Tag: business news
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Buy the dip on this Chinese EV maker that’s poised for a comeback, says Goldman Sachs
The investment bank upgraded the EV name to buy from neutral.
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Stocks could get hit by a seasonal correction, Oppenheimer warns
Oppenheimer warned there is the “risk of a seasonal correction” taking the S&P 500 all the way back toward 7,000.
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New drug data could lift shares of this biotechnology stock, Truist says
Biogen could see more upside if it publishes positive results from recent trials linked to kidney and Alzheimer’s treatments, Truist Securities says.
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We’re buying more of Jim Cramer’s new favorite chip stock on the dip
We’re picking up more shares, consistent with the game plan we laid out in Friday’s Morning Meeting.
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Goldman Sachs picks two stocks that could benefit from a chip designer shortage
A structural shortage in labor supply across the semiconductor industry means the firms could be uniquely placed to grow EDA revenues.
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American Express is a buy despite its expensive valuation, JPMorgan says
The investment bank upgraded American Express to overweight from neutral.
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Kalshi launches ‘Pro’ product for users trading multiple markets at same time, perpetual futures
The platform is designed to alleviate problems the company’s most active traders have run into, according to a memo provided to CNBC.
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Hoka’s parent stock has lagged the broader market. Jefferies sees strong gains ahead
The investment firm upgraded the stock to buy from hold.
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Chinese EV makers are outpacing U.S. automakers in overseas investments
China has a saturated domestic market, which has led Chinese companies to look elsewhere to sell electric vehicles.
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Europe’s Anduril rival Helsing raises $1.8 billion at $18 billion valuation
Helsing said “investor demand significantly exceeded the available allocation” for its $1.8 billion funding round.
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