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21/05/2025
Market news: Medtronic will split its diabetes business into an independent company.
Latest
2 m ago
WTI crude oil futures are slightly lower, with intraday gains narrowing to 0.5%. Data shows that U.S. crude oil inventories increased by 1.33 million barrels last week, exceeding expectations of a decrease of over 740,000 barrels.
3 m ago
U.S. EIA crude oil inventories in Cushing, Oklahoma decreased by 457,000 barrels to -1.069 million barrels in the week ending May 16th.
3 m ago
B of A Securities: Maintains Wix.com (WIX.US) rating, adjusted from Buy to Buy rating, with a target price adjustment from $270.00 to $230.00.
4 m ago
After XPeng Motors released its first quarter 2025 financial report, Morgan Stanley maintained its "overweight" rating on XPeng (XPEV) stock and set a target price of $26. Morgan Stanley believes that XPeng has exceeded market expectations in several key financial and operational indicators, including strong revenue growth, significantly narrowed losses, delivery performance better than guidance, improved gross profit margin, sufficient cash reserves, and positive outlook for the future. Morgan Stanley assesses that XPeng is showing signs of "structural repair" and "clear profit path". The strong pace of product deliveries, rising gross profit margin, and strong cash flow collectively enhance the feasibility of its continued investment in AI and intelligent driving, maintaining an optimistic view of the company's medium and long-term growth potential.
4 m ago
Morgan Stanley maintains a "overweight" rating on Xiaopeng with a target price of $26.
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