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The Latest Breaking News from UBS

Rivian Receives Price Hike After New EV Reveals. But Can The Startup 'Go-It-Alone'?

Rivian surged nearly 13% last week on positive sentiment around the EV startup's R2 and R3 vehicle reveal. But cash remains a concern.

Investors Business Daily

This Pickleball Stock Could Rally 48%, According to Wall Street

Shares of Amer Sports, which debuted last month, have garnered favorable ratings from Wall Street analysts, indicating solid upside potential if scooped up amid the post-earnings pullback.

Barchart

UBS CEO Criticizes Europe For Lagging Behind U.S. In Banking

UBS CEO Sergio Ermotti criticizes European banking sector for lagging behind US in innovation and regulatory reforms, warns of Brexit impact.

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Netflix is killing this subscription loophole amid rumors of another price hike

Some Netflix users have avoided recent price hikes via Apple Billing, but not anymore. Netflix is cutting off this legacy pricing and making users pay Netflix directly.

Laptop

Is there another Netflix price hike coming?

Analysts predict Netflix will raise its prices again this year.

Get Ready for Another Netflix Price Hike This Year, Analyst Says

After Netflix made strong hints about yet another price increase last month, UBS' John Hodulik took the company at its word

Broadcasting & Cable

UBS Raises S&P 500 Year-End Target To Record High

UBS raises S&P 500 year-end target to 5,400, reflecting positive market outlook and influencing investment strategies.

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3 China Stocks to Monitor for Success

As China's economy surges with a resurgence in consumer spending post-pandemic, it could be wise to monitor sound China stocks Sohu.com (SOHU), Alibaba Group (BABA), and JD.com (JD) to capitalize on substantial growth opportunities. Read on….

StockNews.com

Credit Suisse and KPMG Prevail in US Lawsuit over Bank's Demise

Credit Suisse officials and KPMG have emerged victorious in a US lawsuit relating to the bank's demise, avoiding potential legal repercussions.

Top News

Amazon Is The Cloud King. AI Could Change That.

Amazon stock bolted 11% higher in two days this month. But its profit-driving AWS business faces formidable challengers.

Investors Business Daily

How Cytokinetics Overcame Two Setbacks And Doubled Its Stock Price Over A Month

Cytokinetics has shucked off two high-profile setbacks, leading CYTK stock to double as it looks to take on Bristol in heart disease.

Investors Business Daily

UBS aims for higher cost cuts increasing City job fears at Credit Suisse

UBS dramatically increased the cost cuts it expects to make from merging with Credit Suisse today, increasing fears that City job losses will be even worse than first planned.

Evening Standard

FTSE 100 Live 6 February: Index closes up 0.9% with BP topping risers

Barratt Developments is poised to buy Redrow after the housebuilders unveiled a surprise deal this morning.

Evening Standard

UBS To Reward Shareholders As Credit Suisse-linked Losses Narrow

Swiss banking giant UBS said Tuesday it would hand shareholders up to $1 billion in share buybacks as it posted a smaller-than-expected quarterly loss stemming from the costs of absorbing fallen rival Credit Suisse.

International Business Times

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International Business Times

UBS To Spell Out Growth Plan After Credit Suisse Takeover

Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a US-centered growth strategy hinted at by the mega-bank.

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European Shares Rise as Earnings Boost Propels Stock Markets

European shares edge up as upbeat earnings reports lift investor sentiment, signaling a positive start to the trading session.

Investors Business Daily

AI Sales To Soar 15-Fold By 2027, Analysts Say; Which AI Stocks Stand To Benefit?

Nvidia stock and other AI stocks could continue to lead in 2024 and beyond. Chips stocks not overvalued according to a UBS report.

Investors Business Daily

Can MongoDB, IBD Stock Of The Day, Build Off Its 2023 Surge?

MDB is the IBD Stock of the Day for Monday, as MongoDB looks to build off a big 2023 in which its value doubled.

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Investors Business Daily

DraftKings, IBD Stock Of The Day, Leaps Above 50-Day Line During Rally Toward Buy Point

DraftKings, IBD Stock Of The Day, flashed a bullish signal Thursday, shares barrel toward a buy point after 209% rally in 2023.

Investors Business Daily

Intuitive Surgical Surges To A Record High With Rivals On The Horizon 'Unlikely To Derail' It

Intuitive Surgical will continue to dominate the growing robotic surgery market, an analyst said Thursday. ISRG stock hit a record high.

Investors Business Daily

DraftKings Stock Spikes, Flashes Bullish Signal; Cathie Wood Unloads Shares

DKNG stock leapt 7% Thursday to jump above its 50-day line after DraftKings launched in Vermont on Jan. 11. Cathie Wood's ARK sells shares.

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UBS Chairman Optimistic on Bank's Return on Equity Target

UBS Group Chairman believes there is potential for the bank to exceed its return on equity target, suggesting a positive outlook for future profitability.

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UBS raises S&P 500 target to 5,150, leads big banks

UBS raises its year-end S&P 500 target for 2024 to 5,150, surpassing other major banks. Find out the reasons behind this bullish prediction.

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UBS appoints Australian banking executive to board

UBS has nominated a prominent Australian banking executive to join its board, strengthening their global leadership team and bringing in valuable expertise.

Caixin Global

Citadel Securities Bids for Credit Suisse’s China Venture

UBS’sale will face delay as Credit Suisse’s joint-venture buyout is still awaiting approval by Chinese regulators

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