Goldman Sachs remains bullish on shares of Alphabet and Meta, reiterating their buy rating. The firm has raised their price target on GOOGL to $211 and on META to $522, citing increased estimates and valuation multiples as the driving factors behind their decision. Stifel Initiates RH as Buy Stifel has initiated coverage on the furniture
In the event of a possible second Trump administration, trade relations with Mexico are expected to be a key focal point. The Trump administration’s revamp of the U.S.-Mexico-Canada (USMCA) trade deal is likely to come under scrutiny, with the next U.S. president having the opportunity to confirm the country’s commitment to the agreement. The potential
Asian currencies faced downward pressure on Tuesday as the dollar showed signs of strength ahead of Federal Reserve Chair Jerome Powell’s testimony. This came amidst ongoing concerns over new European import tariffs on China, raising fears of potential retaliatory measures and a looming trade war. The dollar index and dollar index futures saw slight gains
Currency trading is a complex and volatile market that can be heavily influenced by various factors, including political events and economic data. In recent times, the U.S. dollar and the euro have been in focus due to the political climate in France and the upcoming testimony by Fed Chair Jerome Powell. These events have led
The San Francisco real estate market has been experiencing a major upheaval, with the vacancy rate for office space reaching a record high of 34.5% in the second quarter of this year. This is a significant increase from the first quarter, as well as compared to a year ago before the pandemic. The average asking
The Massachusetts Bay Transit Authority (MBTA) recently priced over $1 billion of senior sales tax bonds amid the ongoing challenges posed by the COVID-19 pandemic. Like many other transit agencies across the country, the MBTA is grappling with significant ridership and revenue losses in a world where remote work has become the norm. This article
The French stock market has experienced a significant amount of volatility in recent months, particularly surrounding political news. This volatility has led to a sharp pullback in the CAC 40 index, the primary benchmark for French stocks. Since reaching its peak in March, the CAC 40 has corrected nearly 10%, causing concern among investors. Despite
Paramount Global has reached a significant milestone by agreeing to merge with Skydance, a deal that marks the end of the Redstone family’s control over the legendary movie studio and media company. The merger, which is the result of months of negotiations, will see a buying consortium that includes private equity firms RedBird Capital Partners
The recent fall in Bitcoin prices can be attributed to concerns surrounding distributions by the now defunct crypto exchange Mt. Gox. This has not only affected Bitcoin but has also had a negative impact on broader cryptocurrency markets. The trustees for Mt. Gox have started distributing tokens to clients affected by a 2014 hack, leading
The U.S. dollar has shown signs of steadiness in early European trading, reflecting a market that is cautiously waiting for key inflation data. The recent French parliamentary elections have also played a role in shaping the sentiments of traders. Despite a near 1% slump last week, the Dollar Index, which tracks the greenback against a