4 big analyst picks: Adobe upgraded to Outperform on AI potential

Adobe upgraded to Outperform Adobe Systems (NASDAQ:ADBE) was upgraded to Outperform from Market Perform at BMO Capital with a price…

Novo Nordisk says EMA raised safety signal on drugs, shares fall

(Reuters) – A thyroid cancer safety signal was raised by the EU’s drugs watchdog last month over several Novo Nordisk…

Renault Korea to manufacture EVs in city of Busan: city government

(Reuters) – Renault (EPA:RENA) Korea Motors plans to build infrastructure at its plant in the southeastern city of Busan to manufacture electric…

Spirit AeroSystems to halt work at Wichita plant as union votes to strike

(Reuters) – Spirit AeroSystems on Thursday will suspend factory production at its plant in Wichita, Kansas, the company said, after…

European shares slide to near 3-month low on rate hike worries

(Reuters) – European shares slid to their lowest level in nearly three months on Thursday, with London stocks falling on…

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

(Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries,…

Goldman Sachs sees 5 reasons investors should add downside protection to equity portfolios

Goldman Sachs analysts told investors in a note Wednesday that the firm’s baseline view is that the S&P 500 will rise by…

U.S. stocks are falling as Powell tells Congress inflation fight is ongoing

U.S. stocks were falling as investors prepared to hear Federal Reserve Chair Jerome Powell testify in Congress that the central…

Amazon duped ‘millions of consumers’ into enrolling in Prime — FTC

(Reuters) – The Federal Trade Commission filed suit against Amazon.com Inc (NASDAQ:AMZN) Wednesday, charging the retailer with enrolling millions of…

Tesla returns to S&P 500 ESG index with more environmental disclosures

(Reuters) – Tesla (NASDAQ:TSLA) Inc has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the…