Investing.com - This year will be "critical" for Uber (NYSE:UBER), according to analysts at Bernstein, as the ride-hailing giant pushes to attract more customers and persuade investors that it can bolster its competitiveness in the race to monetize self-driving technology.Earlier this year, CEO Dara Khosrowshahi touted Uber’s position in the self-driving taxi segment, arguing that the compa ...
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 ...