4 big analyst picks: Rivian upgraded to Neutral, stock gains on positive headlines
Rivian Automotive upgraded at DA Davidson DA Davidson upgraded Rivian Automotive (NASDAQ:RIVN) to Neutral from Underperform and raised its price…
VW ready to deal with China metal curbs if needed, chipmakers play down fallout
(Reuters) – Volkswagen (ETR:VOWG_p) said it is monitoring the situation on metals markets after China imposed export restrictions on two…
Hedge fund Verition joins rush to Dubai financial hub
(Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft of other hedge funds including…
Stocks slide as rising borrowing costs strike again
(Reuters) – World stocks fell for a third straight day on Thursday, after Federal Reserve meeting minutes bolstered bets on…
ESG equity funds suffer big outflows, buffeted by market jitters and U.S. backlash
(Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the…
Airbus first-half deliveries up 6% to 316 jets -sources
(Reuters) – Airbus (EPA:AIR)deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources…
European stocks slump; hawkish Fed minutes increase growth concerns
European stock markets fell sharply Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s…
Meta takes aim at Twitter with Threads app, millions join
(Reuters) – Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions of users in hours…
PwC asked to name companies it pitched on basis of leaked Australian tax plans
(Reuters) – Two lawmakers on Thursday called on PwC Australia to name all the companies it sought to advise on…
Roblox a top pick at BTIG for H2 as drivers not reflected in consensus
Buy-rated Roblox (NYSE:RBLX) was named as one of BTIG’s top picks for the second half of 2023, the firm revealed…