5 big analyst cuts: SoFi Technologies slashed with 3 downgrades, shares plunge
SoFi Technologies downgraded at three firms SoFi Technologies (NASDAQ:SOFI) shares plunged more than 5% pre-market today after several Wall Street…
Explainer-What is Hong Kong’s new dual HKD/RMB share counter?
(Reuters) – The Hong Kong stock exchange will start offering yuan-denominated Chinese stocks from Monday in what it calls a…
Japan stocks higher at close of trade; Nikkei 225 up 0.66%
Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Automobiles & Parts and Transport sectors…
Volkswagen to face investor grilling on China, costs at capital markets day
(Reuters) – Volkswagen (ETR:VOWG_p) will face investors hungry for answers at its capital markets day next Wednesday on how it…
Self-driving truck company Einride expands into Norway
(Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the…
China takes next step in currency globalization, with some HK stocks priced in yuan
(Reuters) – China’s gradual internationalization of its currency will shift to its next leg on Monday when about two dozen…
Italian EV startup Aehra unveils new premium sedan
(Reuters) – Italian electric-vehicle startup Aehra on Friday unveiled its new, European-made sedan which will serve the high-premium market segment…
Tesco says Britain’s food inflation has peaked
(Reuters) – Tesco, Britain’s biggest retailer, said the country’s food inflation was starting to ease, signalling some relief for squeezed…
4 big analyst picks: Corning upgraded to Buy on margin recovery potential
Corning upgraded to Buy at Citi Citi upgraded Corning (NYSE:GLW) to Buy from Neutral and raised its price target to…
Intel to invest $4.6 billion in new chip plant in Poland
(Reuters) – Intel (NASDAQ:INTC) said on Friday it will invest up to $4.6 billion in a new semiconductor assembly and…