With Donald Trump poised to begin a second term as US President in the coming months, investors should prepare for pro-growth policies under Trump's projected victory, UBS Chief Investment Officer Mark Haefele wrote Wednesday.
Trump’s second, non-consecutive term could bring extended tax cuts, deregulation, and a realignment of the US stance on trade and global affairs.
A dip in renewable energy stocks on the back of Donald Trump winning the SU presidential is a buying opportunity for investors.
That is the suggestion from Nigel Green, CEO of financial advisor deVere Group.
Super Micro Computer Inc (NASDAQ:SMCI) said its 'special committee' found no wrongdoing but broker Wedbush cut its target price on the stock for the second time this week.
This follows preliminary earnings from the server maker overnight, where revenue indications from the previous quarter and the coming quarter were trimmed.
Marks and Spencer Group PLC (LSE:MKS) thoroughly surpassed market expectations with Wednesday's first-half results, with broker reactions responding in kind.
Peel Hunt highlighted M&S’ "material beat” at the profit-before-tax level, noting that both food and merchandise performed strongly.
Prudential PLC (LSE:PRU) staged a mild rally as a third-quarter update from the Asia-focused life insurance and wealth group delivered a modest sales surprise, according to analysts at Jefferies.
Volumes accelerated in the third quarter, growing by 10% and taking nine months growth to 7%, said the US bank.
Shares of the investment firm 3i Group PLC (LSE:III) rose almost 5% after an upgrade from a leading investment house.
Deutsche Bank moved to 'buy' from 'hold', raising its price target from 2,918 pence to 4,037 pence, citing the expected growth of its primary retail investment, the Dutch chain Action.
Shares in Tesla Inc (NASDAQ:TSLA) and most big US banks surged as US election results pointed to Donald Trump returning to the White House for a second term as president.
Trump was declared victor, the Associated Press reported on Wednesday morning, as the Republican party candidate reached the 270-electoral college vote threshold.
Burberry Group PLC (LSE:BRBY)’s share have been in the doldrums for nigh on 19 months now, but the prospect of a takeover bid from Moncler has piqued the interest of analysts at RBC Capital Markets.
Though only a rumour, there are clear synergies between the two businesses, RBC highlighted.
Donald Trump’s election victory is expected to bring a strategic boost to Tesla Inc (NASDAQ:TSLA), with Wedbush analysts projecting major policy shifts that could favour the electric vehicle (EV) maker.
According to the investment bank, Trump’s administration is likely to scale back federal EV rebates and tax incentives, which would impact much of the industry.