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Federal court pauses ruling blocking Trump’s global tariffs
May 30, 2025 06:15 AM AEST| By InvestingInvesting.com -- A recent decision to block President Donald Trump’s proposed global tariffs has been temporarily paused by a federal appeals court. The U.S. Court of Appeals for the Federal Circuit
Paramount cut to Neutral at Citi
May 30, 2025 02:31 AM AEST| By InvestingInvesting.com -- Citi cut its rating for Paramount Global from Buy to Neutral and lowered its price target from $13 to $12, citing a more balanced risk-reward profile for the stock at current levels.
Southwest Airlines strategic initiatives should drive revenue growth: DB
May 30, 2025 01:53 AM AEST| By InvestingInvesting.com -- Deutsche Bank raised Southwest Airlines (NYSE:LUV) from Hold to Buy, citing a series of developments expected to enhance shareholder returns and boost financial performance.
Boeing stock climbs on production ramp-up plans
May 30, 2025 01:35 AM AEST| By InvestingInvesting.com -- Shares of Boeing (NYSE:BA) rose 4% after the company’s CEO announced plans to increase production of the 737 MAX, signaling a positive market response. CEO Kelly Ortberg stated the
JPMorgan: Macy’s is a share gainer in a volatile consumer environment
May 30, 2025 01:21 AM AEST| By InvestingInvesting.com -- JPMorgan lifted its rating for Macy’s Inc. to Overweight from Neutral in a note Thursday, citing the retailer’s growing market share and financial resilience amid a turbulent cons
TSX lower after NVIDIA earnings and Trump tariff blockage
May 30, 2025 01:03 AM AEST| By InvestingNvidia unveiled on Wednesday better-than-expected first-quarter results, but the chipmaker flagged an $8 billion hit to Q2 guidance from the U.S. ban on chip sales to China. Nvidia shares rose nearly
Starbucks: TD Cowen says ’survey data suggests deteriorating value perceptions’
May 30, 2025 12:49 AM AEST| By InvestingInvesting.com -- TD Cowen downgraded Starbucks (NASDAQ:SBUX) from Buy to Hold in a note Thursday, maintaining a price target of $90 per share on the stock.
NVIDIA CEO Huang said these four positive surprises are ’turbocharging’ AI growth
May 30, 2025 12:35 AM AEST| By InvestingInvesting.com -- On NVIDIA’s (NASDAQ:NVDA) earnings conference call yesterday, CEO Jesen Huang described four positive surprises they have seen in AI since the beginning of the year and even since i
Jefferies lowers Cleveland-Cliffs rating on high exposure to steel price changes
May 30, 2025 12:27 AM AEST| By InvestingInvesting.com -- Jefferies downgraded Cleveland-Cliffs (NYSE:CLF) to Hold from Buy, citing growing risks tied to steel price volatility and an increasingly uncertain outlook for the U.S. steel market
Jefferies cuts GE Vernova, says current share price ’adequately reflects premium’
May 29, 2025 11:51 PM AEST| By InvestingInvesting.com -- Jefferies has downgraded GE Vernova (NYSE:GEV) to Hold from Buy, noting that the stock’s valuation already prices in much of the optimism around the company’s growth prospects.
Intellia stock tumbles on safety concerns
May 29, 2025 10:37 PM AEST| By InvestingInvesting.com -- Shares of Intellia Therapeutics (NASDAQ: NASDAQ:NTLA) plunged 19% following a safety update from its ongoing Phase 3 MAGNITUDE study. The clinical trial, which is evaluating the compa
Citi: U.S. stocks now least preferred among global asset managers
May 29, 2025 09:55 PM AEST| By InvestingInvesting.com -- U.S. equities have fallen out of favor with global asset managers, according to Citi’s latest Quantitative Global Macro (BCBA:BMAm) Strategy note.
Chip stocks rise as Nvidia eases China demand concerns
May 29, 2025 09:35 PM AEST| By InvestingInvesting.com -- Shares of semiconductor companies are rising premarket on Thursday after Nvidia (NASDAQ:NVDA) offered an earnings outlook that, while impacted by U.S. export restrictions, was not as
Trump’s ‘liberation day’ tariffs blocked by US trade court
May 29, 2025 10:35 AM AEST| By InvestingUpdates with details on Trump response, reports of White House appeal.
Tesla stock rises on robotaxi service launch plans
May 29, 2025 07:01 AM AEST| By InvestingInvesting.com -- Tesla (NASDAQ:TSLA) shares edged up 1% after-hours following reports that the electric vehicle giant is targeting a launch date of June 12 for its highly anticipated robotaxi service
Musk opposed Abu Dhabi AI data center deal that he thought favors Altman, says WSJ
May 29, 2025 06:39 AM AEST| By InvestingInvesting.com -- OpenAI, along with a consortium of American technology companies, secured a deal last week to construct one of the world’s largest artificial intelligence data centers in Abu Dhabi.
Trump orders U.S. firms to halt chip software sales to China, says FT
May 29, 2025 06:21 AM AEST| By InvestingInvesting.com -- In a new move to hinder China’s development of advanced semiconductor chips, the Trump administration has reportedly instructed U.S. companies that provide software used in semicond
BCE unveils Canada’s largest AI compute project with six-data center network
May 29, 2025 06:01 AM AEST| By InvestingInvesting.com -- Bell Canada, or BCE Inc (TSX:BCE), has unveiled a multibillion-dollar initiative to create the nation’s largest artificial intelligence computing network, establishing a strategic f
Victoria’s Secret stock falls amid security incident
May 29, 2025 05:05 AM AEST| By InvestingInvesting.com -- Shares of Victoria’s Secret&Co. (NYSE: VSCO) tumbled as much as 10% following the company’s announcement of a security incident that has led to the temporary shutdown of its websi
Tesla and xAI merger possible, predicts Musk biographer Isaacson
May 29, 2025 03:47 AM AEST| By InvestingInvesting.com – Walter Isaacson, biographer of Elon Musk, suggested in an interview on CNBC that a merger between Tesla Inc (NASDAQ:TSLA) and xAI, Musk’s privately held combination of his artifici
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