Microsoft and Alphabet earnings, Fed decision ahead - what's moving markets

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Major automakers unite to form new EV charging company in the US

July 26, 2023 11:30 AM EDT

A group of major automakers, including General Motors (NYSE: GM), Stellantis (NYSE: STLA), Hyundai and its Kia affiliate, Honda (NYSE: HMC), BMW and Mercedes Benz, announced Wednesday that they are forming a new company to provide electric vehicle charging in the United States.

The new charging company... More

Meta Platforms (META) upgraded at New Street Research following positive AI feedback

July 25, 2023 9:54 AM EDT

New Street Research upgraded Meta Platforms (NASDAQ: META) to Buy from Neutral, raising its price target for the stock to $350 from $285 in a note to clients Tuesday.

The firm's analyst, Dan Salmon, told investors that the upgrade follows the release of Llama 2... More