BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks
(Reuters) – BofA Global Research said on Wednesday it expects the S&P 500 to end 2023 nearly 7% higher than…
UK urges Meta not to roll out end-to-end encryption on Messenger and Instagram
(Reuters) – Britain urged Meta not to roll out end-to-end encryption on Instagram and Facebook (NASDAQ:META) Messenger without safety measures…
Republican lawmaker seeks details of Tesla relationship with Chinese battery maker CATL
Wedbush analysts said in a note Tuesday that the firm expects a tech rally to gain legs into the year-end…
‘Tech stocks rip higher into year-end’ say Wedbush analysts
Wedbush analysts said in a note Tuesday that the firm expects a tech rally to gain legs into the year-end…
FedEx quarterly profit likely boosted by rivals’ pain
(Reuters) – FedEx Corp (NYSE:FDX) benefited from misfortunes experienced by rivals UPS and Yellow (OTC:YELLQ) during its latest quarter as…
Marketmind: Messy market mood as oil irks
A look at the day ahead in U.S. and global markets by Mike Dolan World markets have hunkered down ahead…
UK inflation to be highest among big economies in 2023 – OECD
(Reuters) – Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organization…
In EV battle, Toyota bets on new technology and old-school thinking
(Reuters) – At factories in Japan’s industrial heartland, Toyota (NYSE:TM) has turned to self-propelled assembly lines, massive die casting and…
Amazon devices unit morale wanes amid cuts, weak development pipeline- sources
(Reuters) – Some workers within Amazon’s once-storied hardware division – responsible for popular devices like the Kindle reader and Echo…
Citigroup Appointed as Depositary Bank for Arm Holdings plc’s ADR Programme
Citibank (C) has been appointed by Arm Holdings plc (NASDAQ:ARM) to act as depositary bank for its initial public offering…