Investing.com -- Goldman Sachs reported that China's retail sales growth has weakened over the past year, with nominal growth dropping from 5.0% year-over-year in the first half of 2025 to 2.5% in the second half of 2025 and further to 1.3% in the first half of 2026. The bank noted that real momentum was likely weaker when accounting for higher consumer price inflation.
The government-subsidized consumer goods trade-in program, which had supported retail sales from late... (continue reading...)
Investing.com -- HSBC downgraded Cisco Systems (NASDAQ: CSCO) to Hold from Buy and cut its price target for the stock to $120 from $137 in a note on Friday, saying that while fourth-quarter results were strong, the stock lacks a near-term catalyst.
"Solid results but missing catalyst," analyst Abhishek Shukla wrote, adding that the downgrade reflects "valuation and lack of positive catalysts."
Fourth-quarter non-GAAP operating profit came in 6% above consensus, HSBC... (continue reading...)
NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, today announced its participation in recent and upcoming investor conferences and events.
- Citi’s Natural Resources Conference on August 13th in Las Vegas, NV.
- 15th Annual Needham Virtual Industrial Tech, Robotics, & Power 1x1 Conference on August 17th, held virtually.
- Barclays... (continue reading...)
Investing.com -- Wells Fargo downgraded Roku to Equal Weight from Overweight on Friday, saying the streaming platform's strong second-quarter results had lifted its estimates but left limited upside to its valuation as the company moves toward its planned acquisition by Fox Corp.
Wells Fargo cut its price target to $165 from $167. It values the stock at $96 per share in cash and $69 in Fox stock under the proposed deal, which it expects to close in the first half of... (continue reading...)
Investing.com -- Tesla is targeting an unveiling of its long-delayed next-generation Roadster as early as this month, with a dramatic demonstration of SpaceX-developed cold gas thrusters at the rocket company’s testing site in McGregor, Texas, The Information reported, citing three people familiar with the matter.
Tesla (NASDAQ: TSLA) rose 1.3% in pre-market trading following the report. The Roadster reveal is a rare positive narrative catalyst for a stock that has shed... (continue reading...)
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Evercore ISI comments on SanDisk investor day
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Jefferies sees a buying opportunity in this S&P 500 sector
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JD.com slips as revenue decline outweighs forecast beat
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S&P 500 notches record-high close as rate-hike worries ease
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Pou Sheng sees China sportswear revenue recovery by 2028
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BofA says packaged food price cuts failed to boost volumes
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Jefferies reviews India quick commerce discounting in Bangalore
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Goldman Sachs raises Europe stock earnings forecast to 15%
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Nvidia and Broadcom AI financing deals raise long-term concerns, Wolfe Research comments
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Stifel on Compass Pathways: 'remains on-track to complete the rolling NDA submission for COMP360 in 4Q'
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Trump says press secretary Leavitt to leave job at month's end
