[Jinshi Data Compilation: Daily U.S. Stock Market News Express (Friday, September 20)]
Stock News
1. It is reported that Johnson & Johnson (JNJ.N) has increased the settlement fee in the baby powder lawsuit to more than US$8.2 billion.
2. FedEx (FDX.N) shares fell more than 13% in pre-market trading as the company lowered its revenue and profit guidance for this fiscal year.
3. Tianfeng International analyst Ming-Chi Kuo recently said that he predicts that the 2026 iPhone 18 series will use processors manufactured with TSMC's 2nm technology, but due to cost considerations, not all models will be equipped with this processor.
4. Eli Lilly (LLY.N) recently asked users of generic versions of its best-selling weight-loss drugs to provide the company with their medical records for safety reasons. This move may be aimed at cracking down on companies or pharmacies that sell generic weight-loss compound drugs.
5. Stifel published a research report, lowering its expectations for memory chip maker Micron Technology (MU.O) and pointing out that there are signs that the recovery in the memory chip market is slowing.
6. JPMorgan Chase (JPM.N) is reorganizing the top management team of its technology and healthcare investment banking business.
7. Buffett continued to sell nearly $900 million of Bank of America (BAC.N) shares to recover all investment costs.
8. JPMorgan Chase released a research report, giving Arm (ARM.O) an "overweight" rating with a target price of $140. So far this year, Arm's stock price has risen 84%.
9. US National Highway Traffic Safety Administration: General Motors (GM.N) will recall 449,671 US vehicles with insufficient brake fluid. (Source: Jinshi Data)