‘After the Fed put, comes the China put:’ Barclays
Investing.com — Equity markets have been on the rise recently, with cyclical stocks outperforming defensive ones for the first time since May. The surge followed a substantial 50 basis point…
Citi sees risk into PepsiCo’s earnings, says shares could fall
Investing.com — Citi analysts see potential downside risk for PepsiCo (NASDAQ:PEP)’s stock ahead of its third-quarter earnings report on October 8, forecasting a miss on organic sales growth (OSG). As…
India stocks lower at close of trade; Nifty 50 down 0.14%
Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, Banking and Fast Moving Consumer Goods sectors led shares lower. At the close…
Toyota to recall over 42,000 vehicles over loss of power brake assist, NHTSA says
(Reuters) – Toyota Motor (NYSE:TM) Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop, the National Highway Traffic…
Exclusive-Germany’s finance minister underscores concern over Commerzbank takeover approach to Italy, say sources
By John O’Donnell BERLIN (Reuters) -Germany’s finance minister has underscored to Italy’s Treasury his concerns over any hostile takeover of Commerzbank (ETR:CBKG) by Italy’s UniCredit in recent days, according to…
Wall Street banks see 7-10% upside left in China stocks
Investing.com — According to HSBC analysts, China stocks still have the potential for a 7-10% upside by the end of 2024, driven by new policy tools and fiscal support from the…
ServiceNow stock is severely overvalued – rating downgrade
ServiceNow (NOW) stock price has done well, rising by 26% this year and by 243% in the last five years. It has also risen by 1,385% in the last decade,…
Worldcoin (WLD) rises 17% despite bearish trends: here’s why
Cryptocurrencies appear calm, with slight 24-hour price movements, as Bitcoin failed to solidify beyond $64,000 after the latest leg up. While top altcoins present mixed signals amid emerging bearishness, AI…
Palm oil no longer the world’s cheapest edible oil amid rising costs
Palm oil, once the world’s cheapest edible oil, has seen a significant price shift, largely driven by reduced output from key producers and an ample supply of alternatives. The price…
Moo Deng memecoin skyrockets to $100 million as hippo meme captures global attention
The Solana-based Moo Deng memecoin has rapidly gained attention, crossing the $100 million market capitalization mark on Thursday, according to CoinMarketCap data. This Thai-themed token, inspired by a newborn hippo…