Citi continues to favor growth over value
Citi analysts told investors in a research note on Tuesday that the value-to-growth rotation is likely to continue. Low macro…
Wall St slips as mixed data fuels Fed policy uncertainty
(Reuters) – Wall Street’s main indexes slipped on Tuesday as investors assessed odds of an interest rate pause by the…
Emirates looks at placing new order for long-haul jets
(Reuters) -Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing (NYSE:BA) 777X or 787…
Mobileye slips after Intel announces plans to sell $1.5 billion stake
Shares in Mobileye Global Inc. (NASDAQ:MBLY) slumped by more than 5% in premarket U.S. trading on Tuesday after chipmaker Intel…
Global EV penetration reaches 14% in April with promising uptick in May
Barclays’ April report card shows that global electric vehicle penetration reached 14% in April, slightly outpacing last year’s EV penetration…
U.S. stocks head lower as investors weigh chances of Fed rate hike
U.S. stocks were losing ground as investors continued to weigh the odds of another interest rate increase by the Federal…
Unity’s deal to provide 3D apps for Apple’s Vision Pro seen by Wall Street as long term positive
During its annual developers’ conference on Monday, Apple (NASDAQ:AAPL) said it is working with Unity Software (NYSE:U) to bring 3D…
Corebridge drops as AIG looks to sell down stake
(Reuters) – Shares of retirement services provider Corebridge Financial fell more than 6% on Tuesday as parent American International Group…
US confirms all Tesla Model 3 vehicles qualify for $7,500 tax credit
(Reuters) – The Biden administration confirmed Tuesday that all Tesla (NASDAQ:TSLA) Model 3 vehicles now qualify for $7,500 electric vehicle…
Crypto stocks fall after US SEC sues Coinbase over failure to register
(Reuters) – Shares of cryptocurrency and blockchain-related companies fell in premarket trading on Tuesday after the industry’s biggest exchanges Coinbase…