GraniteShares ETFs Announces Name Change and Investment Objectives on some of its Short and Leveraged ETFs
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- 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
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Tesla (TSLA) recalls 1.62M units in China
January 5, 2024 8:47 AM ESTThe China State Administration for Market Regulation revealed Friday that electric automaker, Tesla (NASDAQ: TSLA) will recall 1.62 million vehicles in the country. The recall follows two others that were enacted in the United States in December.
The U.S. automaker will release an... More
NVIDIA (NVDA) free cash flow generation creates new opportunity - BofA
January 5, 2024 8:29 AM ESTNVIDIA's (NASDAQ: NVDA) $100bn in CY24/25E free cash flow generation creates a new opportunity for the company, according to BofA analyst Vivek Arya, who maintained a Buy rating and $700 per share price target on the stock in a note Friday.
Arya also... More
Top 10 fintech ideas for 2024
January 4, 2024 3:25 PM ESTDeutsche bank released their Top 10 financial ideas for 2024, noting investor concern surrounding the stability of the overall economy as well as raised interest rates, inflation, and pricing competition. However, Fintech stocks experienced a notable upturn in the final two months of 2023, fueled by optimism for a gradual recovery and an imminent bounce back.
We believe that leading fintech players are well positioned to outperform in most economic environments given their resilient business models that benefit from both PCE and secular tailwinds, writes Deutsche Bank analysts in a note.
Volume recovery
Deutsche Bank is... More
Wolfe downgrades Rivian (RIVN) ahead of R1 production ramp
January 4, 2024 10:04 AM ESTWolfe Research downgraded Rivian Automotive (NASDAQ: RIVN) to Peer Perform (From Outperform) and removed their $33.00 price target on the stock as the company prepares to ramp R1 capacity at their facility in Normal, IL.
During 2023, Rivian reached a significant turning point in its operations, overcoming production hurdles and increasing production from 9,400 vehicles in Q1 to 17,500 vehicles in Q4.
Analysts at Wolfe suggest that a majority of the... More
