Bernstein’s best idea for 2024? Short Tesla stock
Bernstein is promoting short Tesla (NASDAQ:TSLA) stock as its “best idea for 2024,” with their analysts seeing nearly 40% downside…
Cerevel options trading surge before AbbVie deal news raises eyebrows
(Reuters) – Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge along with its stock price…
TSMC November sales dip 7.5%, annual figures also down
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported a 7.5% drop in its November sales, totaling NT$206…
US envoy for North Korea to join Hyundai Motor as an adviser
(Reuters) – The U.S. special representative for North Korea Sung Kim will join South Korean automaker Hyundai Motor (OTC:HYMTF) as…
Tesla labour dispute ignites Nordic sympathy strikes
(Reuters) – A labour dispute between Tesla (NASDAQ:TSLA) and Swedish trade union IF Metall has drawn in a host of…
ICICI Bank’s dismissal of Chanda Kochhar upheld by Supreme Court
The Supreme Court of India, led by Justice Sanjiv Khanna, has upheld the termination of former ICICI Bank CEO Chanda…
Oil edges up after steep losses but weak economic outlook lingers
(Reuters) – Oil prices rose on Thursday, a day after tumbling to a six-month low, but remained under pressure as…
U.S. must take tougher approach on tech to China, says U.S. House committee
(Reuters) – The U.S. must take immediate action to stop “the hemorrhaging of sensitive U.S. technology to China” by tightening…
Over 1,000 VW workers sign union cards in Tennessee
The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automaker’s Chattanooga, Tennessee…
US House Republicans seek to halt Biden EV regulations
(Reuters) – The Republican-led House of Representatives voted on Wednesday to bar the Biden administration from moving forward with stringent…