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Economy

Economy

Coinbase downgraded by Compass Point as Q2 results raise valuation concerns

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2 Mins read
Compass Point Research has downgraded Coinbase Global Inc. (NASDAQ: COIN) to sell from neutral, citing concerns over weakening earnings trends and a…
Economy

Palantir to report Q2 earnings: is a strong quarter already priced into PLTR shares?

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2 Mins read
Palantir Technologies Inc (NASDAQ: PLTR) is already “one of the hottest stocks” but renowned investor Jim Cramer believes it could extend gains…
Economy

Retail investors shift focus to Europe as US valuations stretch

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2 Mins read
As retail traders begin to tire of short-lived rallies in meme stocks like Krispy Kreme and Kohl’s, a broader and potentially more…
Economy

Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake

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2 Mins read
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums…
Economy

Bank of America picks 5 stocks with post earnings rally potential

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2 Mins read
Bank of America has spotlighted a range of stocks that it believes offer compelling upside potential following their latest quarterly results. The…
Economy

Here’s what will affect the Nikkei 225 Index this week

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2 Mins read
The Nikkei 225 Index pulled back last week as market participants focused on key Japanese earnings and the BoJ interest rate decision….
Economy

OpenAI raises $8.3B as AI demand grows: report

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2 Mins read
OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a person…
Economy

Novo Nordisk stock posts worst week since 2021, but analysts see a bigger problem ahead

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2 Mins read
Novo Nordisk stock sharply tanked this week, marking the pharmaceutical company’s worst-ever weekly loss with a decline of more than 30% by…
Economy

Private equity giants accelerate push into UK pension risk-transfer market

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2 Mins read
Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the…
Economy

Tesla ordered to pay $329M over fatal autopilot crash in Florida

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2 Mins read
A federal jury in Miami has ruled that Tesla must pay $329 million in damages in connection with a fatal 2019 crash…
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