· Original article
Google Cloud outage: UK services recover after disruption
Google Cloud outage disrupted UK services on October 20, affecting Lloyds and Revolut, with most workloads restored after a six-hour interruption.
FINANCEVELIX / News
Equities & companies · Page 2
Equities & companies
Listed companies, earnings, corporate developments and equity markets. Company and asset tags identify the subjects of a story.
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Equities & companies
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· Original article
Intel shares win Maverick backing after 150% 2026 rally
Intel shares drew backing from Maverick Capital’s David Tykocinski on October 21, after a 150% year-to-date rally despite trailing losses.
· Original article
eBay workforce cuts target 9% as investment priorities shift
eBay workforce cuts announced on October 21, 2026, would reduce staffing by about 9% as the company prioritizes luxury, collectibles and refurbished goods.
· Original article
Tesla SpaceX merger explored by special committee, Musk says
Tesla SpaceX merger talks are at an exploratory stage, Elon Musk said on October 20, with a special committee reviewing a possible combination.
· Original article
Tesla SpaceX merger talks explored, with no agreement reached
Tesla SpaceX merger discussions remain exploratory as independent directors review a possible deal and Musk steps back because of conflicts of interest.
· Original article
Terreno Realty buys vacant Queens warehouse for $13.9M
Terreno Realty acquired a vacant Queens distribution facility for about $13.9 million, with a 6.3% capitalization rate expected once fully leased.
· Original article
Chipotle downgrade: TD Cowen flags weak fourth-quarter start
Chipotle downgrade puts October sales in focus as TD Cowen cuts its target to $32 and lowers earnings estimates despite expecting a modest Q3 beat.
· Original article
Starbucks seating policy requires purchases in China cafes
Starbucks seating policy will require purchases at mainland China cafes from October 22, 2026, as the chain prioritizes seating for paying customers.
· Original article
UDR Apollo partnership plans $2 billion apartment venture
The UDR Apollo partnership would bring $1.34 billion of equity into a $2 billion apartment venture, with closing expected on October 29, 2026.
· Original article
Biogen price target raised to $250 as TD Cowen keeps Buy
Biogen price target rises to $250 from $225 at TD Cowen, which retained its Buy rating on October 21. The new target is 3.6% above the quoted share price.
· Original article
Magna downgrade: CIBC cuts rating and price target to $70
Magna downgrade moves CIBC's rating to Neutral from Outperformer, with a $70 price target. The automaker supplier's next earnings webcast is October 30.
· Original article
Schwab price target cut to $132; Overweight rating retained
Morgan Stanley lowered its Schwab price target from $141 to $132 on October 19, 2026, while keeping an Overweight rating after quarterly results.
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