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Investing.com is a financial markets platform providing real-time data, quotes, charts, financial tools, breaking news and analysis across 250 exchanges around the world in 44 language editions. With more than 46 million monthly users, and over 400 million sessions, Investing.com is one of the top three global financial websites according to both SimilarWeb and Alexa.
Microsoft flags $0.8M writedown on stake in GM-backed Cruise
Investing.com -- Microsoft Corporation (NASDAQ:MSFT) said Wednesday it would take a $800 million writedown in Q2 on its stake in General Motors-backed robotaxi firm Cruise just a day after the automaker announced it would halt funding for robotaxi production.
Dec 12, 2024
Bank of America inches after touting better-than-expected Q4 net interest income
Investing.com -- Bank of America inched higher on Wednesday after chief executive Brian Moynihan forecast better-than-expected net interest income and talked up the bank's deals pipeline. Bank of Amer
Dec 11, 2024
Barclays cuts homebuilding stocks on flattening home prices, elevated incentives
Barclays (LON:BARC) on Wednesday downgraded the ratings of some U.S. homebuilding stocks DR Horton Inc (NYSE:DHI), Lennar Corporation (NYSE:LEN), PulteGroup Inc (NYSE:PHM) and KB Home (NYSE:KBH)
Dec 11, 2024
GM’s Cruise exit frees up cash for buybacks
Investing.com -- General Motors is ending its autonomous vehicle development at its majority-owned, Cruise business, a move expected to save the company over $1 billion annually.“While it’s unclear wh
Dec 11, 2024
UBS flags concerns for Aena, cuts rating
Investing.com -- Shares of Aena SME SA (BME:AENA) fell on Wednesday after UBS downgraded the stock to "neutral" rating from a "buy."UBS analysts based their revised outlook on several factors that tem
Dec 11, 2024
Morgan Stanley sees airline stocks propelled by demand, favourable fuel cost
Investing.com -- U.S. airline stocks are set to propel in 2025, with tailwinds like robust demand, disciplined capacity growth, and favourable fuel prices aligning to boost sector’s profitability. M
Dec 11, 2024
Albertsons ends merger with Kroger after court blocks
Albertsons Companies (NYSE:ACI) announced today that it has terminated its merger agreement with Kroger Company (NYSE:KR) following injunctions from both the U.S. District Court in Oregon and the Ki
Dec 11, 2024
Macy's warns of 'material weakness' in internal control, cuts outlook; stock falls
Investing.com -- Macy’s Inc (NYSE:M) disclosed a “material weakness” in its internal controls for financial reporting, specifically related to manual journal entries for delivery expenses and certain
Dec 11, 2024
Barclays downgrades US homebuilder stocks as risk-reward turns more balanced
Investing.com -- Barclays (LON:BARC) analysts on Wednesday cut ratings on several homebuilder stocks, including DR Horton (NYSE:DHI), Lennar Corp (NYSE:LEN)., PulteGroup Inc (NYSE:PHM), and KB
Dec 11, 2024
Figs reportedly gets a takeout bid from Story3 Capital Partners, shares jump
Investing.com -- Story3 Capital Partners (WA:CPAP) has proposed taking Figs Inc (NYSE:FIGS) private, a spokesperson for the private equity firm told Reuters on Tuesday, highlighting concerns a
Dec 11, 2024
Cemex stock downgraded amid US-Mexico trade risks
Investing.com -- RBC Capital Markets has downgraded Cemex SAB de CV (NYSE:CX) to "underperform," citing heightened risks tied to the company's heavy reliance on the U.S.-Mexico trade relationship. The
Dec 11, 2024
Dave&Buster stock slumps after results, CEO exit, analyst dowgrades
Investing.com -- Shares in Dave&Buster’s Entertainment (NASDAQ:PLAY) plummeted sharply Wednesday after the company announced the exit of CEO Chris Morris and reported disappointing third-quarter r
Dec 11, 2024
BP not delivering expected numbers, Barclays says
Investing.com -- BP (NYSE:BP)’s numbers are not meeting expectations set under the company’s “re-imagining energy” strategy introduced in 2020, according to Barclays (LON:BARC) analysts.The energy
Dec 11, 2024
What to expect from China’s CEWC amid increased stimulus talk
China is set to kick off a two-day annual meeting of Communist Party leaders from Wednesday, with the conference expected to provide more cues on the country’s plans for stimulus.
Dec 11, 2024
Q32 Bio: Oppenheimer slashes price target on mixed trial results
Investing.com-- Oppenheimer slashed its price target on Q32 Bio Inc (NASDAQ:QTTB) after the firm released mixed results from two ongoing phase 2 trials for its Bempikibart treatment.Oppenheimer slashe
Dec 11, 2024
Wolverine World Wide: Stifel upgrades to Buy on improving 2025 prospects
Investing.com-- Stifel upgraded its rating on Wolverine World Wide Inc (NYSE:WWW), with the footwear maker set for strong earnings growth in 2025 and beyond as recent stabilization and balance she
Dec 11, 2024
Victoria’s Secret gets UBS upgrade as turnaround gains traction
Investing.com -- Victoria’s Secret&Co has been upgraded to "neutral" from "sell" by UBS, reflecting growing confidence in the retailer’s turnaround under its new CEO. The investment bank also raised its price target for the stock to $47, up from $18.
Dec 11, 2024
Bearish bets on EUR/USD attractive again after latest fightback: BofA
Investing.com -- The euro has been fighting back against the dollar, following its a post-U.S. election ride lower, but Bank of America (NYSE:BAC) says now is the time to to renew bearish bets on the single currency again.
Dec 11, 2024
India's growth outlook: slow start to 2025 but optimism beyond
Investing.com -- India’s economy is expected to navigate a slow start to 2025 but remains on track for steady medium-term growth, according to a BofA Global Research note.
Dec 11, 2024
JPMorgan briefly spikes after top executive touts better-than-expected Q4 growth
Investing.com -- JPMorgan briefly spiked Tuesday after a top executive touted a strong outlook for the fourth quarter and year ahead.JPMorgan Chase&Co (NYSE:JPM) jumped before paring gains to trad
Dec 10, 2024
