Canoo appoints Michael Carter as Chief People Officer
High-tech mobility company, Canoo Inc. (NASDAQ:GOEV) announced Monday the appointment of Michael Carter as Chief People Officer.“We’re excited to welcome Michael to the Canoo team,” said...
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Tellurian names Daniel Belhumeur president as new chair takes charge
(Reuters) - Tellurian said on Monday it had appointed insider Daniel Belhumeur as president, days after the U.S. liquefied natural gas (LNG) developer ousted co-founder Charif Souki as...
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Wall Street subdued, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial inflation data and the U.S. Federal Reserve's monetary...
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Broadcom's AI tailwinds should offset semiconductor downturn - Citi
Citi analysts resumed coverage of Broadcom (NASDAQ:AVGO) with a Buy rating and $1,100 price target in a note Monday, stating that AI tailwinds offset the semiconductor downturn.Citi also...
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China says revised NEV tax incentives ensure 90% eligibility for EVs
China's industry ministry announced Monday that over 90% of the country’s existing new energy vehicle (NEV) models will maintain eligibility for tax incentives on purchases, thanks to...
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Renault considers partnership for new Twingo EV
Reuters reports Monday morning, citing unnamed sources close to the matter, that French automaker, Renault (EPA:RENA) is considering partnerships to develop the company’s new Twingo...
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Evercore ISI sees a 'multitude of tailwinds' for HP Inc.
Evercore ISI upgraded shares of HP Inc. (NYSE:HPQ) to Outperform from In Line on Monday, with analysts raising the stock price target to $40 from 33 per share.The analysts said in a note to...
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General Motors GM and partners launch national EV fast-charging network
General Motors (NYSE:GM), in partnership with EVgo Inc. (NASDAQ:EVGO) and Pilot Travel Centers LLC, announced Monday, the opening of the first 17 sites for a nationwide electric vehicle (EV)...
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Analysts conflicted following Domino's Pizza Investor Day event
After Domino's Pizza (NYSE:DPZ) held its Investor Day event last week, analysts at Benchmark and Piper Sandler differed in their outlooks for the stock, with a downgrade and upgrade of the...
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COP28 faces critical phase in fossil fuel debate
As the COP28 climate summit in Dubai approaches its scheduled conclusion on Tuesday, tensions are high among nearly 200 countries over the potential inclusion of fossil fuel phase-out...
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Wells Fargo starts Stellantis at Underweight ahead of industry headwinds
Wells Fargo initiated coverage on Stellantis (NYSE:STLA) with an underweight rating and a 12-month price target of €18.“We believe the market is likely underestimating the magnitude of the...
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Earnings call: Hello Group Inc. reports mixed Q3 results amid economic headwinds
In the third quarter of 2023, Hello Group Inc., known for its social and dating apps, faced a 6% decline in total group revenue year-over-year, totaling RMB3.04 billion. Despite this, the...
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Argentina markets await Milei's economic plan
As Argentine President Javier Milei prepares to present his economic strategy, markets are showing optimism, anticipating a robust approach to reinvigorating the nation's economy. Milei, who...
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Earnings call: Johnson Outdoors navigates rough fiscal waters in 2023
Johnson Outdoors Inc. (NASDAQ:JOUT) has reported a significant downturn in its fiscal year 2023 performance, with total sales tumbling 11% to $663.8 million and net income plunging 56%...
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Earnings call: Dynagas LNG Partners reports stable Q3 earnings, debt reduction
Dynagas LNG Partners LP (NYSE: NYSE:DLNG) has released its financial results for the third quarter of 2023, showcasing a steady performance with a net income of $1.4 million and an adjusted...
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Earnings call: Applied DNA Sciences reports Q4 financials amid strategic shift
Applied DNA Sciences (NASDAQ:APDN), a company specializing in DNA-based security and authentication solutions, has reported a decrease in its fiscal fourth quarter 2023 revenues, primarily...
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Pinterest stands out as an 'attractive story' - RBC Capital
RBC Capital upgraded shares of Pinterest (NYSE:PINS) to Outperform from Sector Perform in a note Monday, raising the price target to $46 from $32 per share. Analysts at the firm said...
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Boeing names new COO, seen as a frontrunner to be its next CEO
Boeing (NYSE:BA) has appointed Stephanie Pope as the executive vice president and chief operating officer of the company, effective January 1, 2024. In this newly created role, Pope will...
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Citi goes against consensus ahead of 'pivotal' Fed meeting
Citigroup economists believe that Jerome Powell faces a “major” decision at Wednesday's FOMC meeting: whether to accept the loosening of financial conditions or resist it. The economists...
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Snap shares climb as Wells Fargo raises rating
The rating for Snap (SNAP) shares was boosted to Overweight from Equal Weight at Wells Fargo on Monday. The investment bank also raised its price target for the stock to $22 from $8 per...
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Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts from NFP to CPI and FOMC
Investors are still digesting the Friday economic data, including a hotter-than-expected jobs report, while also preparing for the busy calendar of macro catalysts, including the release of...
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Premarket movers: Macy's, Cigna climb; Sea Ltd ADRs fall
Investing.com -- U.S. stock futures were little changed on Monday as investors geared up for the Federal Reserve's upcoming two-day policy meeting later this week. Here are some of the...
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Boeing awarded $271.2 million contract for Chinook upgrades
RIDLEY PARK, PA - Boeing (NYSE:BA) has secured a substantial contract modification worth $271.2 million, aimed at modernizing the MH-47G Chinook heavy assault aircraft and acquiring new...
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Best Buy raised at Jefferies as 'recent trends reflect pent-up demand'
Shares of Best Buy (NYSE:BBY) were upgraded to Buy from Hold by Jefferies on Monday, with analysts lifting the firm's price target for the stock to $89 from $69 per share. Analysts said...
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Oppenheimer sees S&P 500 ending 2024 at 5200
Oppenheimer Asset Management predicts that strong earnings growth and a resilient economy will drive the S&P 500 to a record high of 5,200 by the end of 2024, representing approximately 13%...
