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RBC downgrades Applied Therapeutics as FDA rejects Govorestat, hacks price target

-- RBC Capital Markets downgraded Applied Therapeutics Inc (NASDAQ:APLT) stock to "sector perform" from "outperform” citing increased risks after the U.S. Food and...

Aegon gets "buy" rating from BofA, shares up

-- Shares of Aegon (AS:AEGN) rose over 2% on Friday following an upgrade from BofA Securities, revising its rating on the company to "buy" and increased its price...

StoneCo shares dip amid low Linx bids and Brazil market weakness

On Friday, shares of StoneCo (NASDAQ:STNE), a Brazilian financial technology company, declined following revelations that it has received multiple nonbinding offers for its...

JPMorgan is bullish on European hotel stocks, upgrades 2 names

-- JPMorgan analysts have turned bullish on European hotel stocks, signaling optimism for the sector as demand normalizes. The brokerage has upgraded two key names, ...

Investors flock to US equity funds on new Treasury pick

U.S. equity funds experienced a significant influx of cash, with investors injecting $12.78 billion in the week ending November 27. This surge in net purchases marks a considerable...

Meta to build $10B global subsea cable for internet traffic - TechCrunch

Meta Platforms Inc (NASDAQ:META)., the tech giant behind Facebook, Instagram, and WhatsApp, is embarking on an ambitious project to construct a fiber-optic subsea cable that will...

Meta faces trial in October on unfair competition case lodged by Spanish media

MADRID (Reuters) - Facebook owner Meta Platforms (NASDAQ:META) will face a trial in October 2025 in Spain over a 551 million euro ($582 million)complaint lodged by more than 80...

This is when TOPIX and Nikkei 225 are expected to hit new highs

-- Japanese equities are set to reach record highs in the latter half of 2025, according to Citi analysts. The bank predicted in a note Friday that TOPIX will climb...

Volkswagen India hit with $1.4 billion tax evasion notice - Reuters

German car manufacturer Volkswagen (ETR:VOWG_p)'s Indian subsidiary has been served with a tax evasion notice by Indian authorities, alleging the company dodged approximately $1.4...

Auto industry could see annual EBITDA fall 17% amid Trump's tariffs, S&P estimates

The auto industry is facing a potential increase in tariffs on car imports into the United States, which could significantly impact the earnings of European and U.S. carmakers. S&P...

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