Analyst Karen Short maintained her outperform rating on the stock and raised her price target to $180, which suggests a 12.3% upside from Thursday’s close.
IEA flags risk of higher oil prices, cuts 2024 demand view
The International Energy Agency on Friday said OPEC+ supply cuts could erode inventories in the rest of this year.
Amazon shares can rally more than 65% as cloud revenue growth reaccelerates, Redburn says
Analyst Alex Haissl maintained his buy recommendation on the stock and raised his price target to $230 from $220.
How more than a trillion dollars in U.S. government infrastructure spending can boost these 3 industrial stocks
The U.S. government’s infrastructure spending stands to boost the prospects for a number of industrials in the Club portfolio.
U.S. sanctions 4 of Russia’s financial elite; Russian strike on hotel kills 1
The U.N. humanitarian coordinator for Ukraine said she was “appalled” by the attack, adding the hotel was frequently used by U.N. personnel and NGO workers.
Occidental and Climeworks big winners as Biden allocates billions for CO2 removal
The U.S. Department of Energy is investing $1.2 billion in giant vacuums that suck carbon out of the air–an effort to slow global warming.
With eyes on Taiwan, new China ban shows the U.S. may be learning lessons from mistakes with Russia
U.S. moves to ban certain investment in China suggest that Western allies may be learning from national security failings in Russia, according to analysts.
Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023
Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year.
UK economy posts surprise second-quarter growth as households kept spending
The U.K. economy recorded surprise growth in the second quarter as household consumption rose.
UBS ends Credit Suisse’s government and central bank protections
UBS’ takeover of Credit Suisse was brokered in March, amid talks with the Swiss government, the Swiss National Bank and regulator FINMA.
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