Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.
Stocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs’ Warehouse and more
These are the stocks posting the largest moves in midday trading.
Citi upgrades this packaging company that can rally more than 30%
Analyst Anthony Pettinari upgraded the packaging company to buy from neutral.
JPMorgan says buy the dip on this chemical giant trading at a ‘reasonable valuation’
The firm upgraded Dow to overweight from neutral and maintained its price target of $55.
Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more
These are the stocks posting the largest moves in early trading.
Jefferies downgrades Nike, says wholesale and China pressures will keep stock in check
Analyst Randal Konik downgraded the apparel giant to hold from buy.
Guggenheim upgrades Microsoft, says generative AI is ‘too strong’ to ignore
Analyst John DiFucci upgraded the stock to neutral from sell, saying the “potential monetary benefit from Generative AI is too strong a force to contend with.”
Huawei stays silent on secretive 5G phone at high-profile product launch
Chinese telecommunications giant Huawei didn’t reveal any details about its new phone or reported advanced chip breakthrough during a high-profile launch event.
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds.
China-EU relationship is at a crossroads, top official says in Beijing
China’s relationship with the European Union needs to change, as the bloc’s trade chief asks for more openness and fairness from Beijing.