Kirill Dmitriev, Russia’s envoy for investment and economic co-operation, said in a post on X that Moscow could play “a key role” in mediating between Israel and Iran. Dmitriev was responding to a post from President Trump in which he said he had spoken about the conflict to President Putin. Israel’s military says there have…
President Trump claims that other countries and exporters to the U.S. will largely pick up the cost of tariffs. Yet recent data shows that companies are moving to pass along those added expenses to American consumers, which may push up prices. For example, 76% of Texas manufacturers said they plan to pass tariff-related costs to…
The outlook for the stock market is becoming increasingly uncertain, thanks largely to the potential impact of an escalating global trade war. Strategists at Goldman Sachs on Sunday night slashed their forecast for the S&P 500 for the second time this year, lowering targets for the benchmark index’s return to -5% in the coming three months and…
(Reuters) – UBS Global Wealth Management cut the S&P 500’s 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic impact of U.S. tariffs. The wealth management unit of European bank UBS, cut its year-end index target to 6,400 from 6,600…
Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
Tesla (TSLA) shares extend their recent losses as UBS analysts cut its price target for the electric vehicle (EV) maker’s stock to $225 from $259. Julie Hyman and Josh Lipton outline the details on Market Domination. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This…
Royal Caribbean upgraded, AppLovin downgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Loop Capital upgraded Royal Caribbean (RCL) to Buy from Hold…
Canadian PM Justin Trudeau said Canada will respond to U.S. tariffs. (Photo by Dan Kitwood/Getty … [+] Images) Getty Images Key Takeaways Stocks Fell Amid Volatility As Financials Led Broad Market Declines Tariffs Created Uncertainty, Impacting Consumer Confidence And Retail Earnings Tech Stocks Show Strength While Volatility Remains A Key Focus Tuesday was a volatile…
In This Story The S&P 500 took a sharp hit on Tuesday as newly implemented tariffs rattled investors’ confidence and continued a selloff that has now fully erased the market’s gains since the election of President Donald Trump in November. Target’s CEO warns that tariffs could drive up prices on popular items within a week. Here’s…
In This Story After a hectic earnings week and ongoing tariff war, March kicks off with a select group of earnings reports, with a strong focus on the AI and retail sectors. Nvidia’s record earnings reveal just 3 customers make up 30% of revenue Here’s a look at what investors should watch in the days…