Deutsche Bank initiates AppLovin at buy rating, sees growth within ‘best in class’ e-commerce advertising
Deutsche Bank sees shares of AppLovin rising 28% from here.
AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’
Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.
Stock futures are little changed after record session for Dow; Netflix slides on earnings miss: Live updates
Tesla’s earnings expected Wednesday after the bell will kick off highly-awaited reports from the “Magnificent Seven.”
Here are Wednesday’s biggest analyst calls: Apple, Amazon, Netflix, Deere, Dell, 3M, AppLovin, Block
Here are Wednesday’s biggest calls on Wall Street.
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia.
Russia was smug about Trump-Putin talks. Now they’re on hold, Moscow’s anxious
The Kremlin stressed on Wednesday that the dates for the face-to-face talks, due to take place in Hungary, “weren’t set” and that this would still happen.
AT&T tops subscriber estimates as bundled plans, iPhone promotions lift sales
AT&T said it added 405,000 monthly bill-paying wireless subscribers in the third quarter, compared to expectations for 334,100 additions, according to FactSet.
Refinance demand is 81% higher than it was a year ago, thanks to falling mortgage rates
Sliding mortgage rates are pushing more current borrowers to refinance and also juicing demand for adjustable-rate loans.
Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds
Retailers have long leaned on promotions in tough economies, but consumers are feeling “discount burnout” before Black Friday, a report from AlixPartners found.
Here’s how much prices are rising across the fashion industry
Prices have been steadily creeping up over the last few years, hitting the fashion industry where prices are on average $17 higher this year compared to last.