Oil prices down after jobs data, but on course for weekly gain
(Reuters) – Oil prices inched lower on Friday after U.S. jobs data did little to allay fears of further interest…
Morgan Stanley lifts price target on ‘top pick’ Ferrari
Morgan Stanley auto analysts continue to be big fans of Ferrari NV (NYSE:RACE) and today raised their price target to…
IBM positives offset by headwinds – JPMorgan
IBM (NYSE:IBM) was initiated with a Neutral with a $145 price target at JPMorgan on Friday. The firm’s analysts told…
Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025
(Reuters) – German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology…
Fed interest-rate hike seen a lock for July
(Reuters) – The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders…
Tesla rolls out global customer referral program as EV price war heats up
(Reuters) – Electric-vehicle maker Tesla (NASDAQ:TSLA) rolled out a new program globally allowing buyers to earn extra incentives through referrals…
Twitter rival Threads overtakes ChatGPT as the most rapidly downloaded app ever – BofA
Bank of America analysts reiterated a Buy rating on Meta Platforms (NASDAQ:META) after Threads – a Twitter rival launched on…
Levi Strauss drops 8% after cutting annual guidance on macro pressure; analysts lower numbers
Levi Strauss (NYSE:LEVI) cut annual guidance on Thursday, after second-quarter earnings beat Wall Street expectations, but sales were pressured by…
Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
(Reuters) -Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group…
Bank of America sees headline inflation falling to 3.1% in June
Bank of America economists expect headline inflation to fall to its lowest levels since March 2021. BofA sees headline CPI…