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Tencent Music shares rise after acquiring podcast giant Ximalaya
June 11, 2025 12:03 AM AEST| By InvestingInvesting.com -- Tencent Music Entertainment Group (NYSE:TME) shares rose 5.4% on Tuesday following news that the company will acquire Chinese podcast platform Ximalaya in a $2.4 billion cash-and-stoc
Bank of America downgrades SAAB on its rich valuation
June 10, 2025 11:57 PM AEST| By InvestingInvesting.com -- Bank of America downgraded Swedish defence group SAAB AB to Underperform from Neutral on limited earnings visibility beyond 2027 and a stretched valuation that based on ambitious long
BofA double downgrades Renk on ’full valuation’
June 10, 2025 11:25 PM AEST| By InvestingInvesting.com -- Bank of America (NYSE:BAC) double downgraded German defense supplier Renk Group to Underperform from Buy, citing a full valuation after a significant rally in its shares.
BofA institutional clients dump stocks at historic rate, retail keeps buying
June 10, 2025 11:15 PM AEST| By InvestingInvesting.com -- In its latest equity client flow trends note, Bank of America (NYSE:BAC) analysts revealed a notable divergence in equity flows, with "Institutional selling accelerat[ing] vs hedge fu
Blackstone reportedly mulls IPO for Spanish casino operator Cirsa
June 10, 2025 11:13 PM AEST| By InvestingInvesting.com -- Blackstone (NYSE:BX) Inc. is contemplating an initial public offering (IPO) of its Spanish casino operator Cirsa Enterprises in the coming weeks, according to a Bloomberg report on Tu
JPM says buy these 2 auto supplier stocks over Tesla
June 10, 2025 10:45 PM AEST| By InvestingInvesting.com -- JPMorgan analysts said in a note Tuesday that they recommend investors sell Tesla (NASDAQ:TSLA) and instead buy auto parts suppliers Aptiv (NYSE:APTV) and BorgWarner (NYSE:BWA), argui
UBS stock tumbles on capital concerns
June 10, 2025 10:35 PM AEST| By InvestingInvesting.com -- UBS Group AG (SIX:UBSG) (NYSE: NYSE:UBS) shares fell sharply during Tuesday’s trading session, with the stock dropping as much as 7% amid concerns over new capital requirements. The
Paramount Global reduces U.S. staff by 3.5% amid industry challenges - report
June 10, 2025 10:05 PM AEST| By InvestingInvesting.com -- Paramount Global Class B (NASDAQ:PARA) is reducing its U.S.-based staff by 3.5%, marking the latest round of layoffs at the media company, CNBC reported on Tuesday, citing a memo.
Tesla’s Q2 deliveries on track for another poor quarter: Wells Fargo
June 10, 2025 09:21 PM AEST| By InvestingInvesting.com -- Wells Fargo analysts maintained an Underweight rating and $120 a share price target on Tesla (NASDAQ:TSLA) in a note on Tuesday, stating that the company’s Q2 deliveries are "on tra
Safran shares inch lower after Citi downgrades rating of French jet engine maker
June 10, 2025 08:11 PM AEST| By InvestingInvesting.com - Shares in Safran (EPA:SAF) traded lower on Tuesday after analysts at Citi downgraded their rating of the French jet engine maker to "neutral" from "buy."
Tesla shares gain as Trump wishes Musk ’well’
June 10, 2025 06:35 AM AEST| By InvestingInvesting.com -- President Donald Trump took a more neutral tone toward Tesla (NASDAQ:TSLA) CEO Elon Musk in a press conference on Monday after the close relationship between the two blew up in public
Price rise, consoles shift, and AI, Bernstein take on video games industry
June 10, 2025 06:15 AM AEST| By InvestingInvesting.com -- The global video gaming industry is entering a new era of pricing power, platform shifts, and AI-driven innovation, with Bernstein forecasting a return to growth in 2025 after a turbu
GFL weighs sale in infrastructure arm valued at C$5 billion - Bloomberg
June 10, 2025 06:11 AM AEST| By InvestingInvesting.com -- Gfl Environmental (TSX:GFL) Holdings Inc (NYSE:GFL) is exploring the sale of a stake in its infrastructure arm, Green Infrastructure Partners Inc., in a potential deal that could valu
Apple’s WWDC called a ’yawner’ amid delayed AI progress
June 10, 2025 05:57 AM AEST| By InvestingInvesting.com -- Apple (NASDAQ:AAPL) shares fell 1.2% Monday as the company’s Worldwide Developers Conference (WWDC) was largely seen as a non-event, with news that its Siri AI enhancement work need
Sitio Royalties downgraded after Viper Energy agrees to acquire co for $19.41/shr
June 10, 2025 04:15 AM AEST| By InvestingInvesting.com -- Texas Capital has downgraded Sitio Royalties Corp (NYSE:STR) to Hold from Buy after the company agreed to be acquired by Viper Energy (NASDAQ:VNOM) in an all-stock transaction valued
Wall Street analysts initiate coverage of eToro
June 10, 2025 04:07 AM AEST| By InvestingInvesting.com -- Wall Street analysts are bullish on eToro following its recent IPO as the retail investing platform gains traction.
NVIDIA stock gains as Huang kicks off European tour with UK his first stop
June 10, 2025 03:35 AM AEST| By InvestingNVIDIA shares added to recent gains Monday as CEO Jensen Huang set his sights on Europe. Huang, alongside U.K. Prime Minister Sir Keir Starmer, kicked off London Tech Week on Monday. The event undersc
Wolfe Research downgrades Equinix on valuation concerns after strong rally
June 10, 2025 02:31 AM AEST| By InvestingInvesting.com -- Wolfe Research downgraded data center operator Equinix Inc (NASDAQ:EQIX) to Peer Perform from Outperform given a limited near-term upside following a sharp rally in the stock and stre
BNP Paribas Exane dubs Goodyear "tariff winner," shares surge
June 10, 2025 01:59 AM AEST| By InvestingInvesting.com -- Shares of Goodyear Tire &Rubber Co (NASDAQ:GT) soared 10.7% on Monday following an upgrade by BNP Paribas (OTC:BNPQY) Exane, which dubbed the company a "true tariff winner" and height
Goldman Sachs downgrades General Mills, Conagra on cost pressures, weak demand
June 10, 2025 01:53 AM AEST| By InvestingInvesting.com -- Goldman Sachs downgraded shares of General Mills (NYSE:GIS) and Conagra Brands (NYSE:CAG), citing ongoing cost pressures and sluggish demand for packaged food products, while maintain
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