Brent oil hovers above $80 as US inflation eases

(Reuters) – Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates…

Microsoft ‘will improve on dominant enterprise IT position’ – Oppenheimer

Oppenheimer analysts raised the price target for Microsoft (NASDAQ:MSFT) to $410 from $330 per share, maintaining an Outperform rating on…

PlayStation maker Sony upgraded to Buy at Goldman Sachs, new Top Pick

Sony Group (NYSE:SONY) shares rose 2.5% in early Thursday trading in New York after Goldman Sachs upgraded to Buy and…

Disney wants to keep ESPN, will look for strategic partners – CEO Iger

(Reuters) – Walt Disney (NYSE:DIS) wants to keep ESPN and will look for strategic partners to form a joint venture…

Goldman Sachs is worth owning, says Odeon Capital

Odeon Capital upgraded shares of Goldman Sachs (NYSE:GS) from Hold to Buy with a price target of $355.75 in a…

Bosch teams with Nikola in $2.8B hydrogen deal

German engineering company, Bosch, revealed Thursday that the company is investing almost €2.5 billion ($2.8B) in hydrogen fuel cell technology…

Delta soars to record quarterly earnings, lifts guidance

Delta (NYSE:DAL) has reported its best-ever quarterly revenue and earnings as a sharp post-pandemic rebound in travel demand flew in…

Carvana drops as JPMorgan cuts, says stock disconnected from fundamentals after 720% YTD rally

JPMorgan analysts downgraded Carvana (NYSE:CVNA) to Underweight from Neutral with a price target of $10 per share. The price target…

Dow futures rise ahead of PPI data; PepsiCo lifts FY forecast

U.S. stock futures rose Thursday, extending the previous session’s gains after cooler-than-expected inflation data raised expectations of an early end…

PepsiCo lifts annual forecasts again on price hikes, steady demand

(Reuters) – PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second time, banking on resilient…