Morgan Stanley cuts price target on Rivian as challenges evolve; reiterates Overweight

Morgan Stanley reiterated an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and cut the price target on the stock to $24.00 (From $26.00)…

Tesla Q1 earnings preview: Margins in focus after recent price cuts

Tesla (NASDAQ:TSLA) is due to report earnings on Wednesday after market close with analysts expecting the electric vehicle (EV) maker…

HSBC top shareholder renews call for breaking up of bank

HONG KONG (Reuters) – Top shareholder of HSBC renewed its call for breaking up of the Asia-focused bank on Tuesday,…

Alphabet shares fall on report Samsung may dump Google Search for Bing

(Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics (OTC:SSNLF) was…

Apple to benefit from AI search wars – BofA

Alphabet (NASDAQ:GOOGL) shares fell 2.7% yesterday on the New York Times report that the world’s largest smartphone producer Samsung (KS:005930)…

UK regulator probes Amazon’s planned purchase of iRobot

(Reuters) – Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc (NASDAQ:AMZN)’s planned…

Seven & i Holdings opposes board nominees backed by ValueAct Capital

Japanese retail giant Seven & i Holdings Co will oppose all four board director candidates nominated by ValueAct Capital, it…

Norway wealth fund welcomes government request on unlisted equities

Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, welcomed on Tuesday the government’s request that it…

Exclusive-Airbus delays some 2024 deliveries, keeps output goals

Airbus has started notifying airlines about delivery delays in 2024 for its best-selling A320neo family of jets, with several hundred…

5 big analyst picks: Nvidia stock gets huge upgrade to Buy | Pro Recap

Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday’s close: Nvidia’s double…