Oracle upgraded to Buy on ‘strong sales growth opportunity paired with the potential for profit-margin improvement’
Analysts at EdwardJones upgraded Oracle (NYSE:ORCL) to a Buy rating from a Hold earlier today, as they believe “the company’s…
NVIDIA introduces latest AI chip, H200
NVIDIA (NASDAQ:NVDA) continued to show its dominance in the AI space Monday by introducing its latest AI system, the HGX…
Procter & Gamble ‘built to endure,’ will continue to drive growth over the next 4 years
Jefferies analysts initiated Procter & Gamble (NYSE:PG) with a Buy rating and $177 per share price target in a note…
Britain’s EG Group to acquire 20K Tesla chargers
EG Group announced Monday that the British gas station operator will acquire Tesla (NASDAQ:TSLA) ultra-fast charging units in a move…
Continental plans thousands of job cuts in auto division
(Reuters) -German car parts manufacturer Continental said on Monday it would cut thousands of jobs in its automotive division worldwide…
Home Depot, Lowe’s may signal more pain from muted consumer spending, housing demand
(Reuters) – Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot (NYSE:HD)…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.41%
Saudi Arabia stocks were lower after the close on Monday, as losses in the Media & Publishing, Telecoms & IT…
Tyson Foods forecasts downbeat annual revenue on slowing meat demand
(Reuters) – Tyson Foods (NYSE:TSN) on Monday forecast revenue for its next fiscal year below Wall Street estimates after missing…
Morgan Stanley predicts India’s stock market volatility ahead of elections
Morgan Stanley has provided an analysis of the potential impact that the upcoming general elections in India may have on…
Volkswagen to cut administrative personnel costs 20% in savings drive -Handelsblatt
(Reuters) – Volkswagen plans to cut administrative personnel costs by a fifth as part of a cost-cutting package to save…