David Bonderman, co-founder of alternate asset manager TPG, dies at age 82
(Reuters) -David Bonderman, the billionaire co-founder of the $239 billion alternative asset management giant TPG, has died at the age of 82,…
JP Morgan downgrades PagerDuty and C3.ai on market dynamics
Investing.com — JPMorgan downgraded both Pagerduty Inc (NYSE:PD) and C3.ai Inc (NYSE:AI) from “neutral” to “underweight” citing competitive pressures, market dynamics, and valuation…
Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
(Reuters) – Shares of health insurers such as UnitedHealth (NYSE:UNH) and CVS Health (NYSE:CVS) fell on Wednesday after a Wall Street Journal…
Lam Research shares up 3%, TD Cowen called stock ‘top pick’
Investing.com — TD Cowen called Lam Research Corp (NASDAQ:LRCX)its top pick, given its exposure to secular trends such as increasing memory content in…
Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal
By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Washington Post reports Elon Musk briefly worked illegally in US in 1990s
WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns
Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
US election uncertainty is no reason to exit the market: UBS
Investing.com — As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely…
What a soft landing means for the momentum trade
Investing.com — According to analysts at Piper Sandler, 2024 is shaping up to be “one of the best years for momentum strategies in…
Street calls of the week
Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always…
