Street call of the week
Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments.…
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5 big analyst AI moves: SMCI rating suspended, ARM stock downgraded
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade…
These analysts say Trump’s tariffs could be “economically damaging”
Investing.com — Republican presidential candidate Donald Trump’s tariff proposals have the potential to be economically “damaging” unless they are offset by sufficiently large fiscal measures, according to analysts at BCA Research.…
VW cost cutting necessary after ‘decades of structural problems’, CEO tells paper
BERLIN (Reuters) – Volkswagen (ETR:VOWG_p)’s planned cost-cutting programme was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver Blume said in an interview published…
NVIDIA to replace Intel in Dow Jones Industrial Average
After the close of trading on Friday, S&P Dow Jones Indices announced that AI giant NVIDIA Corporation (NASDAQ:NVDA) will replace Intel Corporation (NASDAQ:INTC) in the Dow Jones Industrial Average. The change…
Earnings call: Mercer International posts mixed Q3 results amid market shifts
Mercer International Inc. (NASDAQ: NASDAQ:MERC) reported a mix of positive and negative financial outcomes in its third-quarter earnings call for 2024. President and CEO Juan Carlos Bueno and CFO Richard…
Trump says he would charge Stellantis 100% tariff if it moves jobs to Mexico
WARREN, Michigan (Reuters) – Republican presidential candidate Donald Trump said on Friday that if he is elected he would put a 100% tariff on Stellantis (NYSE:STLA) if the automaker tried…
Earnings call: TDS US Cellular reveals Q3 2024 financial growth
TDS US Cellular (NYSE: USM) reported its third-quarter 2024 earnings on October 24, 2024, with key financial results and strategic initiatives indicating a period of growth and strategic transactions. The…
Another US oil refinery to vanish with Lyondell Houston plant closing
By Erwin Seba HOUSTON (Reuters) – Chemical maker LyondellBasell Industries (NYSE:LYB) on Friday detailed its long-announced plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first…
Novartis CEO ‘very confident’ on sales target, doesn’t fear patent cliff – newspaper
ZURICH (Reuters) – Novartis (SIX:NOVN) expects to increase its annual sales by least 5% per year in the coming years, CEO Vas Narasimhan said in an interview on Saturday, with…