Analysts overhaul Micron stock price targets amid post-earnings slump
Micron Technology shares have lost more than $70 billion in market value since their late June peak.
Micron Technology shares have lost more than $70 billion in market value since their late June peak.
(Bloomberg) -- Donald Trump’s plans to impose sweeping tariffs on foreign-produced goods are likely to reignite the risk of high inflation and low US economic growth, posing a threat to stocks, according to a Lazard strategist.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Hal
Apple's main product event didn't boost the stock much as investors assessed whether new AI features will drive the next iPhone upgrade cycle. But that's in line with its previous launches, one analyst explained.
(Bloomberg) -- Germany’s SAP SE has long been one of Europe’s most important tech stocks. But it’s now winning more US investor interest — and shaking off a long history of trading at a discount to peers.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit To
(Bloomberg) -- Short sellers are closing more bearish bets on European property companies because of expectations falling interest rates will support stock valuations. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025Short inte
McDonald's limited time offer, the $5 Meal Deal, is getting an extended stay on the fast-food chain's menu..
Futures Rise Pre-Bell Ahead of PPI Report; Asia, Europe Gain
Just Drinks sat down with Fawn Weaver in London to discuss the future of premiumisation and navigating a tough global spirits market.
A tight U.S. presidential election race has unnerved investors in emerging markets, who fear a return of former President Donald Trump to the White House could hurt emerging markets just as they were poised to shine. But analysts are now concerned that under a second Trump presidency trade barriers could be buttressed, spurring a rebound in inflation and thereby interest rates, lifting the dollar and eventually weighing on emerging markets again. "Normally this would be a good macro backdrop for emerging markets: resilient growth, continued disinflation and a weak dollar," Arun Sai, senior multiasset strategist at Pictet Asset Management, told the Reuters Global Markets Forum (GMF).
According to GlobalData, Japanese OEMs don’t appear to be proactive in the NEV transformation