Max Verstappen on pole for F1 Mexican Grand Prix after torrid week as Lewis Hamilton starts third behind George Russell

LEWIS HAMILTON was denied pole position for Sunday’s Mexico GP as Max Verstappen took P1. Just days after being hit with a penalty for breaking F1’s cost-cap, the Dutchman provided the perfect boost to his Red Bull team. 1 World champ Max Verstappen is on pole, ahead of Mercedes duo Lewis Hamilton and George Russell, … Read more

‘Wait, What Do They Do?’ Mizuho Starts Upstart at Underperform, Expects ‘More Pain’ By

© Reuters. By Senad Karaahmetovic  Mizuho analysts initiated research coverage on Upstart (NASDAQ:) with an Underperform rating and a $17 per share price target, signaling a downside potential of about 20%. The analysts expect “more pain in coming quarters” after UPST shares fell 95% from the peak. The company’s CEO Dave Girouard said earlier this … Read more

Housing Starts Fell Again in September as Mortgage Costs Bit

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms … Read more

Netflix and Tesla Earnings, SPR Release, Housing Starts – What’s Moving Markets

By Geoffrey Smith — Netflix stock jumps as the streaming giant returns to subscriber growth. Tesla earnings are also expected to have rebounded after a tricky second quarter. Nestle (NS:) and – most likely – Procter & Gamble underline the pricing power of the big consumer companies. Housing starts are set to fall again … Read more

Cowen Starts Analog Devices at Outperform; Texas Instruments at Market Perform By

© Reuters. By Senad Karaahmetovic Cowen analysts initiated research coverage on Analog Devices (NASDAQ:) with an Outperform rating and a $180 per share price target. The analysts see the “attractive value” that ADI shares offer at the moment. ADI stock is especially attractive “in an environment when TMT investors are seeking relative safety.” Moreover, ADI … Read more

Bernstein Starts Airbnb at Outperform By

© Reuters. By Senad Karaahmetovic Bernstein analysts initiated research coverage on Airbnb Inc (NASDAQ:) with an Outperform rating. The price target of $143 per share implies an upside potential of around 30% compared to yesterday’s closing price. Airbnb is described by the analysts as “a unique company within travel, an aspirational brand set at a sub-luxury … Read more

RBC Starts Nike at Outperform, Sees 25% Upside By

© Reuters. By Senad Karaahmetovic Nike (NYSE:) shares are up almost 1% in premarket after an RBC Capital Markets analyst initiated research coverage with an Outperform rating and a $125 per share price target. Nike is described as a “100lb gorilla in sportswear with #1 market share” that could see its shares rally on the … Read more

Bond Yields and Rate Hikes, Ford Warning, Housing Starts – What’s Moving Markets

By Geoffrey Smith — Bond yields rise around the world as Sweden kicks off a week of big central bank meetings with a 100 basis point interest rate hike. Ford slumps after warning of big problems with supply chains and input costs. UnitedHealth gets some important support for its Change Healthcare acquisition. U.S. Housing … Read more

MoRTH starts mandatory training course on highway’s DPR preparation

New Delhi, Sep 19 (IANS) The Ministry of Road Transport and Highways (MoRTH) has started a mandatory training course on “Preparation of Feasibility Study and DPR for Highway Projects” for the personnel engaged by consultancy firms for preparation of detailed project reports (DPRs). The programme is aimed to improve the overall quality of DPRs in … Read more