By Rodrigo Campos NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks
Category: Business
J.P.Morgan cuts price target on Tesla shares, brokerage expects lower deliveries
(Reuters) – J.P.Morgan cut its price target on Tesla’s stock as the brokerage expects a second straight year of lower deliveries, with analysts also pointing
Verizon warns of ‘soft’ subscriber growth on strong competition, shares fall
(Reuters) – Verizon warned on Tuesday that first-quarter subscriber growth would likely be “soft” as rival carriers attract customers with promotions, sending its shares down
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville NEW YORK (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the firms said
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak margin prospects. S&P said it
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 19% and dragged down rival chipmakers on Thursday, after an in-line revenue forecast gave investors another reason
Apple launches new MacBook Air models with latest M4 chip, cuts price
(Reuters) -Apple on Wednesday unveiled new MacBook Air models with latest M4 chip and artificial-intelligence features at a price $100 lower than the previous generation,
Apple appeals to overturn UK government’s ‘back door’ order, Financial Times reports
(Reuters) -Apple has appealed a British government order to create a “back door” in its most secure cloud storage systems, the Financial Times reported on
Exclusive-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say
By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE (Reuters) – Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar
CME Group plans to launch Solana futures on March 17
By Suzanne McGee (Reuters) – CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending