Wedbush starts Amazon, Google, and Meta at Outperform as ‘AI to become a growth stimulant’
Wedbush analysts revealed Tuesday that the firm is initiating coverage of the Internet eCommerce and Digital Advertising sector with Outperform…
AppLovin shares gain following upgrade to ‘Buy’ at Jefferies
AppLovin’s (NASDAQ:APP) stock climbed 4% shortly after it was upgraded from “Hold” to “Buy” by equity analysts at Jefferies. The…
Meta rolls out web version of Threads
(Reuters) – Meta Platforms (NASDAQ:META) on Tuesday launched the web version of its new text-first social media platform Threads, in…
S&P downgrades multiple US banks on growing liquidity worries
(Reuters) – S&P Global followed Moody’s (NYSE:MCO) in cutting its credit ratings and outlook on multiple U.S. regional banks on…
Oil steadies as China woes persist
(Reuters) – Oil prices were little changed on Tuesday as investors remained downbeat on China’s economic malaise hobbling demand from…
US airline pilots fight their unions to increase retirement age
(Reuters) – Bo Ellis has been a devoted member of the Air Line Pilots Association (ALPA) for nearly four decades,…
Indonesia reviews plan to merge two state airlines – executive
(Reuters) – The Indonesian government is reviewing a plan to merge state-owned airlines Garuda Indonesia and Pelita Air, a unit…
Biden names former Obama-era lawyer as White House counsel
(Reuters) – U.S. President Joe Biden named former federal prosecutor and Chicago lawyer Ed Siskel as his top White House…
Analysis-Arm’s clients turn IPO into tug of war for chip influence
(Reuters) – A scramble among Arm Holdings Ltd’s clients, comprising the world’s biggest technology companies, to snap up shares in…
DIY group Lowe’s posts second-quarter profit beat
Lowe’s (NYSE:LOW) has reported a smaller-than-anticipated decline in second-quarter gross profit and backed its annual financial guidance, as online sales…