The firm also raised its price target for the chain.
Buy this social media platform with upside of more than 20%, HSBC says
The firm initiated the stock as a buy, citing multiple reasons to be optimistic.
Credit card growth and a deals uptick lead to Morgan Stanley upgrade for this bank
The firm upgraded shares traded in London to overweight from equal weight.
Jamie Dimon says India optimism is ‘completely justified’
JPMorgan Chase Chairman and CEO Jamie Dimon struck a bullish tone at the India Investor Summit.
AI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers
Kneron is looking to capitalize on the investor interest in AI and the chip technology that underpins it, underscored by Nvidia’s 180% rally this year.
Alibaba to list its logistics unit Cainiao as part of historic shakeup
Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing Tuesday.
Meta’s Threads struggles to grow amid rivalry with Elon Musk’s X, ranking ahead of only Tumblr
Threads ranks near the bottom of the most popular social apps and continues to trail X, according to Insider Intelligence’s first forecast of the Twitter clone.
JPMorgan upgrades this sports betting stock that can rally 35%
The bank upgraded the stock to overweight from neutral.
Russia smells blood as Ukraine tries to stop war fatigue spreading among allies
Ukraine is trying to keep its international backers close as diplomatic gaffes, war fatigue and elections threaten to upset its alliances.
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase CEO Jamie Dimon says geopolitics in light of Russia’s invasion in Ukraine is the biggest risk, larger than high inflation or a U.S. recession.
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