Wolfe upgraded shares to outperform from peer perform.
Barclays downgrades Tesla, says investors should take profits after the stock’s massive rally
Analyst Dan Levy downgraded the electric vehicle maker’s stock to equal weight from overweight.
Senate Banking Committee to consider bipartisan bill to claw back executives’ pay when banks fail
Lawmakers are attempting to hold banking executives who oversee bank failures accountable, by giving regulators power to claw back compensation.
CEOs do matter when picking stocks. 5 things we look for in a leader and examples from our portfolio
Our goal is to invest in businesses that make money over the long run. That’s why we care so much about who is charge.
Stocks close lower for third straight day, Nasdaq drops 1% as investors’ optimism wanes: Live updates
Investors took a breather from last week’s market rally.
Business in China is getting harder for European companies despite the end of Covid controls
European businesses in China are finding it harder to operate in the country, even after it has re-opened from Covid, the EU Chamber of Commerce in China said.
UK net debt hits highest level in more than 60 years, topping 100% of GDP
The U.K.’s public sector net debt in May exceeded 100% of GDP for the first time since 1961, the Office for National Statistics said Wednesday.
Ukraine war live updates: Putin says new nuclear missiles ready to deploy soon; West pledges billions to help rebuild Ukraine
International leaders, officials and investors are in London on Wednesday for a two-day “Ukraine Recovery Conference.”
CNBC Pro: Goldman Sachs names the winners and losers of an expected glut in EV battery parts
UK inflation exceeds expectations in May, piling pressure on the government and Bank of England
U.K. inflation came in hotter than expected in May as consumer prices rose by an annual 8.7%, unchanged from the previous month.
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