Lucid stock price could be at risk amid strong vehicle depreciation
The Lucid stock price has rebounded in the past few weeks as investors bet on the upcoming Gravity launch. This week, it rose to $3, up over 67% from its…
Stock Futures Lower after S&P 500 futures ticked down 0.18%
Stock futures are trading slightly lower Monday morning as investors gear up for the final month of 2024. S&P 500 futures slipped 0.18%, alongside declines in Dow Jones Industrial Average…
S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%
Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.44%
Investing.com – Taiwan stocks were higher after the close on Wednesday, as gains in the Other Electronic, Biotech & Medical Care and Information Services sectors led shares higher. At the…
GM faces class action in Australia over Holden transmission issues
(Reuters) – Australian law firm Maurice Blackburn said it had filed a class action lawsuit against U.S. carmaker General Motors (NYSE:GM)’ local unit, alleging the transmission systems of certain models…
Jefferies downgrades Nestlé, Danone to ‘underperform’ over growth, margin concerns
Investing.com — Jefferies has downgraded Nestlé and Danone (EPA:DANO) to an “underperform” rating in a note dated Wednesday, reflecting growing concerns over their midterm growth and margin prospects. Analysts at…
Samsung’s preliminary Q4 profit falls far short of estimates as chip issues drag
By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -Samsung Electronics’ preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra…
TeamViewer shares spike after software group says annual revenue topped guidance
Investing.com – Shares in Germany’s TeamViewer AG (ETR:TMV) jumped in early trading on Wednesday after the remote control computer software group said its annual revenue exceeded its guidance range. In…
Time to fade momentum trade, Jefferies says
Investing.com — The momentum factor weakened in December, but more downside can be expected in the first quarter, according to a Jefferies strategist. In a Wednesday note, strategist Steven G.…
Pluxee shares jump 11% on strong Q1 operating revenue growth
Investing.com — Pluxee NV (EPA:PLX) reported 12.1% organic growth in first-quarter operating revenue, beating market expectations, and sending its shares soaring 11% in European trading Wednesday. The French voucher and…