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Economy

Economy

Cisco shares drop over 2% after HSBC downgrade to Hold

Cisco Systems’ shares fell more than 2% on Friday after HSBC downgraded the networking equipment maker from “buy” to “hold”, citing concerns…
Economy

Buffett’s $1.6 bn bet lifts UnitedHealth to 16-yr high, but analysts urge caution before buying

UnitedHealth Group shares surged more than 11% in Friday trading, on track for their strongest single-day performance since 2009, after a regulatory…
Economy

Morgan Stanley turns more optimistic on Apple as iPhone outlook improves

Morgan Stanley has expressed renewed optimism about Apple Inc., citing stronger-than-expected iPhone demand in China and the potential for upward estimate revisions….
Economy

Opendoor shares jump as CEO Carrie Wheeler resigns amid investor pressure

Opendoor Technologies shares jumped about 16% on Friday following the announcement that CEO Carrie Wheeler will step down from the online real…
Economy

Tariffs vs AI: what will determine Walmart stock price trajectory after Q2 earnings?

Walmart Inc (NYSE: WMT) is keeping the upward momentum ahead of its second-quarter release on August 21st. The retail behemoth is broadly…
Economy

Here’s why the Aviva share price is pumping and what next?

The Aviva share price continued its strong rally this week, reaching its highest level since 2008 as the turnaround efforts by Amanda…
Economy

Will the Harry Porter donuts boost the Krispy Kreme stock price?

Krispy Kreme stock price has become highly volatile lately as it has become one of the top meme companies. DNUT initially jumped…
Economy

Interview: Kairos Pharma CEO John Yu on ENV105’s potential & partnerships for growth

While cancer treatment is progressing at a fast rate the world over with new targeted drugs being launched, immunotherapy and radiation, therapy…
Economy

Satoshi Nakamoto’s Bitcoin fortune climbs to $130.7 billion, surpassing Bill Gates

Bitcoin’s recent price surge has reshaped the global billionaire rankings, propelling its elusive creator, Satoshi Nakamoto, past some of the world’s most…
Economy

Applied Materials falls 14% on weak forecast, China woes; long-term upside seen

Shares of Applied Materials fell nearly 14% in premarket trading on Friday after the US chip equipment maker issued a downbeat fiscal…
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