Wedbush Securities analyst Matt Bryson raised his price target on Seagate Technology (STX) to $1,000 and kept an “Overweight” rating. The company is set to report fiscal Q4 results next week, with consensus calling for $4.89 in earnings per share, more than double the year-ago quarter. Bryson said Seagate could again top expectations, citing margins, slight PX increases and an improved product mix.

Cube Highways Trust has filed a final offer document with the Securities and Exchange Board of India (SEBI) to convert from a private InvIT to a publicly listed InvIT, enabling an offer for sale of about ₹ 50,000 million by existing unitholders. The trust manages 27 road assets and reported a net profit of ₹216.72 crore in FY26 after losses in the prior two years. The document has also been filed with the BSE and NSE, where the units trade under the symbol CUBEINVIT with ISIN INE0NR623014. The transaction is a standard listing-structure conversion with no fresh issuance or capital raising, mainly affecting unit liquidity and secondary-market supply.

New York world sugar #11 and London ICE white sugar #5 fell to 1-week lows on Monday as WTI crude oil tumbled more than 7%, weighing on ethanol economics and encouraging more cane to be processed into sugar. Improving monsoon rainfall has lifted expectations for Indian output, adding to the downside. At the same time, potential El Niño-driven dryness could curb cane harvests in Brazil, India and Thailand. Forecasts for the 2026/27 global sugar balance diverge between the ISO and the USDA.

September ICE New York cocoa (CCU26) fell 5.13% in a single session, while September ICE London cocoa #7 (CAU26) dropped 4.68%, both hitting three-week lows. The selloff followed signs of rising global availability, including Ivory Coast port arrivals of 2.11 MMT for the current marketing year, up 21% year on year. Nigeria’s June cocoa exports rose 30% y/y to 18,922 MT, and ICE cocoa inventories climbed to a two-year high of 3,361,752 bags. While El Niño risks and expectations of a smaller 2026/27 crop offer longer-term support, near-term oversupply pressured prices.

Greenland Mines (NASDAQ: GRML) said its Skaergaard project in southeast Greenland posted a 31% increase in indicated palladium-equivalent resources, which it described as one of the largest undeveloped palladium, gold and platinum deposits in the western world. The company said the 2026 field season is underway, with drilling, metallurgical bulk sampling and engineering studies in progress. The update comes as palladium demand is heavily tied to automotive catalytic converters, accounting for roughly 80% to 85% of global demand, while Russian supply is seen as a geopolitical risk.

ServiceNow reported second-quarter results that topped expectations, posting adjusted earnings of 90 cents per share on revenue of $3.99 billion. Subscription revenue rose 24.5% year over year and AI-related annual contract value surpassed $1 billion, while the company lifted its fiscal 2026 subscription revenue midpoint to about $15.77 billion. The stock climbed 8.4% to $107.08 on Monday, outperforming a weaker Technology sector and the Nasdaq, according to Benzinga Pro data.

SpaceX is moving ahead with an AI data-center expansion plan starting in 2027 that would require large volumes of AI infrastructure components, reinforcing long-term demand expectations for Nvidia GPUs, according to Wedbush. Nvidia’s latest results topped estimates, with Q1 revenue of $81.62 billion (+85% YoY) and data center revenue accounting for more than 92% of sales, while Q2 guidance of $91 billion came in well above expectations. Despite a recent pullback in the stock, analysts still broadly rate NVDA a “Strong Buy,” with an average price target of $304.32.

STMicroelectronics cut its Q3 revenue outlook to $3.7 billion, $100 million below its prior expectation, sparking concerns that semiconductor demand is weakening and sending the stock down more than 20% over two sessions. The warning overshadowed a solid Q2, in which revenue came in at $3.49 billion, EPS was $0.31 versus a $0.27 consensus estimate, and free cash flow turned positive. While the company counts customers such as Tesla, Apple, SpaceX and AWS, the lowered guidance remains a clear near-term negative catalyst for the shares.