Chinese real estate defaults have increased so much that Goldman Sachs analysts have shifted to their worst-case scenario for the riskiest part of the market.
China’s economy won’t be snapping back quickly from the latest Covid outbreak, many economists predict. Instead, they expect a slow recovery ahead.
Automakers are increasingly piling into EV battery production, but Bernstein thinks these pure-play battery stocks will continue to dominate.
Sentiment in U.S. markets appeared to have gotten a boost after U.S. President Joe Biden said he was considering cutting tariffs on Chinese goods.
JPMorgan says investors should “accumulate selectively” in the e-commerce space.
SpaceX president defends Elon Musk over sex misconduct claims: ‘I believe the allegations to be false’
SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to employees responding to sexual misconduct allegations directed at the CEO.
Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.
With the Federal Reserve’s tightening cycle underway and a slowdown in China that rivals the 2020 downturn, BlackRock shifted its views on the equities market.
Dr. John Brooks, a CDC official, emphasized that anyone can contract monkeypox through close personal contact regardless of sexual orientation.