JPMorgan expects U.K. interest rates to peak at 5.75%, but cautions that they could go higher “under some scenarios,” hitting as much as 7%.
Mortgage demand drops to lowest level in a month, as interest rates rise
Rising interest rates had a direct impact on mortgage demand, which had been rising for weeks.
Bank of America upgrades Sweetgreen, says automation can boost the salad stock by 30%
Bank of America thinks momentum is on Sweetgreen’s side, even as people return to the office at a slower-than-expected pace.
Qatar Airways reports record revenues, bolstered by FIFA World Cup
Qatar Airways announced record annual revenue Thursday after the company’s finances were bolstered by the FIFA World Cup.
Citi says buy this aircraft maker with more than 30% upside
Citi initiated coverage on the aircraft company with a buy rating. The firm said shares have already priced in a muted macro outlook.
Wolfe Research says buy this mall operator that’s trading at a discount
Analyst Andrew Rosivach said that shares are trading at a discount relative to its strip mall peers and overall coverage.
‘Life is like it is’: TotalEnergies CEO defends strategy despite calls to cut fossil fuel production
The comments by TotalEnergies CEO Patrick Pouyanne come after French riot police fired tear gas at climate activists trying to prevent the firm’s AGM.
Need a new passport? State Department tells travelers to apply at least 6 months before departure
The agency is getting about 400,000 passport applications every week.
This green hydrogen stock can rally more than 20%, says Citi
The bank initiated coverage on the stock with a buy rating and $13 price target.
Dow closes more than 300 points lower as hot jobs data raises fears of Fed rate hikes: Live updates
Stocks fell as traders assessed the hotter-than-expected ADP payrolls report.
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