Don’t look now, but the technology part of the market could be in real trouble.
Category: Top Stories
Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Spotify Walmart, Nio, Broadcom Roblox & more
Here are Monday’s biggest calls on Wall Street.
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company’s works council […]
Boeing launches offering to raise roughly $19 billion to shore up finances
Boeing on Monday launched a stock offering that could raise roughly $19 billion as the planemaker looks to strengthen its finances.
Robinhood jumps into election trading, giving users chance to buy Harris or Trump contracts
Users can trade a Kamala Harris or Donald Trump contract starting Monday.
Wells Fargo names Spotify a top pick, sees more than 20% upside
A “compelling” margins backdrop for Spotify has positioned it for more gains ahead, according to Wells Fargo.
Oil prices slide more than 4% after Israel’s ‘limited’ attack on Iran seen as not disrupting supplies
Oil prices slid over 4% on Monday after Israel’s limited missile strikes on Iran over the weekend.
China’s industrial profits plunge at fastest pace since the pandemic
The country’s industrial profits declined 27.1% year-on-year in September.
McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak
The Colorado Department of Agriculture’s testing did not detect E. coli in samples of the beef patties taken from McDonald’s restaurants in the area.
Buy this tech firm that’s quietly automating warehouses with robots, say Berenberg and Citi — giving it 50% upside
Investment banks say investors should pick up the stock during a temporary downbeat mood across the sector.