Business News
Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon. In a client note this week, Stifel analyst Ruben Roy raised his price target on Nvidia to $180 from $165, while Truist Securities’ William Stein raised … Read more
aristotoo/iStock via Getty Images American Water Works (NYSE:AWK) +0.9% in Tuesday’s trading as UBS upgrades shares to Buy from Neutral with a $155 price target, citing increased confidence that the company can deliver consistent 8% growth in earnings per share and dividends per share through
Check out what’s clicking on FoxBusiness.com. Blackstone announced Tuesday it will acquire sandwich chain Jersey Mike’s Subs. The asset management firm said the majority ownership stake will be purchased by its “most recent flagship private equity vehicle” and other funds it manages. Blackstone aims to complete the purchase early next year. Reuters reported that the … Read more
NEW YORK (Reuters) – Women’s soccer mogul Michele Kang will gift $30 million to U.S. Soccer, the sport’s national governing body said on Tuesday, the largest donation ever directed for the organisation’s girls and women’s programmes. The donation over the next five years will help grow competitive opportunities for girls and professional development for female … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The handshake with which Xi Jinping, China’s leader, greeted UK Prime Minister Sir Keir Starmer on Monday was anything but warm. Footage from the G20 summit in Rio de Janeiro showed a grim-faced Xi briefly … Read more
Bellwether semiconductor company Nvidia is due to present earnings after markets close on Wednesday, with all of Wall Street eager to learn whether the AI bull market still has legs. While founder Jensen Huang will feel the heat if he cannot deliver a bullish quarterly report, the pressure this time is not nearly as intense … Read more
Birla Opus Paints, a division of Grasim Industries Ltd, on Tuesday said it has opened its fourth plant in Chamarajnagar, Mysore. The state-of-the-art, fully automated, integrated paint plant was unveiled by Kumar Mangalam Birla, Chairman of the Aditya Birla Group. The plant has officially begun commercial production. This new facility will significantly boost the company’s manufacturing … Read more
Think $3 million is a solid retirement fund? Suze Orman has a reality check for you. Speaking on the “Afford Anything” podcast, she explained why even this seemingly hefty amount might leave you struggling in retirement – especially if life throws a few curveballs your way. Don’t Miss: Orman was asked whether $3 million, paired … Read more
Nov. 19, 2024 1:44 PM ETMelco Resorts & Entertainment Limited (MLCO) Stock, LVS Stock, WYNN StockMGM, WYNMY, SCHYY, SJMHF, GXYEF, WYNMF, MCHVF, MCHVY, SCHYF, SJMHY, MSCBy: Clark Schultz, SA News Editor Kindamorphic Investors have been skittish about the Macau casino sector due to the threat of geopolitical tension rising. However, Jefferies said the revenue outlook … Read more
Varney & Co. host Stuart Varney discussed the consequences of President Bidens decision to allow Ukraine to use U.S. weapons to attack Russia. During his “My Take,” Tuesday, “Varney & Co.” host Stuart Varney reacted to President Biden authorizing Ukraine’s military to use American-made missiles inside Russian territory, a move that pushed Vladimir Putin to … Read more