UBS says self-driving cars could become a $100 billion market in China — and names stocks to play it
Autonomous driving will be a “more significant” megatrend than electric vehicles, UBS says, and names several stocks to play it.
Goldman Sachs says EV batteries are becoming ‘critical’ and names 2 stock picks
Goldman names two stocks to play the EV battery sector, giving one upside of nearly 70%.
New Zealand delivers its biggest-ever rate hike; Singapore inflation eased in October
Shares in the Asia-Pacific are mixed Wednesday after New Zealand’s central bank delivered its biggest rate hike ever.
China is showing signs its intense crackdown on the video game sector is easing
New game approvals in China and a report praising the progress of reducing gaming addiction could be positive signs for giants Tencent and NetEase.
Bolsonaro challenges Brazil election he lost to Lula
Brazilian President Jair Bolsonaro has challenged the election he lost last month to leftist rival Luiz Inacio Lula da Silva.
Stocks rise as Fed minutes show smaller rate hikes ahead
Investors are searching for signals the central bank will ease the pace of future interest rate hikes.
Manchester United’s American owners consider selling club
Fans of the team have been clamoring for a change of ownership and the Glazer Family has been the target of criticism after five years without a trophy.
HP laying off 4,000-6,000 employees globally over the next three years
HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers.
The investment case for next-gen trading stocks like Coinbase and SoFi despite crypto contagion
Investors may want to hit pause on fintech stocks too, at least in the near-term, as the market absorbs the damage done by FTX.
Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets – or find someone who will
Bob Iger may have to make major strategic decisions in his new tenure as Disney CEO that he avoided making in the past.
