Barclays analyst Raimo Lenschow recommends taking profit and moving to the sidelines in CoreWeave Inc (NASDAQ: CRWV) following its explosive rally over the past few months.Lenschow downgraded the artificial intelligence startup this morning to “equal weight”, adding he can’t think of a near-term catalyst that could push the CRWV share…
CNBC’s Jim Cramer says Disney’s stock still has plenty of upside, fueled by the blockbuster success of its latest live-action remake, Lilo & Stitch. After a string of box office disappointments, the film’s surprise performance is breathing new life into the entertainment giant. Lilo & Stitch makes box office historyThe…
Shopify Inc (NYSE: SHOP) president Harley Finkelstein says the e-commerce giant was built for challenging times and is, therefore, strongly positioned to weather tariff uncertainty in 2025.Speaking recently with CNBC, Finkelstein argued that building a business on Shopify is a “huge advantage” for retailers as the platform equips them with…
Wall Street analysts expect Nvidia’s Q1 earnings on Wednesday (after the bell) to be “messy” and include disappointments on key metrics.However, the expected near-term weakness is hardly a reason to bail on NVDA shares – they’re telling clients heading into the company’s release.Note that Nvidia stock has already rallied some…
Australia has granted approval to Woodside Energy’s proposal to extend the operational lifespan of its North West Shelf gas plant until the year 2070. This decision comes after an extensive six-year review process that was marked by considerable delays, multiple appeals, and strong opposition from environmental organisations, Reuters said in a…
Elon Musk has publicly expressed his disapproval of President Donald Trump’s recently passed House tax bill, a sweeping piece of legislation that the billionaire entrepreneur says runs contrary to his own efforts to curtail government spending.Musk’s critique adds a high-profile voice to the growing chorus of concerns surrounding the bill’s…
A fresh wave of volatility in Japan’s government bond market is unsettling investors worldwide, amid signs of weakening demand for long-dated debt and growing concern over the broader implications for global financial markets.For decades, Japan’s $7.8 trillion bond market was viewed as one of the most stable in the world.…
European stock markets exhibited a cautious and mixed start to Wednesday’s trading session, with the pan-European Stoxx 600 index hovering near flat territory as investors braced for a significant influx of economic data from across the continent. Currency markets saw both the British pound and the euro soften against the…
The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into the company’s operations and dividend practices. The fine, which is the largest ever issued by the regulator, includes £104.5 million for serious failings in the company’s wastewater management and a…
Asia-Pacific stock markets concluded Wednesday’s trading session with a varied performance. Investors weighed the positive implications of US President Donald Trump’s decision to extend the deadline for imposing 50% tariffs on European Union imports against a backdrop of domestic economic data and corporate developments. While some regional bourses advanced, Indian…