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06/04/2026
Industrial and Commercial Bank of China's Investment Research Institute downgrades energy sector rating.
Latest
2 m ago
The Minister of Economy of Bolivia stated that the government will implement a tax credit policy for fuel purchases.
4 m ago
Nordic Nordic CEO Mike Doustdar: The demand for weight loss drugs far exceeds the current capacity of the industry to provide.
4 m ago
Morgan Stanley analyst Ryan Brinkman said Tesla investors should proceed with caution as Tesla faces a further risk of declining performance. Brinkman lowered his profit forecast for Tesla after the company's first-quarter delivery numbers last week fell short of expectations. Morgan Stanley lowered its first-quarter 2026 earnings per share expectation from $0.43 to $0.30, lowered its full-year 2026 expectation from $2.00 to $1.80, and lowered its 2027 expectation from $2.45 to $2.25. "We still believe that Tesla's stock price has as much as a 60% downside potential from our December 2026 price target of $145 and we recommend investors maintain a high level of caution with Tesla stock," the analyst wrote. He also added, "Given the significantly enhanced forward earnings expectations implied by the rising Tesla stock price, while at the same time consensus expectations for all performance indicators have been greatly lowered at least until the end of this decade, investors should be aware of execution risks and the time value of money."
9 m ago
The Kuwaiti military said that a residential area in the northern part of the country was hit by missile fragments, causing injuries to people.
10 m ago
Basra Oil Company Manager: The drone attacks on the southern oil fields have caused significant disruptions to Iraq's oil production and operations. The drone attack on the Rumaila oil field hit facilities used by American oilfield service companies Schlumberger and Baker Hughes.
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