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Investing.com — Morgan Stanley (NYSE:) raised its Nvidia (NASDAQ:) stock estimates ahead of the company’s earnings report next week. Despite supply constraints, the firm anticipates another robust quarter for Nvidia, however, it believes that more significant upward revisions will occur later in the year. The analysis notes that Nvidia’s new…
By Akash Sriram and Abhirup Roy (Reuters) -Rivian stuck to its forecast of achieving gross profit in the fourth quarter even as it reported its first drop in quarterly revenue hurt in part by shortage of a component. Shares of Rivian (NASDAQ:) rose nearly 2% as the Irvine, California-based company…
Trump’s second term likely means changes are on the way that will impact retailers.Experts say tariffs are top-of-mind for many companies and would represent new costs for consumers.Meanwhile, tax cuts may spur spending, and regulators could have a softer touch on mergers. Donald Trump’s return to the White House is…
Investing.com — Citi Research has raised its target price for Airbus Group SE (EPA:) stock to €184, up from €182. While Airbus is now aiming for the lower end of its 2024 delivery guidance, at 750 aircraft instead of a possible high of 770, Citi analysts see this as a…
A high-protein diet can make it easier to lose weight sustainably. BI fitness reporter Rachel Hosie uses her “4/5” rule to eat enough protein without tracking food.A dietitian called the approach “sensible” and “relaxed.” As an active person, I know that eating a high-protein diet helps me feel and perform…
By Simon Jessop LONDON (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank’s chief sustainability officer told Reuters. A slowdown in electric vehicle sales, lagging adoption of biofuels in aviation…
By Ron Bousso LONDON (Reuters) – BP (NYSE:) has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with knowledge of the matter said. When unveiled in 2020, BP’s strategy was…
By Tim Hepher PARIS (Reuters) – Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over its ability to hit a revised annual target, analysts and industry sources said. In July, Airbus issued a profit warning and lowered its full-year delivery target to…
By Marie Mannes and Helen Reid STOCKHOLM (Reuters) -H&M scrapped its margin target for 2024 as higher discounting, costs and fierce competition hurt operating profit in the third quarter, denting shares in the world’s second-biggest listed fashion retailer. The Swedish retailer had cautioned in June that factors such as material…
Sometimes it’s not enough to read between the lines. More and more, you have to spell it out.In the case of Target, the days of testing the legal and ethical limits of the company’s return policy may be numbered.In a recent update to its website, Target now says it “reserves…
