Morgan Stanley cuts price target on Rivian as challenges evolve; reiterates Overweight
Morgan Stanley reiterated an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and cut the price target on the stock to $24.00 (From $26.00)…
Tesla Q1 earnings preview: Margins in focus after recent price cuts
Tesla (NASDAQ:TSLA) is due to report earnings on Wednesday after market close with analysts expecting the electric vehicle (EV) maker…
BNY Mellon beats profit estimates as higher rates boost interest income
(Reuters) – Bank of New York Mellon (NYSE:BK) Corp beat first-quarter profit estimates on Tuesday, benefiting from the Federal Reserve’s…
HSBC top shareholder renews call for breaking up of bank
HONG KONG (Reuters) – Top shareholder of HSBC renewed its call for breaking up of the Asia-focused bank on Tuesday,…
Gold steadies below $2,000 as rate hike jitters boost dollar, yields
Gold prices hovered below key levels in early Asian trade on Tuesday, coming under pressure from a firmer dollar and…
Alphabet shares fall on report Samsung may dump Google Search for Bing
(Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics (OTC:SSNLF) was…
Apple to benefit from AI search wars – BofA
Alphabet (NASDAQ:GOOGL) shares fell 2.7% yesterday on the New York Times report that the world’s largest smartphone producer Samsung (KS:005930)…
UK regulator probes Amazon’s planned purchase of iRobot
(Reuters) – Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc (NASDAQ:AMZN)’s planned…
Seven & i Holdings opposes board nominees backed by ValueAct Capital
Japanese retail giant Seven & i Holdings Co will oppose all four board director candidates nominated by ValueAct Capital, it…
Norway wealth fund welcomes government request on unlisted equities
Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, welcomed on Tuesday the government’s request that it…