Investing.com -- Piper Sandler has trimmed its price target on Tesla (NASDAQ:TSLA) shares to $400 from $450 as the brokerage expects the carmaker to deliver an underwhelming first-quarter report.The firm’s analysts believe the upcoming print will be a “non-event, at best,” unless Tesla provides specific updates on future vehicle platforms or its robo-taxi ambitions.The downward revision come ...
By Akash Sriram(Reuters) - Lyft (NASDAQ:LYFT) is buying mobility platform FreeNow from German automotive giants BMW (ETR:BMWG) and Mercedes-Benz (OTC:MBGAF) for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday.Under pressure from dominant ride-hailing rival Uber Technologies (NYSE:UBER) in its home North American market, Lyft ...
By Lawrence Delevingne and Harry RobertsonBOSTON/LONDON (Reuters) - Global shares fell on Wednesday, with gold trading at record highs and the dollar languishing, as U.S. restrictions on chip sales to China and continued tariff uncertainty battered tech stocks.Washington issued new export licensing requirements for sales of Nvidia (NASDAQ:NVDA)’s H20 and AMD (NASDAQ:AMD)’s MI308 artificial int ...
Investing.com -- SSE (LON:SSE) and Shell (NYSE:SHEL) (LON:SHEL) are the latest additions to Bernstein’s Best Ideas list for the second quarter of 2025, reflecting the brokerage’s preference for defensive plays and resilient income in the current volatile macro environment.Bernstein analysts upgraded SSE to a Best Idea based on its “defensive growth at a compelling valuation,” supported by ...