Markets and investing
EFG International CEO Sees Strong Wealth Growth Across Asia
EFG International CEO Giorgio Pradelli said the company is seeing significant growth in China and expects IPO activity there to increase.
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Markets and investing
Bernstein picks three European industrial stocks to benefit from data center growth
The brokerage rates Siemens, Siemens Energy and Schneider Electric Outperform, citing demand for power infrastructure, electrical equipment and automation as data center investment expands.
Markets and investing
Gold slips below $3,950 as Iran peace hopes ease oil-price concerns
Spot gold fell 0.7% to $3,920.44 an ounce on Tuesday, giving back some of Monday’s gains as precious metals came under renewed selling pressure. Investors are also watching the U.S. midterm elections for potential market implications.
Markets and investing
Jefferies raises Tempus AI price target to $70 and upgrades stock to Hold
Jefferies upgraded Tempus AI from Underperform to Hold, citing faster growth in its Data and Applications segments and strategic collaborations. Its new $70 price target remains below the stock’s quoted price of $78.48.