Key Points Smart glasses look to be the most important growth pillar for EssilorLuxottica in the medium term, Citi analysts said as they reiterated their buy rating. Luxottica is developing smart glasses with Meta that can play music, take photos, and translate, using a neural wristband to interact with the device through hand gestures. The…
European carmakers face a delicate trade-off next year between a potential easing of CO₂ emissions rules and a possible return of fierce competition from China. That’s according to Horst Schneider, head of European automotive equity research at Bank of America Securities , who said cheaper auto stocks, “still have got catch-up potential” and are well-placed…
Wall Street analysts’ favorite stocks heading into the new year include Trade Desk and Netflix . Investors sometimes had a love-hate relationship with artificial intelligence-adjacent stocks in 2025, but in the end the trade accounted for much of the stock market’s gains this year. With a 20% rally, the tech-heavy Nasdaq Composite is set to…
Australia, Victoria, Melbourne, buildings on bank of Yarra river Peter Adams | Stone | Getty Images Asia-Pacific markets opened mostly lower Tuesday, after Wall Street declined as investors continued to rotate out of the artificial intelligence trade in the U.S. Shares of AI plays, like Oracle and Broadcom, slipped more than 5% and 2% respectively,…
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 15, 2025. Michael Nagle| Bloomberg | Getty Images Stock futures traded near the flatline Monday night as traders anticipated the release of November’s jobs report. Futures tied to the Dow…
PayPal CEO Alex Chriss speaks at the Global Fintech Fest in Mumbai, India, on Oct. 7, 2025. Indranil Aditya | Nurphoto | Getty Images PayPal said Monday that it has applied for approval to form PayPal Bank, which would be able to offer loans to small businesses. “Establishing PayPal Bank will strengthen our business and…
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. The launch of Tesla Inc.’s driverless taxi service Sunday is set to begin modestly, with a handful of vehicles in limited areas of the city. Photographer: Tim Goessman/Bloomberg via Getty Images Tim Goessman |…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three…
Jay Woods, chief market strategist at Freedom Capital Markets, is keeping an eye on a transportion player that has staged a comeback in the lead up to its earnings report this week: FedEx . “The transports have been on fire lately,” Woods said. FedEx, the second-highest-weighted stock in the transports index, has rallied 30% over…
When SpaceX eventually goes public, the long-anticipated offering is expected to be the largest IPO ever, reshaping valuations across the aerospace industry and delivering a rare blockbuster deal for Wall Street. The Elon Musk -led space launch company is preparing to go public next year, reportedly targeting a valuation of about $1.5 trillion , potentially…
