SoftBank forms JV to build AI-powered warehouses with Symbotic
(Reuters) -SoftBank Group is forming a joint venture with supply-chain services provider Symbotic to build AI-powered warehouses that will be…
Ryanair cautious about winter travel after quarterly profit soars
(Reuters) -Ryanair on Monday struck a cautious tone about travel demand for the rest of the year and cut its…
Boeing investors to scrutinize cost of new Spirit AeroSystems labor deal
(Reuters) – Boeing (NYSE:BA) executives will face hard questions from investors about whether a recent labor deal reached by Spirit…
US FDIC calls on banks to fix ‘inaccurate’ financial statements
(Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) on Monday called on some banks to fix their financial statements…
Damaged EV reignites at Nikola HQ
Nikola Corp (NASDAQ:NKLA) revealed that a previously damaged truck had reignited at the company’s Phoenix, Arizona headquarters Sunday afternoon. There…
J&J starts share exchange offer for consumer health spin-off Kenvue
(Reuters) – Johnson & Johnson said on Monday it had launched an exchange offer under which its stockholders can opt…
Wall Street heavyweights mixed ahead of Nasdaq 100 rebalance
(Reuters) – Shares of Wall Street’s most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq…
American Express cut to Underweight at Piper Sandler on student debt headwinds
Piper Sandler analysts downgraded American Express (NYSE:AXP) shares to Underweight from Neutral. They also cut the price target to $149…
Tesla to discuss factory plan for new $24,000 car with India commerce minister
(Reuters) – Tesla (NASDAQ:TSLA) representatives are set to meet India’s commerce minister this month to discuss plans to build a…
4 big analyst picks: Netflix earns an upgrade, following mixed Q2
Netflix gets upgraded at Baird, following Q2 earnings Baird upgraded Netflix (NASDAQ:NFLX) to Outperform from Neutral and raised its price…