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Tesla stock drops again after goldman sachs downgrades, as yet another wall street firm slashes rating

Shares of Tesla Inc. fell in premarket trading on Monday after Goldman Sachs became the latest to warn clients that it may be time to take some profit...

June 26, 2023, 5:26 am

S&p cuts its china gdp forecast for 2023 to 5.2% from 5.5% - expects uneven growth pace

Rating agency S&P Global has trimmed its forecast for economic growth in China in 2023 to 5.2% y/yTheir prior estimate was 5.5%says recovery should co...

June 26, 2023, 1:32 am

Goldman sachs cutting about 125 mds; jpmorgan cuts 40 dealmakers

Wall Street firms are slashing more jobs. Goldman Sachs Group Inc. has started cutting managing direc...

June 25, 2023, 7:37 pm

Banc of california: reducing the earnings estimate due to the top line

I've reduced my earnings estimate as I've slashed both my loan balance and margin estimates following t...

June 24, 2023, 10:33 pm

Two harbors (two) cuts dividend by 25% to preserve capital

Amid the decelerating macro-economic fundamentals, Two Harbors (TWO) slashes its dividend by 25% to lik...

June 23, 2023, 11:09 am

Top tesla bull says the ev stock could see a setback after its breathless 115% rally

Well-known Tesla bull Adam Jonas slashed his rating for the stock Thursday. Earnings will likely fall a...

June 23, 2023, 6:01 am

2023 media layoffs: warner bros. cutting about 100 employees, report says

Several media companies have slashed staff this year....

June 21, 2023, 3:12 pm

Lumen technologies analysts awaiting execution signs as target price slashed

UBS analysts updated their estimates on Lumen Technologies Inc, the third-largest phone company in the US, following Lumen's investor day, where manag...

June 21, 2023, 3:12 pm

Arlo: let the good times roll

Arlo, a cloud-driven security camera company, has seen its stock rise nearly 3x year to date due to strong fundamental performance and an upward valua...

June 20, 2023, 10:02 pm

Arcellx price target slashed, stock takes a hit as fda puts hold on clinical trial following patient death

Analysts at Baird say they still like the long-term outlook for biotechnology company Arcellx Inc (NASDAQ:ACLX) after a clinical trial for its invest...

June 20, 2023, 4:36 pm

Forexlive european fx news wrap: dollar mixed, risk rotation in play?

Headlines:Risk tones stay more cautious in European morning tradeECB's Vujčić: Core inflation pressures remain in the euro areaGermany May PPI -1.4%...

June 20, 2023, 11:39 am

Hsbc slashes china 2023 gdp forecast to 5.3% from 6.3% previously

This follows from Citi earlier here. The consensus is growing that China needs to do a whole lot more to spur demand in order to bolster economic acti...

June 20, 2023, 7:13 am

Citi cuts its china gdp forecast for 2023 to 5.5%, from 6.1%

Reuters conveying the headline that Citi cuts its China 2023 GDP growth forecast to 5.5% from 6.1%.To further details at this stage. There have loads ...

June 20, 2023, 3:40 am

More from goldman sachs - reasons for slashing their china growth forecast

The news and in brief reasoning is here from earlier:Goldman Sachs have taken a knife to their China GDP forecasts: 5.4% for 2023 (6.0% prior)And othe...

June 19, 2023, 4:30 am

Goldman sachs have taken a knife to their china gdp forecasts: 5.4% for 2023 (6.0% prior)

I posted a couple of these earlier"ICYMI - Nomura slashes its forecast for China's 2023 GDP growth to 5...

June 19, 2023, 12:14 am

Icymi - nomura slashes its forecast for china's 2023 gdp growth to 5.1% from 5.5%

Nomura note issued Friday, says the firm has cut its forecast for China's 2023 GDP growth to 5.1% from 5.5%:in view of the worsening downward spiral o...

June 18, 2023, 9:58 pm

2023 layoff tracker: oracle reportedly cuts hundreds of jobs while nikola slashes 270

Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023....

June 16, 2023, 5:50 pm

Bell media slashes 1,300 jobs; prominent journalists let go

BCE Inc's Bell Media division announced Wednesday it is eliminating 1,300 jobs, or 6% of its workforce, closing six radio stations and selling another...

June 15, 2023, 10:21 am

Goldman sachs to intensify cost-cutting drive amid continued revenue concerns

Goldman Sachs (NYSE:GS) management is set to take its cost-cutting measures to the next level as part of its bid to ...

June 15, 2023, 8:55 am

Don't fall for the latest nio stock rally. it's a trap

As I recently discussed, China-based electric vehicle maker Nio (NYSE: NIO ) this week announced plans to slas...

June 15, 2023, 6:10 am


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