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[ad_1] Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year,... Continue reading

[ad_1] Check out the companies making the biggest moves in premarket trading: Apple — Apple shares lost 2% before the bell after Barclays downgraded the iPhone maker to underweight, citing weak iPhone 15 volumes, along with Macs, iPads, and wearables. In addition, Apple’s widening P/E... Continue reading

[ad_1] Check out the companies making headlines in midday trading. Moderna — The drugmaker jumped 16% following an upgrade to outperform by Oppenheimer. The firm said Moderna’s multiple product launches in the next 12 to 18 months should help top-line sales start to grow in... Continue reading

[ad_1] BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — BYD said Monday it produced more than 3 million new energy vehicles... Continue reading

[ad_1] The top-performing U.S.-listed Chinese stocks for 2023 weren’t well-known internet names. Instead of Alibaba — down more than 10% for the year — it’s Temu parent PDD Holdings that outperformed with gains of nearly 80% for 2023 as of Thursday, according to Wind Information.... Continue reading

[ad_1] Check out the companies making headlines in midday trading. Fisker — The electric vehicle stock gained nearly 18% after Fisker reported it grew deliveries by more than 300% from the third to fourth quarter. The company added that it intends to announce a plan... Continue reading

[ad_1] These are the stocks posting the largest moves in premarket trading. [ad_2] Source link Continue reading

[ad_1] Mega-cap technology titans are racing to develop generative artificial intelligence technology, and Raymond James thinks just a few key names will win, as they continue to influence the next phase towards commercialization. “Despite clear market optimism, we actually think GenAI is still in the... Continue reading

[ad_1] Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla... Continue reading