Morgan Stanley downgrades this Chinese e-commerce stock on weak consumer demand
The firm lowered its rating on shares to equal weight from overweight and slashed its price target approximately 40%.
JPMorgan says this packaged food company can rally 25% due to strong cash flow
The firm initiated coverage on Post Holdings with an overweight rating.
Buy this beaten-down discount retailer after a major leadership change, Gordon Haskett says
Analyst Chuck Grom upgraded shares to buy from hold in a Friday note.
Former IRS contractor pleads guilty to leaking Trump tax records
Charles Littlejohn, 38, pleaded guilty to one count of disclosure of tax return and return information at a brief hearing in federal court.
GOP’s Scalise ends his bid to become House speaker as Republican holdouts refuse to back the nominee
Republican Steve Scalise ended his bid to become House speaker late Thursday after hardline holdouts refused to back the party’s nominee.
Europe is investigating Elon Musk’s X about Israel-Hamas misinformation, violence on the app
The European Commission is investigating whether X is complying with the Digital Services Act for its handling of Israel-Hamas war misinformation and violence.
Billboards in Israel were briefly hacked to display pro-Hamas messages as cyberwar ramps up
Cybersecurity threats in Israel are mounting amid the Israel-Hamas war.
Flexport is laying off 20% of its workforce
The layoffs are the latest cost-cutting move by Petersen, who returned as CEO last month after ousting Dave Clark.
Potential end of biggest bond bear market ever has some investors considering fixed income for the first time
More investors are trying to lock in higher yields ahead of likely rate cuts next year from the Federal Reserve.
Shipping giant Maersk to add SpaceX’s Starlink internet to more than 330 ships by early next year
Danish logistics giant Maersk is adding SpaceX’s Starlink to more than 330 container ships.
