S&P 500 rides tech higher as Treasury yields take breather
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Unifor sets their sights on GM as next bargaining 'target'
September 25, 2023 2:57 PM EDTCanadian union Unifor wasted no time in setting its sights on the next bargaining challenge, announcing General Motors (NYSE: GM) as its second "target" in contract talks with the Detroit Three. This strategic move comes just a day after the union successfully ratified a new... More
EU ministers reach compromise on vehicle emission regulations
September 25, 2023 2:37 PM EDTEuropean Union ministers reached a consensus on Monday to modify a European Commission proposition concerning new vehicle regulations. The decision came after eight countries, including France and Italy, expressed concerns that the proposed changes might redirect investments away from the electric vehicle industry.
The European Union has been progressively tightening emissions standards for road vehicles since 1992. The Commission's... More
Apple (AAPL) 'iPhone 15 demand continues to outpace supply' - Morgan Stanley
September 25, 2023 9:23 AM EDTMorgan Stanley analyst Erik Woodring told investors in a note Monday that Apple (NASDAQ: AAPL) iPhone 15 lead times have extended to record highs across all models.
The analyst, who has an Overweight rating and a $215 price target on the stock, said that as of Friday, September... More
Ford (F) is making strides but says 'significant gaps' remain in UAW labor talks
September 25, 2023 8:21 AM EDTFord Motors (NYSE: F) revealed this past Sunday that while negotiations between the Detroit automaker and the United auto Workers (UAW) union have made strides in certain areas, they still have "significant gaps to close" on key economic issues before they can finalize a fresh labor agreement.
The "issues are interconnected and must work within an overall agreement... More
