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Morgan Stanley says this is the stock to play China's EV industry consolidation

The firm has resumed coverage of a Chinese automaker with an overweight rating on expectations it can weather macro and industry uncertainties. from Finance https://ift.tt/wfmBFxi via IFTTT

Growth, value stocks could see boost from Russell rebalancing

This key market event could help boost growth and value stocks. Here’s why. from Finance https://ift.tt/u9pnmrj via IFTTT

JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps

The big banks announced their plans to boost capital return to shareholders after passing the annual stress test administered by the Federal Reserve this week. from Finance https://ift.tt/35uV1rT via IFTTT

Apple's Vision Pro starts deliveries at a higher price in China than in the U.S.

Apple's mixed-reality headset began deliveries in China on Friday with a retail price 18% higher than in the U.S.  from Finance https://ift.tt/vgi1Qx0 via IFTTT

Chinese smartphone maker Honor says AI's power is 'worthless' without data privacy

The transforming power of artificial intelligence is of no value unless user data is protected, says the CEO of Chinese smartphone company Honor, George Zhao. from Finance https://ift.tt/qaVWJ2G via IFTTT

IMF says Fed should hold interest rates where they are until 'at least' end of year

IMF managing director Kristalina Georgieva said Thursday that the Federal Reserve should hold off on rate cuts until 'at least' the second half of the year. from Finance https://ift.tt/iCh3nfk via IFTTT

Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dog

Shares of the online pet food retailer popped on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X resembling its logo. from Finance https://ift.tt/1CzBtQY via IFTTT