Morgan Stanley Just Downgraded Peloton Stock. Here's Why.
Morgan Stanley downgrades Peloton stock to "Underweight." Here’s why analyst Nathan Feather recommends keeping distance from PTON shares.
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Uber Falls 4% on Tesla Cybercab Threat as Slovenia Clears Full Self-Driving; TSLA Stock Rises 4%
Tesla's expanding robotaxi footprint is sending ripples through the rideshare market, and Uber shareholders are absorbing the hit even though Uber's own resu...
Crude Oil Prices Rise as Global Supplies Tighten
October WTI crude oil (CLV26 ) closed up +1.55 (+1.69%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0379 (+1.18%). Crude oil and gasoline pri...
Abundant US Nat-Gas Supplies Pressure Prices
October Nymex natural gas (NGV26 ) on Tuesday closed down -0.059 (-1.98%). Nat-gas prices gave up an early advance on Tuesday and settled lower as US domesti...
Merrill Lynch Poaches Morgan Stanley, Truist, Wells Advisors with Combined $1.8B
In a day of recruitment wins, Bank of America’s Merrill Lynch announced the addition of an advisor team from Morgan Stanley and solo advisors from Truist and...
Trump pledges $5K ‘Trump dividend’ if Republicans hold onto Congress
President Trump pledged a $5,000 payout to U.S. adults on Wednesday, but only if Republicans hold onto their majority in Congress come November. “Here is my promise: if the Republicans win the House of Representatives and the United States Senate, both of them … because of our tremendous strength and success economically, I will issue…
RBI flags tech concentration risks, warns of disruptions
India Business News: MUMBAI: RBI deputy governor Rohit Jain flagged concentration risk among banks as most of them become dependent on a few cloud, technology and model pr.
Coforge stock tumbles 6% as chairman Bhatt resigns
India Business News: BENGALURU: Coforge shares dropped nearly 6% on BSE after chairman and independent director OP Bhatt resigned from the company's board with immediate e.
Sensex tanks 813 points as crude spikes
India Business News: MUMBAI: Rising geopolitical tensions in the Persian Gulf region pushed up Brent prices above the $100-per-barrel mark for the first time since July on.
Cognizant's green card filings suspended amid probe by US
India Business News: BENGALURU: Cognizant's US green-card filings have been suspended amid an investigation into potential fraud and misuse of employment visa programmes, .
Meta officials appear before NCPCR
India Business News: NEW DELHI: Senior executives from Meta India, appeared before National Commission for Protection of Child Rights Wednesday in connection with the inqu.
OMCs may be losing Rs 5/L on petrol, Rs 23 on diesel: ICRA
India Business News: NEW DELHI: A surge in global crude prices due to renewed hostilities has started hitting the oil marketing companies, with state-owned fuel retailers .
White House UFC spectacle made sense despite $30M loss, TKO Group's Mark Shapiro says
UFC owner TKO Group would do the Freedom 250 event at the White House, held on June 14, all over again, despite losing about $30 million on the global sporti...
What it’s like to use the iPhone Duo, Apple’s biggest change to the iPhone in its history
The iPhone is getting the biggest change in its nearly 20-year history: a screen that can bend in half.
Treasury boosts debt buyback cap to $6 billion
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Treasury boosts debt buyback cap to $6 billion The Treasury Department announced Wednesday it will triple the maximum amount of U.S. government debt it can buy back, as part of its effort to tamp down surging…
There’s an old-school newspaper war brewing in DC — and we all stand to benefit
Most days there are only two kinds of news about newspapers: Bad and worse. But in Washington, DC, there’s something unexpected happening.
NSE cuts IPO size, may raise 23.5k crore
India Business News: MUMBAI: IPO-bound National Stock Exchange (NSE), the largest stock exchange in India by turnover and profits, is reducing the size of its offering to .
What it's like to use Apple's iPhone Duo, the company's first foldable
Apple's first foldable is here. The iPhone Duo marks the biggest redesign of the company's most important products and one of its most ambitious devices to d...