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Jan 07, 2025
Evercore downgrades Kraft Heinz on sales headwinds, gross margin risks
Evercore ISI cut its rating on Kraft Heinz (NASDAQ:KHC) stock from Outperform to In-Line and reduced the price target to $35 from the previous $38. The investment bank cited...
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Jan 07, 2025
Warner Bros. Discovery hikes discovery+ subscription by $1/month
-- Warner Bros. Discovery (NASDAQ:WBD) has announced a $1 monthly increase for its discovery+ streaming service in the U.S. Starting today, the ad-supported monthly...
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Jan 07, 2025
Morocco stocks lower at close of trade; Moroccan All Shares down 0.19%
– Morocco stocks were lower after the close on Tuesday, as losses in the Utilities, Banking and Mining sectors led shares lower. At the close in Casablanca, the...
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Jan 07, 2025
How Elon Musk's Space X is looking to gain ground in Italy
MILAN (Reuters) - Billionaire Elon Musk is looking to carve out a role in Italy's telecommunications system by expanding his aerospace business Space X and satellite broadband...
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Jan 07, 2025
Carvana stock jumps as RBC lifts rating to Buy
-- RBC Capital Markets on Monday upgraded Carvana (NYSE:CVNA) shares to Outperform, and lifted the target price to $280 from $270. According to the firm’s analysts,...
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Jan 07, 2025
Bitcoin mining profitability rises for second month in a row: JPM
-- Bitcoin mining profitability marked an increase for the second consecutive month in December, as stated in a research report by JPMorgan (JPM). The report noted...
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Jan 07, 2025
Wall Street leaning toward 3rd year of double-digit S&P 500 gains
-- Wall Street is increasingly optimistic about the S&P 500's performance in 2025, with the potential for a rare third consecutive year of double-digit gains,...
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Jan 07, 2025
JPMorgan outlook for life insurers; upgrades Principal Financial Group
-- JPMorgan maintains a cautious long-term view on the life insurance sector but expects stocks to outperform in the near term. A strong equity market, higher...
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Jan 07, 2025
Enovix stock surges following prepaid order for silicon batteries
-- Enovix Corporation, the battery manufacturer, has seen its stock rise by up to 27% following the receipt of a pre-paid order for its silicon batteries. The...
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Jan 07, 2025
Only 30% of active funds globally outperformed in 2024 - BofA
- Only 30% of active investment funds focused on buying securities to earn a profit from price increases outperformed their benchmarks in 2024, according to analysts...
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