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Morgan Stanley downgrades Coursera, raises Udemy
June 05, 2025 10:33 PM AEST| By InvestingInvesting.com -- Morgan Stanley has shifted its ratings on two online education platforms, downgrading Coursera to Equal-weight from Overweight and upgrading Udemy to Equal-weight from Underweight.
Robinhood stock edges higher on strong May 2025 operating data
June 05, 2025 10:29 PM AEST| By InvestingInvesting.com -- Shares of Robinhood (NASDAQ: NASDAQ:HOOD) climbed 1.6% as the company provided a glimpse into its May 2025 operating data, indicating robust growth across several key metrics. The tra
Can Rivian make the great AI leap forward?
June 05, 2025 10:11 PM AEST| By InvestingInvesting.com -- Rivian may be well-positioned to emerge as a key player in the race toward AI-enabled autonomous driving, according to Morgan Stanley (NYSE:MS) analysts.
Tata to take over iPhone, MacBook repairs in India for Apple
June 05, 2025 09:21 PM AEST| By InvestingInvesting.com -- Apple (NASDAQ:AAPL) has engaged Tata Group to manage repairs for its iPhones and MacBook devices in the rapidly expanding Indian market, according to a Reuters report on Thursday. Thi
Flipkart secures lending license from Indian central bank
June 05, 2025 09:13 PM AEST| By InvestingInvesting.com -- Walmart (NYSE:WMT)’s subsidiary, Flipkart, has secured a lending license from the Reserve Bank of India (NSE:BOI) (RBI), the country’s central banking authority, according to a Re
Nvidia remains best-positioned to benefit from AI boom, BofA says
June 05, 2025 09:09 PM AEST| By InvestingInvesting.com - Nvidia is still the best-positioned chipmaker to benefit from ongoing enthusiasm around artificial intelligence, even as the firm grapples with recent concerns around its Chinese busin
Procter & Gamble plans to slash 7,000 non-manufacturing jobs over next 2 years
June 05, 2025 06:59 PM AEST| By InvestingInvesting.com -- Procter&Gamble (NYSE:PG) plans to cut around 7,000 jobs, or roughly 15% of its global non-manufacturing workforce, over the next two years.
Citigroup to cut 3,500 jobs at China tech centers
June 05, 2025 04:41 PM AEST| By InvestingInvesting.com -- Citigroup Inc (NYSE:C) is set to decrease its workforce at two of its technology centers in China by approximately 3,500, according to a statement released on Thursday.
Kalkine:ASX 200 Nears Record High Driven by Energy, Banking, and Mining Sector Gains
June 05, 2025 01:09 PM AEST| By Team Kalkine MediaHighlights,The ASX closed near record levels following strong performances across energy, banking, and mining sectors.,Commonwealth Bank (ASX:CBA) surpassed $180 per share, pushing its market capitalisation beyond $300 billion.,Gains in oil prices su...
Kalkine:ASX 200 Nears Record High as Key Sectors Show Mixed Performance
June 05, 2025 12:47 PM AEST| By Team Kalkine MediaHighlights,Australian share market edges close to its highest-ever close, buoyed by strength in materials, technology, and real estate sectors,Commonwealth Bank (ASX:CBA) becomes the first ASX-listed firm to surpass a market value of $300 billion,Lyn...
Kalkine : ASX 200 Nears Record High as Key Sectors Lead Market Recovery
June 05, 2025 12:45 PM AEST| By Team Kalkine MediaHighlights,ASX 200 moves near record levels as earlier trade-related declines ease,Gains in tech, energy, and materials sectors support upward momentum,Key performers include Lynas Rare Earths (ASX:LYC), Mineral Resources (ASX:MIN), and Clarity Pharm...
Alibaba, JD.com shares rally on 618 festival gains
June 05, 2025 03:41 AM AEST| By InvestingInvesting.com -- ADRs of Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) climbed sharply on Wednesday, as upbeat preliminary results from China’s annual 618 shopping festival reassured investors about co
Xiaomi targets strong 2025 growth with push into AI, EVs, and overseas markets
June 05, 2025 03:25 AM AEST| By InvestingInvesting.com -- Xiaomi set out ambitious targets at its Investor Day, with plans to expand, boost investment in artificial intelligence, and turn a profit in its electric vehicle business by the seco
Bernstein starts coverage of entertainment stocks: Spotify and TKO at Outperform
June 05, 2025 02:27 AM AEST| By InvestingInvesting.com -- Bernstein launched coverage of the U.S. entertainment sector with Outperform ratings on five companies, including Spotify (NYSE:SPOT) and TKO Group, citing the growing power of superf
Dubai’s FIVE Hotels mulls IPO in London or New York
June 05, 2025 01:45 AM AEST| By InvestingInvesting.com -- Dubai-based party hotel operator, FIVE Holdings, is contemplating a listing in either London or New York, according to a Reuters report on Wednesday. The company, owner of the Pacha h
Goldman Sachs upgrades Brazil’s XP, cuts rating on B3 on shifting risk-reward
June 05, 2025 01:27 AM AEST| By InvestingInvesting.com -- Goldman Sachs upgraded Brazilian brokerage XP (NASDAQ:XP) Inc to “Buy” from “Neutral” saying the company has a stronger operating leverage, its revenue mix, and potential upsi
Buy the dip in Kenvue stock: Jefferies
June 05, 2025 01:17 AM AEST| By InvestingInvesting.com -- Jefferies believes investors should take advantage of recent weakness in Kenvue (NYSE:KVUE) stock, reiterating a Buy rating and calling the company a “self-help transformation story
HSBC upgrades Brazil’s Embraer on strong delivery outlook
June 05, 2025 12:41 AM AEST| By InvestingInvesting.com --HSBC upgraded Brazilian planemaker Embraer to “Buy” from “Hold,” saying a record order backlog, improving output, and growing momentum in executive jets and defense deliveries
AST SpaceMobile soars on speculation of strategic tie-up with Jeff Bezos
June 05, 2025 12:37 AM AEST| By InvestingInvesting.com -- Shares of Ast Spacemobile Inc (NASDAQ:ASTS) climbed 7.1% higher after Wednesday’s open, building on a 4.3% gain from the previous session, as investors responded to renewed speculat
CrowdStrike has ’limited valuation upside and increased growth risk’: BofA
June 05, 2025 12:35 AM AEST| By InvestingInvesting.com -- Bank of America downgraded CrowdStrike (NASDAQ:CRWD) to Neutral from Buy on Wednesday, citing limited upside in the stock’s valuation and growing concerns around future growth rates
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