Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
(Reuters) – Morgan Stanley (NYSE:MS) warns of a 16% drop in profit for S&P 500 companies this year, followed by…
Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market
(Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising…
Microsoft has taken ‘AI mantel from Google’; Azure could become a bigger and more important hyperscale provider than AWS – Bernstein
Bernstein analysts raised the price target on Microsoft (NASDAQ:MSFT) to $380 per share from the prior $342 on the back…
Tesla’s Model Y surpasses Toyota’s RAV4 to become the best selling SUV in Australia
The latest data received from the Federated Chamber of Automotive Industries shows that Tesla (NASDAQ:TSLA) sold 3,178 units of the…
Apple nears record highs as analysts boost stock targets into the MR launch
Apple (NASDAQ:AAPL) shares trade almost 1% higher in pre-market Monday as Wall Street analysts continue to hike target prices on…
Apple, Palo Alto, ExxonMobil rise premarket; Target falls
Stocks in focus in premarket trade on Monday, June 5th. Apple (NASDAQ:AAPL) stock rose 0.8%, with the tech giant expected…
Evercore ISI says S&P 500 could hit 4450 by July 4
Evercore ISI analysts hiked the S&P 500 year-end price target to 4450 from the prior 4150 to reflect the higher…
Dollar edges up as markets weigh chances of Fed rate hike
(Reuters) – The dollar edged up against major currencies on Monday, as markets priced in around a 30% chance of…
Futures subdued as investors weigh chances of rate pause
(Reuters) – Wall Street futures were subdued on Monday after a solid rally last week, as investors weighed the possibility…
Tesla’s China-made EV sales rose 2.4% in May from April – CPCA
(Reuters) – U.S. automaker Tesla (NASDAQ:TSLA) Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4% jump from April,…