Google-owned YouTube TV (GOOG, GOOGL) is raising the prices of its monthly subscription plans, with plans rising to $82.99 per month up from the prior $72.99. “We don’t make these decisions lightly, and we realize this has an impact on our members,” YouTube wrote in an email to customers. The company said the increase comes…
With the company raising its annual projections, indicating strong holiday demand and boosting investor confidence, Lululemon Athletica (NASDAQ:LULU) shares rose over 15% on Friday, and more than 25% in the past five days. The excellent quarterly performance of the athleisure retailer has inspired at least 17 brokerages to raise their pricing targets. Lululemon Soars 15%:…
Recession fears have eased, boosting investor confidence in the stock market. Albert Edwards warns a market pullback could come without a recession, however. Rising Treasury yields and drying liquidity could hurt stocks with valuations high. Recession fears have largely dissipated since this summer, bolstering investor confidence in a roaring stock market. But Albert Edwards wants…
(Reuters) – Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial intelligence boom was fueling demand for its services. The company is among the biggest stock market winners of the generative AI boom, with its shares more…
Beijing has slashed capital requirements for foreign institutions and companies to buy into China’s listed firms as strategic investors, taking another step towards bolstering investor confidence in the country’s stock market. Investors who own proprietary assets of no less than US$50 million or have assets under management of at least US$300 million will be eligible…