UBS is bullish on earnings and valuations, setting its S&P 500 price target at 8,900 for 2027.

Mizuho Bank said it has cut Nvidia (NVDA.O)'s price target from $315 to $250.

Anthropic officials announced that the company plans to achieve a valuation of approximately $1 trillion in its initial public offering (IPO). The firm expects to set the IPO’s offering price next Wednesday and begin trading on Thursday.

Anthropic officials announced plans to issue 825 million Class A common shares via an initial public offering (IPO). The IPO is expected to be priced between $70 and $78 per share, with selling shareholders offering an additional 23,648,646 Class A common shares. Anthropic’s investors include Micron Technology, Microsoft, TSMC, and NVIDIA.

Anthropic officials stated that as of October 31, 2026, its annual revenue stood at approximately $81 billion, a $10 billion increase from September 30, 2026. The company’s board of directors and related entities may seek to sell up to $303 million worth of stock.

Wells Fargo said it has cut Nvidia (NVDA.O)’s price target from $315 to $300, while maintaining an "Overweight" rating.

US Defense Secretary Pete Hegseth will hold a rare press conference at the Pentagon on Tuesday local time, with a vote on his impeachment expected by members of Congress this week. The press conference is scheduled for 8 a.m. Eastern Time (21:00 Beijing Time). The day prior, Republican Congressman Thomas Massie submitted revised impeachment articles against Hegseth. The resolution accuses Hegseth of abusing his authority, including launching a war against Iran without congressional approval, ignoring laws aimed at minimizing civilian casualties, and retaliating against Democratic Senator Mark Kelly, among other actions. Under House of Representatives rules, a vote on the resolution must be scheduled within two legislative days. House Democratic Leader Hakeem Jeffries, who represents New York State, said Monday afternoon that he will firmly support the impeachment resolution. He told reporters that Hegseth "abused power" and was "the architect of this reckless, costly and failed preemptive war against Iran". It remains unclear whether any other Republican lawmakers will back the impeachment articles besides Massie. Massie said Monday afternoon that he has not received any commitments from other Republican lawmakers to support the measure.