BEIJING (Reuters) -Chinese electric vehicle battery giant CATL saw net profit growth accelerate in the third quarter, even as it faced increased competition from smaller rivals. Net profit rose 41.2% to 18.5 billion yuan ($2.6 billion) in the July-September period from a year earlier, picking up from a 33.7% increase in the second quarter, according to a stock filing on Monday. Revenue rose 12.9% year on year to 104.2 billion yuan, up from a 8.3% gain in the second quarter...
Continue ReadingEarnings season intensifies this week with Tesla (TSLA) reporting on Wednesday. However, Moneta's Aoifinn Devitt believes just as much attention needs to be paid to the likes of Intel (INTC) and IBM (IBM) as well as consumer sentiment stocks like Coca-Cola (KO) and Netflix (NFLX). For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance...
Continue ReadingCIBC Capital Markets raised its price target on Celestica Inc. (CLS.TO, CLS) to US$315 from US$245...
Continue ReadingAmazon.com’s price target remains steady at $266.56 per share, even as analyst sentiment reflects both new enthusiasm and ongoing caution regarding the stock’s future. Positive signals around accelerating cloud and grocery initiatives have buoyed confidence in Amazon’s ability to drive sustained revenue growth. As the narrative continues to evolve alongside shifting market outlooks, staying informed is essential for anyone tracking the company’s prospects. What Wall Street Has Been.....
Continue ReadingUS stock futures were tracking higher in Monday's premarket session as investors look to earnings re...
Continue Reading(Updates with Amazon's comments in the third and fourth paragraphs, and in the headline.) Amazon...
Continue ReadingA massive Amazon Web Services (AMZN) outage has sparked issues on websites across the globe. Impacted sites include Coinbase (COIN), Robinhood (HOOD), and Roblox (RBLX). AWS services have started to come back online. President Trump has laid out a list of demands China must meet before the countries resume trade talks. They include buying more US soybeans. For more Morning Brief: Market Sunrise click here...
Continue Reading(Updates with company comments in the fourth paragraph.) Alphabet's (GOOG, GOOGL) Waymo is under...
Continue ReadingThe benchmark US stock measures were tracking in the green before the opening bell Monday as investo...
Continue ReadingInvesting.com -- Apple (NASDAQ: AAPL) shares gained a boost from Evercore ISI, which added the stock to its Tactical Outperform List, citing stronger-than-expected iPhone demand and improving Services growth...
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