The Latest Breaking News from Argus

BOYNTON BEACH, Fla. — Global revenue in the electric vehicle market is projected to exceed $384 billion in 2022, making lithium-ion batteries one of the planet’s most desired commodities – and China, Australia, and the U.S. are vying for their share.

Levi Colwill is yet to make his mark at Brighton since joining on loan this summer, but Chelsea will be hoping he is granted a run of games in the top-flight soon

The RFA Argus British Navy auxiliary vessel is said to be sitting in waters off the Gwynedd coast to the south of Criccieth and west of Harlech

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Argus analyst John Staszak downgraded Carnival Corp (NYSE: CCL) to Hold from Buy without a price target. Staszak said Carnival's growth prospects seem to deteriorate with the slow recovery from the Omicron surge amplified by a spike in fuel costs.

Argus analyst Joseph Bonner lowered the price target on eBay Inc (NASDAQ:EBAY) to $69 from $88 but kept a Buy. The price target implies an upside of 23.8%.  eBay will need to show that it can successfully carve out product niches among sellers in the face of severe competition from Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and start-up category…

Argus analyst John Staszak upgraded Delta Air Lines, Inc. (NYSE: DAL) to Buy from Hold with a price target of $46, implying an upside of 15%.