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Wells Fargo's William Daley to retire as vice chairman of public affairs
12/09/2023

Wells Fargo's William Daley to retire as vice chairman of public affairs

LSEG investors raise $3.4 billion from share sales
12/09/2023

LSEG investors raise $3.4 billion from share sales

Despite this strong outlook and formidable cash generation, we remain Sector Weight at this juncture as we mull the sust...
11/09/2023

Despite this strong outlook and formidable cash generation, we remain Sector Weight at this juncture as we mull the sustainability of the underlying pricing (sans U.S. tax credits) in light of significant U.S. capacity additions by competitors. Our notes and takeaways are summarized below."

First Solar (NASDAQ:FSLR) held its analyst day on Thursday, prompting positive reactions with Deutsche Bank lifting the ...
11/09/2023

First Solar (NASDAQ:FSLR) held its analyst day on Thursday, prompting positive reactions with Deutsche Bank lifting the stock to Buy from Hold with a new price target of $235, up from $220 per share.

Deutsche analysts told investors in a note that the company delivered a "strong growth message over the next three years.

EUR/USD EUR/USD  1.0700+0.0001  (+0.01%)08/09 - Closed1.070020:0022:001.07001.06901.0710Technical Summary5 Min:NeutralHo...
10/09/2023

EUR/USD EUR/USD
1.0700+0.0001 (+0.01%)
08/09 - Closed
1.0700
20:00
22:00
1.0700
1.0690
1.0710
Technical Summary

5 Min:Neutral
Hourly:Strong Sell
Daily:Strong Sell
Monthly:Sell fell 0.1% to 1.0719, near its lowest level since June, after German industrial production fell 0.8% in July compared to the previous month, more than the expected 0.5% drop, underlining the challenges faced by manufacturing in Europe's largest economy.

The U.S. dollar steadied near a six-month peak in early European trade Thursday, boosted by signs of a resilient U.S. ec...
10/09/2023

The U.S. dollar steadied near a six-month peak in early European trade Thursday, boosted by signs of a resilient U.S. economy even as the global outlook weakened

The electric automaker achieved sales of 64,694 vehicles in China during the month of August. Additionally, the China-ma...
09/09/2023

The electric automaker achieved sales of 64,694 vehicles in China during the month of August. Additionally, the China-made Model Y recorded 65,316 deliveries last month, surpassing the sales of other passenger vehicle models reported by the CPCA.

A price war initiated by Tesla at the start of the year continues as the U.S. EV maker recently announced further price reductions, following two price cuts made last month. However, it's worth noting that the company introduced its redesigned Model 3 with a starting price that's 12% higher than the previous base model with rear-wheel drive.

Shares of TSLA are down 1.20% in mid-day trading Friday.

Deep discounts and tax breaks for environmentally friendly and electric vehicles boosted consumer sentiment, allowing Ch...
09/09/2023

Deep discounts and tax breaks for environmentally friendly and electric vehicles boosted consumer sentiment, allowing China's passenger vehicle sales to return to growth this past month, even as economic growth remains weak.

According to data from the China Passenger Car Association (CPCA) released on Friday, car sales saw a 2.2% increase in August compared to the same month the previous year, reaching a total of 1.94 million units, marking the first year-on-year growth since May.

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