Meta Platforms, Icahn Enterprises, Fisker rise premarket; FMC falls
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Goldman Sachs starts Xpeng (XPEV) at Buy, expects rise in margins and overseas volumes
July 11, 2023 11:03 AM EDTGoldman Sachs initiated coverage on Chinese electric automaker, XPeng (NYSE: XPEV) with a Buy rating and a 12-month price target of $18.10 as analyst Tina Hou expects Chinese auto OEMs overseas sales volume to rise from 2.7mn to 8.5mn in 2022-2030E, driven by leading technology and product competencies of Chinese EV models.
In the... More
Mercedes-Benz doubles EV sales in 2Q
July 11, 2023 9:48 AM EDTGerman luxury automaker, Mercedes-Benz released their second quarter sales results Tuesday, reporting a 6% rise in sales (to 515,700 vehicles) compared to the same time last year. According to Mercedes, Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales more than doubling (123%) to reach 56,300... More
OTR Global Comments on Meta Platforms (META)
July 11, 2023 9:29 AM EDTOTR Global Comments on Meta Platforms (NASDAQ: META)
Said to have commented positive on ad spending growth in Q2 2023... MoreIcahn Enterprises L.P. (IEP) confirms updated term loan agreement between Carl Icahn and banks
July 10, 2023 9:04 AM EDT(Updated - July 10, 2023 9:06 AM EDT)
Icahn Enterprises L.P. (NASDAQ: IEP) disclosed:
On July 10, 2023, Carl Icahn and certain of his affiliates entered into a three-year term loan agreement (the Loan Agreement) with certain bank lenders, which amends and restates previous loan agreements with the lenders and consolidates all borrowings of Mr. Icahn. Neither Icahn Enterprises L.P. ( IEP) nor any of its subsidiaries is a party to the Loan Agreement or the previous loan... More
