Investing.com -- The Trump-backed World Liberty Financial token ($WLFI) could surge to as much as $1.50 when it becomes tradable, according to Bitrue research analyst Andri Fauzan Adziima. However, he warned that the rally may not last.
“WLFI could skyrocket to $0.50–$1.50 on its mid-2025 listing, driven by Trump’s hype machine and retail FOMO, amplified by X posts calling it ‘patriot crypto’ in a bullish market,” Adziima told Investing.com.
“But without a solid DeFi... (continue reading...)
Investing.com -- Bank of America (BofA) expects Boeing’s aircraft deliveries and production to remain stable following a solid second quarter, supported by improving activity in China and a steady ramp-up of the company’s key programs.
Data from Aero Analysis Partners (AAP) shows Boeing (NYSE: BA) delivered 10 737 aircraft by mid-July. While the number may appear low, it reflects a typical monthly pattern where shipments accelerate in the second half, BofA analysts... (continue reading...)
Investing.com -- Jefferies downgraded both Shake Shack (NYSE: SHAK) and Starbucks (NASDAQ: SBUX) to Underperform in separate notes Thursday, citing stretched valuations, overly optimistic investor expectations, and a lack of near-term fundamental improvement.
On Shake Shack, Jefferies argued that the stock’s rally to all-time highs has “more than reflected” optimism around near-term same-store sales (SSS) recovery and menu innovation.
“Although we acknowledge tangible... (continue reading...)
Investing.com -- Lucid Group (NASDAQ: LCID) stock surged 35% following the announcement of a partnership with Uber Technologies (NYSE: UBER) and Nuro to develop a next-generation autonomous robotaxi program.
The collaboration aims to deploy 20,000 or more Lucid vehicles equipped with Nuro’s Level 4 autonomy system over six years, exclusively for the Uber ride-hailing platform. The first launch is expected in a major U.S. city later next year.
As part of the deal, Uber... (continue reading...)
Investing.com -- JP Morgan warned of a challenging second half for U.S. franchise auto dealers as rising inventory, softening demand and tariffs weigh on the industry, prompting the bank to downgrade several dealer stocks like Group 1 Automotive (NYSE: GPI), Sonic Automotive (NYSE: SAH) and Asbury (NYSE: ABG) Automotive.
Despite a likely round of second-quarter earnings beats, JP Morgan said fundamentals have weakened, and dealer stocks have disconnected from underlying... (continue reading...)
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