The Trump administration is signaling to allies that it has no immediate plans for a ground invasion of Iran, even as it deploys thousands of troops to the Middle East, people familiar with the matter said. The people, who asked not to be identified discussing private deliberations, cautioned that President Donald Trump could change his mind at any moment or go ahead with an attack. A risk-off moo...
The Trump administration is signaling to allies that it has no immediate plans for a ground invasion of Iran, even as it deploys thousands of troops to the Middle East, people familiar with the matter said. The people, who asked not to be identified discussing private deliberations, cautioned that President Donald Trump could change his mind at any moment or go ahead with an attack. A risk-off mood continued to grip markets Friday, with major US indexes entering correction territory as investors grow increasingly skittish on geopolitical risk. Bloomberg News National Security Editor Iain Marlow joins Bloomberg Businessweek Daily to discuss. He speaks with Tim Stenovec and Isabelle Lee. (Source: Bloomberg)
While Tesla (NASDAQ: TSLA) has seen some big share price swings over the last year, the stock has generally been on a hot streak. The company's share price has risen roughly 37% over the last 12 months. However, some skeptics are arguing that the electric vehicle (EV) leader's valuation is on pace for a dramatic pullback. At the beginning of January, HSBC analyst Michael Tyndall published coverage...
While Tesla (NASDAQ: TSLA) has seen some big share price swings over the last year, the stock has generally been on a hot streak. The company's share price has risen roughly 37% over the last 12 months. However, some skeptics are arguing that the electric vehicle (EV) leader's valuation is on pace for a dramatic pullback. At the beginning of January, HSBC analyst Michael Tyndall published coverage on the stock that reiterated a reduce rating and a one-year price target of $131 per share. As of this writing, Tesla stock trades at roughly $373 per share. That means that the stock would fall roughly 65% if it were to hit HSBC's most recent pricing target. Here's why HSBC's lead analyst on the stock thinks that Tesla could be poised for a plunge. Image source: Tesla. Continue reading
(RTTNews) - The American Federation of Teachers has urged its 1.8 million members to refrain from shopping at Target for back-to-school items, thereby intensifying pressure on the retailer during a critical sales period.
(RTTNews) - The American Federation of Teachers has urged its 1.8 million members to refrain from shopping at Target for back-to-school items, thereby intensifying pressure on the retailer during a critical sales period.
According to data compiled by S&P Global Market Intelligence , Lenz Therapeutics (NASDAQ: LENZ) fell by just under 20% over the course of this trading week. Investors were in a bearish mood following a disappointing earnings report from the specialty healthcare company . This was exacerbated by aggressive price target cuts from two prominent banks. On Tuesday morning, Lenz published its fourth-qua...
According to data compiled by S&P Global Market Intelligence , Lenz Therapeutics (NASDAQ: LENZ) fell by just under 20% over the course of this trading week. Investors were in a bearish mood following a disappointing earnings report from the specialty healthcare company . This was exacerbated by aggressive price target cuts from two prominent banks. On Tuesday morning, Lenz published its fourth-quarter and full-year 2025 results. These revealed that the company earned revenue of just under $1.59 million for the former period. As its first commercial product, VIZZ, won Food and Drug Administration (FDA) approval last October, that figure compared exceedingly well to the fourth quarter 2024 result of $0. Image source: Getty Images. Continue reading
The S&P 500’s slide in March has the widely followed U.S. equities benchmark approaching correction territory, after more than half of the index’s industries already landed there.
The S&P 500’s slide in March has the widely followed U.S. equities benchmark approaching correction territory, after more than half of the index’s industries already landed there.