BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks
(Reuters) – BofA Global Research said on Wednesday it expects the S&P 500 to end 2023 nearly 7% higher than…
UK urges Meta not to roll out end-to-end encryption on Messenger and Instagram
(Reuters) – Britain urged Meta not to roll out end-to-end encryption on Instagram and Facebook (NASDAQ:META) Messenger without safety measures…
Republican lawmaker seeks details of Tesla relationship with Chinese battery maker CATL
Wedbush analysts said in a note Tuesday that the firm expects a tech rally to gain legs into the year-end…
‘Tech stocks rip higher into year-end’ say Wedbush analysts
Wedbush analysts said in a note Tuesday that the firm expects a tech rally to gain legs into the year-end…
FedEx quarterly profit likely boosted by rivals’ pain
(Reuters) – FedEx Corp (NYSE:FDX) benefited from misfortunes experienced by rivals UPS and Yellow (OTC:YELLQ) during its latest quarter as…
Marketmind: Messy market mood as oil irks
A look at the day ahead in U.S. and global markets by Mike Dolan World markets have hunkered down ahead…
UK inflation to be highest among big economies in 2023 – OECD
(Reuters) – Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organization…
Amazon devices unit morale wanes amid cuts, weak development pipeline- sources
(Reuters) – Some workers within Amazon’s once-storied hardware division – responsible for popular devices like the Kindle reader and Echo…
Dollar steadies ahead of Fed meeting; trading ranges are limited
The U.S. dollar traded largely unchanged in early European trade Tuesday, drifting ahead of the start of the latest two-day…
Euro holds firm, yen struggles ahead of bumper central bank week
(Reuters) – The euro got a lift on Tuesday from a report that indicated the European Central Bank may soon…