Rivian $RIVN has lowered its production forecast for the year to 47,000-49,000 vehicles, down from the earlier estimate. This change is due to a shortage […]
Category: Stock In News
Peter Thiel Sells $1 Billion of Palantir Stock
Billionaire Peter Thiel sold more than $1 billion in Palantir stock in late September and early October, according to SEC filings. He made these sales […]
EU Approves New Tariffs on Chinese Electric Cars
The European Union (EU) has taken a significant step by approving new tariffs on electric vehicles (EVs) imported from China. This decision, made on Friday, […]
U.S. Safety Agency Investigates 368,309 Ford Edge Vehicles for Brake Issues
The National Highway Traffic Safety Administration announced on Friday that it is looking into 368,309 Ford Edge vehicles in the U.S. because of a problem […]
Southwest Airlines Shares Surge as Rakesh Gangwal Invests $107 Million
Southwest Airlines Co. shares have been rising after Rakesh Gangwal, a Indian billionaire co-founder of InterGlobe Aviation Ltd. and a member of Southwest’s board, purchased […]
Market Insights: Nomura on Yes Bank and Bajaj Finance; Jefferies on SBI Card; Morgan Stanley on Bajaj Finance; Citi on Bank of Baroda
Nomura on Yes Bank: Maintains a “Neutral” rating, Target price is set at ₹17. Pre-Q2 update shows strong deposit growth, mainly from CASA accounts. Expects […]
Morgan Stanley and Investec Remain Bullish on M&M with Target Prices of Rs 3,304 and Rs 3,220, Highlighting Strong Thar Demand
Morgan Stanley on M&M: Maintains an “Overweight” rating with a target price of ₹3,304. The current Thar 3-door model has a sales rate of 5,000 […]
JPMorgan Reiterates Overweight on SBI with ₹1,000 Target, Confident in Growth and Asset Quality
JPMorgan on SBI (Management Meeting): Maintains an “Overweight” rating with a target price of ₹1,000. Confident about growth and asset quality, with Return on Assets […]
Mixed Ratings on Avenue Supermart: Macquarie Recommends Buy, Morgan Stanley Bullish, Goldman Sachs Advises Sell
Macquarie on Avenue Supermart: Maintains an “Outperform” rating with a target price of ₹5,600. Sales growth has slowed compared to Q1. Store additions have been […]
Citi Initiates ‘Buy’ on Varun Beverages with ₹800 Target, Highlights Strong Growth Potential
Citi has initiated a “Buy” rating on Varun Beverages with a target price of ₹800. The company has a strong market position in India and […]
JP Morgan Raises TSLA Target Price to $130; Tesla Discontinues Model 3 Standard Range
JP Morgan has increased its target price for TSLA from $115 to $130, maintaining its Underweight rating, while Tesla’s current market price (CMP) is $249. […]
Amazon to Hire 250,000 Workers for 2024 Holiday Season, Matching Last Year’s Effort
Amazon is set to hire 250,000 workers for the 2024 holiday season, focusing on roles in transportation and warehousing, just like it did last year. […]