Ellyn Shook

October 16, 2026

TD Cowen Downgrades Baldwin Insurance to Hold. TD Cowen has downgraded The Baldwin Group to Hold and lowered its price target to $32.50. This move comes as the company rebrands from Founder Shield. The stock is currently trading near its 52-week high, with the new target sitting just below the current market level.

October 15, 2026

SanDisk (SNDK) Faces Oversold Pressure Amid Vicious Memory Chip Cycle. Recent commentary from Cathie Wood notes that memory chip demand is rising but the industry cycles are described as “vicious.” Several analysts have labeled SanDisk and its peers as oversold, pointing to a low RSI around 30. Concerns about an AI‑related correction and tighter financing for chip makers are adding pressure to the sector. The stock is currently near a long‑standing support level around $1,722.

October 17, 2026

Accenture caps AI tool spending at $29 per employee. Accenture has introduced a monthly spending cap of $29 for its employees using the AI tool Claude, following reports that some staff were incurring costs as high as $1,000. This move highlights the company's effort to manage expenses while integrating AI into its operations. The news comes as the stock trades near its 52-week high, reflecting ongoing investor focus on the firm's AI strategy and growth initiatives.