Oil falls with interest rate hikes and inventories in focus
(Reuters) – Oil futures fell on Thursday, with trader concern over bearish impact from interest rate hikes countered by potentially…
Ford, SK joint venture set to receive $9.2 billion US government loan for battery plants
(Reuters) – The U.S. Energy Department on Thursday said it intends to loan a joint venture of Ford Motor (NYSE:F)…
Tesla loses one of its biggest Street bulls as Morgan Stanley cuts rating
Morgan Stanley analysts downgraded Tesla (NASDAQ:TSLA) shares to Equal Weight from Overweight, sending shares almost 4% lower in premarket Thursday.…
Micron confirms up to $825 million investment in India chip facility
(Reuters) – U.S. memory chip firm Micron Technology (NASDAQ:MU), Inc said on Thursday it would invest up to $825 million…
Dow futures slip ahead of Powell’s reappearance; Amazon in focus
U.S. stock futures are trading lower Thursday, as the recent tech-inspired rally loses steam with Fed chief Jerome Powell maintaining…
GE to jointly produce fighter jet engines in India
(Reuters) – General Electric (NYSE:GE)’s aerospace unit said on Thursday it has signed an agreement with India’s state-owned Hindustan Aeronautics…
India stocks lower at close of trade; Nifty 50 down 0.45%
India stocks were lower after the close on Thursday, as losses in the Power, Public Sector Undertakings and IT sectors…
Credit Agricole offers fixed-term savings in Italy in bid to win clients
(Reuters) – The Italian arm of France’s Credit Agricole (OTC:CRARY) has started offering fixed-term savings accounts to win new customers…
Applied Optoelectronics soars 15% on multi-year partnership with Microsoft
Applied Optoelectronics (NASDAQ:AAOI) shares jumped as much as 15% in pre-market Thursday trading after the company said it had entered…
4 big analyst picks: Adobe upgraded to Outperform on AI potential
Adobe upgraded to Outperform Adobe Systems (NASDAQ:ADBE) was upgraded to Outperform from Market Perform at BMO Capital with a price…