The bank issued a list of overweight-rated companies for investors seeking safety in uncertain markets.
Source
Morgan Stanley says the time is right for steady utilities stocks. These are the firm’s favorites
Business
Rivian beats Wall Street’s Q3 expectations, maintains guidance
Rivian electric SUV parked outside brick showroom on a sunny day, San Francisco, California, August 19, 2025. Smith Collection/gado | Archive Photos | Getty Images DETROIT – Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported a its second quarterly gross profit this year thanks to a joint venture with […]
Read More
Business
Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private
Shares of Papa John’s sank nearly 20% on Tuesday following a report that Apollo Global has withdrawn its offer to take the pizza chain private. Reuters reported that the private equity firm backtracked on its bid, valued at $64 a share, about a week ago. The firm previously submitted an offer for Papa John’s alongside […]
Read More
Business
Pure EV automakers Rivian, Lucid face growing challenges amid Q3 results
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images DETROIT — Challenges are mounting for all-electric vehicle manufacturers Rivian Automotive and Lucid Group as the companies try to sell investors on a brighter, more profitable future to come. […]
Read More