Tag: business news
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This natural gas stock has lots of upside even after U.S.-Iran war ends, JPMorgan says
The investment bank upgraded the gas name to overweight from neutral.
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SpaceX IPO hype has traders flocking to this mid-cap stock
Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock.
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Micron, Marvell, and Broadcom lead chipmakers’ premarket losses
U.S. chipmakers plunged in premarket trading after Broadcom earnings disappointed investors.
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This medtech stock is trading at a discount to peers. BTIG says it’s a buy
Medtronic’s shares are cheap relative to those of its competitors, making now a good time to add the stock to one’s portfolio, per BTIG.
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Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a “close relationship” with Russia.
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Eli Manning’s private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning’s Brand Velocity Capital announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
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India’s viral ‘Cockroach’ party has millions of followers. What investors need to know
A Gen Z-led, social media-first mock political party in India that has amassed millions of followers and is set to hold an in-person protest on Saturday.
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European defense stocks are cooling. Analysts say this top pick could still double
Investors are missing the bigger picture on European defense, Morningstar analysts argued.
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Alex Buckmaster
Alex is an associate producer at CNBC International, working across “Europe Early Edition” and “Squawk Box Europe.”
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Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.
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