AppFolio an ‘attractive play on U.S. residential real estate’ – JPMorgan

JPMorgan initiated AppFolio (NASDAQ:APPF) with an Overweight rating and a $200 per share price target in a note Thursday. Analysts…

Hawaiian Electric shares continue slide amid scrutiny over Maui wildfires

(Reuters) – Hawaiian Electric Industries (NYSE:HE) shares continued their record slump, shedding nearly 31% in premarket trading on Thursday, as…

Exclusive-H&M says it will “phase out” sourcing from Myanmar

(Reuters) – The world’s second-biggest fashion retailer H&M has decided to gradually stop sourcing from Myanmar, it told Reuters on…

U.S. 10-year Treasury yield hits highest since October, drags on shares

(Reuters) – The U.S. 10-year Treasury yield on Thursday reached its highest in 10 months, underpinned by fears that U.S.…

Tesla to begin mass output of revamped Model 3 in China

Tesla (NASDAQ:TSLA) is poised to begin mass production of the electric vehicle giant’s updated Model 3 in China as early…

Citi continues to recommend Apple as ‘iPhone 15 launch catalyst is on’

Citi analysts maintained a Buy rating and $240 per share price target on Apple (NASDAQ:AAPL) in a note Thursday. The…

Blue Shield of California drops CVS, taps Amazon and others to lower drug costs

(Reuters) – Non-profit insurer Blue Shield of California plans to drop CVS Health (NYSE:CVS) as its pharmacy benefit manager and…

Stellantis invests in direct lithium extraction project

Stellantis (NYSE:STLA) said Thursday that the carmaker will be investing more than $100 million in California-based direct lithium extraction (DLE)…

KeyBanc survey indicates weaker Apple iPhone sell-through trends

KeyBanc said in a research note Thursday that results from its July monthly carrier survey indicate slower Apple (NASDAQ:AAPL) iPhone…

Chile’s Codelco at risk of insolvency as debt grows, CESCO report says

(Reuters) – Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to rising costs and a…