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Disney, Charter reach distribution deal ahead of 'Monday Night Football'
12/09/2023

Disney, Charter reach distribution deal ahead of 'Monday Night Football'

Exclusive: Suedzucker unit drops plan to lift French sugar output, citing Ukraine imports
12/09/2023

Exclusive: Suedzucker unit drops plan to lift French sugar output, citing Ukraine imports

Tesla (NASDAQ:TSLA) has made remarkable strides in China's booming electric vehicle market this past month.
11/09/2023

Tesla (NASDAQ:TSLA) has made remarkable strides in China's booming electric vehicle market this past month.

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: GM allies with Tesla; ...
11/09/2023

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: GM allies with Tesla; charging startups in need of a boost; all eyes on Stellantis.

While the announcement was somewhat cryptic, it hinted at something significant occurring on Sept. 12, with phrases like...
10/09/2023

While the announcement was somewhat cryptic, it hinted at something significant occurring on Sept. 12, with phrases like “something cool is dropping” and "change” on the horizon.

The Stellar token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoi...
10/09/2023

The Stellar token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoin and most altcoins are down for the week. The surge came after Stellar (XLM) tested the $0.113 support level, which marked its lowest point in the past eight weeks. The price upswing followed a preliminary announcement made by the Stellar organization on social media.

William Blair downgraded the company to Market Perform Outperform.Meanwhile, Deutsche Bank downgraded to Hold from Buy a...
09/09/2023

William Blair downgraded the company to Market Perform Outperform.

Meanwhile, Deutsche Bank downgraded to Hold from Buy and cut its price target to $43.00 from $65.00.

The bank cited disappointing results and guidance, which include a continued downturn due to a weak commercial real estate market in fiscal 2024, ongoing delays in Technical Solutions projects, and the possibility of losing significant business in the manufacturing & distribution sector from a large customer.

Clarivate (NYSE:CLVT) shares fell more than 3% pre-market today after Barclays downgraded the company to Underweight from Equal Weight and cut its price target to $7.00 from $8.00.

Polestar Automotive slashed at BarclaysPolestar Automotive (NASDAQ:PSNY) shares dropped more than 8% yesterday after Bar...
09/09/2023

Polestar Automotive slashed at Barclays
Polestar Automotive (NASDAQ:PSNY) shares dropped more than 8% yesterday after Barclays downgraded the company to Underweight from Equal Weight and cut its price target to $3.00 from $5.00 on demand and capital concerns.

“The largest incremental development since our launch of coverage has been a deterioration of EV demand,” mentioned Barclays. The firm acknowledges Polestar’s reliance on contract manufacturing as a strategic move to sidestep direct price competition by eliminating overhead cost worries, however, the uncertain demand landscape raises concerns about the company’s eventual production levels.

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