SPX double digit gains two years in a row no reason to be bearish: Sevens
Investing.com — As the bull market enters its third year, the Sevens Report sees little reason for bearishness despite stretched valuations and geopolitical risks. Sevens said in a note that “there are positives such as solid economic growth, looming pro-growth policies from
Target bumps up holiday sales forecast on robust apparel, toy demand
By Siddharth Cavale NEW YORK (Reuters) – Target (NYSE:TGT) raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December. Black Friday and Cyber Monday were record sales
Nintendo set to launch Switch 2 console this year
Investing.com — Nintendo, the Japanese video game company, has announced plans to launch the Switch (NYSE:SWCH) 2 console, a successor to its popular Switch device, later this year. The Kyoto-based firm did not disclose the pricing details for
BofA hikes UPS rating to Buy, says freight recession nearly over
Investing.com — Bank of America (BofA) analysts upgraded United Parcel Service Inc (NYSE:UPS) stock to Buy from Neutral on Thursday, citing an anticipated end to the freight recession by 2025 and potential gains from the company’s pricing model
UBS upgrades Zalando SE to ‘buy’ amid growth, market share, and profit gains
INvesting.com — UBS Global Research has upgraded Zalando SE (ETR:ZALG) to a “buy” from a “neutral” rating, citing signs of a potential turnaround driven by structural growth and operational improvements. Shares of the German online retailer jumped to 12.9%