Lucid to bring their luxury EVs to China
On Thursday, Zhu Jiang, the head of Lucid Group's operations in China, announced that the U.S. luxury electric vehicle (EV) manufacturer, Lucid Group (NASDAQ:LCID), is preparing to enter the...
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Carvana Co. shares surge on strong Q2 guidance
Carvana Co. (NYSE:CVNA) shares surged almost 30% in premarket trading Thursday after it announced improved second quarter guidance. The used car firm revealed it now expects to achieve...
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Shares struggle as bond markets reprice rate expectations
By Marc Jones LONDON (Reuters) - Borrowing costs in government bond markets rose and share markets stalled on Thursday after a surprise interest rate hike in Canada gave investors their...
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Evercore ISI sees 4-5% upside in Marsh & McLennan EPS consensus
Evercore ISI analysts upgraded shares of Marsh & McLennan (NYSE:MMC) to Outperform from In Line in a note Thursday, raising the firm's price target on the stock to $199 from $195. The...
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Bank of America sees logic in Amazon's rumored plans to launch ad-tier
Investing.com -- Amazon (NASDAQ:AMZN) reportedly plans to launch an-advertising-supported tier of its Prime Video streaming services as part of move to bolster growth from entertainment, The...
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Tesla in advanced talks to build factory in Valencia – reports
Spanish newspaper, Cinco Días reported on Thursday, citing unidentified sources close to the discussions, that U.S. electric car manufacturer Tesla (NASDAQ:TSLA) is in talks with the...
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GameStop, Meta Platforms fall premarket; Designer Brands, Lucid rise
Investing.com -- Stocks in focus in premarket trade on Thursday, June 8th. Please refresh for updates. GameStop (NYSE:GME) stock fell 21% after the troubled video game retailer announced...
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Robinhood 'insulated from SEC crypto debacle,' future prospects are upbeat - Mizuho Securities
Mizuho Securities analysts, following a recent meeting with Robinhood's (NASDAQ:HOOD) management, reiterate a Buy rating and $14 price target on the online brokerage company in light of the...
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REV Group surges after a strong beat-and-raise quarter
Rev Group (NYSE:REVG) shares surged as much as 18% in pre-open Thursday after the manufacturer of specialty vehicles reported stronger-than-expected FQ2 results. The company...
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US luxury EV maker Lucid set to enter China market
SHANGHAI (Reuters) - U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday....
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GameStop shares slide sharply in premarket trade after CEO Furlong terminated
Investing.com -- GameStop Corp (NYSE:GME) shares shed more than 19% of their value in premarket U.S. trading on Thursday after the video game retailer announced that it had terminated...
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Amazon unlikely to launch wireless service for Prime users soon - CFRA Research
Investing.com -- Amazon (NASDAQ:AMZN) is unlikely to pursue a potential deal to offer steeply discounted, or even free, mobile services to its Prime members in the near term, analysts at...
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Dow futures fall 10 pts; drifting ahead of jobless data, Fed meeting
Investing.com -- U.S. stocks are seen opening largely flat Thursday, as investors await the release of the weekly jobless numbers ahead of next week’s much anticipated Federal Reserve...
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Chinese regulators try to assure sceptical foreign financiers
By Jason Xue and Joe Cash SHANGHAI/BEIJING (Reuters) - China is open for investment, the country's top financial regulators told foreign financiers at a high-profile forum in Shanghai on...
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4 big analyst cuts: One more downgrade for EPAM stock
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at |EPAM Systems, Las Vegas Sands, Solid Power, and Carrier Global.InvestingPro subscribers...
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India shares lower at close of trade; Nifty 50 down 0.49%
Investing.com – India equities were lower at the close on Thursday, as losses in the Real Estate, Auto and Healthcare sectors propelled shares lower. At the close in NSE, the Nifty 50...
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Prime Skyline Limited Announces 2.5M Share IPO at $6/sh
Prime Skyline Limited (PSE) has filed for 2,500,000 share IPO at $6 per share. The company is offering 1,832,500 shares, and selling stockholders are offering additional 667,500 shares....
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Cortigent Announces 1.5M Share IPO at $10/sh
Cortigent (CRGT) has filed for 1,500,000 share IPO at $10 per share. ThinkEquity will serve as sole underwriter.
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4 big analyst picks: Amazon earns an upgrade and a coverage initiation
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: initiation and upgrade at |Amazon.com, and upgrades at Aptive, Marsh & McLennan, and...
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Japan shares lower at close of trade; Nikkei 225 down 0.85%
Investing.com – Japan equities were lower at the close on Thursday, as losses in the Precision Instruments, Machinery and Marine Transport sectors propelled shares lower. At the close in...
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Exclusive-Chinese energy storage, battery firms consider big investments in Vietnam -sources
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) - Two Chinese makers of energy storage systems and batteries are weighing investments worth hundreds of millions of dollars in...
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European stock futures edge lower; eurozone GDP data due
Investing.com - European stock markets are expected to open marginally lower Thursday, with investors searching for direction ahead of the release of eurozone growth data as well as next...
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Asian stocks dip as markets weigh Fed fears, China stimulus hopes
Investing.com -- Most Asian stocks retreated on Thursday amid continued concerns over rising interest rates and slowing global economic growth, although optimism over more Chinese stimulus...
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Key US auto safety official resigns to join Zoox
By David Shepardson WASHINGTON (Reuters) - The head of the U.S. auto safety agency's defects investigation office said on Wednesday he has left the agency to join Amazon.com (NASDAQ:AMZN)'s...
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Dow futures steady, GameStop sheds 18.8% after earnings
Investing.com - U.S. stock futures were trading in a tight range during Wednesday's evening deals, after a mixed session among major benchmark averages as the recent AI-driven tech rally...
