Investors seeking to ride the robotics wave should consider buying Hesai Group, according to Morgan Stanley. The bank upgraded the U.S.-listed shares of the Chinese tech company to an overweight rating from equal weight. Hesai supplies LiDAR products such as sensors, which are then used in the robotics industry. Shares of Hesai have surged 54%…
Before launching the computer software company that made him a millionaire, renowned investor Mark Cuban thought a different business idea would be his runaway hit. At age 24, prior to creating his software startup MicroSolutions, Cuban decided to sell powdered milk as a recent college graduate eager to strike out on his own. He had…
Check out the companies making the biggest moves in premarket trading: Energy stocks — Many companies jumped after the European Union agreed to buy $750 billion worth of U.S. energy as part of a trade deal. Shares of Venture Global climbed 6%, New Fortress Energy rose 5%, Cheniere Energy and NextDecade rallied nearly 4%, Eaton…
Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Mara to overweight from neutral JPMorgan says it sees upside for the bitcoin miner. “We are upgrading MARA to OW (from Neutral), as shares do not reflect the company’s revised YE25 hashrate target, even after considering capex requirements.” Morgan Stanley reiterates Amazon as…
Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan’s internal research group…
The World Artificial Intelligence Conference kicked off in Shanghai on Saturday, July 26, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese companies are making smarter artificial intelligence models that are increasingly cheaper to use, echoing key aspects of DeepSeek’s market-shaking breakthrough. Startup Z.ai, formerly known as Zhipu, announced Monday that its new GLM-4.5…
Bernstein believes that shares of Charter Communications could rise, boosted by a recovering financial backdrop. The investment firm upgraded the telecommunications giant to an outperform rating from market perform. However, analyst Laurent Yoon accompanied the move by lowering his price target to $380 from $410. This new forecast still corresponds to an upside ahead of…
Your car insurance policy covers accidents and related damages, but it’s no help for a worn-out brake or stalled transmission. That’s where mechanical breakdown coverage (MBI) comes in. It covers unexpected mechanical or electrical issues after your manufacturer’s warranty expires or if your warranty doesn’t include that repair. MBI is usually purchased as an add-on…
Chinese telecoms giant Huawei showed off its Ascend chips and system for powering artificial intelligence models at the World AI Conference in Shanghai on July 26, 2025. CNBC | Evelyn Cheng BEIJING — Less than two weeks after Nvidia CEO Jensen Huang’s high-profile visit to Beijing, the U.S. chipmaker was conspicuous by its absence at…
Customers line up in front of the Laopu Gold Store in Shanghai, China, February 27, 2025. Cfoto | Future Publishing | Getty Images Shares of Laopu Gold fell to their lowest levels since May 20 after the Chinese jewelry upstart forecasted its net profit for the first half of 2025 would increase between 279% and 288% year over…
