Investing.com -- Susquehanna initiated coverage of GE Vernova with a "Positive" rating and a $370 price target, citing strong demand for the company’s gas turbines and electrification technologies amid rising global power needs.GE Vernova is the largest provider of gas turbines globally, with an installed base roughly twice the size of its nearest competitor.The firm is well-positioned to b ...
(Reuters) -Shares of Truth Media & Technology Group, the parent company of President Donald Trump’s Truth Social platform, plunged more than 6.5% on Wednesday after the company filed papers that would allow the president’s trust to sell a large number of shares. Trump Media, which operates the Truth Social platform and is primarily owned by Trump, filed to re-register shares that would all ...
Investing.com -- The S&P 500 climbed Wednesday, just ahead of President Donald Trump is set to roll out of reciprocal tariffs. At 4:00 p.m. ET, the Dow Jones Industrial Average rose 235 points, or 0.6%, the S&P 500 index rose 0.6%, and the NASDAQ Composite added 0.9%.Trump tariffs loom largePresident Trump will implement reciprocal tariffs on a wide range of trading partners star ...
By Akash Sriram and Abhirup Roy(Reuters) -Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk’s politics, rising global competition, and people waiting for a refresh to its highest-selling electric vehicle Model Y.The stumbling sales indicate that the one-time leading brand is reeling from the fallout of the company delaying launch ...