Tag: business news
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Warsh’s rate decision is a cliffhanger. These trades might offer a clue
It’s arguably the most up-for-grabs Federal Reserve decision in recent memory.
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Wells Fargo says this software stock can surge 85% after getting hit earlier in the year
The bank hiked its price target on the stock by $280, raising it to the most bullish level on Wall Street.
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Procter & Gamble revenue misses estimates as volume stays unchanged
Procter & Gamble reported quarterly earnings per share that topped Wall Street’s estimates, but its revenue fell short of expectations.
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This social media platform will thrive as AI grows, KeyBanc says
The bank initiated coverage on the stock with a belief that it can reach sustained 30% annual revenue growth in the future.
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Warren probes Pentagon program to hire highly paid private sector workers
Sen. Elizabeth Warren, D-Mass., said she is concerned about a Pentagon program to pay high salaries to Wall Street recruits.
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‘PR problem’ is standing in the way of China’s humanoid robot boom, says Morgan Stanley
Its analysts have tempered optimism on the sector, writing that the robot industry faces several headwinds that could slow growth.
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UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
The Swiss banking gian reported pre-tax profits of $3.6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.
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Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout
Korean retail investors have racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year.
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Britain tried war bonds before — and savers paid the price
Proposals for the U.K. to finance extra spending on defense by issuing “war bonds” may bring back some unhappy memories.
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BTS’ concerts have been so successful, it’s now bad for its own agency Hybe’s shares
Shares of Hybe tanked 16.09% on Tuesday, marking its worst day since June 2022. It then extended losses to tumble as much as 16.31% on Wednesday.
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