Analysis-After the buzz, investors are doing their own homework on AI
(Reuters) – The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors…
US retailers targeted with bomb threats in recent months, seeking bitcoin and gift cards – WSJ
(Reuters) – Law-enforcement officials and retailers are investigating a recent wave of bomb threats across the United States, targeting grocery…
Tesla stock is no longer a Buy at Goldman Sachs; shares slip
Goldman Sachs analysts downgraded Tesla (NASDAQ:TSLA) stock to Neutral from Buy following a massive year-to-date rally in the electric vehicle…
A second life for EV batteries? Depends how long the first is
(Reuters) – Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for…
US Supreme Court rules in favor of Coinbase in arbitration dispute
(Reuters) – The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc’s bid to halt customer lawsuits…
Pot producer Canopy raises going concern doubts, shares tumble
(Reuters) – Shares of Canada’s Canopy Growth (NASDAQ:CGC) fell 6.5% on Friday after the pot producer posted a wider quarterly…
Goldman Sachs faces big writedown on GreenSky deal – CNBC
(Reuters) -Goldman Sachs is likely to take a large write down for its $2.2 billion acquisition of fintech lender GreenSky…
Cathay Pacific sees first HY profit in 3 years on travel rebound
(Reuters) – Hong Kong’s Cathay Pacific Airways (OTC:CPCAY) on Friday forecast its first half-year profit in three years, buoyed by…
Needham & Company sees ‘positive sentiment shifts’ for Roku
Needham & Company analysts said Friday that there are positive sentiment shifts for Roku (NASDAQ:ROKU). The analysts, who have a…
U.S. stocks are falling after Powell’s hawkish rate outlook
U.S. stocks were falling on concerns about interest rates after Federal Reserve Chair Jerome Powell’s hawkish testimony to Congress this…