A Citic Press book stand advertises for the release of the Chinese version of Walter Isaacson’s new Elon Musk biography. CNBC | Evelyn Cheng BEIJING — Walter Isaacson’s new biography of Elon Musk hit the Chinese market Tuesday, several hours ahead of the U.S. release due to a time difference that puts Beijing 12 hours…
A view of the Standard Chartered bank in Singapore, May 3, 2023. Caroline Chia | Reuters Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore on Tuesday in a bid to tap into the country’s rapidly growing digital asset market. The development makes Zodia the first entity that is owned…
Market Movers rounded up the latest reactions on Qualcomm from investors and analysts. The pros discussed the chipmaker after the company announced it will continue to supply 5G modems for Apple’s smartphones through 2026 . Wall Street analysts and Qualcomm officials had previously thought Apple would produce and use its own 5G modem starting in…
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it…
Visitors at the Tesla booth at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker jumped 6% after Morgan Stanley upgraded the stock to overweight from equal weight. Analyst Adam Jones…
Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Check out the companies making headlines in premarket trading Monday. Tenable Holdings — The exposure management solutions provider rose 3% before the market opened following an upgrade to overweight from neutral at JPMorgan. The bank said the company is positioned to see better business fundamentals in the…
FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart and other workers protested for better wages, hazard pay and sick time. (Photo by David L. Ryan/The Boston Globe via Getty Images) Boston Globe Instacart…
Market Movers rounded up the latest reactions on Goldman Sachs from investors and analysts. The pros, including Jim Cramer , discussed the investment bank after CEO David Solomon addressed Wall Street’s concerns about his company in an interview with CNBC . He responded to recent negative news reports on his leadership style at the firm.…
Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Hudson Pacific Properties — The California-based commercial real estate company…
The biopharmaceutical sector is poised to bounce back this year, and Gilead Sciences could be a key beneficiary, according to Bank of America. Analyst Geoff Meacham upgraded Gilead to buy from neutral. He increased his target price for the stock by $7 to $95, which suggests shares stand to gain 28.5% from where they closed…
