QUICK MARKET SUMMARY: CONSUMER: 🔸 Calavo Growers ( $CVGW): $25M buyback. 🔸 Tesla ( $TSLA): Upgraded to Overweight at Cantor, PT $425. 🔸 Waldencast ( $WALD): Q4 EBITDA missed slightly; FY guidance below estimates. ENERGY/INDUSTRIALS/MATERIALS: 🔸 Kratos ( $KTOS): Building $50M hypersonic facility in Indiana. 🔸 Mosaic ( $MOS): Upgraded to Overweight at Barclays, PT $33. FINANCIALS: 🔸 Goldman Sachs ( $GS), Carlyle (CG), Jefferies (JEF): Downgraded at Oppenheimer. 🔸 Morgan Stanley ( $MS): Plans 2,000 job cuts. 🔸 StoneCo ( $STNE): Strong Q4 EPS and revenue beat; upbeat 2025 profit outlook. HEALTHCARE: 🔸 Absci ( $ABSI): Missed Q4; cash runway into 1H’27. 🔸 Gilead ( $GILD): Shares drop as CDC HIV division review raises concerns. 🔸 HealthEquity ( $HQY): Slight Q4 miss; FY guidance in line. 🔸 Inovio ( $INO): Missed Q4; cash runway into Q1’26. 🔸 OmniAb ( $OABI): Revenue beat; stronger FY outlook. 🔸 Pfizer ( $PFE): Raised $3.3B from Haleon stake sale. 🔸 Purdue Pharma: Filed new bankruptcy plan for opioid settlement. 🔸 Trevi ( $TRVI): Positive trial data; strong cash position. TECH/MEDIA/TELECOM: 🔸 Asana ( $ASAN): Filed mixed securities shelf. 🔸 Foxconn: Expects server revenue to surpass iPhones in 2 years. 🔸 FuboTV ( $FUBO): Partnered with Texas Rangers for streaming broadcasts. 🔸 HPE & NVIDIA ( $NVDA): Launched new AI solutions. 🔸 Oracle ( $ORCL) & NVIDIA (NVDA): Announced major AI integration. 🔸 Synopsys ( $SNPS) & NVIDIA: Teaming up to speed chip design. 🔸 Teradyne Robotics ( $TER): Showcasing AI robotics at NVIDIA GTC 2025.

#Downgrades - Sep 05, 2024 $AZUL: HSBC Downgrades to Hold from Buy - PT $2.70 (from $9.90) $CE: Piper Sandler Downgrades to Neutral from Overweight - PT $150 (from $180) $DLTR: BMO Capital Downgrades to Market Perform from Outperform - PT $68 (from $130) $DLTR: Loop Capital Downgrades to Hold from Buy - PT $65 $EVTC: Susquehanna Downgrades to Negative from Neutral - PT $28 (from $38) $INTC: Erste Group Downgrades to Sell from Hold $KBH: RBC Capital Downgrades to Underperform from Sector Perform - PT $70 $KO: CFRA Downgrades to Hold from Buy - PT $72 $NVS: Goldman Sachs Downgrades to Neutral from Buy - PT $121 (from $119) $PAGS: Morgan Stanley Downgrades to Underweight from Equalweight - PT $6.50 (from $14) $STNE: Morgan Stanley Downgrades to Underweight from Equalweight - PT $7 (from $16.50) $TRNO: Mizuho Downgrades to Underperform from Neutral - PT $62