Citi ups price target on American Airlines, adds to focus list
Citi lifts price target on American Airlines Group (NASDAQ:AAL), also added the stock into its ‘focus list,’ on potential for significant share price upside driven by earnings surprises. The brokerage ...
Futures Plunge Day After BoC Rate
Futures tied to Canada's main stock index fell on Thursday after a rally in the previous session following the Bank of Canada's outsized interest rate cut. The TSX jumped 153.37 points to close ...
Ciena stock falls as fourth-quarter results fall short of expectations
Ciena 's (NYSE: NYSE:CIEN) saw its shares fall around 5% in premarket trading Thursday after the networking company reported fourth-quarter results that fell short of market expectations. The firm ...
Argentina to Eclipse Colombia as Oil Production Growth Continues
Crude oil production in the Vaca Muerta shale formation in Argentina is about to hit 1 million barrels per day this decade. The forecast came recently from Rystad Energy, and on its heels came another ...
Tame U.S. Inflation Data Propels Asia Stocks
Asia-Pacific markets mostly rose Wednesday, following gains on Wall Street that saw the NASDAQ Composite surge to record highs after November’s inflation report met expectations. In Japan, the Nikkei ...
New Jersey Considers Climate Tax on Oil and Gas Companies
The state of New Jersey is looking to follow in Vermont’s footsteps and introduce a fee on oil and gas companies that would ...
China Looks To Build The Largest Human-Made Object in Space
Two months ago, we reported that Baiju Bhatt, one of the co-founders of the investing app Robinhood, debuted space solar ...
Coca-Cola and PepsiCo shares upgraded at Deutsche Bank
Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy. Both stocks rose nearly 1% in ...
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Why Adobe, SMCI, and Uber Stock Dropped
This morning, investors will watch PDF and Photoshop supplier Adobe Systems (ADBE). After markets closed on Wednesday, the ...
Triple-Digit Boost for TSX After Rate Cut
Canada's main stock index flexed its muscles on Wednesday, feeding off the good vibes from the central bank’s dramatic interest rate drop. The TSX jumped 153.37 points to close Wednesday at 25,657.70.
Barclays cuts homebuilding stocks on flattening home prices, elevated incentives
Barclays (LON:BARC) on Wednesday downgraded the ratings of some U.S. homebuilding stocks DR Horton Inc (NYSE:DHI), Lennar Corporation (NYSE:LEN), PulteGroup Inc (NYSE:PHM) and KB Home (NYSE:KBH) from ...
TSX Climbs with BoC Rate Cut
Canada's main stock index rose on Wednesday, helped by mining shares, as investors cheered the Bank of Canada's hefty interest rate cut and the possibility of a U.S. rate cut next week. The TSX jumped ...