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Okta Stock Surges 29%—Is $200 the Next Stop?
MarketBeat28d agobullish
Okta Stock Surges 29%—Is $200 the Next Stop?

Okta shares surged after strong Q2 results and raised guidance, with revenue up 10.6% and analysts lifting price targets, some to $200, as AI-driven demand for identity security boosts growth.

Treasury Rally May Extend After Jackson Hole
Barrons.com28d agobullish
Treasury Rally May Extend After Jackson Hole

Treasuries have rallied heading into Kevin Warsh's first Jackson Hole speech as Fed chairman. The bond market typically sells off in the lead-up to the Fed's annual economic policy symposium in Jackson Hole, Wyoming. From 2011 to 2025, 10-year Treasury yields rose 5 basis points or 0.05 percentage points, on average, in the week prior to Jackson Hole, according to Vail Hartman, U.S. rates strategist at BMO.

Solstice Stock Jumps After Calling Off a Major Acquisition
Barrons.com28d agobullish
Solstice Stock Jumps After Calling Off a Major Acquisition

Shares of Solstice Advanced Materials soared early Friday after the company called off a dramatic acquisition that would have turned the company into even more of an AI play. In early July, Solstice announced a cash and stock deal to buy Element Solutions Element makes products used in semiconductor manufacturing. Together, the companies would supply three legs of the AI value chain: The chips, the data centers, and the power that makes everything work.

Gap Cuts Sales Outlook on Old Navy Weakness
The Wall Street Journal28d agobullish
Gap Cuts Sales Outlook on Old Navy Weakness

The apparel company is shaking up leadership at Old Navy, bringing in Michael Francis, a retail veteran with experience at Walmart and Target, as chief executive of the brand to try to boost sales.