Tag Archives: business

[ad_1] Visitors learn about a Tesla model S at the auto exhibition area of the 5th China International Import Expo in Shanghai, China, November 7, 2022. CFOTO | Future Publishing | Getty Images Check out the companies making the biggest moves midday Monday: Disney — Disney fell 3.6% after its …

[ad_1] Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. Fifty-six percent of millionaire investors surveyed expect the S&P 500 to decline by 10% in 2023. Nearly a third expect declines of more than 15%. …

[ad_1] Nassau, Bahamas CNN  —  FTX founder Sam Bankman-Fried Monday morning arrived in court in the Bahamas where he is expected to drop his extradition fight, clearing a significant hurdle to return him to US soil to be prosecuted on multiple charges of fraud and conspiracy. Bankman-Fried had initially planned …

[ad_1] Elon Musk’s handling of Twitter is damaging sentiment around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform, saying he can no longer separate coverage of the electric vehicle maker from Musk ‘s controversial management of the social media platform. “While we …

[ad_1] Drug overdose deaths among adolescents surged during the Covid-19 pandemic, driven overwhelmingly by illicit fentanyl, according to a report from the Centers for Disease Control and Prevention. Monthly drug overdose deaths nearly tripled among adolescents ages 10 to 19 during the first two years of the pandemic. Deaths rose …

[ad_1] Shares of Warner Music Group could jump more than 20% from current levels, according to Atlantic Equities. Media analyst Hamilton Faber upgraded WMG to overweight, saying a recent analysis of the global music streaming market showed strong growth ahead for Warner, one of the “big three” music companies along …

[ad_1] Workers photographed on top of a train loaded with coal in China. Global use of coal is projected to increase by 1.2% this year and hit a record high, according to the International Energy Agency. VCG | Visual China Group | Getty Images Global coal use is on course …

[ad_1] Disney’s Star Wars merchandise stuffed toys depicting Grogu character, commonly known as Baby Yoda. Chukrut Budru |Sopa Images | Lightrocket | Getty Images There are two things keeping the toy industry afloat right now: inflation and a consumer group known as “kidults.” These kids at heart are responsible for …

[ad_1] There’s trouble ahead for AT & T as it competes with Verizon , according to MoffettNathanson. Analyst Craig Moffett downgraded AT & T to underperform from market perform, saying it’s time to sell the stock ahead of 2023 after its outperformance this year. Shares of AT & T are …

[ad_1] Kyiv, Ukraine CNN  —  At least two people were hurt and key infrastructure has been damaged in a Russian drone assault on the Ukrainian capital Kyiv, the latest attempt by Moscow to ravage Ukraine’s power supplies. Explosions and air raid sirens were heard around the city early Monday, with …