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Goldman Sachs updates conviction lists: Adds Johnson & Johnson and Axis Bank

Goldman Sachs updates conviction lists: Adds Johnson & Johnson and Axis Bank

Investing.com -- Goldman Sachs has refreshed its Conviction Lists for both the U.S. and Asia-Pacific regions, highlighting additions that reflect resilience, growth potential, and valuation upside. Johnson & Johnson (NYSE:JNJ) and Houlihan Lokey (NYSE:HLI) were added to the U.S. list, while Axis Bank (NSE:AXBK) joined the APAC roster alongside Horizon Robotics and NextDC.In the U.S ...

2025-05-02 02:27:20
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics

Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics

By Aditya Soni and Deborah Mary Sophia (Reuters) -The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump’s global trade war. AI came to the rescue of earnings at Microsoft (NASDAQ:MSFT) and Google-parent Alphabet (NASDAQ:GOO ...

2025-05-02 02:26:12
Moderna says FDA has been constructive, but delays flu/COVID shot

Moderna says FDA has been constructive, but delays flu/COVID shot

By Patrick Wingrove and Michael Erman (Reuters) -Moderna on Thursday pushed back the time frame for likely approval of a combination vaccine meant to protect against both COVID-19 and influenza, but said exchanges with U.S. drug regulators have remained constructive under Health Secretary and vaccine skeptic Robert F. Kennedy Jr. The U.S. vaccine maker reported first-quarter profit and sales that ...

2025-05-02 02:25:13
Truist upgrades ServiceNow to Buy on platform advantage, leading AI position

Truist upgrades ServiceNow to Buy on platform advantage, leading AI position

Investing.com -- Truist analysts lifted their rating on ServiceNow (NYSE:NOW) shares to Buy from Hold on Thursday as they expect the company to “continue to consolidate the enterprise IT stack,” taking advantage of AI and macro uncertainty to reinforce its positioning relative to peers.The company’s shares rose nearly 3% in premarket trading.The brokerage also lifted the price target on the ...

2025-05-02 02:24:04