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Dec 16, 2024
BofA upgrades Ambarella to ‘neutral’
--BofA Securities upgraded Ambarella Inc (NASDAQ:AMBA) to “neutral” from “underperform,” with the price target raised to $80 from $65, on expected growth...
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Dec 16, 2024
Loop Capital upgrades Netflix to 'buy' on subscriber growth, content pipeline
--Loop Capital upgraded Netflix Inc (NASDAQ:NFLX) to "buy" from "hold," given its robust subscriber growth, mid-teens revenue growth, and a strong slate of upcoming...
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Dec 16, 2024
Tesla, Avago lead market cap stock movers on Monday
Monday's market has seen significant movements in various stocks, with mega-cap names like Avago Technologies (NASDAQ:AVGO) and Tesla Motors (NASDAQ:TSLA) experiencing...
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Dec 16, 2024
Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event
By Jeff Mason and Steve Holland PALM BEACH, Florida (Reuters) -President-elect Donald Trump, with SoftBank (TYO:9984) Group CEO Masayoshi Son at his side, announced on Monday that...
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Dec 16, 2024
Retail sales and industrial production data to shape Tuesday's markets
As traders approach another pivotal day for financial markets, Tuesday, December 17, 2024, brings a series of crucial economic data releases that could sway market dynamics. The...
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Dec 16, 2024
Heico, Worthington Industries set to report earnings Tuesday
Earnings season continues, and we're here to spotlight the companies expected to unveil their financial results in the upcoming trading day. Leading the charge are Heico Corp ...
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Dec 16, 2024
Shein weighs sale of less than 10% of company in London IPO, sources say
By Julie Zhu and Anousha Sakoui HONG KONG/LONDON (Reuters) -Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its...
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Dec 16, 2024
Ukraine reiterates it will end Russian gas transit on Dec. 31
The Ukrainian government has announced that it will not renew its agreement with Russia regarding the transit of Russian gas through Ukraine, with the current contract set to...
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Dec 16, 2024
Mexican regulator threatens more fines if Walmex fails to comply with ruling
MEXICO CITY (Reuters) -Mexico's antitrust watchdog Cofece said it could fine Walmart (NYSE:WMT)'s local unit Walmex up to 8% of its income if it does not comply with a resolution...
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Dec 16, 2024
Arm and Qualcomm kick off trial over AI PC chips
By Tom Hals and Max A. Cherney WILMINGTON, Delaware (Reuters) -A legal battle between Arm and Qualcomm (NASDAQ:QCOM) that could disrupt a wave of artificial intelligence PCs began...
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