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Asian stocks: Nikkei outperforms, China lags on weak PMI

Investing.com-- Most Asian stocks rose slightly on Wednesday with Japan’s Nikkei 225 coming back in sight of record highs, while Chinese markets fell tracking a disappointing reading on service sector

Investing.com

Jul 3, 2024

UBS overweight on China stocks, questions sustainability of “narrow” EM rally

Investing.com-- UBS analysts said they remained overweight on Chinese stocks despite a recent pullback, but questioned whether a recent rally in emerging market stocks could be sustained. The MSCI EM

Investing.com

Jul 3, 2024

US stock futures flat with more Fed signals, labor data on tap

Investing.com-- U.S. stock index futures moved little in evening deals on Tuesday, steadying after a rally in Tesla and encouraging comments from Federal Reserve Chair Jerome Powell spurred record hig

Investing.com

Jul 2, 2024

Tesla's 'mojo' returns, Wedbush elevates price target to $300

Investing.com - Analysts at Wedbush have expressed renewed optimism for Tesla Inc (NASDAQ:TSLA) in a research note on Tuesday, raising their price target from $275 to $300, with a bullish case of $400

Investing.com

Jul 2, 2024

Skydance Media revives deal talks, eyes merger with Paramount Global

Investing.com - Skydance Media, led by David Ellison, son of Oracle (NYSE:ORCL) co-founder Larry Ellison, is reportedly close to finalizing a deal to acquire National Amusements, owned by Shari Redsto

Investing.com

Jul 2, 2024

Rally in bond yields puzzling many, but Macquarie says look no further than Trump

Investing.com -- U.S. Treasury yields remain resilient much to the surprise of many as the current political uncertainty usually stokes buying pressure in bonds, but Macquarie offers up a simple expla

Investing.com

Jul 2, 2024

Apple secures observer role on OpenAI board as part of AI pact - Bloomberg

Investing.com - Phil Schiller, Apple's App Store head and former marketing chief, is set to take on an observer role on OpenAI's board according to Bloomberg, in a significant development that augment

Investing.com

Jul 2, 2024

Stifel: Retail giants' accelerating control of US grocery sales

Investing.com - Analysts at Stifel have shed light on the shifting dynamics of the US grocery market in a reserach note on Monday.The report reveals that retail giants, namely Amazon.com Inc (NASDAQ:A

Investing.com

Jul 2, 2024

Path to US EV adoption lies in affordability and product diversity - Bernstein

Investing.com - Bernstein analysts conducted a comprehensive survey of 1,200 US consumers, aiming to understand their vehicle preferences and purchase intentions.The findings, for the most part, align

Investing.com

Jul 2, 2024

Paramount Global eyes $1.6B deal in potential BET network sale

Investing.com - Paramount Global, the media conglomerate that owns a suite of networks including CBS and MTV, is reportedly engaged in exclusive discussions to divest its Black Entertainment Televisio

Investing.com

Jul 2, 2024

Tesla rallies as Q2 deliveries beat estimates, ease Model 3/Y supply glut jitters

Investing.com -- Tesla reported Tuesday second-quarter electric vehicle deliveries that were better-than-expected, and well above the number of vehicles produced, pointing to improved demand that like

Investing.com

Jul 2, 2024

US Q2 Earnings Set Highest Bar Since 2021 - Goldman

Investing.com - The second quarter earnings season will kick off in earnest over the two weeks, and the strong results in the previous quarter have set consensus expectations very high, according to G

Investing.com

Jul 2, 2024

Morgan Stanley: Hedge Funds trimmed US Semis, quality exposure in June

Morgan Stanley (NYSE:MS) said in a note this week that hedge funds sold equities globally in the week ending June 27th, focusing on North America and Asia excluding Japan. This selling was partially

Investing.com

Jul 2, 2024

Analysts discuss CHWY after Gill stake

Shares of online pet products retailer Chewy (NYSE:CHWY) fell sharply on Monday following the news that stock influencer Keith Gill, known as “Roaring Kitty,” has taken a stake in the company.In a 13G

Investing.com

Jul 2, 2024

Tesla, Carnival, Polestar fall premarket; Paramount Global rises

Investing.com -- U.S. stock futures slipped lower Tuesday, consolidating from record levels ahead of jobs data and a speech from Fed chair Jerome Powell.Here are some of the biggest premarket U.S. sto

Investing.com

Jul 2, 2024

BofA: Don't sell in May and don't go away

The S&P 500 index gained around 3.6% in June, proving the old adage “sell in May and go away” wrong once again, Bank of America (NYSE:BAC) strategists said in a Monday note.Over the past six years

Investing.com

Jul 2, 2024

Goldman: Hedge funds sold global equities at the fastest pace in two years in June

Hedge funds continued to sell global equities for a third consecutive month in June, marking the fastest pace of selling since June 2022, according to Goldman Sachs’ prime brokerage desk. The sales we

Investing.com

Jul 2, 2024

RBC 'nervously' raises S&P 500 year end price target to 5,700

Investment bank RBC Capital Markets raised its year-end 2024 target for the S&P 500 from 5,300 to 5,700, a move it characterized as “a nervous raise.”RBC strategists now predict a 19.5% gain from

Investing.com

Jul 2, 2024

FTSE 100 down; U.K. shares mixed at market open

Investing.com - U.K. equities started with gains on Tuesday, with falls in majority of sectors, the most notable ones being the Industrial Transportation, Food & Drug Retailers and Travel & Le

Investing.com

Jul 2, 2024

Goldman Sachs adds Tencent to APAC conviction list, Kuaishou out

Investing.com-- Goldman Sachs (NYSE:GS) added Chinese internet giant Tencent to its APAC Conviction List- a list of 20-30 stocks it is bullish on in the region, while removing social media firm Kuaish

Investing.com

Jul 2, 2024

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