A man pushes a tricycle loaded with LPG cylinders on the road below the Adani signage in Mumbai. US based Hindenburg Research firm’s allegation on fraud by Adani Enterprise has sparked political debate in India by the opposition parties.Sopa Images | Lightrocket | Getty ImagesIndia is ramping up its energy imports from the U.S. in a bid to reduce its trade surplus with Washington — a key demand of the Trump administration during trade negotiations with New Delhi.On Monday, Hardeep Singh Puri, Indian union minister of petroleum and natural gas, announced a deal that will see the United States supply…
Author: usaeverydaylife
Check out the companies making headlines in premarket trading. Alphabet — The YouTube and Google owner rose more than 4% after Warren Buffett’s Berkshire Hathaway revealed it took a more than $4 billion stake in Alphabet in the third quarter. Zymeworks and Jazz Pharmaceuticals — Drugmakers Zymeworks and Jazz Pharmaceuticals reported Phase 3 trial results of their cancer drug Ziihera. Zymeworks shares surged about 35%, while Jazz rose nearly 21%. Lithium stocks — Citing a local Chinese news source, Bloomberg reported Ganfeng Lithium Group Company chairman Li Liangbin forecast Sunday that lithium demand will grow 30% in 2026. Albemarle, the…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.David A. Grogen | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years.Alphabet shares were up nearly 4% in premarket trading, bucking some weakness in most technology shares to start the week.A quarterly 13F filing showed Berkshire owned roughly $4.3 billion worth of Alphabet as of Sept. 30, making it the firm’s 10th largest equity holding. The move surprised many Buffett watchers…
2025 Jeep Cherokee SUVStellantisAUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story.It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on Jeep and its parent company, Stellantis.”This isn’t just a comeback. This is the Jeep brand reclaiming a segment we invented and defined,” Jeep CEO Bob Broderdorf said during a recent media event.Jeep has been in a rut this decade, despite the brand’s well-known off-road capabilities that have carried…
Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024.Hollie Adams | ReutersNovo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to make the treatments more accessible. The Danish drugmaker is lowering the price of the drugs for existing cash-paying patients to $349 per month from $499 per month. But Novo Nordisk said the cash-pay cost of the highest dose of Ozempic will remain $499 per month. Also on Monday, Novo…
Barclays believes that Gap has what it takes to hedge against future potential tariff pressures, making the outlook for the Old Navy parent more constructive. The bank upgraded the clothing retailer to an overweight rating from equal weight. Analyst Adrienne Yih also hiked her price target to $30 per share from $19, which implies 24% upside from Friday’s close. Yih touted the disciplined leadership strategy under Gap CEO Richard Dickson and CFO Katrina O’Connell, which has helped elevate Gap’s brand and drive sustainable growth for the company. GAP YTD mountain GPS YTD chart “GAP’s strategy is focused on rebuilding long-term…
A Plane Boeing 777X performs during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. Amr Alfiky | ReutersEmirates said Monday it has placed an order for 65 additional Boeing 777-9 aircraft, worth $38 billion at list prices, on the opening day of Dubai Airshow 2025.Emirates is Boeing’s largest customer in terms of wide-body jets, and today’s announcement takes the airline’s total orderbook with Boeing to 315 widebody aircraft.It marks “a massive long-term commitment to U.S. aerospace manufacturing, generating support for hundreds of thousands of high value manufacturing jobs in the U.S. over the life of the programmes,”…
Morgan Stanley is adopting a bearish stance on Dell . The bank double downgraded shares of the computer maker to underweight from overweight. Analyst Erik Woodring also slashed his price target to $110 from $144, which implies downside of 18% from Friday’s close. Woodring believes that margin pressures could compress Dell’s valuation from here. He highlighted that Dell is one of the hardware original equipment manufacturers that is most exposed to rising costs within the DRAM and NAND memory businesses, which should weigh on margins over the next 12-to-18 months. DELL YTD mountain DELL YTD chart “This is important as…
An Emirates airline Boeing 777 at Sydney’s International Airport on May 01, 2021 in Sydney, Australia.James D. Morgan | Getty Images News | Getty ImagesDubai-based airline Emirates said on Monday it was ordering another 65 Boeing 777-9 jets, cementing its position as the world’s biggest buyer of wide-body jets as the U.S. planemaker agreed to carry out a feasibility study for a larger version.Emirates valued the deal for Boeing’s largest in-production jet at $38 billion, though analysts say carriers typically win steep discounts for large transactions.The announcement at the opening of the Dubai Airshow brings Emirates’ orders for the 777X…
Jensen Huang attends a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace in London, Brirain, Nov. 5, 2025. Yui Mok | Via ReutersNvidia CEO Jensen Huang revealed in October that his company has $500 billion in orders, in 2025 and 2026 combined, for its chips that are at the heart of the AI boom.For a company that has seen its quarterly revenue grow nearly 600% over the past four years, Huang’s statement was a sign that Nvidia is confident of another year of strong — but slowing — growth for its next cycle of chips,…
