Investing.com -- Norwegian robotics startup 1X Technologies is placing a bold bet on the future of humanoids in the household, aiming to build fully autonomous bipedal robots for domestic use, according to a Morgan Stanley. 1X, which is still a private player, has raised about $140 million from backers including EQT (ST:EQTAB) Ventures, Tiger Global, and Samsung (KS:005930) NEXT, with Morgan ...
Investing.com -- U.S. retail stocks fell sharply during a broader market sell-off triggered by new tariff announcements, with Citi analysts comparing the downturn against the steep declines seen at the start of the COVID-19 pandemic in 2020.According to Citi’s analysis, stocks have so far witnessed roughly half the level of price decline post-tariff announcements compared to the pandemic market ...
By Gavin JonesROME (Reuters) -Credit ratings agency S&P Global upgraded Italy on Friday in a surprise move just days after Rome halved its economic growth forecast amid global market turmoil and said its huge public debt would rise this year and next. S&P Global raised Italy’s sovereign debt rating to BBB+ from BBB, citing its falling budget deficit, resilient exports and high domestic s ...
Investing.com -- With recession risks rising in the U.S., Southeast Asia’s economic outlook is increasingly influenced by shifts in global trade and commodity markets. According to analysts at Bernstein, the differing business models and market exposures of Sea Ltd. (NYSE:SE) and Grab Holdings (NASDAQ:GRAB) create diverging risk profiles. If a downturn takes hold, Grab may be better posit ...