Raymond James says AI and HardTech to drive growth in 2025
Investing.com — Raymond James expects 2025 to be pivotal for generative AI commercialization and HardTech, given advancements in assistant-oriented use cases, autonomous vehicles, and humanoid robotics. Improved macroeconomic conditions, with U.S. real GDP projected to grow 2.5% in 2024 and 2.1% in
Exclusive-International Paper to win EU approval for $7.1 billion DS Smith deal
By Foo Yun Chee BRUSSELS (Reuters) -U.S.-based International Paper is set to get EU approval for its 5.8 billion pound ($7.12 billion) purchase of UK rival DS Smith after agreeing to sell assets to address competition concerns, people with direct knowledge
Aerospace stocks soar on new space exploration commitments
Investing.com — Shares of aerospace and rocket technology companies saw significant gains in today’s trading session after President Trump announced plans to send American astronauts to Mars, reigniting enthusiasm for space exploration. Among the notable movers were Intuitive Machines (NASDAQ:LUNR),
Prologis beats core FFO estimates on improving warehouse demand
(Reuters) – Real estate investment trust (REIT) Prologis (NYSE:PLD) beat Wall Street expectations for fourth-quarter core funds from operations (FFO), helped by improving demand for its warehousing spaces and sale of a data center. Shares of the warehouse-focused REIT
Primark faces headwinds, Morgan Stanley downgrades ABF to ‘underweight’
Investing.com — Morgan Stanley (NYSE:MS) has downgraded Associated British Foods (LON:ABF) (ABF) to an “underweight” from an “equal-weight” rating, citing various macroeconomic and sector-specific concerns. Shares of the company were down 1.9% at 08:55 ET (13:55 GMT). In