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Why Wells Fargo sees more upside for Microsoft shares?

Wells Fargo has kept its bullish stance on Microsoft, citing the tech giant’s accelerating growth in artificial intelligence and robust financial performance. Analyst Michael Turrin maintained an “overweight” rating on…

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JPMorgan stock in focus as Q2 results beat estimates, posting $15 billion in income

JPMorgan stock remained in focus on Tuesday after the company posted another strong quarter, even as the broader environment remained choppy. The bank reported $15 billion in net income for…

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Netflix stock price forecast ahead of earnings: buy or sell?

Netflix stock price pulled back this month as investors waited for the upcoming earnings. NFLX retreated to a low of $1,260 on Monday, down from the year-to-date high of $1,340.…

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US stocks climb at open: S&P up 0.5%, Nasdaq surges around 1%

US equities advanced on Tuesday as investors digested June inflation data and looked ahead to the second-quarter earnings season. The S&P 500 rose 0.5%, the Nasdaq Composite gained 0.8%, while…

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Are Pony AI US operations really up for sale?

Pony AI Inc (NASDAQ: PONY) chief executive James Peng, says the company’s US operations are not officially on the market, but the door isn’t entirely closed either. In an interview…

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Dow Jones forecast ahead of earnings season as fear and greed index surges

The Dow Jones Index has surged and entered a bull market in the past few months. After crashing at $36,615 in April, the blue-chip index has rebounded by over 21%…

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Rivian faces downgrades and demand concerns amid EV incentive cuts

Electric vehicle (EV) manufacturer Rivian Automotive Inc. (NASDAQ: RIVN) has come under pressure from Wall Street, with Guggenheim downgrading the stock from “Buy” to “Neutral,” and removing its previous $16…

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Kenvue stock rises on CEO exit as company launches strategic review and warns of lower sales

Kenvue, the Johnson & Johnson spinoff that owns brands such as Tylenol and Benadryl, announced Monday that Chief Executive Officer Thibaut Mongon has stepped down. Kenvue shares were up by…

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Why India is rushing to build bigger banks and what’s standing in the way

India is stepping up efforts to expand its banking sector, aiming to fuel its rapid economic growth and inch closer to its $5 trillion GDP target. To realise this, the…

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Wall Street braces for weakest earnings season since 2023 amid market highs

As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many now hope will be validated by incoming corporate results. Yet…

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