Shopify (SHOP) notes that meaningful agentic commerce adoption is likely "a year or two at lease" away for most consumers; sees LLM-led discovery occuring, but full consumer delegation of budget/purchasing decisions remains early and demographic dependent
DraftKings (DKNG) reiterated with Overweight at Morgan Stanley, PT USD 39/shr; USD 3.1bln of annualised prediction volumes is illustrative of a good start
US Energy Secretary Wright says there will be many months to return to normal energy flows. Adds, China has been forced to use its reserves.
Shopify (SHOP) notes that meaningful agentic commerce adoption is likely "a year or two at lease" away for most consumers; sees LLM-led discovery occuring, but full consumer delegation of budget/purchasing decisions remains early and demographic dependent
US Trump Administration is reportedly simplifying student loan repayments
J&J (JNJ) says they are well on track to reach the upper end of its 5-7% 5-year growth target despite Stelara loss of exclusivity
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