Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!Jefferies trims numbers on Apple but upgrades the stock after pullbackJefferies has upgraded Apple Inc (NASDAQ:AAPL) to Hold from Underperform, citing a more favorable entry point after the s ...
Investing.com -- U.S. export tariffs on China are renewing investor concerns over macro risks. Bernstein has analysed which Chinese internet companies can best weather a slowdown. The brokerage models how Trip.com, Tencent Music, and Baidu (NASDAQ:BIDU) would fare in the event of a 1% decline in China’s GDP growth.Trip.com and Tencent Music showed greater resiliency, each seeing about a 1.5 ...
BEIJING/WASHINGTON (Reuters) - China has put civilian government officials in Beijing on “wartime footing” and ordered a diplomatic charm offensive aimed at encouraging other countries to push back against U.S. President Donald Trump’s tariffs, according to four people familiar with the matter.Communist Party propaganda officials have played a leading role in framing China’s response, one ...
Investing.com -- The global financial system is undergoing a historic shift away from the U.S. dollar, and the implications could redefine America’s fiscal and foreign policy flexibility, Deutsche Bank’s George Saravelos said.Despite former President Donald Trump’s reversal on tariff threats, Saravelos argued that the damage to the USD has been done. He pointed to a rapid process of de- ...