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PSEG's foundation reported its New Jersey community support efforts, which included the distribution of 450,000 diapers through a partnership.
Public Service Electric & Gas (PSE&G) was ranked #1 for the fourth consecutive year in the J.D. Power 2025 study for residential electric customer satisfaction among large utilities in the East.
Political pressure on electricity rates creates uncertainty for utility stocks in 2026, despite the sector delivering 16% returns so far this year driven by AI data center demand.
Bank of America Securities raised its price target for Guardant Health (GH) to $120 from $100, maintaining a "Buy" rating. The firm cites an expected market normalization and increased spending in the Biopharma sector projected for 2026.
A recent Bank of America survey reveals a significant shift in investor sentiment, with 42% of global fund managers now forecasting that international stocks will be the top-performing asset class in 2026. This pivot away from a U.S.-centric view comes amid a complex global economic landscape, where a persistent bullish narrative on U.S. artificial intelligence clashes with a weakening dollar and mixed domestic economic signals.
A Bank of America survey shows global fund managers' cash reserves have fallen to a record low, signaling extreme bullishness. This has triggered a historical contrarian indicator to sell equities, suggesting markets are increasingly vulnerable to economic shocks.