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Business

FedEx Soars 5 percent Following Jefferies’ Upgrade

Jefferies analysts upgraded FedEx (NYSE:FDX) from Hold to Buy, assigning a new price target of $275, slightly down from the previous $300, but reflecting...

UBS Upgrades Steel Dynamics to Buy, Shares Gain 3 percent

Steel Dynamics (NASDAQ:STLD) shares rose more than 3% today after UBS upgraded the stock from Neutral to Buy, maintaining a $149 price target, as...

HSBC Considers Outsourcing Fixed-Income Trading Operations to Curb Rising IT Costs

Introduction HSBC Holdings PLC (LON:HSBA) is reportedly exploring the possibility of outsourcing portions of its fixed-income trading operations as it faces escalating technology investment costs....

Alibaba to Reboot Hiring Amid Renewed Confidence, but Cautions on U.S. AI Investments

Introduction Alibaba Group Chairman Joe Tsai announced on Tuesday that the company will resume hiring, signaling a turnaround in confidence following a pivotal meeting between...

Momentum Sell-Off in the S&P 500: Structural Shifts and Policy Uncertainty Ahead

Introduction Recent market activity suggests that the relief rally in the S&P 500 may be short-lived. According to JPMorgan analysts, the Long Momentum factor has...

U.S. Stocks Close Higher, Eyes on Flash PMI and Inflation Data

Introduction U.S. equities ended slightly higher on Friday, breaking a four-week losing streak amid lingering concerns over trade tensions, recession risks, and weakness in large-cap...

Bitcoin as a Top Tech Stock: Standard Chartered’s “Mag 7B” Analysis

Introduction Standard Chartered has recently presented a provocative analysis suggesting that Bitcoin (BTC) may deserve a position among the world’s top tech stocks rather than...

BofA Warns Trend-Following CTAs Could Increase Short Exposure in U.S. Equities

Introduction Bank of America (BofA) has raised concerns that trend-following strategies may continue to pressure U.S. equities in the near term. According to BofA’s models,...

Cathie Wood’s Bullish Outlook: Tesla Targeted at $2,600 in Five Years

Introduction In a recent Bloomberg interview, Cathie Wood of Ark Investment reaffirmed her bullish stance on Tesla (NASDAQ: TSLA), forecasting that the electric vehicle maker...

U.S. Stock Rally Boosted by Narrower Tariff Outlook and Fed Cues

Introduction U.S. markets closed higher on Monday as investors reacted positively to news that upcoming trade tariffs will be narrower and less disruptive than initially...

Oil Prices Steady Amid Tariff Developments and Global Trade Concerns

Oil prices remained relatively unchanged on Tuesday as investors weighed the impact of newly announced U.S. tariffs on countries importing Venezuelan oil and grappled...

JPMorgan and Walmart Team Up to Accelerate Embedded Payments

JPMorgan Chase and Walmart are partnering to enhance payment processing for merchants on Walmart’s expansive marketplace platform. This collaboration aims to streamline cash flow...

Bitcoin’s Strong Fundamentals Meet Technical Challenges, While Gold Outperforms

Cantor Fitzgerald analysts have noted that despite an exceptionally strong fundamental case for Bitcoin—boosted by increased corporate adoption and favorable regulatory developments—technical indicators suggest...

UBS Encourages Buying U.S. Equities at 10 percent Pullback

UBS analysts are urging investors to take advantage of the recent equity pullback in the U.S., noting that historical data shows buying the S&P...

UBS Sees Superior Risk-Reward in U.S. AI Stocks Over Chinese Counterparts

UBS analysts believe that U.S. AI stocks offer a notably superior risk-reward profile compared to their Chinese peers. The report cites several key factors...

Trump’s Tariff Plans Ease, Asian Markets Brace for Impact

Reports indicate that U.S. President Donald Trump could unveil a more targeted tariff plan on April 2—eschewing broad, industry-wide measures for a selective approach...

Alibaba Chair Warns of a Potential Bubble in AI Datacenter Construction

At the recent HSBC Global Investment Summit in Hong Kong, Alibaba Chair Joseph Tsai raised concerns about a growing bubble in the construction of...

Cognizant Accelerates AI Adoption with NVIDIA Collaboration

Cognizant (NASDAQ:CTSH) is driving forward its AI transformation, unveiling a suite of advancements built on NVIDIA AI that aim to boost the cross-industry adoption...

Asian Markets Maintain a Narrow Range Amid Tariff Optimism and Mixed Economic Signals

Most Asian stocks extended recent gains on Tuesday as investors digested reports that President Donald Trump’s April 2 tariffs will be less severe than...

Tesla’s European Sales Slump Highlights Growing Competition and Brand Challenges

Tesla’s European performance took a significant hit in February, with new car registrations in the EU, EFTA, and the UK falling 40.1% year-on-year to...

President Trump Hails Hyundai’s $21 Billion U.S. Investment as Triumph of America-First Policies, CWEB News Reports

CWEB News Exclusive – In a landmark announcement at the White House, President Donald Trump joined executives from Hyundai Motor Group (HYMTF) to celebrate...

Walmart Revamps Convenience Stores and Fuel Network in Aggressive U.S. Expansion: CWEB Analysts

Walmart Targets 450+ Locations by End of 2024 CWEB Analysts Report – Walmart (NYSE: WMT) announced plans on Wednesday to open or remodel over 45...

CWEB Analysts Spotlight: PepsiCo’s $1.95 Billion Poppi Acquisition Accelerates Health-Consistent Strategy

PepsiCo Targets Health-Conscious Consumers with Poppi Buy CWEB News – In a strategic move to capitalize on shifting consumer preferences, PepsiCo (PEP)  announced Monday its...

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Sees Optimistic Growth and Expansion

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) has shown significant growth with a 37.9% increase in the number of hotels year-over-year and plans for further expansion. The consensus...

MannKind Corporation’s Capital Efficiency Stands Out Among Peers

MannKind Corporation (NASDAQ:MNKD) showcases a positive Return on Invested Capital (ROIC) to Weighted Average Cost of Capital (WACC) ratio, indicating efficient capital utilization. Competitors like...

Alkermes plc (NASDAQ:ALKS) Outperforms Peers in Capital Utilization

Alkermes plc (NASDAQ:ALKS) showcases a robust Return on Invested Capital (ROIC) of 22.09% against a Weighted Average Cost of Capital (WACC) of 7.02%, indicating...

McCormick & Company, Inc. (NYSE:MKC) Q1 2025 Earnings Preview

Analysts expect earnings per share (EPS) to be $0.64, with projected revenue of approximately $1.61 billion. Despite a 4.5% decrease in the earnings estimate, there's...

CURRENC Group Inc. (NASDAQ: CURR) Earnings Preview and Financial Health Analysis

Earnings per share (EPS) is predicted to be -$0.05 with projected revenue of approximately $9.8 million. The company's price-to-earnings (P/E) ratio stands at -24.65, indicating...

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Earnings Preview and Financial Analysis

Atour Lifestyle Holdings Limited, trading as (NASDAQ:ATAT), is set to release its quarterly earnings with an anticipated EPS of $0.30...

Wag! Group Co. (NASDAQ:PET) Earnings Report Highlights

Earnings per Share (EPS) matched the estimated -$0.08, with revenue aligning with the forecast at $15.8 million. PET's price-to-sales ratio of 0.13 suggests the stock...

Commerzbank AG (CRZBY) Quarterly Earnings Overview

Earnings per share (EPS) estimated at $0.32 with projected revenue of $2.77 billion. Price-to-Earnings (P/E) ratio stands at 18.67, indicating investor confidence. No discussions with UniCredit...

India Ends $23 Billion Manufacturing Incentive Scheme: What It Means for Investors

Key Takeaways India will not extend the $23 billion Production-Linked Incentive (PLI) scheme, which aimed to boost domestic manufacturing. 750 companies, including Apple supplier Foxconn and...

Capita Plc Upgraded to ‘Outperform’ by RBC Capital Markets

Introduction Capita plc has received an upgrade from RBC Capital Markets, with analysts raising their target price from 17p to 20p and assigning an “Outperform”...

Tesla Leads Premarket Gains as Retail Investors Continue Buying

Introduction Tesla (NASDAQ:TSLA) is leading premarket gains among the Magnificent Seven stocks as retail investors keep pouring billions into the stock. Meanwhile, the broader U.S....

European Equities Poised for a Pullback After Strong Rally

Introduction European stock markets have surged in recent months, with the Euro Stoxx 50 outperforming the S&P 500 by roughly 20%. However, BCA Research warns...

Bitcoin Surges Amid Trump’s Trade Tariff Strategy Shift

Introduction Bitcoin surged at the start of the week as investors responded positively to reports suggesting U.S. President Donald Trump may adopt a more measured...

Trump’s Trade Tariff Plan: A Targeted Approach

Introduction U.S. President Donald Trump is reportedly scaling back his tariff agenda, opting for a more focused approach rather than imposing broad, industry-specific duties. As...

Malaysia Tightens Semiconductor Regulations Amid U.S. Pressure

Introduction Malaysia is set to impose stricter regulations on semiconductor shipments, particularly high-end NVIDIA (NASDAQ:NVDA) AI chips, amid U.S. concerns that these chips are being...

Peter Schiff’s Strategic Bitcoin Reserve: A Surprising Crypto Pivot

Introduction Peter Schiff, one of Bitcoin’s most vocal critics, has unexpectedly started accumulating BTC in what he calls a Strategic Bitcoin Reserve. In a move...

Ant Group’s AI Breakthrough: A Shift Towards Domestic Chip Independence

Introduction Jack Ma-backed Ant Group has reportedly developed new techniques to train AI models at a 20% lower cost, using Chinese-made semiconductors instead of relying...

Toyota Postpones EV Battery Plant Amid Slower Demand and Rising Material Costs

Toyota (NYSE: TM) has decided to delay the construction of a lithium-ion battery plant in Japan’s Fukuoka prefecture, according to the Asahi Shimbun. The...

Vodafone Downgraded to Neutral as Near-Term Challenges Loom

Bank of America has downgraded Vodafone (LON:VOD / NASDAQ:VOD) from Buy to Neutral, citing a more challenging near-term financial outlook. The downgrade comes amid...

Deutsche Bank Sees Underweight Equity Positioning Amid Tariff Uncertainty

Deutsche Bank’s latest report indicates that overall equity positioning has shifted slightly underweight, with discretionary positioning nearing a neutral stance as investors brace for...

Asian Markets in a Tight Range Amid Tariff Reassurances and Mixed Economic Signals

Most Asian stocks traded within a narrow range on Monday as investors digested reports that President Donald Trump’s upcoming tariffs will be less severe...

Gold Prices Retreat as Tariff Fears Ease Amid Rising Risk Appetite

Gold prices fell modestly in Asian trade on Monday, retreating further from their recent record highs. Reports suggesting that President Donald Trump’s April 2...

Coffee Prices Soar Amid Climate Challenges and Tight Inventories

Over the past six months, coffee prices have surged nearly 60%, with Arabica beans reaching a 50-year high. This dramatic increase has sparked concerns...

Japanese Business Activity Contracts in March Amid Global Trade and Inflation Pressures

Recent preliminary data from au Jibun Bank reveals that Japanese business activity contracted in March, marking the first decline in five months. The manufacturing...

Asian Currencies Edge Lower as the Dollar Holds Firm Ahead of Trump’s Tariffs

Most Asian currencies slipped on Monday while the U.S. dollar maintained its strength ahead of anticipated U.S. tariffs set to take effect on April...

Investor Optimism in China Equities Surges, Driven by Policy Easing and Innovation

Investor sentiment toward China equities has reached its highest levels in the past two years, according to UBS. In recent conversations with investors across...

U.S. Stock Futures Rise as Trump’s Tariff Plans Soften

U.S. stock index futures edged higher in Asian trade on Monday after reports emerged that President Donald Trump’s April 2 tariffs will be narrower...
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