Jefferies downgrades Nike to hold from obtain. Here’s what the execs say to do next
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EU says TikTok and Meta broke transparency rules under landmark tech law
In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England. Anna Barclay | Getty Images News | Getty Images The European Commission, the executive arm of the European Union, said on Friday that it had preliminarily found both TikTok and Meta in breach of […]
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European stocks higher as earnings buoy sentiment; Saab up 4.5% amid defense boom
LONDON — European stocks opened in positive territory on Friday amid a slew of earnings reports. The pan-European Stoxx 600 was 0.1% higher at 8:43 a.m. in London (3:43 a.m. ET), though sectors and bourses were mixed. The U.K.’s FTSE 100 and Italy’s FTSE MIB were around 0.1% higher in the first hour of […]
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AI, private credit, inflation: Global fund managers reveal their top concerns heading into year-end
Fund managers are taking a cautious stance as the fourth quarter gets underway, opting to go underweight in risk assets in favor of defensive plays with lower volatility. AI, private credit, sticky inflation — and the Fed’s ability to deal with it amid interference from U.S. President Donald Trump — are top of mind for […]
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