IBM positives offset by headwinds – JPMorgan
IBM (NYSE:IBM) was initiated with a Neutral with a $145 price target at JPMorgan on Friday. The firm’s analysts told…
Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025
(Reuters) – German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology…
Fed interest-rate hike seen a lock for July
(Reuters) – The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders…
Tesla rolls out global customer referral program as EV price war heats up
(Reuters) – Electric-vehicle maker Tesla (NASDAQ:TSLA) rolled out a new program globally allowing buyers to earn extra incentives through referrals…
Twitter rival Threads overtakes ChatGPT as the most rapidly downloaded app ever – BofA
Bank of America analysts reiterated a Buy rating on Meta Platforms (NASDAQ:META) after Threads – a Twitter rival launched on…
Levi Strauss drops 8% after cutting annual guidance on macro pressure; analysts lower numbers
Levi Strauss (NYSE:LEVI) cut annual guidance on Thursday, after second-quarter earnings beat Wall Street expectations, but sales were pressured by…
Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
(Reuters) -Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group…
Bank of America sees headline inflation falling to 3.1% in June
Bank of America economists expect headline inflation to fall to its lowest levels since March 2021. BofA sees headline CPI…
India stocks lower at close of trade; Nifty 50 down 0.85%
India stocks were lower after the close on Friday, as losses in the Power, Fast Moving Consumer Goods and Real…
Goldman Sachs sees more upside for S&P 500 this year
Goldman Sachs strategists weighed in on the S&P 500 rally with the index returning ~17% in the first half of…