Here are Monday’s biggest calls on Wall Street: Goldman Sachs initiates Ferrari as buy Goldman said the luxury vehicle company is firing on all cylinders. “We initiate with a Buy rating on Ferrari as we see a large volume of higher-priced Special Series volumes driving ASP growth for the company …
Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous …
A stack of old mobile phones are seen before recycling process in Kocaeli, Turkiye on October 14, 2024. Anadolu | Anadolu | Getty Images As the U.S. and China vie for economic, technological and geopolitical supremacy, the critical elements and metals embedded in technology from consumer to industrial and military …
Here are Monday’s biggest calls on Wall Street: William Blair downgrades Tesla to market perform from outperform William Blair said it’s concerned about the effect on Tesla from the Big Beautiful bill passage. “The ‘Big, Beautiful Bill’ Might Be Too Much for Tesla Shares, Downgrading to Market Perform.” Read more …
A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. China Stringer Network | Reuters In April 2025, China imposed new export controls on seven rare earth elements and the permanent magnets derived from them — materials that form the foundation of …
Votes for the U.S. presidential election are being counted , and the early indications point to a victory for former President Donald Trump. As of around 10 p.m. ET, Trump led Vice President Kamala Harris 201-91 in the electoral college. To be sure, there are still many key races in …