Stellantis shares have fallen nearly 47% over the past year due to weak financial results, dividend cuts, and a revenue decline in 2025. Despite this, the company reported a 10% increase in Q2 vehicle shipments and plans to launch a new Alfa Romeo mid-sized SUV by the end of 2027. Deutsche Bank maintains a "Hold" rating but lowered the price target to EUR 5.50, reflecting cautious optimism amid a challenging automotive market. Stellantis aims to turn around its performance with new models and strong North American sales.
Prenetics Global Limited's wellness brand IM8 has closed a $1 billion growth financing deal with General Catalyst’s Customer Value Fund, which will cover up to 70% of IM8’s marketing spend. This non-dilutive financing allows IM8 to accelerate its exp...
Goldman Sachs reported record second-quarter results with revenue of $20.34 billion, far exceeding analyst estimates of $16.22 billion. Earnings per share surged 92% year-over-year to $20.98, driven by strong client activity and strategic dealmaking....
Faster Cars in Dubai has expanded its sports car rental services to cater to business travelers, tourists, and special events. The company offers a wide range of high-performance vehicles, including popular models like the Ford Mustang, with flexible...
Capital Link has published its Q2 2026 Quarterly Shipping Insights report, featuring exclusive interviews with senior executives from major shipping sectors including Container, Dry Bulk, LNG, LPG, and Tankers. The 132-page report covers critical the...
Williams Companies secured a $5.34 billion investment from Blackstone for AI-driven Power Innovation projects, reducing its capital needs while retaining 51% ownership. CIBC adjusted its price target to $83, suggesting potential stock price upside fr...
