General Motors Hit With $102.6 Million Jury Verdict in Class Action Over Defective Engines
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- S&P 500 falls as AI worries hit software makers
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- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
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- After an 18% summer selloff in chip stocks, Citi asks what comes next
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159 Tax Loss Candidates Could Bounce - BofA
October 6, 2022 11:35 AM EDTBofA Securities analyst Savita Subramanian told investors in a note Thursday that "tax loss harvesting season is here."
"Tax loss harvesting for institutional investors became increasingly prevalent after the Tax Reform Act of 1986, which mandated Oct. 31 as the cut-off for most mutual funds to realize capital gains," Subramanian explained. "Weve... More
Morgan Stanley Upgrades Ford (F) to Overweight; Cuts Price Target on General Motors (GM)
October 5, 2022 7:34 AM EDTMorgan Stanley upgraded coverage on Ford Motor Company (NYSE: F) to Overweight (from Equal-Weight) and lowered their price target on General Motors (NYSE: GM) to $30 (from $42) based on valuation and preference.
Analyst, Adam Jonas wrote in a note, Our preference for Ford vis-Ã -vis GM is driven by our views of the business portfolio and strategy. Both... More
