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Nov 18, 2024
CVS jumps on report it will add to board in deal with hedge fund Glenview
 Shares of CVS Health (NYSE:CVS) rose 2.8% in premarket trading on Monday following a report from the Wall Street Journal that the company will expand its board as...
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Nov 18, 2024
Morning Bid: Bruised Wall Street keeps wary eye on Nvidia
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths...
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Nov 18, 2024
Equity market pullback could have -5% to -9% downside, Evercore says
 The U.S. equity market faces a potential pullback of 5% to 9% in the near term, according to Evercore ISI analysts on Monday, citing a combination of macroeconomic...
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Nov 18, 2024
Spirit Airlines files for bankruptcy, plans major debt restructuring
Spirit Airlines , Inc. (NYSE:SAVE) has filed for Chapter 11 bankruptcy protection as part of a prearranged restructuring plan aimed at reducing its debt burden...
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Nov 18, 2024
Nvidia's Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) - Nvidia (NASDAQ:NVDA) has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace of growth,...
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Nov 18, 2024
Xiaomi shares surge on robust EV sales and revenue jump
Xiaomi (OTC:XIACF) Corp reported a significant increase in third-quarter revenue, driven by strong consumer demand for its inaugural electric vehicle, the SU7 sedan. The revenue...
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Nov 18, 2024
Enel raises 2027 targets, boosts capex; Jefferies reiterates 'buy'
Enel's (ETR:ENEI) updated 2025-2027 guidance posted a mixed yet cautiously optimistic outlook.  The utility giant projects an EBITDA range of €22.9-23.1 billion...
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Nov 18, 2024
UBS says S&P 500 returns in 2025 likely to be 'backloaded'
UBS strategists see the S&P 500 index ending the 2025 year at around 6,400. This would mark an approximate 9% increase from the current levels, with returns “being...
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Nov 18, 2024
India stocks lower at close of trade; Nifty 50 down 0.30%
– India stocks were lower after the close on Monday, as losses in the Technology, Oil & Gas and Fast Moving Consumer Goods sectors led shares lower. At the close in...
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Nov 18, 2024
'Elon Premium' boosts Tesla, but also presents risk, says Barclays
The recent rally in Tesla (NASDAQ:TSLA) shares serves as a reminder of the significant “Elon Premium” in the carmaker’s stock, Barclays (LON:BARC) strategists...
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