Stock market

UBS revises CPKC and CN price targets amid tariff concerns
April 09, 2025 12:05 AM AEST| By InvestingInvesting.com -- Amid concerns over tariff risks, UBS has revised its stock price targets for Canadian rail companies CPKC and CN. This follows the announcement of U.S. reciprocal tariffs last Wednesd

BofA downgrades Alcoa on weaker Aluminum, Alumina outlook
April 08, 2025 11:59 PM AEST| By InvestingInvesting.com -- Bank of America downgraded Alcoa (NYSE:AA) Corp to Underperform from Buy given a weaker outlook for aluminum and alumina prices and growing uncertainty around demand, especially into

Goldman turns cautious on major pharma names, sees select upside at Eli Lilly
April 08, 2025 11:25 PM AEST| By InvestingInvesting.com -- Goldman Sachs initiated coverage on several large-cap pharmaceutical companies, taking a cautious stance on Bristol-Myers Squibb (NYSE:BMY), Pfizer (NYSE:PFE), and AbbVie (NYSE:ABBV),

Netflix replaces Walt Disney as Top Pick at Morgan Stanley
April 08, 2025 10:49 PM AEST| By InvestingInvesting.com -- Morgan Stanley (NYSE:MS) has named Netflix (NASDAQ:NFLX) its new Top Pick in the Media&Entertainment sector, replacing Walt Disney (NYSE:DIS).

Medical device firm Belluscura's stock tumbles nearly 50% on tariff concerns
April 08, 2025 10:25 PM AEST| By InvestingInvesting.com -- Shares of Belluscura PLC (LON:BELLB), a UK-listed medical device company, plummeted 49.6% on Tuesday as investors reacted to the company's announcement regarding the potential impact

Marvell gains on a deal to sell auto ethernet unit to Infineon for $2.5 billion
April 08, 2025 09:25 PM AEST| By InvestingInvesting.com -- Infineon (OTC:IFNNY) Technologies (ETR:IFXGn) announced plans to acquire Marvell (NASDAQ:MRVL) Technology’s automotive ethernet unit for $2.5 billion in cash, aiming to strengthen i

U.S. tariffs impact on global auto industry
April 08, 2025 05:31 PM AEST| By InvestingInvesting.com -- U.S. President Donald Trump's newly confirmed 25% global tariffs on foreign autos and parts are set to disrupt the global automotive landscape, triggering production shifts, halting a

TSX closes down amidst tariff chaos
April 08, 2025 08:11 AM AEST| By InvestingThis article first appeared in Investing.com

Trump warns permanent tariffs are possible
April 08, 2025 07:43 AM AEST| By InvestingInvesting.com -- U.S. President Donald Trump continues to press forward with his tariff policy despite widespread carnage in the market. In a news conference Monday afternoon with Israeli Prime Minist

Broadcom unveils $10B stock buyback program; shares rise afterhours
April 08, 2025 07:13 AM AEST| By InvestingInvesting.com -- Broadcom unveiled Monday a $10 billion stock buyback program amid strong cash flow generation and confidence in AI-led demand for its chips.

Tariff knock-on effects threaten deeper market wounds, Morgan Stanley warns
April 08, 2025 06:15 AM AEST| By InvestingInvesting.com -- Markets have been bloodied by the growing prospect of a global trade war, but Morgan Stanley (NYSE:MS) warns of further pain ahead as the knock-on effects of tariffs on the U.S. consu

Analysts see as much as 20% downside for chip stock as tariff raise recession fear
April 08, 2025 03:39 AM AEST| By InvestingInvesting.com -- Semiconductor stocks could face up to 20% more downside if new U.S. tariffs spark a broader economic slowdown, Citi said, warning that prolonged trade tensions risk freezing the globa

Are Nvidia's AI datacenter products subject to tariffs?
April 08, 2025 02:35 AM AEST| By InvestingInvesting.com -- Nvidia’s AI server products are likely exempt from the latest round of U.S. tariffs under the US-Mexico-Canada Agreement (USMCA), a potential relief amid broader investor concern ov

Truist starts Reddit at ‘buy’ on strong growth in ads and engagement
April 08, 2025 01:53 AM AEST| By InvestingInvesting.com -- Truist Securities initiated coverage of Reddit Inc (NYSE:RDDT) with a Buy rating and a price target of $150 citing the company’s rapid growth trajectory, margin expansion potential,

UBS downgrades Caterpillar as tariff and macro woes to drag earnings down
April 08, 2025 01:15 AM AEST| By InvestingInvesting.com -- UBS downgraded Caterpillar Inc (NYSE:CAT) to Sell from Buy and slashed its price target to $243 from $385, warning that macroeconomic risks linked to tariffs and weakening global dema

Bernstein downgrades General Motors on tariff impact
April 08, 2025 12:27 AM AEST| By InvestingInvesting.com -- Bernstein downgraded General Motors (NYSE:GM) to Underperform from Market Perform, warning that new vehicle tariffs and a likely decline in consumer sentiment will significantly press

UBS flags 20 high-quality stocks as panic grips markets
April 07, 2025 11:53 PM AEST| By InvestingInvesting.com -- It’s been a bruising last week for U.S. equities. Market sentiment soured sharply after U.S. president Donald Trump’s new tariff policy was unveiled, triggering a wave of selling

Citi upgrades Dollar General as it has limited tariff exposure
April 07, 2025 11:49 PM AEST| By InvestingInvesting.com -- Citi upgraded Dollar General (NYSE:DG) to Neutral from Sell saying the discount retailer is better positioned than peers to weather the new tariff environment and a potential consumer

TSX futures point down amidst tariff chaos
April 07, 2025 11:49 PM AEST| By InvestingThis article first appeared in Investing.com

UBS downgrades US airlines on recession fears, sees lower earnings
April 07, 2025 11:13 PM AEST| By InvestingInvesting.com -- UBS downgraded Alaska Air (NYSE:ALK), Delta Air Lines (NYSE:DAL), and United Airlines from Buy to Neutral warning that a likely U.S. recession could weigh on revenue and profits acros

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