RBC cuts S&P 500 outlook, sees a possible trade developing in small caps
RBC slashed its S&P 500 year-end target on a slowing economy. The firm also said small-cap stocks are looking more attractive.
RBC slashed its S&P 500 year-end target on a slowing economy. The firm also said small-cap stocks are looking more attractive.
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“Amid growing recession concerns, focus on stability and cash return rather than balance sheet strength,” Goldman wrote.
In a letter to Twitter, a lawyer for Musk called it a “clear material breach” of the terms of their merger agreement.
Solid Power has begun pilot production of its new solid-state EV battery, offering better range and shorter recharging.
Starbucks’ next CEO will come from outside the company, interim leader Howard Schultz told The Wall Street Journal.
Bitcoin rose over the weekend as cryptocurrency investors continue to look for a bottom following a rough two months of selling.
President Joe Biden will declare a 24-month tariff exemption for solar panels from four countries, Reuters reported.
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