We Recommence Coverage of Freeport-McMoRan, USD 25 Fair Value Estimate
In terms of commodity prices, we assume copper and gold average around USD 4.25 per pound and USD 2,800 per ounce from 2025 to 2027, respectively, based on the futures curve. Our midcycle assumptions ...
EMEA Morning Briefing: Stock Futures Higher; Trading May Be Subdued Amid U.S. Holiday
While the domestic market in China continues to exert strength, with home appliances and automobiles having room for upward demand, there is no strong sign of improving demand overseas for the time ...
Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
Billionaire Larry Ellison helped give a high school student $10 million to play football for Michigan - and gave us a glimpse behind the NIL curtain
It's now common for top-flight college athletes to make millions of dollars from NIL deals. And after billionaire Larry Ellison recently helped a high-school quarterback get at least $10 million to ...
FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech
A reported antitrust case against Microsoft Corp. will likely be the last gasp of Federal Trade Commission Chair Lina Khan's rather unsuccessful tenure of trying to rein in Big Tech.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
The Bank of Korea slashed its benchmark seven-day repurchase rate by a quarter-percentage point to 3.00% on Thursday, accelerating the easing cycle that it started in October with its first cut in ...
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New York City Housing to Sell Sustainable Bonds for Multi-Family Housing
The New York City Housing Development Corp. plans to sell at least $398 million of sustainable development bonds, with proceeds slated for financing construction mortgage loans and permanent mortgage ...
Why Trump foes can't block day-one tariffs on China, Mexico and Canada
President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Monday night threat to impose 25% tariffs on ...
CoinDesk Bitcoin Price Index Gained 6.20% to $96626.43 — Data Talk
CoinDesk Bitcoin Price Index is up $5644.35 today or 6.20% to $96626.43 --Largest percentage increase since Nov. 11, 2024, when it gained 10.27% --Up 38.14% month-to-date; On pace for best month since ...
Euro Gains 0.74% to $1.0569 — Data Talk
--Up 1.36% from its 52-week low of 1.0427 hit Friday, Nov. 22, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...
S&P 500 Falls 0.38% to 5998.74 — Data Talk
The S&P 500 Index is down 22.89 points or 0.38% today to 5998.74 --Largest one-day point and percentage decline since Friday, Nov. 15, 2024 --Off 0.38% from its record close of 6021.63 hit Tuesday, ...
Dollar Lost 1.30% to 151.12 Yen — Data Talk
--Up 7.47% from its 52-week low of 140.613 hit Monday, Sept. 16, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...