UBS

After Apple Inc.’s (NASDAQ:AAPL) market share fell in China in the third quarter of 2024, UBS has forecast weaker iPhone sales in the month of December. What Happened: UBS analyst David Vogt, has lowered iPhone sales forecast for December, citing declining demand and falling market share in...

Palantir Technologies Inc (NASDAQ:PLTR) has delivered a remarkable 395% return this year, outperforming the entire S&P 500. Despite this strong performance, concerns are growing about the stock’s lofty valuation, with a few analysts expressing caution due to potential overbought...

Renewable energy stocks present a buying opportunity despite recent electoral headwinds, according to UBS analysts, while Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk continues to advocate solar power’s future dominance. What Happened: UBS analysts on Thursday elevated U.S. and EU renewables to...

Tesla Inc. (NASDAQ:TSLA) has been downgraded by UBS Group AG due to concerns over the company’s artificial intelligence plans. The stock was downgraded to “sell” from “neutral.” What Happened: UBS analysts, including Joseph Spak, expressed apprehension that Tesla...

Shares of leading semiconductor stock NVIDIA Corp (NASDAQ:NVDA) are trading higher after receiving an updated price target from a leading analyst Monday. The Nvidia Analyst: UBS analyst Timothy Arcuri has a Buy rating on Nvidia and raised the price target from $120 to $150. The Analyst Takeaways:...

Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...

The Swiss units of UBS Group AG (NYSE:UBS) and Credit Suisse Group are on track to merge by Jul. 1, according to a senior UBS executive. What Happened: The executive, Sabine Keller-Busse, President of UBS Switzerland, stated that the merger plan is progressing smoothly, Reuters reported on Tuesday...

In a recent report, it was suggested that NVIDIA Corp (NASDAQ:NVDA) has one customer that contributes to a significant portion of its revenue, with Microsoft Corp (NASDAQ:MSFT) being the likely candidate. What Happened: A UBS note speculated that Microsoft might be Nvidia’s largest indirect...

Leading airline company United Airlines Holdings Inc (NASDAQ:UAL) will report first-quarter financial results after market close Tuesday, April 16. Here's a look at the earnings estimates and key items to watch. Earnings Estimates: Analysts expect United Airlines to report first-quarter revenue of...

The Japanese wealth management joint venture of UBS Group AG (NYSE:UBS) and SuMi TRUST Wealth Management Co is set to acquire the wealth management business of Credit Suisse in Japan. What Happened: This acquisition comes after UBS’s takeover of its Swiss competitor in 2023. The agreement...

UBS Group AG (NYSE:UBS) has announced a new share buyback program worth up to $2 billion, set to commence in 2024. This move is intended to enhance investor returns as the bank pursues the completion of its acquisition of Credit Suisse. What Happened: UBS, based in Zurich, is initiating a new...

The 2024 presidential election, with President Joe Biden and former President Donald Trump as the key contenders, is expected to significantly impact the stock market, according to UBS. What Happened: UBS predicts that the stark policy differences between the two candidates could lead to...

In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) has been one of the leading producers of EVs over the last five years. After a strong recovery for its stock in 2023, Tesla shares have turned into one of the worst performers over the last three months. What Happened: The S&P 500 Index has been...

The stock market is set to continue its upward trajectory, according to UBS. The financial services giant has outlined four key factors that are expected to sustain the rally. What Happened: Despite potential risks, UBS remains optimistic about the market’s future, as per a blog post by Jason...