Market

PARIS, “Reuters”: The French government has announced that France should clarify the country’s budget strategy as soon as possible after the parliamentary elections. ECB advisor Francois Villeroy de Galhau said this. French stocks and shares in other European markets were lower this week after President Emmanuel Macron called snap national elections. Macron’s surprise move followed […]

BRUSSELS (Reuters) – The European Commission said on Thursday it would impose provisional tariffs of up to 38.1% on imports of Chinese electric vehicles, likely triggering possible retaliatory measures from China. 12.40 – Mercedes Benz has taken note of the imposition of tariffs of up to 38.1% on imported Chinese electric cars by the European

LONDON/SINGAPORE (Reuters) – The dollar rallied and recovered some of yesterday’s losses after the Federal Reserve said it expected just one rate cut this year. The latest US inflation data, lower than expected, partially limits the appreciation of the exchange rate. Yesterday, the US central bank confirmed a Fed Funds reference of 5.25-5.5%, while the

analysts of ARK Invest, investment management company established by Catherine Wood in 2014 They believe shares of Tesla, Elon Musk’s electric car giant, will soar to $2,600 by 2029 thanks to robotaxis. A price target that implies an upside potential of 1,350% from current values ​​(around $170). The title can go up to $3,100 In

NXP Semiconductors ( NXPI ) outlined its inventory management and long-term growth strategies amid a challenging automotive market at its latest press conference. President and CEO Kurt Sievers highlighted the company’s efforts to avoid building excess inventory, particularly in the automotive segment, where it is currently dealing with some over-inventory issues that are expected to

A recent survey by Citi shows encouraging trends in the home improvement industry. The bank’s findings show that consumers are maintaining or increasing spending on home projects and are increasingly choosing Amazon ( NASDAQ: ) and Walmart ( WMT ) to purchase home improvement products. “Our survey data provides a positive outlook on home project

Analysts and the market like the developments Apple: noartificial intelligence, announced at the company’s 2024 Worldwide Developers Conference. So much so that Cupertino shares hit new all-time highs above $207 yesterday. Apple is promoting AI Let’s take a step back. As widely expected by the market, during the Worldwide Developers Conference 2024, the annual conference

BRUSSELS (Reuters) – The European Commission said on Thursday it would impose provisional tariffs of up to 38.1% on imports of Chinese electric vehicles, likely triggering possible retaliatory measures from China. 14.20 – The spokesperson of Volkswagen (ETR:) said. “Tariffs, in general, are not suitable for strengthening the competitiveness of the European automotive industry in

LONDON (Reuters) – Spain’s Santander ( BME: ) plans to make the United States the launch pad for a revamped version of its consumer-services platform that will be rolled out globally. Ana Botin, the president of the largest bank in the euro area by market value, told Reuters about this. Meanwhile, Bbva’s bid for Sabadell

ROME (Reuters) – Leonardo is in talks with Germany’s Rheinmetall to form a strategic alliance on tanks. This was reported by a source close to the discussions, effectively confirming an article in La Repubblica, according to which Leonardo is looking at Rheinmetall after negotiations with the Franco-German consortium Kmw+Nexter Defense Systems (Knds) failed. Yesterday, Leonardo

Analysts at Bank of America acknowledged that Snowflake ( SNOW ) could be adversely affected by a cyber threat that affected customer accounts. Despite these concerns, analysts maintain a neutral rating on the stock and have set a $200 price target. “On May 23, 2024, Snowflake discovered unauthorized access to some of its customer accounts,”