Morgan Stanley has a new favorite pick in the chip space
Morgan Stanley believes Broadcom can leverage its skill in the chip business as well as its healthy cash flow to diversify into software.
Morgan Stanley believes Broadcom can leverage its skill in the chip business as well as its healthy cash flow to diversify into software.
Home Depot Inc said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.
The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.
Kohl's Corp cut its annual profit outlook on Tuesday ahead of the all-important holiday season, after the department store operator's quarterly comparable sales and earnings missed analysts' estimates, sending its shares down 12%.
New moves to curb short-selling in some countries have set the stage for a renewed battle between free market advocates and authorities aiming to check investors they see as profiteers who destabilize major companies.
World shares touched their highest in nearly two years on Tuesday on predictions of future growth and bets the United States and China can end their damaging trade war.
Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in.
The United Arab Emirates intends to buy two additional GlobalEye aircraft for surveillance from Saab, the Swedish defense firm said on Tuesday, lifting its shares by 3%.
Here are the biggest calls on Wall Street on Tuesday
U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates.
Heading into this holiday season, Americans have an average debt of $58,673 and it's making them feel more stress than good cheer.
"Wireless will have to do an awful lot of heavy lifting," the note said.
By Saeed Azhar, Hadeel Al Sayegh, Rania El Gamal and Clara Denina
Credit Suisse thinks Netflix shareholders can rest easy when it comes to Disney+.
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