Chinese Food Delivery Stocks Jump on Regulatory Probe Into Price Wars
Chinese food delivery stocks surge as regulators investigate price wars. Meituan, Alibaba, and JD.com rally on hopes authorities will end costly subsidy battles.
/ 343 items
#Consumer Disc.↓
Wolfe Research Downgrades Rivian: Why the Risk Is Rising
Wolfe Research cuts Rivian to Underperform with a $16 target, citing weaker fundamentals, higher losses, and growing downside risks.
GM Takes $6 Billion EV Writedown as Electric Vehicle Market Cools
General Motors (GM) announces $6 billion in EV-related charges as demand weakens and Trump eliminates tax credits, joining Ford in massive electric vehicle pullback.
Piper Sandler Upgrades Ford, GM, and Stellantis Stocks
Piper Sandler upgraded Ford, GM, and Stellantis to Overweight, raising price targets and highlighting improved strategy, cash flow strength, and upside potential through 2026–2027.
UBS Upgrades Gap Stock to Buy, Price Target Hits $41
UBS raises Gap stock rating to Buy with $41 price target, citing improved sales outlook, beauty and handbag expansion, and Athleta growth potential.
Henkel Makes Takeover Bid for Struggling Olaplex After 90% Stock Plunge
German consumer goods giant Henkel AG submits offer to acquire Olaplex Holdings, the haircare brand that lost over 90% of its value since 2021 IPO.