roles, including positions at Boston Scientific, along with Big Four public accounting experience. At NeueHealth, she led enterprise finance, treasury, and corporate development activities.

"I’m excited to join Nuwellis at an important juncture in its growth," Schultz said. "The company’s focus on precision cardiorenal care represents a meaningful opportunity, and I look forward to working with the leadership team to support long-term value creation."

Nuwellis develops precision fluid management technologies for patients with fluid overload.

The company also announced Thursday evening that it would be acquiring Rendiatech Ltd., an Israeli medtech company focused on automated kidney function monitoring.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.