UBS

Investing.com — Analysts from UBS in a note dated Tuesday said that the global steel production landscape has faced a considerable setback in August 2023, with output declining by 7% year-over-year. This decline is particularly more in China, where production plummeted by 13% year-over-year.  The drop in production reflects a…

Investing.com — Shares of ams OSRAM (SIX:) surged on Tuesday after UBS upgraded its rating of the company to “buy.”  At 5:35 am (0935 GMT), ams OSRAM was trading 13.9% higher at CHF 1.06. The brokerage’s revised outlook flagged a more positive trajectory for the semiconductor manufacturer, driven by improving…

Investing.com — Hedge funds have shown their value in protecting portfolios during times of significant market volatility, as seen in August 2024.  UBS analysts in a note flagged that hedge funds, especially those using non-directional strategies, took advantage of market disruptions while also protecting against losses in stocks and bonds. …

Investing.com — Shares of AppLovin Corporation (NASDAQ:) rose in pre-market trading on Tuesday following an upgrade from UBS, reflecting renewed investor confidence in the company’s medium-term growth prospects.  UBS analysts upgraded AppLovin to a “buy” rating from their previous “neutral” stance, driven by increased visibility into the company’s ability to…

Investing.com. — UBS has raised its European price forecasts for the fourth quarter of 2024 and 2025, citing heightened geopolitical risks and supply constraints, despite weak market fundamentals.  The new projections reflect an upward adjustment in both dollar and euro terms, driven by concerns over the uncertainty surrounding Ukraine’s gas…