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You are here: Home / Archives for US Top News and Analysis

Embark shares tank as autonomous trucking firm mulls ‘shutting down completely’

March 7, 2023 by US Top News and Analysis

The self-driving truck company Embark announced it would lay off 70% of its employees and start evaluating options, including winding down the business.

Filed Under: Uncategorized

Dick’s Sporting Goods smashes same-store sales expectations for holiday quarter

March 7, 2023 by US Top News and Analysis

Dick’s Sporting Goods same-store sales increased 5.3% in the fourth quarter, more than double analyst’s estimates of 2.1%.

Filed Under: Uncategorized

Deutsche Bank downgrades Joby, says risks to electric aircraft stock are being overlooked

March 7, 2023 by US Top News and Analysis

Analyst Edison Yu downgraded the stock to sell from hold. Yu also cut $2 off his price target to make it $4. His new target implies the stock could slide 11.1%.

Filed Under: Uncategorized

Credit Suisse says this biotech stock can surge 100%, citing an opportunity in obesity-related hypertension

March 7, 2023 by US Top News and Analysis

Analyst Richard Law initiated coverage of the health-care stock with an outperform rating.

Filed Under: Uncategorized

BlackRock says European companies are showing ‘surprise resilience’ — and better value than the U.S.

March 7, 2023 by US Top News and Analysis

European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent’s stock outperformance of the U.S. looks set to continue, according to BlackRock.

Filed Under: Uncategorized

Goldman Sachs says buy Juniper Networks, sees nearly 25% upside for the stock

March 7, 2023 by US Top News and Analysis

Analyst Michael Ng initiated coverage of Juniper Networks with a buy rating.

Filed Under: Uncategorized

Best Buy will set up in-home hospital care through a new deal with Atrium Health

March 7, 2023 by US Top News and Analysis

The retailer is expanding its health-care business as sales of other consumer electronics slow.

Filed Under: Uncategorized

Commercial real estate has a ‘shock coming’ as return-to-office plans fall short, CEO says

March 7, 2023 by US Top News and Analysis

Offices in the future could work in a similar way to gas stations, Mark Dixon, CEO of flexible office company IWG, told CNBC.

Filed Under: Uncategorized

How China’s shifting growth picture could hit global markets

March 7, 2023 by US Top News and Analysis

China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will “disappoint” global markets, according to David Roche.

Filed Under: Uncategorized

Ukraine war live updates: Ukraine vows to fight on in Bakhmut and inflict steep losses on Russia; China defends ties to Moscow

March 7, 2023 by US Top News and Analysis

Ukraine vowed to continue defending Bakhmut and will send reinforcements into the city in Donetsk, despite Russian forces effectively surrounding it.

Filed Under: Uncategorized

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