BERLIN (Reuters) – Independent (LON:IOG) experts looking into the financial needs of Thyssenkrupp (ETR:TKAG)’s steel business have taken a positive view on its ability to continue as a going concern, Germany’s Der Spiegel magazine reported on Sunday. Citing informed sources, Der Spiegel reported that the steel business has financial security for at least for two…
Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Roku Inc. What happened? On Monday, Baird upgraded Roku (NASDAQ:ROKU) to Outperform with a $90 price target. *TLDR: ROKU drops 25% YTD; Baird…
Investing.com — J.P. Morgan’s 2025 U.S. economic outlook outlines two potential paths for the nation’s economy, hinging on the policy environment set by the recently elected administration. Analysts emphasize that these paths reflect a tension between stimulus-oriented policy changes and the uncertainty surrounding trade and regulation. The note flags key economic indicators and forecasts for…
Investing.com — Market exuberance has often led to dramatic corrections when valuations reached unsustainable highs. Analysts at Deutsche Bank (ETR:DBKGn) Research have identified three major episodes—each characterized by sky-high market valuations—that ended in substantial downturns: the late 1990s dot-com bubble, the pre-global financial crisis of 2007, and the speculative surge in 2021. These periods demonstrate…
Investing.com — Donald Trump’s post-election remarks and choices for cabinet appointments indicate that his administration is likely to remain aligned with his campaign pledges. Supported by a clear electoral mandate and Republican dominance in Congress, his policies are expected to focus on “beautiful” tariffs as a cornerstone of his economic strategy. According to Bernstein, these…
(Reuters) – U.S. President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world’s largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick’s financial services firm Cantor Fitzgerald is discussing…
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Phillip Securities downgrades Nvidia stock Phillip Securities cut its rating on NVIDIA Corporation (NASDAQ:NVDA) on Friday from Buy to Accumulate, citing recent price movements…
By Lucinda Elliott MONTEVIDEO (Reuters) – Voters in South America’s laid-back Uruguay, known for its beaches, legalized marijuana and stability, will head to the polls on Sunday in a second-round presidential race between moderates that closes out a bumper year of elections. The vote in the small nation of 3.4 million people sees opposition center-left…
By Crispian Balmer and Emily Rose JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu faces legal perils at home and abroad that point to a turbulent future for the Israeli leader and could influence the wars in Gaza and Lebanon, analysts and officials say. The International Criminal Court (ICC) stunned Israel on Thursday by issuing arrest…
MANILA (Reuters) – The Philippines’ security council will verify an alleged assassination threat by Vice President Sara Duterte against President Ferdinand Marcos Jr., a top official said on Sunday, describing it as a “matter of national security”. Duterte, in a strongly-worded morning briefing on Saturday, said she had spoken with an assassin and instructed them…
