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Invezz news releases related Invezz news releases and Invezz press releases from 10/17/23 09:20:16 on US and Canada Markets.
2023-10-17 09:20:16 ET The situation is getting worse for companies in the electric vehicle (EV) industry as more signs of slowdown emerge. On Monday, Ford confirmed that it was slashing its Lightning output, a notable situation since it is one of the most popular EVs in the US....
2023-10-17 08:08:15 ET The Simon Property Group (NYSE: SPG) stock price has moved sideways in 2023 as concerns about high-interest rates and the upcoming wall of maturities. The stock has dropped by about 7.23% this year and is 14.6% below the YTD high. It remains 11.2% above its lowest...
2023-10-17 07:01:33 ET Medical Properties Trust (NYSE: MPW) stock price has been in a freefall this year as concerns about its maturities and dividend safety continue. The shares crashed to a low of $4.67 on Monday, its lowest level since 2012. It has dropped by over 75% from its all-ti...
2023-10-16 16:40:52 ET DR Horton Inc (NYSE: DHI) has lost about 20% over the past three months but a Goldman Sachs analyst is convinced that the story moving forward will be a different one. DR Horton stock should be worth $131 Susan Maklari upgraded the homebuilder this morning...
2023-10-16 13:56:06 ET Microsoft Corp (NASDAQ: MSFT) is up 2.0% at writing after LinkedIn – the social network for businesses it bought in 2016 laid off nearly 700 of its employees on Monday. Why did LinkedIn decide to cut jobs? Jobs that were cut the most were in enginee...
2023-10-16 13:01:15 ET Ford Motor Co (NYSE: F) is trading up at writing even though Bill Ford – its Executive Chairman told autoworkers today that continued strike is a threat for the future of the company. UAW hasn’t responded to Ford so far On Monday, the great-g...
2023-10-16 12:09:15 ET Starboard Value has built a sizable stake in News Corp (NASDAQ: NWSA). Shares of the mass media company are up 3.0% at writing. Semafor editor-in-chief reacts to the news Anonymous sources told the Wall Street Journal today that Starboard plans on push...
2023-10-16 11:40:59 ET MicroStrategy (NASDAQ: MSTR) stock price has pulled back in the past few months as the crypto winter continues. The shares were trading at $335.48 on Monday, 30% below the highest point this year. Still, they remain ~155% above the lowest point in 2022. MicroS...
2023-10-16 11:07:13 ET Apple Inc (NASDAQ: AAPL) is in focus this morning following a report that Huawei has started to outsell its iPhone in China. Apple’s iPhone 15 is not doing all that well in China Edison Lee – a Jefferies analyst said in a report this morning ...
2023-10-13 12:41:12 ET Shares of Netflix Inc (NASDAQ: NFLX) are trading down at writing after they were downgraded to “peer perform” at Wolfe Research. Risk-reward is ‘balanced’ in Netflix stock Peter Supino also removed his price objective on the str...
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