Risk/reward for airlines ‘still very attractive’ – Morgan Stanley
Morgan Stanley analysts raised the firm’s price targets for Allegiant Travel Company (NASDAQ:ALGT) to $120 from $115 and Sun Country…
Google delays release of fully custom phone chip until 2025 – The Information
(Reuters) – Alphabet Inc’s Google (NASDAQ:GOOGL) has delayed the release of a fully custom chip for its Pixel smartphones until…
Insight Partners raises $118 million fund to back underrepresented VCs
(Reuters) – Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer (NYSE:PFE) has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest…
Pentagon has strategic germanium stockpile but no gallium reserves
(Reuters) – The Pentagon holds a strategic stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson…
Oil edges lower as market digests higher risk of US rate hike
(Reuters) – Oil prices edged lower on Thursday as the market digested the higher likelihood of a U.S. rate hike…
Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown
(Reuters) – OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its…
Ford auto sales rise on robust demand, improved supply
(Reuters) – Ford Motor (NYSE:F) Co on Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by…
Volkswagen to launch self-driving vehicles in Texas by 2026
(Reuters) – Volkswagen (ETR:VOWG_p) said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and…
American Express stock cut at Baird on valuation, ‘softer economic outlook’
Baird analysts downgraded American Express (NYSE:AXP) shares to Neutral with a price target of $185 per share. While they argue…