Buy SpaceX shares ahead of this week’s Starship launch, says UBS
UBS keeps its buy rating and sees SpaceX reaching huge milestones if its next test flight is successful.
Amazon shares are really cheap compared with competitors Walmart and Alphabet, says Jefferies
Amazon is looking less expensive than comparable stocks such as Walmart and Alphabet, making it an attractive addition to portfolios, per Jefferies.
Warren Buffett on the market today: ‘It’s tough to find values when everybody is preferring gambling’
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
Alibaba’s U.S.-listed shares rise 4% after Qwen AI set to be integrated in Apple Intelligence
The Cyberspace Administration of China on Wednesday included Apple’s AI services on a list of approved providers.
Warren Buffett tells CNBC he initiated Berkshire Hathaway’s investment in Alphabet
Warren Buffett said he was the driving force behind the conglomerate’s recent big investment in Alphabet.
J&J quarterly earnings beat Wall Street estimates on strength of medicines unit
Johnson & Johnson also increased its full-year sales and profit forecast.
Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank’s interest rate decision next week.
Midnight social media curfew and limits to infinite scrolling proposed for older UK teens
The U.K. government has proposed new measures to protect older teens on social media, including a midnight curfew and a limit to infinite scrolling.
Treasury yields fall as traders react to encouraging inflation data
Treasury yields fell on Wednesday as traders weighed another tamer-than-expected inflation report.
