Stocks were falling as investors await direction from the Fed on rates

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Will the EU postpone Brexit tariffs on EVs?

September 18, 2023 1:45 PM EDT

The European Union is hesitant to grant Britain's request for a postponement of impending tariffs on electric vehicle sales, as indicated by the United Kingdom's automotive industry association on Monday. Despite this, car manufacturers maintain a positive outlook, believing that a delay in implementing these tariffs can still be negotiated.

As per the terms of the Brexit trade agreement, starting in January, the... More

'Too soon' to declare Arm Holdings (ARM) an AI winner says Bernstein

September 18, 2023 9:45 AM EDT

Bernstein analyst Sara Russo initiated Arm Holdings (NASDAQ: ARM) shares at Underperform with a $46 price target in a note Monday.

Russo told investors that while the expectations Arm will be a beneficiary from AI growth may be adding a premium to the share price,... More

Planet Fitness (PLNT) PT Lowered to $66 at Piper Sandler Following CEO Exit, Says 'We View as Positive Strategically Despite Risks'

September 15, 2023 3:28 PM EDT

Piper Sandler analyst Peter Keith lowered the price target on Planet Fitness (NYSE: PLNT) to $66.00 (from $78.00) while maintaining a Overweight rating.

The analyst comments "We were surprised by the rapid change in management that PLNT announced today, with an immediate departure of... More

Unions call for one-day strike at Stellantis (STLA) plant in Italy

September 15, 2023 2:20 PM EDT

On September 18, unions, including UILM, FIM-CISL, Fismic, and Uglm called for a one-day strike at Stellantis' (NYSE: STLA) Melfi plant in southern Italy in response to the carmaker's lack of communication regarding its future production plans at the facility.

In June, the Franco-Italian company had revealed its intention to... More