Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the labor market kept humming, payroll services firm ADP reported Wednesday.
Bank of America sees this chipmaker rallying more than 25% as electric vehicle demand grows
BofA said the auto sector remains a strong growth theme, as greater adoption of EVs and their related charging infrastructure drive demand for semiconductors.
Goldman Sachs says buy Taser maker Axon Enterprise, as greater oversight of police will drive demand
The firm said the taser maker deserves its premium valuation even with the stock up more than 33% this year.
JPMorgan says buy this oil tanker stock that can rally more than 40%
Analyst Samuel Bland initiated Scorpio Tankers with an overweight rating, saying the oil tanker operator has a rosy outlook ahead.
Berenberg downgrades Tesla, says there’s ‘less room for disappointment’
The stock is already 52% higher this year as Tesla unveiled a series of price cuts that has stoked demand for its electric vehicles.
China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom
China is the global leader in renewable energy expansion, adding new projects to the grid almost as fast as the rest of the world combined in 2022.
U.S. plans to lift Covid testing requirements for travelers from China
Since early January, the U.S. government has required a pre-departure negative Covid test for anyone flying in from China.
White House endorses new Senate TikTok bill, urges Congress to pass it ‘quickly’
The White House threw its support behind a new bipartisan Senate bill that would give the Biden administration the power to ban TikTok in the U.S.
Mast Reforestation is using drones, nurseries and carbon offsets to revitalize land after wildfires
Mast Reforestation, formerly DroneSeed, is ramping up the supply of native seeds needed for reforestation after record wildfires in the U.S. West.
Hightower’s Stephanie Link sells Occidental Petroleum, says there are ‘better places’ in energy
Occidental was one of the best performers in 2022 on the back of rising oil prices, returning 119% last year.
