Credit Suisse on Friday reduced its Tesla target price, pointing to a potential shortfall in second-quarter deliveries as the company's suppliers recover from Covid shutdowns in Shanghai. The firm lowered its target to $1,000 from $1,025, citing increased competition, poor execution on growth plans, disruptions
In this article MSFT SGEN ZEN BHC-CA FDX KMX Check out the companies making headlines before the bell: CarMax (KMX) - The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analyst forecasts amid what the company called a "challenging" used vehicle market.
The Daily Beast Putin World Lets Slip Sinister Master Plan for American Prisoners GettyThe anti-American atmosphere in Russia is off the charts and now, the Americans who had the misfortune of ending up in Russian captivity are being used as pawns in the Kremlin’s cruel game. Basketball
Citi thinks the worst of this year's sell-off in software names may be in the past, leading it to update its top picks. The firm added Microsoft to the top of its list, noting that it's one of the stocks most exposed to "still resilient
Workers demonstrate against soaring cost of living in central Athens earlier this year. Louisa Gouliamaki | Afp | Getty Images Nearly four years after Greece celebrated the end of its complicated bailout program, its people are growing increasingly concerned about their economic prospects once again. The darkening public
In this article IBE-ES AI-FR ENR-DE BP.-GB One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it "green" hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and
Becton, Dickinson and Company, also known as BD, is one of the best defensive names in medtech, particularly at a time when the economy is at risk of a recession, according to Wells Fargo. The firm upgraded the stock on Friday to overweight from equal
In this article HRMY So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance. Jakub Porzycki | NurPhoto | Getty Images Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist
TheStreet.com Polestar Makes a Move to Take On Tesla Swedish electric vehicle company Polestar is set to go public on the the Nasdaq on June 24, joining several other automakers in the highly competitive EV market. The company, which is jointly owned by Volvo and China's
