Part of call from UBS is related to a higher conviction in a consumer spending slowdown.
Denmark salvages mystery object near Nord Stream 2 pipeline
Danish authorities have salvaged an object found close to the Nord Stream 2 gas pipeline in the Baltic Sea, the Danish Energy Agency said on Wednesday.
Carl Icahn wants to bring back Illumina’s ex-CEO ‘immediately’ as proxy fight intensifies
Icahn said Illumina should bring back former CEO Jay Flatley, saying current management is making the mistake of holding onto the $7.1 billion Grail deal.
Goldman sees a ‘meaningful ramp-up’ in solar ahead and gives the best ways to play it
The firm listed six U.S.-listed stocks that could benefit from the shift to solar power.
‘I would never go back’: Why people love the 4-day workweek, which companies are hiring, and more
A four-day workweek takes a special skill set, but the payoff — a three-day weekend — is huge. Think you have what it takes? It’s CNBC’s Work It newsletter.
Pending home sales squeezed out a tiny gain in February, as mortgage rates jumped
The average rate on the popular 30-year fixed mortgage started February right around 6% and ended the month just over 7%
Citi upgrades Lululemon shares to buy, citing strong brand momentum
Citi upgraded Lululemon shares to buy from neutral, saying that it has more than 37% upside as its brand momentum continues.
Space infrastructure company Redwire trims quarterly losses, builds order backlog
Space infrastructure company Redwire reported fourth-quarter results on Wednesday, with the company further trimming its losses and building its order backlog.
This low volatility ETF is ripe for a rebound, UBS says
An ETF strategist from UBS says investors should pay more attention to a fund that has underperformed so far this year. Here’s why.
Stocks are rising, but megacap tech is doing most of the heavy lifting
It’s starting to look a lot like 2021 in the stock market.