The firm said other travel stocks such as Expedia look more attractive after Booking’s recent outperformance to peers.
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Piper Sandler downgrades Enphase Energy, cites uncertain outlook for U.S. residential solar market
The analyst slashed his price target to $255 from $350, implying upside of about 16%.
Continue readingInflation is cooling, but prices on many items are going to stay high for months
As costs fall, some companies are still locked into long-term contracts or are boosting profits rather than lowering prices.
Continue readingHow Tesla’s price cuts could spur an EV pricing war
Tesla’s price cuts make the vehicles more affordable and likely eligible for federal EV tax credits but tank the resale values of cars for current […]
Continue readingBoeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Boeing’s orders and deliveries rose last year as travel rebounded.
Continue readingF1 sends incendiary letter to FIA after Mohammed Ben Sulayem’s ‘inflated price tags of $20bn’ claim
The letter, which has been seen by Sky News, threatens to escalate tensions between Formula 1 and the FIA.
Continue readingMicrosoft shares are ‘just north’ of expensive after reporting earnings, Tim Seymour says
Microsoft shares were higher initially in extended trading after the tech giant reported earnings, then dipped lower.
Continue readingCramer’s lightning round: Amicus Therapeutics is an ideal spec
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingJim Cramer says to consider an analyst’s call timeframe when investing
CNBC’s Jim Cramer used recent analyst calls on Advanced Micro Devices to illustrate his point.
Continue readingRupert Murdoch calls off proposed Fox-News Corp merger
Rupert Murdoch had been exploring a reunion of Fox and News Corp about 10 years after he split the companies.
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