A court ruling allows the US Securities and Exchange Commission to proceed with its lawsuit against Coinbase. A US judge has permitted SEC claims asserting […]
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JPMorgan Affirms Optimism for Apple Amidst China’s Market Decline, Dismisses Concerns of Local Competition
JPMorgan has reaffirmed its ‘Overweight’ rating on Apple $AAPL, despite the company experiencing a notable downturn in iPhone shipments during February. The figures reveal a […]
Target Revisions: Citi Slashes Tesla PT to $196, While Canaccord Genuity Maintains $234
Citi has lowered its price target for Tesla $TSLA from $224 to $196 and maintains a Neutral rating on the stock. The analyst notes that […]
Boeing’s Turbulent Journey: Moody’s Review and Leadership Overhaul Amidst Safety Crisis
Moody’s has initiated a review process for Boeing, considering a potential downgrade due to apprehensions regarding the company’s cash flow generation capability. This concern arises […]
Apple’s WWDC 2024: Unveiling iOS 18 and More at Apple Park
Apple Inc has officially confirmed that its annual Worldwide Developers Conference (WWDC) for 2024 will be hosted online from June 10 through June 14. The […]
Bernstein Downgrades Tesla to ‘Underperform,’ Slashes Price Target to $120
Bernstein lowers Tesla’s stock price target to $120 from $150 and assigns an ‘Underperform’ rating. The analyst remarks, “During the quarter-to-date, Tesla has encountered subdued […]
Alibaba Withdraws Cainiao IPO Application, Offers Proposal to Minority Shareholders
Alibaba ($BABA) has withdrawn its IPO application for Cainiao and intends to propose an offer to minority shareholders of Cainiao instead. Alibaba Group plans to […]
Maersk Affirms Responsibility: Chartered Ship Blamed for Baltimore Bridge Collapse
On March 26, 2024, over midnight, the Francis Scott Key Bridge in Baltimore, Maryland collapsed after being struck by a cargo ship named the Dali, […]
NYSE Announces Suspension and Delisting of Fisker $FSR Shares Amidst Plummeting Prices
On Monday, the NYSE made public its decision to promptly suspend and eventually remove Fisker $FSR shares from trading due to their notably low prices. […]
Francis Scott Key Bridge Collapses in Baltimore After Collision with Container Ship
The Francis Scott Key Bridge in Baltimore, Maryland, which spans the Patapsco River, has collapsed following a collision with a large container ship. An official […]
Tesla Boosts Connectivity: Introducing 5G Capability for EVs and Humanoid Robot Optimus
Tesla, the company famous for its electric cars and clean energy initiatives, is working on adding 5G capability to both its electric vehicles (EVs) and […]
Union Advocates for Board Seat to Tackle Quality Issues at Boeing
Boeing shares rise 3.5% as CEO Dave Calhoun announces retirement by end of 2024. Leadership transition underway with Calhoun stepping down and Boeing Commercial Airplanes […]