Stock Market
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Jefferies raises price target for Meta as staff reductions implemented
Jefferies analysts have raised their price target for Meta Platforms Inc (NASDAQ: META) following the company’s second round of layoffs…
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Fast fashion group H&M sees stock surge following rating upgrade by Morgan Stanley
Analysts at Morgan Stanley have upgraded their rating of H&M Hennes & Mauritz AB B (ST:HMb) to equal-weight from underweight…
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World’s First Defamation Lawsuit over ChatGPT Content: Australian Mayor Prepares Legal Action
Brian Hood, the mayor of Hepburn Shire in regional Australia, has threatened to sue OpenAI if ChatGPT’s false claims about…
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France’s Sodexo Announces Plans to Spin Off Benefits & Rewards Services Business
Sodexo, the French catering and food services group, has announced plans to spin off and list its Benefits & Rewards…
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What’s Affecting the Markets: JOLTS Survey, Rate Hike Pause, and Trump Arraignment
JOLTS Survey, Trump Arraignment, and Oil Price Boost On Tuesday, April 4th, the Labor Department released its Job Openings survey…
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“Credit Suisse Shareholders Express Outrage at Last Annual Meeting”
Credit Suisse faces shareholder fury at final AGM after UBS takeover Credit Suisse will hold its final annual general meeting…
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S&P/ASX 200 gains 0.18% at close; Australian stocks finish higher
On Tuesday, the Australian stock market closed higher with the S&P/ASX 200 rising by 0.18% in Sydney. The session’s best…
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Virgin Orbit, Branson’s Aerospace Venture, Files for Bankruptcy and Seeks a Buyer
Virgin Orbit Holdings, the satellite launch company spun off from Richard Branson’s Virgin Galactic, has filed for Chapter 11 bankruptcy…
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Tesla’s Quarterly Deliveries Reach Record High, Surging 4% from Q4, Boosted by Price Reductions
Tesla Inc, the electric vehicle manufacturer, announced on Sunday that it had posted record quarterly vehicle deliveries of 422,875 for…
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UniCredit initiates first installment of share repurchase program worth 2.34 billion euros
UniCredit is set to begin the first tranche of its share repurchase program as part of CEO Andrea Orcel’s efforts…
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