Sony hikes PS5 prices by up to $150 citing ‘pressures’ in global economy
Sony, like other console makers, is contending with surging memory chip prices which have forced the company to raise prices.
Citi cuts U.S. stocks exposure. Firm is worried there’s no ‘quick end’ to war
Citi strategists said they brought their U.S. small-cap overweight ‘back to zero’ as part of a broader effort to cut equity exposure.
Iran war wipes out $100 billion from luxury stocks
Dubai in the UAE has been the biggest driver of growth in recent years, and the Middle East tensions come at a critical time in the luxury industry.
Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Here are Friday’s biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Disney, Alphabet, Tripadvisor & more
Here are Friday’s biggest calls on Wall Street.
Why one hedge fund veteran is urging investors to ‘prepare for the worst’
DBi’s Andrew Beer suggests the market’s crystal ball is broken.
Stocks making the biggest moves premarket: AstraZeneca, Unity Software, Coinbase & more
These are the stocks posting the largest moves premarket.
Alphabet will surge 40% as Google becomes an AI leader, Wells Fargo says
Alphabet has room to run due to Google being well positioned to emerge as a frontrunner in the artificial intelligence race, according to Wells Fargo.
Novartis shells out $2 billion for immunology biotech Excellergy, in second multi-billion dollar deal in a week
The Swiss pharma giant is betting on a next-generation allergy treatment that may prove to work faster and better than anything currently on the market.
Senate advances DHS funding bill, tees up House vote to end shutdown as TSA lines stretch
Funding for the Department of Homeland Security lapsed in February, leading to chaos at aiports.