Barclays Trading Boss Hunts for Growth Against Wall Street Giants - Bloomberg.com

Barclays Trading Boss Hunts for Growth Against Wall Street Giants  Bloomberg.com

Here are Friday's biggest analyst calls of the day: Nvidia, SpaceX, Tesla, AMD, Intel, Dell, Apple, Meta & more

Here are the biggest calls on Wall Street on Friday.

Wall Street funds back China’s WuXi AppTec as weight-loss drug orders soar

US global asset managers, including BlackRock, have expanded stakes in mainland Chinese pharmaceutical contractor WuXi AppTec over the past two months, betting that a surge in weight-loss drug manufacturing orders will lift earnings in the first half of the year. Global investors were increasingly interested in China’s contract development and manufacturing organisation, and biotechnology sector, said Linda Shu, head of China healthcare research at HSBC. “WuXi Apptec is heavily owned given it...

By Julie Zhang

Oil prices surge above $100 a barrel for first time since May

Global oil prices have surged once again as tensions in the Middle East continue to escalate. Brent crude has climbed above $100 a barrel for the first time since May. While much of the focus has been on the strategic Strait of Hormuz, shipping through the Red Sea is also coming under growing threat after Yemen's Iran-backed Houthi rebels said they targeted two Saudi oil tankers. The escalation comes as Donald Trump said he was considering a "massive attack" on Iran, prompting Tehran to warn ...

By FRANCE24

Wall Street and GOP not impressed by Trump’s plan to charge extra for early Truth Social access

One critic warned that the offer amounted to the ‘ability to move markets when you’re advancing information’

By Owen Scott

Intel beats and raises, but Wall Street isn't buying the rally

Billions wiped out in IBM's worst fall in 115 yrs, but CEO has message for Wall Street

IBM's stock crashed 25 percent on July 14, its worst single-day fall ever, after mainframe revenue dropped 42 percent. CEO Arvind Krishna insists the software shortfall was deferral, not destruction—a third of the delayed deals closed within three weeks. IBM cut its 2026 growth forecast, but is betting $5 billion on Lightwell and over $10 billion on quantum computing.

By TOI TECH DESK

Global oil prices hits $100 amid West Asia tensions. Here’s why

Gov't to step up efforts to tame inflation amid renewed Middle East tensions

South Korea will step up efforts to ease upward pressure on consumer prices amid renewed geopolitical tensions in the Middle East and announce detailed measures to address unfair market practices next month, the finance minister said Friday. Finance Minister Koo Yun-cheol made the remarks during a meeting to examine consumer prices with relevant ministries, as renewed tensions between the United States and Iran are feared to lead to yet another disruption in global supply chains. "We will make t

By The Korea Herald

AMD in spotlight as bullish AI event praised by Wall Street