The 4 reasons Evercore ISI upgraded Pinterest and set ‘street high’ PT

Pinterest (NYSE:PINS) is trading up 3.6% in pre-open trading Tuesday after Evercore ISI analysts upgraded the stock to Outperform from In…

Oil inches higher as investors eye US crude supplies

(Reuters) – Oil prices edged higher on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected…

Dollar slips towards 15-month low, euro scales 17-month peak

(Reuters) – The dollar drifted near a 15-month low against its major peers on Tuesday, as investors awaited fresh catalysts…

China SMIC chairman resigns, replaced by chemical industry veteran

(Reuters) – Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from…

Ocado jumps after return to first-half underlying profit

(Reuters) – Ocado, the British online supermarket and technology group, returned to underlying profit in its first half and stuck…

Tesla to hold citizen information session on expansion plans for German plant

(Reuters) – Tesla (NASDAQ:TSLA) is due to hold a question-and-answer session on Tuesday for citizens in the German state of…

Japan stocks higher at close of trade; Nikkei 225 up 0.32%

Japan stocks were higher after the close on Tuesday, as gains in the Financial Services, Services and Precision Instruments sectors…

Novartis raises 2023 forecast, maps out Sandoz spin-off

(Reuters) – Novartis on Tuesday raised its full-year earnings forecast on strong drug sales and mapped out the planned spin-off…

Lilly drug slows Alzheimer’s by 60% for mildly impaired patients in trial

(Reuters) – Eli Lilly’s experimental drug donanemab slowed the progression of Alzheimer’s by 60% for patients in the earliest stages…

Traders bulk up on biggest bull position in sterling since Brexit

(Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and…