News

-1.04% -7.16% -7.79% -13.64% -8.04% -3.51% -4.75% -4.94% Investing.com– Shares of Chinese electric vehicle makers fell on Tuesday, tracking an overnight slide in Tesla Inc (NASDAQ:TSLA) after the world’s most valuable EV firm clocked a sharp sales decline in China.  Shares of BYD (SZ:002594) Co Ltd (HK:1211), NIO Inc (HK:9866), Xpeng (NYSE:XPEV) Inc (HK:9868) and Li Auto (NASDAQ:LI) Inc (HK:2015)…

+5.56% -0.12% +48.58% +12.15% +6.98% -0.41% -0.25% Benzinga – by Mehab Qureshi, Benzinga Staff Writer. Major cryptocurrencies surged on Monday evening as Bitcoin’s price rally showed no signs of slowing down. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +8.07% $68,681 Ethereum (CRYPTO: ETH) +5.07% $3,659 Dogecoin (CRYPTO: DOGE) +30.36% $0.19 What Happened: This led to BTC…

-1.41% +2.43% By Francesca Landini MILAN (Reuters) – Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy’s biggest liquefied natural gas import terminal from Exxon Mobil (NYSE:XOM) and QatarEnergy, two sources with knowledge of the matter said on Monday. The deal, which sources previously said could value the entire terminal at about 800 million euros…

-0.96% +4.21% (Reuters) – French media group Vivendi (EPA:VIV)’s Canal+ has raised its offer to buy all the shares of South Africa’s MultiChoice that it does not already own, the companies said on Tuesday. Canal+, the biggest shareholder in MultiChoice, had agreed to raise its bid to 125 rand per share from its earlier offer of 105 rand. Last month,…

+5.60% +2.43% By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block….

-0.64% MILAN (Reuters) – Italy’s Saipem on Wednesday pledged to resume paying dividends in 2025, signalling the restructuring of the energy contractor was bearing fruits. The group returned to profit last year, reporting a net income of 179 million euros ($194 million), the highest in a decade, it said in a statement. In the 2024-27 period Saipem expects to win…

+2.85% On Wednesday, Morgan Stanley (NYSE:MS) maintained an Overweight rating on First Solar (NASDAQ:FSLR) and increased the price target to $245.00, up from the previous $237.00. The firm’s analysis followed the in-line financial results for the fourth quarter of 2023 and the guidance provided for 2024. The report noted improved pricing on incremental bookings, which is expected to address concerns…

By Andrea Shalal and Christian Kraemer SAO PAULO (Reuters) – French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet Yellen’s view that it would be legal to monetize some $300 billion in frozen Russian assets, revealing deep divisions among Group of Seven countries. Le Maire, speaking after a G7 finance officials meeting, rejected the U.S….

+7.76% On Wednesday, Stifel reaffirmed its Hold rating on eBay (NASDAQ:EBAY) shares, maintaining the price target at $45.00. The firm’s analysis followed eBay’s fourth-quarter results, which exceeded expectations in terms of revenue and adjusted EBITDA. Despite the positive performance, eBay’s management pointed out current challenges, including a difficult market in the U.K. and a dip in U.S. retail sales during…

+2.17% Loop Capital analysts initiated Dell Technologies (NYSE:DELL) with a Buy rating and $125 price target in a research note on Wednesday. The firm told investors they believe not only is there material upside to Street estimates through CY2026 / FY2027, but also that DELL has an opportunity to alter the narrative around the stock such that a material valuation…