Year: 2022
Oppenheimer downgrades Tesla, says Elon Musk’s dealing with of Twitter could damage electric powered motor vehicle maker
Elon Musk’s dealing with of Twitter is harming sentiment all around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform, saying he can no more time individual protection of the electric powered motor vehicle maker from Musk ‘s controversial management of the social media system. “Although we go […]
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Drug overdose deaths among teenagers surged during the pandemic driven by illicit fentanyl
Drug overdose deaths among adolescents surged during the Covid-19 pandemic, driven overwhelmingly by illicit fentanyl, according to a report from the Centers for Disease Control and Prevention. Monthly drug overdose deaths nearly tripled among adolescents ages 10 to 19 during the first two years of the pandemic. Deaths rose from 31 in July 2019 to […]
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Warner Music upgraded at Atlantic Equities, says shares could jump 20% on growing global music streaming market
Shares of Warner Music Group could jump more than 20% from current levels, according to Atlantic Equities. Media analyst Hamilton Faber upgraded WMG to overweight, saying a recent analysis of the global music streaming market showed strong growth ahead for Warner, one of the “big three” music companies along with Universal Music and Sony Music. […]
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Worldwide coal use is on system to strike all-time higher this 12 months, IEA states
Staff photographed on top rated of a educate loaded with coal in China. World use of coal is projected to improve by 1.2% this 12 months and strike a report high, according to the Intercontinental Electricity Company. VCG | Visible China Team | Getty Visuals World coal use is on program to improve by 1.2% […]
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European stocks increased as investors evaluate curiosity charge outlook
European marketplaces were being cautiously greater on Monday, coming off a losing 7 days as hawkish reviews from big central banks signaled further financial coverage tightening in 2023. The Stoxx 600 was up .5% in afternoon trade, with all significant bourses trading in beneficial territory. Oil and fuel led gains, up 2.4%, followed by retail, […]
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Adults are buying toys for themselves, and it’s the biggest source of growth for the industry
Disney’s Star Wars merchandise stuffed toys depicting Grogu character, commonly known as Baby Yoda. Chukrut Budru |Sopa Images | Lightrocket | Getty Images There are two things keeping the toy industry afloat right now: inflation and a consumer group known as “kidults.” These kids at heart are responsible for one-fourth of all toy sales annually, […]
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MoffettNathanson downgrades AT&T, says telecom stock is overvalued heading into 2023
There’s trouble ahead for AT & T as it competes with Verizon , according to MoffettNathanson. Analyst Craig Moffett downgraded AT & T to underperform from market perform, saying it’s time to sell the stock ahead of 2023 after its outperformance this year. Shares of AT & T are down just 0.5% in 2022, compared […]
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‘Crunch time’: EU associates in past-moment thrust to compromise on gas value cap
A employee walks past gas pipes that connect a Floating Storage and Regasification Device ship with the major land in Wilhelmshaven, northern Germany on December 17, 2022. EU electricity ministers are wrangling more than a proposed rate cap on fuel. Michael Sohn | Afp | Getty Pictures European Union nations are engaged in crunch talks to cap […]
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5 things to know before the stock market opens Monday
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Holiday blues U.S. stock markets are on their first two-week losing streak since […]
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