Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
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Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
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Text size Denis Doyle / Bloomberg Analysts at JP Morgan and Morgan Stanley are optimistic about the announcement by Dell Technologies that it is considering a spin-off of its valuable 81% stake in VMware., It is now worth more than all of Dell’s market value. Dell shares (ticker DELL) rose …
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Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
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The headquarters of the European Central Bank in Frankfurt am Main, Germany, on March 12, 2020. daniel roland / Agence France-Presse / Getty Images European stocks fell on Thursday as the world’s two largest economies continue to collide, and before the latest decision by the European Central Bank. 5% more …
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