Business
Teva is primed for a big bounce after years of underperformance, Barclays says
A series of opioids lawsuits have plagued the pharmaceutical company for years. Source
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UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up
A ramp up in user engagement data could drive shares higher for the social media platform, analysts say. Source
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GM and Honda to partner on ‘affordable’ electric vehicles
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images DETROIT – General Motors and Honda Motor will develop a series of affordable electric vehicles based on a […]
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Goldman upgrades Generac, bets on increased adoption of company’s clean energy products
Generac shares could get a boost as adoption for its clean energy products grows, according to Goldman Sachs. Source
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Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch internet satellites
Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it says is the biggest rocket deal in the commercial space industry’s history, signing on with three companies for up to 83 launches of its […]
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MKM downgrades Twitter after huge pop on Musk stake, warns user growth still an issue
Analysts expect Musk will “cast a long shadow” on the social media platform for the foreseeable future. Source
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Wells Fargo says buy these three fintech stocks, sees $1.5 trillion revenue opportunity
Now is a “highly opportune” time for investors to give these stocks a fresh look given their current valuations, Wells Fargo said. Source
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Three former DeepMinders are developing A.I. to pick stocks and crypto
ArtBox Images | Getty Images Three former DeepMind employees are trying to train a machine to spot and invest in company stocks and cryptocurrencies before they rise. Martin Schmid, Rudolf Kadlec and Matej Moravcik left Alphabet-owned DeepMind in January to set up EquiLibre Technologies, relocating from Edmonton in Canada to Prague in the Czech Republic […]
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Wind energy needs dramatic increase to hit net-zero goals, new report says
Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council. […]
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Qualcomm CEO says company is focusing on dividends to bring shareholders value
Qualcomm is currently focusing on using dividends to bring shareholders value rather than buying back its stock, chief executive Cristiano Amon told CNBC’s Jim Cramer on Monday. “We had increased our dividend. We talked about annualized dividend targets, high single digits, low double-digit growth rates, and we are going to continue to look for opportunistic […]
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