Tesla to hit record quarterly sales in China even as market share shrinks – analysts

(Reuters) – Tesla (NASDAQ:TSLA) is set to hit another record quarter with its China sales while it faces mounting pressure…

Japan stocks higher at close of trade; Nikkei 225 up 2.02%

Japan stocks were higher after the close on Wednesday, as gains in the Chemical, Petroleum & Plastic, Transport and Mining…

Australia stocks higher at close of trade; S&P/ASX 200 up 1.10%

Australia stocks were higher after the close on Wednesday, as gains in the Consumer Discretionary, A-REITs and Financials sectors led…

European shares rise as U.S. data soothes economic slowdown fears

(Reuters) – European shares climbed on Wednesday after robust U.S. data soothed concerns about a steep economic slowdown, while investors…

Faraday Future investors commit $90 million in funding

(Reuters) – Faraday Future Intelligent Electric (NASDAQ:FFIE) has received $90 million in funding commitment from its existing investors, the electric-vehicle startup…

ACI Worldwide fined $25 million for multibillion-dollar mortgage payment ‘fiasco’

(Reuters) – The top U.S. consumer finance watchdog on Tuesday said it had fined the Nebraska payment processor ACI Worldwide…

Nike shares positioned well for ‘pop higher’ – Oppenheimer

Oppenheimer analysts said Tuesday that Nike (NYSE:NKE) shares are poised to bounce following its fourth quarter results, expected Thursday, June…

Ryanair aiming for at least 50% growth in east, central Europe

(Reuters) – Ryanair expects passenger numbers in central and eastern Europe (CEE) to surge by at least 50% over the…

Tesla remains top pick at Baird ahead of 2Q delivery and results

Baird reiterated an Outperform rating and $252.00 price target on Tesla (NASDAQ:TSLA) ahead of the electric automaker’s 2Q delivery and earnings…

Citi says Meta Platforms’ Instagram engagement and monetization are improving

Citi raised its price target for Meta Platforms (NASDAQ:META) to $360 from $315 in a note Tuesday, with analysts maintaining…