AutoNation

Wednesday’s Top Wall Street Analyst Calls

CNBC published a roundup of notable Wall Street analyst rating changes and initiations on May 27, 2026. The piece lists numerous broker actions, including JPMorgan upgrades (Openlane, MGM, FedEx), Barclays upgrades/reiterations (SanDisk, Micron), UBS initiations (GE Aerospace) and Wells Fargo/Morgan Stanley moves on firms like MSCI and Microsoft. The article highlights price-target changes (e.g., JPMorgan raising Openlane Dec-2026 PT to $38; Barclays lifting Micron PT to $1,175) and notes sector- and company-specific rationales from brokerage research. The report also calls out Bank of America reinstating Intuit and upgrading Digital Turbine to Buy (an ad‑tech solution). The roundup is a market-focused compilation of analyst views rather than a deep industry technical development.

US Seizes Iranian Ship; Cursor Pursues $2B Round

CNBC's Morning Squawk reports that the U.S. Navy intercepted and seized an Iranian-flagged cargo ship, the Touska, raising renewed Middle East tensions and lifting oil prices. Kevin Warsh, President Trump's pick to chair the Federal Reserve and a former Fed governor with deep Silicon Valley ties, will face a Senate confirmation hearing. The auto retail sector is consolidating, with the top 150 dealers capturing a growing share of new vehicle sales. AI-focused startup Cursor is in discussions for a $2 billion fundraising round led by Andreessen Horowitz, with participation expected from Nvidia and Thrive Capital. Separately, Nvidia is prioritizing data‑center AI chips over gaming products, shifting its revenue mix toward data‑center business.

3C Ventures Rakes in $50M in Just 15 Months!

Michael Kassan’s media advisory and investment firm, 3C Ventures (also referred to as 3CV), reported more than $50 million in revenue between September 2024 and December 2025. Approximately 35% of that revenue derived from multi-stage transformational projects for clients—often Fortune 500 companies—described as "seven-figure ticket items." Kassan first previewed the venture in June 2024 and had projected $100 million revenue within 12–18 months; 3C Ventures began operations in September 2024. The company named clients including Delta, JPMorganChase and AutoNation, though it did not disclose detailed project financials or scope.