4 big analyst cuts: AT&T receives 2 downgrades, Twilio slashed to Neutral
AT&T receives 2 downgrades AT&T (NYSE:T) shares fell more than 1% pre-market today after Citi downgraded the company to Neutral…
Futures lackluster as investors wait for more earnings
(Reuters) – U.S. stock index futures were subdued on Monday after last week’s gains, as investors geared up for quarterly…
Nvidia risk-reward remains ‘favorable’ despite a 211% YTD rally – Citi
Citi analysts hiked the price target on Buy-rated Nvidia (NASDAQ:NVDA) stock by $100 to $520 per share as he continues…
Analysis-Takeover benefits: UBS investors warm to Credit Suisse deal
(Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and…
Nasdaq 100 special rebalance is unlikely to solve the concentration problem – Goldman Sachs
Goldman Sachs strategists weighed in on the upcoming Nasdaq 100 ‘Special Rebalance”, aimed at tackling the index’s high level of…
Global shares, dollar sag after China data; traders bet on Fed sea change
(Reuters) – Global shares and commodities slipped on Monday after data showed the Chinese economy is growing a lot more…
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
(Reuters) – Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt…
Black Sea grain deal to expire Monday if Russia quits
(Reuters) – A pact that has allowed the safe Black Sea export of grain from Ukraine for the past year…
European shares slip as Richemont, tepid China data drag
(Reuters) -European shares fell on Monday as luxury group Richemont slumped on weaker-than-expected organic sales growth and lacklustre economic growth…
Swiss watchmaker Swatch sues Malaysia for seizure of Pride watches
(Reuters) – Swiss watchmaker Swatch Group (SIX:UHR) has filed a lawsuit against the Malaysian government for confiscating rainbow-coloured watches that…