Mexico stocks are surging this year on reshoring bets, but big risks can knock down the rally
Nearshoring, also called reshoring, onshoring, inshoring or backshoring, is helping drive Mexican stocks higher this year.
As Twitter continues to implode, advertisers pin their hopes on Threads
Advertisers are interested in Meta’s new Threads app as a new social channel to reach consumers while Twitter continues to struggle.
Other countries don’t have an issue with ‘tipflation.’ Here’s how much people tip around the world
Not only are tips getting bigger in the U.S., but Americans also tip for a wider range of services. In other countries, a gratuity is still a small gesture.
SunPower shares can more than double after recent sell-off, Raymond James says
The analyst views the weakness in the solar stock, down by more than 45% this year, as “excessive.”
This automaker can navigate the EV transition better than investors think, Bank of America says
The firm said there are more reasons to be positive on this automaker than Wall Street expects.
UBS hikes Netflix price target ahead of earnings, says shares can jump nearly 20%
The firm’s rosy outlook stems from the introduction of paid sharing on the platform.
Atlantic Equities downgrades Coinbase after rally, cites weak crypto volume
The firm pointed out cryptocurrency volumes are low, even as high prices buoy investor sentiment.
Google and Meta got customer data from tax prep firms, and lawmakers want a probe
Both the tax prep companies and tech firms were “reckless” in how they handled sensitive information, the lawmakers wrote.
Iowa Republicans pass a new 6-week abortion ban
Passage capped a marathon one-day special legislative session. It now goes to Republican Gov. Kim Reynolds for her signature.
Ron DeSantis says he wouldn’t be Trump’s running mate: ‘I’m not a No. 2 guy’
Ron DeSantis said he would rather stay on as governor because the vice presidency “doesn’t really have any authority.”
