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Nike’s Sales Warning Leads Morgan Stanley, JPMorgan and More to Pause Buy Calls on Stock

(Bloomberg) -- Nike Inc.’s warning of a slower year ahead led several analysts to strip the stock of their buy calls putting Wall Street’s...

Fisker’s Debtors Fight For The Scraps

Good morning! It’s Monday, June 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the...

100 Trading Days In: Why 2024 Is Different | J.P. Morgan

DISCLOSURES The information presented is not intended to be making value judgments on the preferred outcome of any government decision or...

IMF Forecasts Bleak Future for Global Economy: “Without Immediate Action, the World May Embark on the ‘Tepid Twenties'”

Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, the International Monetary...

Bank of America boosts S&P 500 earnings outlook on AI drivers

Bank of America has raised its EPS (earnings per share) outlook for the S&P 500 (^GSPC) to $250 in 2024. Yahoo Finance Live comments...

China’s battered economy suffers another blow as Moody’s slashes its credit outlook

Moody's Investors Service on Tuesday lowered its outlook for Chinese government bonds to negative.The rating agency cited stagnant growth and the country's lingering...

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