A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images A perfect storm of industry and economic challenges have weighed on Germany’s autos sector, which has shed tens of thousands of jobs over a one-year stretch to the…
Baird is getting more optimistic on VF Corp. The firm upgraded the Vans parent to outperform from neutral and raised its price target to $20 from $14. Baird’s forecast calls for more than 46% upside from Monday’s close. Analyst Jonathan Komp said he is becoming more confident in VF Corp’s turnaround over a six-to-12 month…
Eli Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said its daily weight loss pill helped patients with obesity and Type 2 diabetes shed weight in a late-stage trial, meeting the study’s main goal and clearing the way for the company to…
CNBC’s Jim Cramer on Monday told investors why he’s optimistic about CVS, even as the healthcare sector as a whole has lagged this year. “[It’s] fixing its most problematic business, managed care, and seeing real strength in other parts of the business, especially the pharmacy side, where it is the last man standing,” he said….
CrowdStrike could be deserving of investor attention this week as all eyes are on Nvidia, according to MJP Wealth Advisors chief investment officer Brian Vendig. Vendig sat down with CNBC’s “Power Check” on Monday to discuss the cybersecurity stock, as well as two others that he said he has his eyes on. CrowdStrike Shares of…
In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images S&P Dow Jones Indices said Monday that it will add Interactive Brokers to the S&P 500 Index at the opening of trading on Thursday. The brokerage service is replacing Walgreens Boots Alliance, which is…
Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co made headlines last week following Nvidia CEO Jensen Huang’s remarks that buying its stock would be “very smart. ” “Well, first of all, I think TSMC is one of the greatest companies in the history of humanity, and anybody who wants to buy TSMC stock is a very smart…
Eternalcreative | Istock | Getty Images Miracle drugs, obesity treatments and skinny jabs. Call them what you will, few drugs have had a more transformative effect on Wall Street and waistlines over recent decades than GLP-1s. Familiarly known under the brand names Wegovy and Zepbound, Glucagon-like peptide-1 (GLP-1) receptor agonists are a class of medication used to…
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of…
CNBC’s Jim Cramer reviewed Monday’s market action and told investors why he thinks it’s a good idea to stay with the tech titans even when their stocks take a hit. “I will never try to stop you from selling. That’s not my job. I just want you to remember how these individual stocks have generated…
