Here are Friday’s biggest calls on Wall Street.
Month: January 2025
Foreign phone sales plunge 47% in China spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.
Trump says Britain is ‘making a very big mistake’ with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to “open up” the North Sea and get rid of “windmills.”
Raymond James upgrades Block to outperform on renewed confidence in stock’s 2025 growth story
Shares of Block could rise another 33% as the company’s growth accelerates in 2025, according to Raymond James.
Jefferies upgrades Las Vegas Sands to buy, calls for a gain of more than 35%
Las Vegas Sands stands to benefit from the Chinese government’s new efforts to boost the nation’s economy, according to Jefferies.
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.
Stock futures are little changed after a rocky start to 2025: Live updates
Wall Street is coming off a choppy trading session, with investors taking profits in some notable 2024 gainers such as Apple and Tesla.
Hindenburg Research shorts Carvana, calling company’s turnaround a ‘mirage’
The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia […]
Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor’s handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.
Meta replaces Global Affairs President Nick Clegg with Joel Kaplan ahead of Trump inauguration
It’s the latest sign of how tech companies are positioning themselves for a new administration in Washington.